Commercial Paving Slabs Market Size, Share Global Analysis Report, 2019 – 2026

Industry Insights

According to the report published by Facts & Factors, the global Commercial Paving Slabs Market size was worth around USD 7280 million in 2019 and is predicted to grow around USD 12,000 million by 2026 with a compound annual growth rate (CAGR) of roughly 8% between 2020 and 2026. The report analyzes the global Commercial Paving Slabs Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Commercial Paving Slabs Market.

The Global Commercial Paving Slabs Market report is an extensively conducted survey that consists of some important factors that help to know about the current on-going market trends and also understand the growth of the market in the coming years. The analysis of all these factors is conducted through various reliable sources who are connected with this market for years. This detailed report provided through quantitative analysis helps to get insights about the product, its type, and applications of the commercial paving slabs market.

The qualitative analysis helped to gather data through a series of interviews and questionnaires conducted with the top management of various companies of commercial paving slab market. The detailed analysis using various qualitative methods such as porter five analysis, PESTLE analysis, along with SWOT analysis is also added in the report. Also, the details available in the public domain such as the annual reports were also included in the report.

Key Insights from Primary Research

• As per the primary research details shared by our primary respondents, the Commercial Paving Slabs market is expected to grow annually at a rate of around 8%.
• Through our sources for primary research, the Commercial Paving Slabs market was valued at around USD 7280 Million in 2019.
• On the basis of the type of material used in the commercial paving slabs, “concrete” contributes the maximum share of around 52% in 2019.
• On the basis of the type of residence preferred for the usage of the commercial paving slabs, “residential properties” demand for these paving slabs on a larger scale and shares around 51% in 2019.
• In terms of volume, the Commercial Paving Slabs market had a contribution of around 145 million square meter, globally in 2019.

Key Recommendations from Analysts

• As per the details shared by our analysts, commercial paving slabs are in huge demand due to its easy availability in multiple shapes, sizes, and colors.
• The durability, less pricing and easy availability of the slab make it more popular among the consumers.
• Due to the easy availability of cement in the market due to the ongoing infrastructural development across the globe, the cement paving slabs are in huge demand from the customers and continues to grow in the coming years.
• Based on the application, the residential properties require a large count of paving slabs. Various facilities of parking, gardens, jogging tracks, cycling tracks require these paving slabs due to its durability.
• Commercial Paving Slabs market shows a growth rate of around 8%. This would be very helpful for    new manufacturers and suppliers who are planning to establish a new business in this sector. And also the existing manufacturers and suppliers can lay out their plans for future in boosting the sales of their paving slabs.

Market Attractiveness – By Application

This report also helps to know about the leading market player and the strategies used for the growth. This report also gives information about the product and the features of sales and volume generated by the leading market player. This information would be helpful for emerging companies to study the market and the leading market player and implement the strategies for its growth and gain more profits in the coming years. This report also helps the growing companies to know about the demand for the product in a particular region which will eventually help in the expansion of the company in that region.

Report Scope

Top Companies included in the report are :

• Hanover Architectural Products
• Unilock
• Artistic Paver Manufacturing
• Pavestone
• Abbotsford Concrete Products
• Westile Roofing Products
• Sunny Brook Pressed Concrete
• Tile Tech
• Mutual Materials
• Techo-Bloc
• Wausau Tile

This report segments the Commercial Paving Slabs market as follows:

By Type Segment Analysis

• Concrete
• Clay
• Stone

By Application Segment Analysis

• Landscape Areas
• Residential Properties
• Others

Global Commercial Paving Slabs Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest Of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• The Middle East & Africa
  • GCC Countries
  • South Africa

Rest of Middle East & Africa

Key Pointers Addressed by the Report

• Historical data and forecast analysis of the market
• Drivers and Restraints affecting market dynamics
• Exhaustive analysis about the future market trends
• Comprehensive information about the leading market segments and region
• Strategic developments made by the competitive players and in-depth analysis about its impact on market growth