April 24, 2024

Bricks Market Size to Garner USD 2,217.56 Billion by 2032

The global Bricks market size was estimated to be around US$ 1,684.85 billion in 2023 and is projected to reach US$ 2,217.56 billion by 2032, indicating a CAGR of 3.1% from 2023 to 2032.

Bricks Market Size 2023 To 2032

Key Takeaways

  • North America contributed more than 39% of revenue share in 2022.
  • Asia-Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
  • By brick type, the clay bricks segment held the largest market share of 41% in 2022.
  • By brick type, the concrete segment is anticipated to grow at a remarkable CAGR of 4.1% between 2023 and 2032.
  • By size, the standard segment generated over 48% of revenue share in 2022.
  • By size, the modular segment is expected to expand at the fastest CAGR over the projected period.
  • By application, the residential segment generated over 32% of revenue share in 2022.
  • By application, the infrastructure segment is expected to expand at the fastest CAGR over the projected period.

The bricks market is a crucial segment within the construction industry, playing a foundational role in the development of structures worldwide. Bricks have been a staple building material for centuries, owing to their durability, versatility, and ease of use. In the contemporary construction landscape, the bricks market encompasses various types, including clay bricks, concrete bricks, and fly ash bricks. The demand for bricks is intricately linked to the growth of the construction sector, which, in turn, is influenced by factors such as urbanization, population expansion, and infrastructure development.

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Growth Factors

Several factors contribute to the growth of the bricks market. Urbanization, especially in emerging economies, is a significant driver as more people migrate to cities, necessitating increased construction activities. Moreover, the focus on sustainable and energy-efficient construction practices has led to a surge in demand for eco-friendly bricks, such as those made from recycled materials or with lower carbon footprints. Technological advancements in brick manufacturing processes, enhancing efficiency and quality, also contribute to the positive growth trajectory of the bricks market.

Bricks Market Scope

Report Coverage Details
Market Size in 2023 USD 1,684.85 Billion
Market Size by 2032 USD 2,217.56 Billion
Growth Rate from 2023 to 2032 CAGR of 3.1%
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Brick Type, By Size, and By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Zero Emission Trucks Market Size To Reach USD 60.78 Bn By 2032

Bricks Market Dynamics

Drivers:

The drivers influencing the bricks market are multifaceted. Government initiatives promoting affordable housing and infrastructure development are key drivers, as they directly impact the demand for bricks. Additionally, the growing awareness and implementation of stringent building codes and standards drive the market towards innovation in brick production, including the development of fire-resistant, earthquake-resistant, and high-insulation bricks. Furthermore, the increasing adoption of prefabricated construction methods has stimulated the demand for bricks, as they remain a fundamental component in these building systems.

Opportunities:

The bricks market presents various opportunities for growth and diversification. With the global push towards sustainable construction, there is a burgeoning opportunity for manufacturers to invest in research and development of eco-friendly bricks. Expanding into emerging markets with rising construction activities provides another avenue for growth. Collaboration with architects and designers to create aesthetically pleasing yet functional brick designs opens new possibilities. Additionally, the rise of smart cities and the integration of technology in construction present opportunities for innovation in brick manufacturing and usage.

Challenges:

Despite the promising outlook, the bricks market faces challenges that necessitate strategic considerations. Fluctuating raw material prices, especially for traditional clay bricks, can impact profit margins. Environmental concerns related to the extraction of raw materials and the energy-intensive nature of brick production pose challenges in a world increasingly focused on sustainable practices. Moreover, the competition from alternative construction materials and the need for skilled labor in bricklaying contribute to the challenges faced by the bricks market. Adapting to these challenges and embracing sustainable practices will be crucial for the long-term success of the industry.

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Bricks Market Companies

  • Wienerberger AG
  • Boral Limited
  • CRH plc
  • Ibstock plc
  • Acme Brick Company
  • Hanson Building Products
  • General Shale
  • Glen-Gery Corporation
  • Redland Brick Inc.
  • Brickworks Limited
  • Taylor Maxwell
  • Endicott Clay Products
  • Lignacite
  • Paladino Industrie
  • Grupo Lamosa

Segments Covered in the Report:

By Brick Type

  • Clay
  • Concrete
  • Calcium Silicate
  • Fly Ash
  • Stone

By Size

  • Standard
  • Modular
  • Jumbo

By Application

  • Residential Building
  • Commercial Building
  • Infrastructure
  • Path
  • Parterre
  • Landscaping

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Bricks Market 

5.1. COVID-19 Landscape: Bricks Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Bricks Market, By Brick Type

8.1. Bricks Market Revenue and Volume, by Brick Type, 2023-2032

8.1.1 Clay

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Concrete

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

8.1.3. Calcium Silicate

8.1.3.1. Market Revenue and Volume Forecast (2020-2032)

8.1.4. Fly Ash

8.1.4.1. Market Revenue and Volume Forecast (2020-2032)

8.1.5. Stone

8.1.5.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Bricks Market, By Size

9.1. Bricks Market Revenue and Volume, by Size, 2023-2032

9.1.1. Standard

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Modular

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Jumbo

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Bricks Market, By Application 

10.1. Bricks Market Revenue and Volume, by Application, 2023-2032

10.1.1. Residential Building

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. Commercial Building

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

10.1.3. Infrastructure

10.1.3.1. Market Revenue and Volume Forecast (2020-2032)

10.1.4. Path

10.1.4.1. Market Revenue and Volume Forecast (2020-2032)

10.1.5. Parterre

10.1.5.1. Market Revenue and Volume Forecast (2020-2032)

10.1.6. Landscaping

10.1.6.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global Bricks Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.1.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.1.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.1.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.1.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.1.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.1.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.6.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.2.7.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.2.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.6.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.3.7.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.3.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.6.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.4.7.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.4.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.5.4.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.5.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Brick Type (2020-2032)

11.5.5.2. Market Revenue and Volume Forecast, by Size (2020-2032)

11.5.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)

Chapter 12. Company Profiles

12.1. Wienerberger AG

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Boral Limited

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. CRH plc

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Ibstock plc

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Acme Brick Company

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Hanson Building Products

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. General Shale

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Glen-Gery Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Redland Brick Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Brickworks Limited

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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