$12.1bn
$X.Xbn
33,643
15,115
$X.Xbn
The Concreting Services industry is integral for most types of buildings and structures. Concreting contractors pour, lay, place and shape concrete to form foundations, pavements, suspended floors, columns, tilt-walls and other structures. Favourable trends in non-residential building construction and several concrete-intensive infrastructure markets have underpinned the industry's performance through 2023-24. Still, the industry has faced adverse trends in the multi-unit dwelling construction market since the 2017-18 peak, and concreting work in the house construction market has been choked off in recent years by the hike in mortgage interest rates.
Industry revenue has grown at a CAGR of 1.2 % over the past five years, to reach an estimated $12.1bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Boral | 206.0 | |
British Concrete Pty Ltd | 116.6 | |
BGC | 97.0 |
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Industry revenue is measured across several distinct product and services lines, including Foundation and paving concreting, General concreting and Other concreting and construction. Foundation and paving concreting is the largest segment of the Concreting Services in Australia.
Demand for foundation and paving concreting is weakening
Companies in the industry undertake concrete pouring or other concrete work on construction projects.
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ANZSIC 3221 - Concreting Services in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Work on non-residential building construction and landmark infrastructure projects has underpinned concreting contractors’ performance. Favourable trends in these markets hav...
Learn about an industry's products and services, markets and trends in international trade.
General concreting work on large-scale non-residential buildings and infrastructure projects has underpinned the industry's expansion. General concreting work includes constr...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Victoria has a substantial share of concreting enterprises, which reflects the state's high proportion of national construction activity. Record investment in landmark road a...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Price differentiation is the prime determinant of competition within the industry. A proven track record for quality and timeliness can help contractors compete for larger or...
Learn about the performance of the top companies in the industry.
The industry has no Major Companies. The Concreting Services industry comprises many small-scale contractors and lacks scope for achieving scale economies.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The slump in single-unit house construction has weakened concreting contractors in the residential building market. New house construction activity has collapsed following re...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit margins have been squeezed by rising input prices and weaker conditions in the building construction markets. Concreting contractors working on landmark transport infr...
Including values and annual change:
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Key data sources in Australia include:
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The market size of the Concreting Services industry in Australia is $12.1bn in 2024.
There are 15,115 businesses in the Concreting Services industry in Australia, which has grown at a CAGR of 2.2 % between 2019 and 2024.
The market size of the Concreting Services industry in Australia has been growing at a CAGR of 1.2 % between 2019 and 2024.
Over the next five years, the Concreting Services industry in Australia is expected to grow.
The biggest companies operating in the Concreting Services market in Australia are Boral, British Concrete Pty Ltd and BGC
General concreting and Foundation and paving concreting are part of the Concreting Services industry.
The company holding the most market share in Australia is Boral.
The level of competition is high and steady in the Concreting Services industry in Australia.