Construction Materials in Mexico
Summary
Construction Materials in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The construction materials market consists of cement, aggregates, and bricks.
- The Mexican construction materials market recorded revenues of $16.1 billion in 2023, representing a compound annual growth rate (CAGR) of 5.5% between 2018 and 2023.
- The aggregates segment accounted for the market's largest proportion in 2023, with total revenues of $7.8 billion, equivalent to 48.3% of the market's overall value.
- The growth of the Mexican construction materials market is driven by the expanding economy which is leading to increased construction activities in both the public and private sectors. According to the International Monetary Fund (IMF), in 2023, Mexico witnessed a real GDP annual growth of 3.2%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction materials market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction materials market in Mexico
- Leading company profiles reveal details of key construction materials market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico construction materials market with five year forecasts
- What was the size of the Mexico construction materials market by value in 2023?
- What will be the size of the Mexico construction materials market in 2028?
- What factors are affecting the strength of competition in the Mexico construction materials market?
- How has the market performed over the last five years?
- What are the main segments that make up Mexico's construction materials market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading player?
- 7.4. What have been the most recent market developments?
- 8 Company Profiles
- 8.1. CEMEX, SAB de CV
- 8.2. Holcim Limited
- 8.3. GCC SAB de CV
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Mexico construction materials market value: $ million, 2018-23
- Table 2: Mexico construction materials market category segmentation: % share, by value, 2018-2023
- Table 3: Mexico construction materials market category segmentation: $ million, 2018-2023
- Table 4: Mexico construction materials market geography segmentation: $ million, 2023
- Table 5: Mexico construction materials market value forecast: $ million, 2023-28
- Table 6: CEMEX, SAB de CV: key facts
- Table 7: CEMEX, SAB de CV: Annual Financial Ratios
- Table 8: CEMEX, SAB de CV: Key Employees
- Table 9: Holcim Limited: key facts
- Table 10: Holcim Limited: Annual Financial Ratios
- Table 11: Holcim Limited: Key Employees
- Table 12: GCC SAB de CV: key facts
- Table 13: GCC SAB de CV: Annual Financial Ratios
- Table 14: GCC SAB de CV: Key Employees
- Table 15: Mexico size of population (million), 2019-23
- Table 16: Mexico real gdp (constant 2010 prices, $ billion), 2019-23
- Table 17: Mexico gdp (current prices, $ billion), 2019-23
- Table 18: Mexico inflation, 2019-23
- Table 19: Mexico consumer price index (absolute), 2019-23
- Table 20: Mexico exchange rate, 2018-23
- List of Figures
- Figure 1: Mexico construction materials market value: $ million, 2018-23
- Figure 2: Mexico construction materials market category segmentation: $ million, 2018-2023
- Figure 3: Mexico construction materials market geography segmentation: % share, by value, 2023
- Figure 4: Mexico construction materials market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the construction materials market in Mexico, 2023
- Figure 6: Drivers of buyer power in the construction materials market in Mexico, 2023
- Figure 7: Drivers of supplier power in the construction materials market in Mexico, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the construction materials market in Mexico, 2023
- Figure 9: Factors influencing the threat of substitutes in the construction materials market in Mexico, 2023
- Figure 10: Drivers of degree of rivalry in the construction materials market in Mexico, 2023
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