Stone, Concrete & Clay Wholesaling in the US - Industry Market Research Report

Stone, Concrete & Clay Wholesaling in the US - Industry Market Research Report

Stone, Concrete & Clay Wholesaling in the US

The industry provides materials to the larger construction sector. Industry revenue largely follows downstream demand trends. This dependence has led to wholesalers being significantly disrupted by construction markets grinding to a halt in 2020 amid the pandemic. The industry has followed suit as the construction sector has begun to return to solid ground. As the downstream construction activity has expanded significantly, demand for stone, concrete, and clay products has blossomed. Despite this recovery, downstream nonresidential and residential construction markets declined due to fears of an impending recession and high interest rates. This wane in economic activity has led industry revenue to fall at a CAGR of 3.3% to $29.0 billion, exacerbated by an anticipated fall of 9.9% in 2023 alone, as profit plummets to 0.6%.

Companies in the Stone, Concrete and Clay Wholesaling industry distribute stone, cement, lime, brick, concrete and other construction materials. These materials are sold to construction contractors or hardware stores. This industry does not include companies that distribute refractory, which are materials able to withstand high heat; instead, refractory products are included in the Industrial Supplies Wholesaling industry (IBISWorld report 42384).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."