Market Overview:
The global commercial paving slabs market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for paving slabs from the landscaping industry. In addition, the growing construction and infrastructure activities are also expected to fuel the demand for paving slabs in the coming years. On the basis of type, concrete is estimated to account for a major share of the global commercial paving slabs market in 2018. This can be attributed to its properties such as durability and resistance against weathering effects. Clay is projected to be one of fastest-growing types during forecast period owing its properties such as low water absorption and high strength-to-weight ratio. On basis of application, landscaped areas are anticipated account for a majority share of global commercial paving slabs market during forecast period. This can be ascribed factors such as rising inclination towards aesthetic appeal coupled with increase in spending on outdoor spaces by homeowners across globe .
Product Definition:
Commercial paving slabs are used to pave the surface of driveways, sidewalks, and other areas where pedestrians or vehicles may travel. The slabs provide a durable and level surface that is easy to clean and maintain.
Concrete:
Concrete is a composite material, which is made up of sand, cement and water. The ratio of these materials plays a major role in the quality of concrete. For example; if more than 75% of the mix consists of cement then it’s called as ordinary or plain concrete whereas if less than that percentage is termed as plastic or reinforced concrete. Concrete can be used for both structural and non-structural applications depending on its properties and composition.
Clay:
Clay is a natural material and it's primary use is in the construction of pottery. However, it can also be used as an aggregate for paving slabs. The most common type of clay used in paving applications is bentonite clay which has high plasticity and shrink resistance properties making it suitable for use as an adhesive binder in asphalt concrete mixes. It also helps to reduce permeability along with increasing the lifespan of pavements by resisting cracking due to thermal expansion or contraction.
Application Insights:
The others application segment accounted for the largest revenue share of over 50% in 2017. The segment includes outdoor areas such as car parking lots, driveways and walkways, paths and courts among others. Increasing construction activities in landscaped areas on account of growing residential complexes are expected to propel the demand for commercial paving slabs over the forecast period.
Commercial properties including hotels, restaurants and shopping malls require paved walkways along with access roads to transport their customers safely from one end of a building to another end without slipping or falling owing to wet or icy surfaces. In addition, these access ways need not be large as they can be used by several people at a time; this factor is likely to increase product demand in this application segment during the forecast period.
Residential properties include single-family homes and multi-family residential buildings such as apartment houses or high rise buildings that have common entry ways leading into multiple units within a building complex (courtyards).
Regional Analysis:
Asia Pacific dominated the global commercial paving slabs market in terms of revenue with a share of over 35.0% in 2017. This is attributed to increasing construction activities and investments from foreign players, especially in developing countries such as China and India. In addition, rising demand for commercial spaces such as offices, hotels, restaurants and malls is expected to drive the regional market growth over the forecast period.
The Asia Pacific region is characterized by rapidly growing economies that are home to some of the largest construction markets globally including China and India. The availability of cheap labor coupled with government initiatives aimed at promoting new constructions are likely to fuel regional growth during the forecast period. North America held a significant share owing to high adoption rates for technologically advanced products along with increased spending on landscaping activities across residential as well as non-residential properties particularly in U S A .
Growth Factors:
- Increasing demand for paving slabs from the construction sector as a result of growing population and rapid urbanization.
- Rising disposable income of consumers, which is resulting in an increase in demand for premium quality paving slabs.
- Growing awareness about the benefits of using paving slabs among consumers, which is resulting in an increase in their adoption across residential and commercial applications.
- Technological advancements that are helping manufacturers to develop innovative products with better features and aesthetics, thereby attracting more consumers towards them.
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Paving Slabs Market Research Report
By Type
Concrete, Clay, Stone
By Application
Landscaped Areas, Residential Properties, Others
By Companies
Hanover Architectural Products, Unilock, Artistic Paver Manufacturing, Pavestone, Abbotsford Concrete Products, Westile Roofing Products, Sunny Brook Pressed Concrete, Mutual Materials, Techo-Bloc, Tile Tech, Hanover Architectural Products
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Paving Slabs Market Report Segments:
The global Commercial Paving Slabs market is segmented on the basis of:
Types
Concrete, Clay, Stone
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Landscaped Areas, Residential Properties, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hanover Architectural Products
- Unilock
- Artistic Paver Manufacturing
- Pavestone
- Abbotsford Concrete Products
- Westile Roofing Products
- Sunny Brook Pressed Concrete
- Mutual Materials
- Techo-Bloc
- Tile Tech
- Hanover Architectural Products
Highlights of The Commercial Paving Slabs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Concrete
- Clay
- Stone
- By Application:
- Landscaped Areas
- Residential Properties
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Paving Slabs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial paving slabs are a type of pavement that is used in commercial and industrial areas. They are made from a variety of materials, including concrete, asphalt, and stone. Commercial paving slabs can be used to create walkways, parking lots, and other surfaces.
Some of the major companies in the commercial paving slabs market are Hanover Architectural Products, Unilock, Artistic Paver Manufacturing, Pavestone, Abbotsford Concrete Products, Westile Roofing Products, Sunny Brook Pressed Concrete, Mutual Materials, Techo-Bloc, Tile Tech, Hanover Architectural Products.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Paving Slabs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Paving Slabs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Paving Slabs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Paving Slabs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Paving Slabs Market Size & Forecast, 2020-2028
4.5.1 Commercial Paving Slabs Market Size and Y-o-Y Growth
4.5.2 Commercial Paving Slabs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Concrete
5.2.2 Clay
5.2.3 Stone
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Landscaped Areas
6.2.2 Residential Properties
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Paving Slabs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Paving Slabs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Concrete
9.6.2 Clay
9.6.3 Stone
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Landscaped Areas
9.10.2 Residential Properties
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Concrete
10.6.2 Clay
10.6.3 Stone
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Landscaped Areas
10.10.2 Residential Properties
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Concrete
11.6.2 Clay
11.6.3 Stone
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Landscaped Areas
11.10.2 Residential Properties
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Concrete
12.6.2 Clay
12.6.3 Stone
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Landscaped Areas
12.10.2 Residential Properties
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Concrete
13.6.2 Clay
13.6.3 Stone
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Landscaped Areas
13.10.2 Residential Properties
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Paving Slabs Market: Competitive Dashboard
14.2 Global Commercial Paving Slabs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hanover Architectural Products
14.3.2 Unilock
14.3.3 Artistic Paver Manufacturing
14.3.4 Pavestone
14.3.5 Abbotsford Concrete Products
14.3.6 Westile Roofing Products
14.3.7 Sunny Brook Pressed Concrete
14.3.8 Mutual Materials
14.3.9 Techo-Bloc
14.3.10 Tile Tech
14.3.11 Hanover Architectural Products
