Market Overview:
The global paver market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for paving solutions for various applications, such as residential, commercial, and industrial applications. In terms of type, the mechanical pavers segment is expected to hold a major share of the global paver market during the forecast period. This can be attributed to their low installation and maintenance costs as compared to other types of pavers. In terms of application, Application I is expected to hold a major share of the global paver market during the forecast period.
Product Definition:
pavers are paving stones, typically made of concrete, that are used to create a paved surface such as a driveway, patio, or walkway.
Mechanical Pavers:
Mechanical pavers are motorized paving products that create a consistent and uniform texture on the ground. They are widely used in commercial and residential areas for creating walkways, driveways, parking spaces, paths or any other area requiring paving. The pavers can be easily moved from one place to another without causing any damage to the surface as they have rubber wheels with non-slip treads.
Hydrostatic Pavers:
Hydrostatic pavers are used to create a water-based effect in the paving surface. The Hydrostatic Paver creates a watertight seal between the paving stone and its base, preventing moisture from coming into contact with the stones and helping to extend their life.
The Hydrostatic paver is an essential tool for installing seamless blocks or natural stones on concrete surfaces without causing any damage to the surface of porous or permeable subsoil layers.
Application Insights:
Application I was the largest segment in 2017 and accounted for more than 55% of the global market share. This application is majorly used for commercial purposes, such as shopping malls, hotels, restaurants and others. The rising number of construction projects in Asia Pacific including China, India & Australia has boosted product demand in this region.
The Application II segment is expected to witness significant growth over the forecast period owing to its increasing use at industrial sites including warehouses and production units. Paver stones are available with different shapes and sizes which helps fulfill diverse requirements of industrial buildings thereby driving their demand across various applications regions globally.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 35.0% in 2017. This is attributed to the increasing construction activities and growing population, which has led to an increase in residential and commercial projects across the region. Moreover, rising awareness regarding sustainable building materials is expected to have a positive impact on industry growth over the forecast period.
Asia Pacific regional market for paving stones is anticipated to witness significant growth during the forecast period owing to rapid urbanization and infrastructure development across emerging economies such as China, India, Indonesia among others. In addition, government initiatives encouraging private investments through public-private partnerships are likely to boost construction output leading to increased demand for paving stones within Asia Pacific region over next eight years from 2018 till 2030 time frame).
Growth Factors:
- Increasing demand for paving stones from the construction industry as a result of growing population and rapid urbanization.
- Rising awareness about the benefits of using pavers such as durability, low-maintenance and aesthetic appeal among consumers is driving its demand.
- Growing use of pavers in landscaping projects to enhance the look of residential and commercial spaces is propelling its market growth.
- Technological advancements in paver manufacturing that are resulting in introduction of new designs and colors are fueling their demand among consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Paver Market Research Report
By Type
Mechanical Pavers, Hydrostatic Pavers
By Application
Application I, Application II
By Companies
Wirtgen Group, VOLVO, Atlas Copco, CAT, FAYAT, SUMITOMO, ST Engineering, HANTA, XCMG, SANY, JiangSu Huatong Kinetics, ZOOMLION, SCMC, Tsun Greatwall, Xinzhu Corporation, CCCC XI'AN ROAD, DingshengTiangong, LiuGong
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Paver Market Report Segments:
The global Paver market is segmented on the basis of:
Types
Mechanical Pavers, Hydrostatic Pavers
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
Application I, Application II
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:
- Wirtgen Group
- VOLVO
- Atlas Copco
- CAT
- FAYAT
- SUMITOMO
- ST Engineering
- HANTA
- XCMG
- SANY
- JiangSu Huatong Kinetics
- ZOOMLION
- SCMC
- Tsun Greatwall
- Xinzhu Corporation
- CCCC XI'AN ROAD
- DingshengTiangong
- LiuGong
Highlights of The Paver 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:
- Mechanical Pavers
- Hydrostatic Pavers
- By Application:
- Application I
- Application II
- 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 Paver 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Paver is a paving material that is made of crushed stone, gravel, and sand.
Some of the major companies in the paver market are Wirtgen Group, VOLVO, Atlas Copco, CAT, FAYAT, SUMITOMO, ST Engineering, HANTA, XCMG, SANY, JiangSu Huatong Kinetics, ZOOMLION, SCMC, Tsun Greatwall, Xinzhu Corporation, CCCC XI'AN ROAD, DingshengTiangong, LiuGong.
The paver market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Paver Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Paver Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Paver Market - Supply Chain
4.5. Global Paver Market Forecast
4.5.1. Paver Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Paver Market Size (000 Units) and Y-o-Y Growth
4.5.3. Paver Market Absolute $ Opportunity
5. Global Paver Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Paver Market Size and Volume Forecast by Type
5.3.1. Mechanical Pavers
5.3.2. Hydrostatic Pavers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Paver Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Paver Market Size and Volume Forecast by ApplicationIII
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Paver Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Paver Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Paver Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Paver Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Paver Demand Share Forecast, 2019-2029
9. North America Paver Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Paver Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Paver Market Size and Volume Forecast by ApplicationIII
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Paver Market Size and Volume Forecast by Type
9.7.1. Mechanical Pavers
9.7.2. Hydrostatic Pavers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Paver Demand Share Forecast, 2019-2029
10. Latin America Paver Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Paver Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Paver Market Size and Volume Forecast by ApplicationIII
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Paver Market Size and Volume Forecast by Type
10.7.1. Mechanical Pavers
10.7.2. Hydrostatic Pavers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Paver Demand Share Forecast, 2019-2029
11. Europe Paver Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Paver Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Paver Market Size and Volume Forecast by ApplicationIII
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Paver Market Size and Volume Forecast by Type
11.7.1. Mechanical Pavers
11.7.2. Hydrostatic Pavers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. urope Paver Demand Share, 2019-2029
12. Asia Pacific Paver Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Paver Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Paver Market Size and Volume Forecast by ApplicationIII
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Paver Market Size and Volume Forecast by Type
12.7.1. Mechanical Pavers
12.7.2. Hydrostatic Pavers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Paver Demand Share, 2019-2029
13. Middle East & Africa Paver Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Paver Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Paver Market Size and Volume Forecast by ApplicationIII
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Paver Market Size and Volume Forecast by Type
13.7.1. Mechanical Pavers
13.7.2. Hydrostatic Pavers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Paver Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Paver Market: Market Share Analysis
14.2. Paver Distributors and Customers
14.3. Paver Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wirtgen Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. VOLVO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Atlas Copco
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CAT
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. FAYAT
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SUMITOMO
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ST Engineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HANTA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. XCMG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SANY
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. JiangSu Huatong Kinetics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ZOOMLION
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SCMC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tsun Greatwall
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Xinzhu Corporation
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. CCCC XI'AN ROAD
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. DingshengTiangong
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. LiuGong
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook