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Concrete Contractors in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Concrete Contractors in Canada Market Research Report | NAICS 23811CA | Mar 2017

On grade: Stable growth across residential and commercial segments will benefit operators

IBISWorld’s Concrete Contractors market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 12-17
0.8%
Annual Growth 17-22
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Profit
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Employment
34,802
Businesses
5,187
Industry Analysis & Industry Trends

Over the past five years, the Concrete Contractors industry has trended upward due to the diverse uses for concrete. However, volatility in downstream industries has taken a toll, leading to a slow level of revenue growth. Over the five years to 2021, the Canadian construction markets are projected to progress steadily, slowly fuelling the industry... purchase to read more

Industry Report - Industry Investment Chapter

The Concrete Contracting industry has a low to moderate level of capital intensity, as concrete workers typically use heavier equipment than other specialty construction contractors. Major companies that work on large-scale projects, such as highway and bridge construction, usually have higher levels of capital investment than local contractors that primarily work in the single-family home construction market. The reason for higher capital investment costs for larger companies than smaller ones is due to the larger, more sophisticated equipment they use, which in turn helps the larger companies to win the more lucrative contracts. On average, a concrete contractor is expected to spend $0.09 in capital investment for every $1.00 spent on wages. How.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Concrete Contractors Industry?

Establishments in this industry primarily pour, build and finish concrete foundations and structural elements such as retaining walls and private driveways and walks. Industry operators also perform grout and shotcrete work. The work performed may include new work, additions, alterations, maintenance and repairs.

Industry Products
Cast-in-place work and slabsConcrete for highway and heavy industry applicationsRepairsOther services
 
Industry Activities
Concrete placement on construction projectsFinishing on concrete slabs and footings Foundations construction Concrete pumping Sidewalk constructionCurb, culvert and guttering construction or repairConcreting grout and shotcrete workConcrete patio construction


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