Decorative Concrete Market Size

Decorative Concrete Market Size

Decorative Concrete Market size valued at USD 15.3 billion in 2021 and is estimated to exhibit around 5.9% CAGR from 2022 to 2028. The aesthetic properties of decorative concrete along with the ability to withstand tough traffic loads and rough environmental conditions are key growth enabling elements of the industry.

The rising spending on architecturally designed buildings is boosting the number of renovation & remodeling projects, which in turn, are fueling the consumption of decorative concretes across the globe. The decorative concrete industry is anticipated to grow faster in the next few years as a result of targeted investments in residential & commercial infrastructure development by various government entities in emerging economies. For instance, according to ICRA, rural housing developments and expanding infrastructure activities are likely to spur the overall cement production in India by 12% to 332 metrics tons in 2022.