Canada Construction Materials Market Outlook (2020-2026) | Size, Share, Revenue, Analysis, Forecast, Trends, industry, Outlook & COVID-19 IMPACT
Market Forecast By Product Type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial), And by Competitive Landscape
| Product Code: ETC150157 | Publication Date: Nov 2022 | Updated Date: Feb 2024 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Canada Construction Materials Shipment Analysis
Canada Circuit Breaker Market registered a decline of -44.61% in value shipments in 2022 as compared to 2021 and an increase of 2.36% CAGR in 2022 over a period of 2017. In Circuit Breaker Market Canada is becoming less competitive as the HHI index in 2022 was 4171 while in 2017 it was 2176. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Canada has reportedly relied more on imports to meet its growing demand in the Circuit Breaker Market. India is unable to meet its increasing needs for this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of the Circuit Breaker Market in 2022 was 142.06 while in 2017 it was 9.4. USA, Philippines, Czechia, China and Sweden were among the top players in the market in 2022, where the USA acquired the largest market share of 62.02% with a shipment value of 106.72 million USD in 2022 USA also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Circuit Breaker Market. In 2017 USA had the largest market share of 34.06% with a shipment value of 92.54 million USD. The country was offering its product with an average price that is lower than the average market price offered in the country. As the USA price is lower than the average price, it provided a significant edge over another competitor in 2017.
Canada Construction Materials Market Shipment Analysis
Canada Construction Materials Market registered a decline of -97.25% in value shipments in 2022 as compared to 2021 and an increase of 0.69% CAGR in 2022 over a period of 2017. In Construction Materials Market Canada is becoming more competitive as the HHI index in 2022 was 3006 while in 2017 it was 9280. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Canada Export Potential Assessment For Construction Materials Market (USD Values in Thousand)
Canada Construction Materials Market
Canada Construction Materials Market is projected to grow over the coming years. Canada Construction Materials Market report is a part of our periodical regional publication North America Construction Materials Market Outlook report. 6W tracks the Construction Materials market for over 60 countries with individual country-wise market opportunity assessment and publishes the report titled Global Construction Materials Market Outlook Report annually.
Canada Construction Materials Market report thoroughly covers the market by Product Type and Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Latest Development (2023) of Canada Construction Materials Market
In the last few years, the Canada construction materials market has been booming. With the country's strong economy and population growth, there is a constant demand for new housing and commercial development. As a result, construction companies are always in need of fresh supplies of construction materials. To keep up with the demand, suppliers have to stay on top of the latest news in the market. Here are some of the latest news items in the Canada construction materials market:
Additionally, the Canadian government has recently announced plans to invest $1.3 billion into infrastructure projects across the country. This will create even more opportunities for construction companies to bid on projects and win work. Further, a new report from Statistics Canada shows that building permits issued for new housing developments hit a record high in 2017. This is yet another sign of the strong demand for new homes in Canada. Moreover, several major construction materials suppliers have announced plans to open new facilities in Canada. This will help meet the growing demand for construction materials and keep prices down.
The Canadian government is investing heavily in infrastructure development projects under its National Infrastructure Plan. This is expected to create opportunities for construction material manufacturers and suppliers in the country. The Canadian construction industry is highly fragmented with a large number of small and medium-sized enterprises (SMEs). This provides ample opportunity for new entrants to establish their businesses in this market.
Canada Construction Materials Market Synopsis
Canada Construction Materials Market is anticipated to project substantial growth during the coming years on account of rising urbanization. Increasing development in the industrial, commercial and residential sectors is driving the Canada Construction Materials Market Growth. Additionally, the growing development of infrastructure backed by rising disposable income in the country is expected to be the major driver in the development of the market. The rising standard of living is also leading to the expansion of construction activities and further adds to the Canadian construction Materials Market Share.
According to 6Wresearch, Canada Construction Materials Market size is projected to register growth during 2020-2026. Rising consumer spending along with the expansion of businesses in the country is proliferating the growth of the market. Moreover, the rising number of manufacturing buildings is also adding to the Canada Construction Materials Market Revenue. However, the global health emergency caused by the outbreak of COVID-19 hampered the growth of the market leading to disruption in the supply chain of construction materials. The nationwide lockdown led to a pause in construction activities that further declined the growth of the market.
Market Analysis By Application
On the basis of application, the residential sector accounted substantial share and is expected to lead the market during the forecast period as well.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2016 to 2019.
- Base Year: 2019.
- Forecast Data until 2026.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- Canada Construction Materials Market Outlook
- Market Size of Canada Construction Materials Market, 2019
- Forecast of Canada Construction Materials Market, 2026
- Historical Data and Forecast of Canada Construction Materials Revenues & Volume for the Period 2016 - 2026
- Canada Construction Materials Market Trend Evolution
- Canada Construction Materials Market Drivers and Challenges
- Canada Construction Materials Price Trends
- Canada Construction Materials Porter's Five Forces
- Canada Construction Materials Industry Life Cycle
- Historical Data and Forecast of Canada Construction Materials Market Revenues & Volume By Product type? for the Period 2016 - 2026
- Historical Data and Forecast of Canada Construction Materials Market Revenues & Volume By Construction aggregates for the Period 2016 - 2026
- Historical Data and Forecast of Canada Construction Materials Market Revenues & Volume By Concrete bricks for the Period 2016 - 2026
- Historical Data and Forecast of Canada Construction Materials Market Revenues & Volume By Cement for the Period 2016 - 2026
- Historical Data and Forecast of Canada Construction Materials Market Revenues & Volume By Construction metals for the Period 2016 - 2026
- Historical Data and Forecast of Canada Construction Materials Market Revenues & Volume By Application for the Period 2016 - 2026
- Historical Data and Forecast of Canada Construction Materials Market Revenues & Volume By Residential for the Period 2016 - 2026
- Historical Data and Forecast of Canada Construction Materials Market Revenues & Volume By Commercial for the Period 2016 - 2026
- Historical Data and Forecast of Canada Construction Materials Market Revenues & Volume By Industrial for the Period 2016 - 2026
- Canada Construction Materials Import Export Trade Statistics
- Market Opportunity Assessment By Product type?
- Market Opportunity Assessment By Application
- Canada Construction Materials Top Companies Market Share
- Canada Construction Materials Competitive Benchmarking By Technical and Operational Parameters
- Canada Construction Materials Company Profiles
- Canada Construction Materials Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following Market segments:
By Product Type
- Construction Aggregates
- Concrete Bricks
- Cement
- Construction Metals
By Application
- Residential
- Commercial
- Industrial
Frequently Asked Questions About the Market Study (FAQs):
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Canada Construction Materials Market Overview |
| 3.1 Canada Country Macro Economic Indicators |
| 3.2 Canada Construction Materials Market Revenues & Volume, 2019 & 2026F |
| 3.3 Canada Construction Materials Market - Industry Life Cycle |
| 3.4 Canada Construction Materials Market - Porter's Five Forces |
| 3.5 Canada Construction Materials Market Revenues & Volume Share, By Product type, 2019 & 2026F |
| 3.6 Canada Construction Materials Market Revenues & Volume Share, By Application, 2019 & 2026F |
| 4 Canada Construction Materials Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Canada Construction Materials Market Trends |
| 6 Canada Construction Materials Market, By Types |
| 6.1 Canada Construction Materials Market, By Product type |
| 6.1.1 Overview and Analysis |
| 6.1.2 Canada Construction Materials Market Revenues & Volume, By Product type, 2016-2026F |
| 6.1.3 Canada Construction Materials Market Revenues & Volume, By Construction aggregates, 2016-2026F |
| 6.1.4 Canada Construction Materials Market Revenues & Volume, By Concrete bricks, 2016-2026F |
| 6.1.5 Canada Construction Materials Market Revenues & Volume, By Cement, 2016-2026F |
| 6.1.6 Canada Construction Materials Market Revenues & Volume, By Construction metals, 2016-2026F |
| 6.2 Canada Construction Materials Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 Canada Construction Materials Market Revenues & Volume, By Residential, 2016-2026F |
| 6.2.3 Canada Construction Materials Market Revenues & Volume, By Commercial, 2016-2026F |
| 6.2.4 Canada Construction Materials Market Revenues & Volume, By Industrial, 2016-2026F |
| 7 Canada Construction Materials Market Import-Export Trade Statistics |
| 7.1 Canada Construction Materials Market Export to Major Countries |
| 7.2 Canada Construction Materials Market Imports from Major Countries |
| 8 Canada Construction Materials Market Key Performance Indicators |
| 9 Canada Construction Materials Market - Opportunity Assessment |
| 9.1 Canada Construction Materials Market Opportunity Assessment, By Product type, 2019 & 2026F |
| 9.2 Canada Construction Materials Market Opportunity Assessment, By Application, 2019 & 2026F |
| 10 Canada Construction Materials Market - Competitive Landscape |
| 10.1 Canada Construction Materials Market Revenue Share, By Companies, 2019 |
| 10.2 Canada Construction Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
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