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Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
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2024 U.S. Industry Statistics & Market Forecast - Concrete Block and Brick Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Concrete Block and Brick Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
Statistics | 2019 2020 2021 2022 2023 | |
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Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 | |
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Market Forecast ($ millions) | ||||||
Projected Industry Growth Rate (%) |
Industry Insights
The concrete block and brick manufacturing industry has been experiencing a range of trends in recent times. Firstly, the industry is witnessing a growing demand for sustainable and energy-efficient products. The shift towards eco-friendly construction materials is driven by global concerns over climate change and sustainability. To respond to this trend, manufacturers are investing in advanced technologies that support sustainable production and development of products with lower carbon footprints.Secondly, there is a growing demand for higher quality and customized products. The construction industry is looking for innovative concrete blocks and bricks that have high strength and durability. Manufacturers are adopting advanced technologies that allow for customization of products to meet customer specifications.
Thirdly, there is a trend towards automation and robotics in the concrete block and brick manufacturing industry. Manufacturers are investing in automation technologies that reduce labor costs, increase production efficiency, and minimize errors. Robotics is also being used in the production of specialized products that require precision and accuracy.
Lastly, the industry is experiencing changes in the distribution landscape. E-commerce platforms and online retailers are increasingly becoming popular channels for the sale of concrete blocks and bricks. This is shifting the traditional distribution model for the industry.
In summary, the concrete block and brick manufacturing industry is undergoing transformative changes driven by environmental concerns, technological advancements, and shifts in distribution patterns. Manufacturers that adapt quickly to these trends are likely to emerge successful in the coming years.
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) | |
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Total Revenue | Order at top of page |
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Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Concrete Block and Brick Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
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Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Concrete Block and Brick Manufacturing industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Concrete Block and Brick Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
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Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
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Management Occupations | 5% | Order at top of page |
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Chief Executives | 0% | |||
General and Operations Managers | 3% | |||
Office and Administrative Support Occupations | 8% | |||
Construction and Extraction Occupations | 8% | |||
Construction Trades Workers | 7% | |||
Installation, Maintenance, and Repair Occupations | 7% | |||
Production Occupations | 34% | |||
Other Production Occupations | 24% | |||
Miscellaneous Production Workers | 8% | |||
Molders, Shapers, and Casters, Except Metal and Plastic | 6% | |||
Transportation and Material Moving Occupations | 28% | |||
Motor Vehicle Operators | 19% | |||
Driver/Sales Workers and Truck Drivers | 19% | |||
Heavy and Tractor-Trailer Truck Drivers | 19% | |||
Material Moving Workers | 8% | |||
Laborers and Material Movers | 5% |
Concrete Block and Brick Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Concrete Block and Brick Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Concrete Block and Brick Manufacturing industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Concrete Block and Brick Manufacturing industry. |
Source:
Innovation News
- Jan 19, 2024: Block-Lite trademarks "BLOCK-LITE" - Building materials (non-metallic); nonmetallic rigid pipes for building; asphalt, pitch and bitumen; nonmetallic transportable buildings; monuments, not of metal
- Oct 20, 2023: Nicolia Concrete Products trademarks "ALFRESCO BACKYARD LIVING" - retail store services featuring pizza ovens, outdoor kitchens and outdoor kitchen appliances, pergolas, outdoor furniture, and refrigerator islands
- Aug 31, 2021: Arto Brick / California Pavers trademarks "ARTO ARTO" - Bricks; Balustrades, not of metal; Brick siding components
Recent Federal Contracts for Concrete Block and Brick Manufacturing- Mar 29, 2024: CONTECH ENGINEERED SOLUTIONS LLC (Atlanta, GA) awarded $19,492
- Mar 21, 2024: CREEK GOVERNMENT SERVICES INC. (Daleville, AL) awarded $45,672
- Jan 17, 2024: PRECISION PRECAST, LLC (Columbia, MO) awarded $67,406
- Mar 29, 2024: CONTECH ENGINEERED SOLUTIONS LLC (Atlanta, GA) awarded $19,492
- Mar 21, 2024: CREEK GOVERNMENT SERVICES INC. (Daleville, AL) awarded $45,672
- Jan 17, 2024: PRECISION PRECAST, LLC (Columbia, MO) awarded $67,406
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