Decorative Concrete Market Grows With Changing Consumer Pref

Decorative Concrete Market Grows With Changing Consumer Preferences & New Opportunities


Decorative Concrete Market Grows With Changing Consumer Preferences & New Opportunities
Concrete is the most commonly used material for construction across the world.
BriefingWire.com, 5/05/2021 -
Global Decorative Concrete Market was valued US$ 9.20 Bn in 2017 and is expected to reach US$ 14.50 Bn by 2026, at a CAGR of 6.12 % during a forecast period.
Concrete is the most commonly used material for construction across the world. Decorative concrete is a regular concrete with additional touch of exclusive coloring, patterns, or finishes.
Growing residential and commercial infrastructure projects, per capita income of the consumers are the factors, which are increasing demand from construction engineering is a supplementary advantage to the growth for decorative concrete. Additionally, rising private non-residential expenditure such as hotels are also expected to contribute significant growth in the market. An upsurge in renovation & remodelling and restructuring activities is expected to influence positively on the growth of the market. Furthermore, the high initial cost is hampering the growth of the market.

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