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Paving Contractors in New Mexico

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NM23899a

Paving Contractors in New Mexico industry analysis

The Paving Contractors industry in New Mexico is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments decreased an annualized -x.x% to xxx locations. Industry employment has increased an annualized x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Paving Contractors in New Mexico Market Research Report

What’s Included in the Paving Contractors in New Mexico Market Research Report

Definition of the Paving Contractors in New Mexico?

This industry comprises establishments that specialize in paving residential and commercial driveways and parking areas. Establishments in this industry typically use asphalt, concrete or brick when performing their paving services. Excluded from this industry are operators that pave streets and highways; these services are part of the Road and Highway Construction industry (IBISWorld report 23731a).

What’s included in the Paving Contractors in New Mexico?

The Paving Contractors in New Mexico includes paving, sealcoating, striping, repair and stone, brick, tile and clay. Related terms covered in the Paving Contractors in New Mexico industry report includes a device that mixes cement, sand or gravel and water to form concrete; more commonly referred to as a cement mixer, sand, gravel or crushed stone materials, which are combined with cement and water to create concrete and a substance that is applied to paving materials to repel water and prevent uv degradation.

Industry Performance of the Paving Contractors industry in New Mexico

Benchmark the Paving Contractors in New Mexico industry performance with all NM county and national performance.

Paving Contractors in New Mexico

#36 in Highest Revenue 0.7% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Paving Contractors in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Paving Contractors industry in New Mexico

See how key industry drivers, such as house price index, newly issued building permits, private investment in non-residential construction, value of private nonresidential construction, housing starts and private spending on home improvements are impacting Paving Contractors in New Mexico

New Mexico Economic Indicators

House Price Index
Newly issued building permits
Private Investment in Non-Residential Construction

View more economic information in NM State Economic profile

US Key External Drivers

Value of private nonresidential construction
Housing starts
Private spending on home improvements

For the full list of industry drivers, see report purchase options.

County Data of the Paving Contractors industry in New Mexico

Access proprietary data on county in the Paving Contractors in New Mexico, such as Bernalillo County, Dona Ana County and Santa Fe County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Paving Contractors industry in New Mexico

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Paving Contractors industry in New Mexico in 2025?

The market size of the Paving Contractors industry in New Mexico is $128.3m in 2025.

How many businesses are there in the Paving Contractors industry in New Mexico in 2025?

There are 717 businesses in the Paving Contractors industry in New Mexico, which has been declining at an average annual rate of -0.8% from 2020 to 2025.

Has the Paving Contractors industry in New Mexico grown or declined over the past 5 years?

The market size of the Paving Contractors industry in New Mexico has been declining at an average annual rate of -2.8% from 2020 to 2025.

How many employees in the Paving Contractors industry in New Mexico in 2025?

There are 1,692 employees in the Paving Contractors industry in New Mexico, which has been growing at an average annual rate of 2.0% from 2020 to 2025.