Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 2.2 % over the past five years, to reach an estimated $39.8bn in 2024.
Trends and Insights
Residential construciton drove demand amid the COVID-19 pandemic
- Amid the height of the COVID-19 pandemic, low interest rates drove investment into residential construction, driving up demand for stone, concrete and clay products from the residential market. The total number of new housing starts grew in both 2020 and 2022.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The commercial and residential construction markets will return to growth
- Over the coming years, interest rates cuts will continue, encouraging investment in residential construction. This reprieve from hostile borrowing conditions will drive up the value of residential construction. As activity picks up, demand for stone, concrete and clay will surge.
Biggest companies in the Stone, Concrete & Clay Wholesaling in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Lafargeholcim | 5,303.1 | 880.8 | 16.6 | |
Martin Marietta Materials, Inc. | 5,058.0 | 1,018.0 | 20.1 | |
Eagle Materials Inc. | 1,919.3 | 79.1 | 4.1 |
To view the market share and analysis for all 8 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Sand, gravel and crushed stone, Cement and lime and Brick, block, tile and clay or cement sewer pipe. Sand, gravel and crushed stone is the largest segment of the Stone, Concrete & Clay Wholesaling in the US.
Trends and Insights
Cement and lime wholesaling hits a speedbump during the pandemic
- Cement and lime are both used to produce mortar and concrete. Concrete, the composite of water, cement and aggregate, is used in creating buildings, highways and other durable structures. Lime enhances the strength, durability and workability of the concrete mixture.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Companies in the industry distribute stone, cement, lime, brick, concrete and other construction materials. These materials are sold to construction contractors or hardware stores. This industry doesn't include companies that distribute refractory, which are materials able to withstand high heat; instead, refractory products are included in the Industrial Supplies Wholesaling industry (IBISWorld report 42384).
What's included in this industry?
Sand, gravel and crushed stone wholesalingCement and limestone wholesalingBrick, block, tile and clay or cement sewer pipe wholesalingReady-mixed or transit-mixed concrete wholesaling Floor and floor coverings wholesalingGypsum or drywall boards wholesalingConstruction glass, hardware, and steel wire wholesalingCompanies
LafargeholcimMartin Marietta Materials, Inc.Eagle Materials Inc.Purchase this report to view all 8 major companies in this industry.
Related Terms
STONE PRODUCTSVERTICAL INTEGRATIONAGGREGATEFLY ASHSLAGIndustry Code
NAICS 42332 - Stone, Concrete & Clay Wholesaling in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Low interest rates encouraged investment in residential markets amid the COVID-19 pandemic. As rates have since risen, wholesalers have been less able to rely on residential ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Demand for products has remained steady despite volatility in commercial and residential markets. Increased government funding toward roadwork repair during and after the pan...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Wholesalers situate themselves in regions like New York and Florida to take advantage of dense populations and bustling housing markets. The more buildings and infrastructure...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Stone, concrete and clay wholesalers have seen a slight uptick in profitability. As purchase costs have begun to cool, wholesalers have faced looser price competition.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Holcim is the most prominent company in the industry, capturing 20.0% of the market. Holcim has the largest global footprint in the building materials industry, operating in ...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Lafargeholcim's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Martin Marietta Materials, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Eagle Materials Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 5 additional companies
Detailed analysis
- Description and key data for Lafargeholcim, and factors influencing its performance in the industry
- Description and key data for Martin Marietta Materials, Inc., and factors influencing its performance in the industry
- Description and key data for Eagle Materials Inc., and factors influencing its performance in the industry
- Description, key data and performance trends for 5 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Since 2019, the value of both nonresidential and residential construction have declined. Increased infrastructure spending and rising prices have allowed wholesalers to still...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Stone, concrete and clay wholesalers have seen a slight uptick in profitability since 2019. As purchase prices have cooled, so has price competition.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Stone, Concrete & Clay Wholesaling in the US industry in United States in 2024?
The market size of the Stone, Concrete & Clay Wholesaling in the US industry in United States is $39.8bn in 2024.
How many businesses are there in the Stone, Concrete & Clay Wholesaling in the US industry in 2024?
There are 2,488 businesses in the Stone, Concrete & Clay Wholesaling in the US industry in United States, which has grown at a CAGR of 1.2 % between 2019 and 2024.
Has the Stone, Concrete & Clay Wholesaling in the US industry in United States grown or declined over the past 5 years?
The market size of the Stone, Concrete & Clay Wholesaling in the US industry in United States has been growing at a CAGR of 2.2 % between 2019 and 2024.
What is the forecast growth of the Stone, Concrete & Clay Wholesaling in the US industry in United States over the next 5 years?
Over the next five years, the Stone, Concrete & Clay Wholesaling in the US industry in United States is expected to grow.
What are the biggest companies in the Stone, Concrete & Clay Wholesaling in the US market in United States?
The biggest companies operating in the Stone, Concrete & Clay Wholesaling market in United States are Lafargeholcim, Martin Marietta Materials, Inc. and Eagle Materials Inc.
What does the Stone, Concrete & Clay Wholesaling in the US in United States include?
Sand, gravel and crushed stone wholesaling and Cement and limestone wholesaling are part of the Stone, Concrete & Clay Wholesaling in the US industry.
Which companies have the highest market share in the Stone, Concrete & Clay Wholesaling in the US in United States?
The company holding the most market share in United States is Lafargeholcim.
How competitive is the Stone, Concrete & Clay Wholesaling in the US industry in United States?
The level of competition is moderate and steady in the Stone, Concrete & Clay Wholesaling in the US industry in United States.
Related Industries
Widen your competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Stone Mining in the US
- Cement Manufacturing in the US
- Ready-Mix Concrete Manufacturing in the US
- Industrial Supplies Wholesaling in the US
International industries
- Hardware Wholesaling in Australia
- Hardware Wholesaling in New Zealand
- Construction Supplies Wholesaling in the UK
- Construction Supplies Wholesaling in Ireland
View all industries in United States
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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