Ready-Mixed Concrete Manufacturing in Germany - Market Research Report (2014-2029)
Frankfurt, Germany
Last Updated: July 2024
WZ C23.63DERevenue
€4.2bn
Past 5-Year Growth
Profit
€XXX.Xm
Employees
11,076
Businesses
187
Wages
€XXX.Xm
Ready-Mixed Concrete Manufacturing in Germany industry analysis
Until 2022, the industry benefited from a largely positive trend in the economy as a whole, but in particular from low interest rates and the resulting dynamic growth in orders and sales in the construction industry. The industry's total turnover has therefore increased at an average rate of 0.9% per year since 2018. However, with the end of the construction boom, the construction industry slumped last year. A lack of materials and supply bottlenecks delayed many construction projects. In addition, higher construction prices and interest rates led to a fall in demand for construction. As a result, construction investment collapsed in all construction segments and the ready-mixed concrete industry was faced with a general decline in demand. At the same time, procurement costs for raw materials, in particular diesel fuel, binding agents and electricity, have risen rapidly, which is putting pressure on the earnings situation of many industry players. While the shortage of materials in particular slowed down construction activity in 2022, the lack of orders and rising cancellation figures are dampening the construction industry in the current year. High material prices and a sharp rise in interest rates are leading to falling construction investment. Home builders, investors and developers are postponing their construction projects, which is reflected in a decline in building permits and incoming orders. New residential construction, which is sensitive to interest rates, is likely to be hit particularly hard by the downward trend. The weakening construction sector is also likely to lead to a noticeable decline in demand in the ready-mixed concrete industry. Against this backdrop, IBISWorld expects turnover to fall by 0.6% in 2023 compared to the previous year, meaning that industry turnover is likely to amount to 4.2 billion euros.In the medium term, the industry must be prepared for a deterioration in the order outlook in the construction industry. A slight decline in growth rates in residential construction is expected in the coming years. At the same time, the industry is facing major challenges that will tie up considerable financial resources in the coming years. These range from the planned decarbonisation of construction with concrete to the conservation and efficient use of raw materials and the far-reaching digitalisation of processes in the value chains. Sales are expected to increase by an average of 2.5% per year between 2023 and 2028. In 2028, the industry is therefore expected to generate a total turnover of 4.8 billion euros.
Trends and Insights
- Since the previous year, rising construction, financing and living costs have dampened demand for construction services. In particular, the significant underutilisation of capacity in residential construction is likely to lead to a decline in demand for industry products.
- Soft concrete accounts for the largest share of industry sales. However, the share of sales of this all-round product has declined in recent years in favour of very soft, flowable and self-compacting concrete.
- A particularly large number of companies in the sector have settled in Bavaria. This is partly due to the combination of considerable regional economic strength and relatively sparse population. As a result, a relatively large number of concrete plants are needed to supply the regional construction industry.
- The ready-mix concrete market is fragmented into many local markets. This is due to the lack of shelf life of industry products and the limited reach of companies due to the curing time of fresh concrete.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 0.9 % over the past five years, to reach an estimated €4.2bn in 2024.
Trends and Insights
The end of the construction boom clouds the business expectations of ready-mix concrete manufacturers
- The past five years have been positive overall in the ready-mixed concrete industry. The favourable situation on the German labour market and the associated increase in disposable income, together with low interest rates for construction, led to a sustained construction boom, particularly in an urban context, which triggered sales growth. Demand for flats remained high, particularly in urban centres, and the construction volume in residential construction, the most important construction sector for the industry, rose sharply.
- 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 companies in the sector are pushing for resource-conserving and sustainable production
- Sustainable action is essential in order to increase long-term competitiveness and maintain the future viability of the industry.
Biggest companies in the Ready-Mixed Concrete Manufacturing in Germany
| Company | Market Share (%)
2023 | Revenue (€m)
2023 |
|---|---|---|
Heidelberg Materials AG | 530.0 | |
Dyckerhoff GmbH | 253.0 | |
Holcim (Deutschland) GmbH | 186.7 |
To view the market share and analysis for all 5 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 Soft concrete, Very soft concrete, flowable concrete and SV concrete and Rigid and plastic concrete. Soft concrete is the largest segment of the Ready-Mixed Concrete Manufacturing in Germany.
Trends and Insights
Soft concrete is used most frequently due to its versatile properties
- Concrete of consistency class F3, so-called soft concrete, is of medium fluidity. The fine mortar in this concrete is liquid and the concrete flows slightly when poured. This means that major compaction work is not necessary during processing.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Brick & Tile Manufacturing in Germany
International industries
- Ready-Mix Concrete Manufacturing in the US
- Ready-Mix Concrete Manufacturing in Canada
- Ready-Mixed Concrete Manufacturing in Australia
- Ready-Mixed Concrete Manufacturing in the UK
- Ready-Mixed Concrete Manufacturing in Ireland
Table of Contents
About this industry
Industry definition
The companies in the industry produce fresh ready-mixed concrete and mortar in concrete plants from cement, water, aggregate and other additives, which they deliver to their customers on construction sites directly after production using suitable vehicles such as truck mixers and dump trucks before the concrete hardens. The production of refractory concrete and other refractory ceramic materials, on the other hand, is not part of the industry's activities.
What's included in this industry?
Soft concreteVery soft concrete, flowable concrete and SV concreteRigid and plastic concreteCompanies
Heidelberg Materials AGDyckerhoff GmbHHolcim (Deutschland) GmbHPurchase this report to view all 5 major companies in this industry.
Related Terms
FRESH CONCRETELOCAL CONCRETEAGGREGATECARBON CONCRETEIndustry Code
WZ 23.63 - Ready-Mixed Concrete Manufacturing in Germany
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
Since the previous year, rising construction, financing and living costs have dampened demand for construction services. In particular, the significant underutilisation of ca...
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
Soft concrete accounts for the largest share of industry sales. However, the share of sales of this all-round product has declined in recent years in favour of very soft, flo...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
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
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
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
A particularly large number of companies in the sector have settled in Bavaria. This is partly due to the combination of considerable regional economic strength and relativel...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Europe, 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
The ready-mix concrete market is fragmented into many local markets. This is due to the lack of shelf life of industry products and the limited reach of companies due to the ...
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
Heidelberg Materials AG was recently able to increase its sales revenues despite weak demand in private residential construction. The decline in demand was partially offset b...
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 Heidelberg Materials AG's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Dyckerhoff GmbH's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Holcim (Deutschland) GmbH's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for Heidelberg Materials AG, and factors influencing its performance in the industry
- Description and key data for Dyckerhoff GmbH, and factors influencing its performance in the industry
- Description and key data for Holcim (Deutschland) GmbH, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The German government and the Alliance for Affordable Housing have agreed on concrete measures for a construction offensive. These measures will stimulate residential constru...
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
Only low profit margins can be achieved in the ready-mix concrete business due to the homogeneity of the products. The end of the construction boom and high energy prices are...
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
- 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)
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 Germany include:
- German Federal Statistics Office (Destatis)
- European Statistics Office (Eurostat)
- United Nations Comtrade
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.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Ready-Mixed Concrete Manufacturing industry in Germany in 2024?
The market size of the Ready-Mixed Concrete Manufacturing industry in Germany is €4.2bn in 2024.
How many businesses are there in the Ready-Mixed Concrete Manufacturing in Germany industry in 2024?
There are 187 businesses in the Ready-Mixed Concrete Manufacturing industry in Germany, which has declined at a CAGR of 1.1 % between 2019 and 2024.
Has the Ready-Mixed Concrete Manufacturing industry in Germany grown or declined over the past 5 years?
The market size of the Ready-Mixed Concrete Manufacturing industry in Germany has been growing at a CAGR of 0.9 % between 2019 and 2024.
What is the forecast growth of the Ready-Mixed Concrete Manufacturing industry in Germany over the next 5 years?
Over the next five years, the Ready-Mixed Concrete Manufacturing industry in Germany is expected to grow.
What are the biggest companies in the Ready-Mixed Concrete Manufacturing market in Germany?
The biggest companies operating in the Ready-Mixed Concrete Manufacturing market in Germany are Heidelberg Materials AG, Dyckerhoff GmbH and Holcim (Deutschland) GmbH
What does the Ready-Mixed Concrete Manufacturing in Germany include?
Soft concrete and Very soft concrete, flowable concrete and SV concrete are part of the Ready-Mixed Concrete Manufacturing industry.
Which companies have the highest market share in the Ready-Mixed Concrete Manufacturing in Germany?
The company holding the most market share in Germany is Heidelberg Materials AG.
How competitive is the Ready-Mixed Concrete Manufacturing industry in Germany?
The level of competition is moderate and steady in the Ready-Mixed Concrete Manufacturing industry in Germany.
