Market Forecast By Product type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC016752 | Publication Date: Nov 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 4 | |
Egypt Construction Materials market currently, in 2023, has witnessed an HHI of 1553, Which has increased slightly as compared to the HHI of 1082 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Egypt Construction Materials Market report thoroughly covers the market by product type and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Egypt Construction Materials Market has seen significant changes over the years, with new trends, challenges, and government initiatives shaping its growth. The growth is primarily driven by the government's efforts to promote the country's infrastructure development. The rapid urbanization of the country has also fueled the demand for construction materials, with increased investments in real estate and commercial projects.
According to 6Wresearch, the Egypt Construction Materials Market size is projected to surge during the forecast period 2025-2031. The growth market can be attributed to various growing aspects, including the country's growing population, the need for new and modern infrastructure, and the government's investment focus to develop the country's economy. The demand for sustainable construction methods and materials is also driving innovation in the market, with the introduction of new eco-friendly materials and technologies. Despite the growth potential in Egypt's construction materials market, there are several challenges that the industry faces, such as limited access to financing, high construction costs, inadequate regulations, and lack of skilled workers. These challenges affect the quality and availability of construction materials, leading to safety concerns and project delays.
However, some emerging trends leading to the Egypt Construction Materials Market growth are the adoption of green building practices, the use of modular construction, and the incorporation of smart technologies. Green building techniques such as the use of solar panels, energy-efficient materials, and rainwater harvesting systems are gaining popularity in the market. The use of modular construction techniques, which involve off-site manufacturing of building components, allows for faster and more efficient construction, reducing project timelines and costs. The incorporation of smart technologies such as Building Information Modeling (BIM) and sensors is also enhancing building safety and performance.
The Egyptian government has been taking several measures to promote growth in the construction materials market. One of the initiatives is to increase investments in infrastructure. Egypt is currently undergoing a significant transformation, with several megaprojects such as the New Administrative Capital, the Grand Egyptian Museum, and the Suez Canal Economic Zone. To support these projects, the government has allocated funds to improve the infrastructure of the country. This includes investments in new roads, bridges, and railways. Another initiative is to provide support to small and medium-sized enterprises (SMEs). The construction materials industry consists of both large and small companies. To support the growth of SMEs in the industry, the Egyptian government has implemented programs to encourage entrepreneurship and offered financial assistance to small businesses is estimated to contribute to the growth of the Egypt Construction Materials industry.
The construction materials market in Egypt consists of several local and international players.
Each of these companies offers a range of products and services, from heavy construction equipment to raw materials such as cement and steel. Also, increasing Egypt Construction Materials Market share by catering to their customers.
According to Dhaval, Research Manager, 6Wresearch, it is difficult to say which construction material has a high demand in the market as each of the material, including Construction aggregates, concrete bricks, cement, and construction metals are the most highly demanded products in the market.
Based on the application, the residential sector may have been the primary driver of Egypt's construction material market, the upsurge in commercial and industrial sectors are also securing growth with the rise of hospitality, tourism, and retail sectors.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Construction Materials Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Construction Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Construction Materials Market - Industry Life Cycle |
3.4 Egypt Construction Materials Market - Porter's Five Forces |
3.5 Egypt Construction Materials Market Revenues & Volume Share, By Product type 2024 & 2031F |
3.6 Egypt Construction Materials Market Revenues & Volume Share, By Application, 2024 & 2031F |
4 Egypt Construction Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Construction Materials Market Trends |
6 Egypt Construction Materials Market, By Types |
6.1 Egypt Construction Materials Market, By Product type |
6.1.1 Overview and Analysis |
6.1.2 Egypt Construction Materials Market Revenues & Volume, By Product type 2021 - 2031F |
6.1.3 Egypt Construction Materials Market Revenues & Volume, By Construction aggregates, 2021 - 2031F |
6.1.4 Egypt Construction Materials Market Revenues & Volume, By Concrete bricks, 2021 - 2031F |
6.1.5 Egypt Construction Materials Market Revenues & Volume, By Cement, 2021 - 2031F |
6.1.6 Egypt Construction Materials Market Revenues & Volume, By Construction metals, 2021 - 2031F |
6.2 Egypt Construction Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Egypt Construction Materials Market Revenues & Volume, By Residential, 2021 - 2031F |
6.2.3 Egypt Construction Materials Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 Egypt Construction Materials Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Egypt Construction Materials Market Import-Export Trade Statistics |
7.1 Egypt Construction Materials Market Export to Major Countries |
7.2 Egypt Construction Materials Market Imports from Major Countries |
8 Egypt Construction Materials Market Key Performance Indicators |
9 Egypt Construction Materials Market - Opportunity Assessment |
9.1 Egypt Construction Materials Market Opportunity Assessment, By Product type 2024 & 2031F |
9.2 Egypt Construction Materials Market Opportunity Assessment, By Application, 2024 & 2031F |
10 Egypt Construction Materials Market - Competitive Landscape |
10.1 Egypt Construction Materials Market Revenue Share, By Companies, 2024 |
10.2 Egypt Construction Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Market Forecast By Product type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC016752 | Publication Date: Oct 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Egypt Construction Materials Market is projected to grow over the coming years. Egypt Construction Materials Market report is a part of our periodical regional publication Africa Construction Materials Market outlook report. 6W tracks Construction Materials market for over 60 countries with individual country-wise market opportunity assessments and publishes with the report titled Global Construction Materials Market outlook report annually.
Egypt Construction Materials Market report thoroughly covers market by Product Type and Application. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Egypt Construction Materials Market Synopsis
Egypt Construction Materials Market is expected to project modest growth during the upcoming years owing to rising disposable income. The increasing development of infrastructure backed by strengthening of construction sector is driving the Egypt Construction Materials Market Growth. Surging population backed by establishment of multi-storey building is driving the Construction Materials Market in Egypt. Establishment of offices, buildings, shopping complexes and malls are driving the growth of Construction Materials Market in Egypt.
According to 6Wresearch, Egypt Construction Materials Market size is projected to register growth during 2020-2026. Surging population coupled with rising urbanization and expansion of residential sector triggers the potential growth of Egypt Construction Materials market. Moreover, the growing demand for environment friendly building in order to reduce the carbon footprints are also developing the construction industry which further beholds the growth of Egypt Construction Materials Market. However, the global health emergency caused by the outbreak of COVID-19 pandemic hampered the development of the market leading to disruption in supply of construction material. The nationwide lockdown disrupted the construction activities that further declined the development of the market.
Market Analysis by Application
On the basis of application, residential segment accounted the substantial growth and is expected to dominate the market during the forecast period.
Key Attractiveness of the Report
Key Highlights of the Report:
Market Scope and Segmentation
The report provides a detailed analysis of the following Market segments:
Market Forecast By Product type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC016752 | Publication Date: Oct 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Egypt Construction Materials Market is projected to grow over the coming years. Egypt Construction Materials Market report is a part of our periodical regional publication Africa Construction Materials Market outlook report. 6W tracks Construction Materials market for over 60 countries with individual country-wise market opportunity assessments and publishes with the report titled Global Construction Materials Market outlook report annually.
Egypt Construction Materials Market report thoroughly covers market by Product Type and Application. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Egypt Construction Materials Market Synopsis
Egypt Construction Materials Market is expected to project modest growth during the upcoming years owing to rising disposable income. The increasing development of infrastructure backed by strengthening of construction sector is driving the Egypt Construction Materials Market Growth. Surging population backed by establishment of multi-storey building is driving the Construction Materials Market in Egypt. Establishment of offices, buildings, shopping complexes and malls are driving the growth of Construction Materials Market in Egypt.
According to 6Wresearch, Egypt Construction Materials Market size is projected to register growth during 2020-2026. Surging population coupled with rising urbanization and expansion of residential sector triggers the potential growth of Egypt Construction Materials market. Moreover, the growing demand for environment friendly building in order to reduce the carbon footprints are also developing the construction industry which further beholds the growth of Egypt Construction Materials Market. However, the global health emergency caused by the outbreak of COVID-19 pandemic hampered the development of the market leading to disruption in supply of construction material. The nationwide lockdown disrupted the construction activities that further declined the development of the market.
Market Analysis by Application
On the basis of application, residential segment accounted the substantial growth and is expected to dominate the market during the forecast period.
Key Attractiveness of the Report
Key Highlights of the Report:
Market Scope and Segmentation
The report provides a detailed analysis of the following Market segments: