South Africa Construction Materials Market (2024-2030) | Companies, Forecast, Size, COVID-19 IMPACT, Growth, Analysis, Share, Trends, Value, Industry, Outlook & Revenue

Market Forecast By Product type (Construction aggregates, Concrete bricks, Cement, Construction metals), By Application (Residential, Commercial, Industrial) And Competitive Landscape

Product Code: ETC016748 Publication Date: Nov 2023 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

South Africa Construction Materials Market Competition 2023


South Africa Export Potential Assessment For Construction Materials Market (USD Values in Thousand)


Topics Covered in the South Africa Construction Materials Market

South Africa 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.

South Africa Construction Materials Market Synopsis

As one of Africa's largest economies, South Africa construction material industry has been experiencing notable growth in the past few years. This growth has been attributed to increased investments in infrastructure, residential, and commercial projects. To support this growth, the country has seen a surge in the construction materials market. Additionally, the use of smart technology in building materials is becoming more prevalent, as it can help increase energy efficiency and reduce costs.

According to 6Wresearch, the South Africa Construction Materials Market size is estimated to grow at a CAGR of 3.5% during the forecast period 2024-2030. The market has been driven by several factors, including government initiatives such as the National Infrastructure Plan (NIP). The NIP, aims to invest in infrastructure development across the country, including transportation, communication, water, and sanitation.  Another growing aspect is rising population growth, rapid urbanization, and increasing demand for affordable housing. Additionally, sustainable construction practices and energy-efficient building materials are another major driver augmenting South Africa Construction Materials Market growth.

Despite this growth potential, market faces some challenges that can hinder the market growth are a lack of international expertise and capacity, weak public finances, and policy uncertainty. Additionally, the country's regulatory environment is complicated that can hamper the investors. Local conditions such as high unemployment, crime rates, and income inequality may also affect the market growth. However, market still holds a huge scope to grow with the growing trends such as a rising shift towards green and sustainable construction, an increase in prefabricated and modular construction methods, and the increasing adoption of 3D printing.

Government Initiatives introduced in the South Africa Construction Materials Market

The South African government has been implementing and has introduced several policies & programmes to support the construction materials market, including tax incentives for green buildings and the creation of the Construction Industry Development Board (CIDB). The CIDB is responsible for regulating and maintaining standards in the construction industry, as well as promoting the development of the industry. Additionally, the government has launched the Youth Brigade Programme, which facilitates training and employment opportunities for young people in the construction industry. All these government policies & programmes are leaving a positive impact by enhancing the South Africa Construction Materials Market revenue.

Key Players in the South Africa Construction Materials Market

Several companies dominate South Africa's construction materials market, including PPC Ltd, AfriSam, and Lafarge SA. These companies have a significant presence in the industry and supply a range of building materials, including cement, aggregates, and ready-mix concrete. Other key players include Corobrik, which specializes in clay brick manufacturing, and Metso, which provides industrial machinery and equipment.

Market Analysis by Application

According to Dhaval, Research Manager, 6Wresearch, the residential sector has been growing and surging the South Africa Construction Materials Market share, followed by the rising demand for residential homes and renovations in the country.

Market Analysis by Product Type,

Based on the product types, it is difficult to say which construction material is leading in the country, as all four construction materials have been accounting for a high demand, depending on the construction types.

Key attractiveness of the report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2033.
  • Base Year: 2023.
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • South Africa Construction Materials Market Outlook
  • Market Size of South Africa Construction Materials Market, 2023
  • Forecast of South Africa Construction Materials Market, 2030
  • Historical Data and Forecast of South Africa Construction Materials Revenues & Volume for the Period 2020 - 2030
  • South Africa Construction Materials Market Trend Evolution
  • South Africa Construction Materials Market Drivers and Challenges
  • South Africa Construction Materials Price Trends
  • South Africa Construction Materials Porter's Five Forces
  • South Africa Construction Materials Industry Life Cycle
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Product type? for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Construction aggregates for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Concrete bricks for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Cement for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Construction metals for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Residential for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Commercial for the Period 2020 - 2030
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Industrial for the Period 2020 - 2030
  • South Africa Construction Materials Import Export Trade Statistics
  • Market Opportunity Assessment By Product type
  • Market Opportunity Assessment By Application
  • South Africa Construction Materials Top Companies Market Share
  • South Africa Construction Materials Competitive Benchmarking By Technical and Operational Parameters
  • South Africa Construction Materials Company Profiles
  • South Africa Construction Materials Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Type

  • Construction Aggregates
  • Concrete Bricks
  • Cement
  • Construction Metals

By Application

  • Residential
  • Commercial
  • Industrial
South Africa Construction Materials Market (2024-2030): FAQs
The ongoing construction of infrastructural and residential projects, government initiatives, growing population, and increased tourism have all contributed to the growth of the South Africa construction materials market.
A lack of international expertise and capacity, weak public finances, and policy uncertainty. These are the major challenges being faced by the South Africa construction materials market.
the residential sector is gaining traction in the South Africa construction materials market with the growing population rate and demand for affordable housing.
PPC Ltd, AfriSam, and Lafarge SA. These are the leading players of the South Africa construction materials market.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 South Africa Construction Materials Market Overview
3.1 South Africa Country Macro Economic Indicators
3.2 South Africa Construction Materials Market Revenues & Volume, 2020 & 2030F
3.3 South Africa Construction Materials Market - Industry Life Cycle
3.4 South Africa Construction Materials Market - Porter's Five Forces
3.5 South Africa Construction Materials Market Revenues & Volume Share, By Product type 2023 & 2030F
3.6 South Africa Construction Materials Market Revenues & Volume Share, By Application, 2023 & 2030F
4 South Africa Construction Materials Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 South Africa Construction Materials Market Trends
6 South Africa Construction Materials Market, By Types
6.1 South Africa Construction Materials Market, By Product type 
6.1.1 Overview and Analysis
6.1.2 South Africa Construction Materials Market Revenues & Volume, By Product type 2020 - 2030F
6.1.3 South Africa Construction Materials Market Revenues & Volume, By Construction aggregates, 2020 - 2030F
6.1.4 South Africa Construction Materials Market Revenues & Volume, By Concrete bricks, 2020 - 2030F
6.1.5 South Africa Construction Materials Market Revenues & Volume, By Cement, 2020 - 2030F
6.1.6 South Africa Construction Materials Market Revenues & Volume, By Construction metals, 2020 - 2030F
6.2 South Africa Construction Materials Market, By Application
6.2.1 Overview and Analysis
6.2.2 South Africa Construction Materials Market Revenues & Volume, By Residential, 2020 - 2030F
6.2.3 South Africa Construction Materials Market Revenues & Volume, By Commercial, 2020 - 2030F
6.2.4 South Africa Construction Materials Market Revenues & Volume, By Industrial, 2020 - 2030F
7 South Africa Construction Materials Market Import-Export Trade Statistics
7.1 South Africa Construction Materials Market Export to Major Countries
7.2 South Africa Construction Materials Market Imports from Major Countries
8 South Africa Construction Materials Market Key Performance Indicators
9 South Africa Construction Materials Market - Opportunity Assessment
9.1 South Africa Construction Materials Market Opportunity Assessment, By Product type 2023 & 2030F
9.2 South Africa Construction Materials Market Opportunity Assessment, By Application, 2023 & 2030F
10 South Africa Construction Materials Market - Competitive Landscape
10.1 South Africa Construction Materials Market Revenue Share, By Companies, 2023
10.2 South Africa 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: ETC016748 Publication Date: Oct 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

South Africa Construction Materials Market is projected to grow over the coming years. South Africa 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.

South Africa 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.

South Africa Construction Materials Market Synopsis

South Africa Construction Materials Market is anticipated to project moderate growth owing to rising disposable income. The rising standard of living backed by increasing infrastructure development is driving the South Africa Construction Materials Market. Additionally, growing expansion in residential areas backed by establishment of offices and building are proliferating the growth of the market. Rising penetration towards infrastructure development is also adding to the South Africa Construction Materials Market Share.

According to 6Wresearch, South Africa Construction Materials Market size is projected to register growth during 2020-2026. Ease in the availability of raw material and labour is propelling the construction activities further driving the South Africa Construction Market Revenue. However, the outburst of global pandemic hampered the growth of the market leading to disruption in supply chain. The health emergency caused by COVID-19 has put a pause on construction activities which further declined the growth of Construction Materials Market in South Africa.

Market Analysis by Application

On the basis of application, the residential segment accounted substantial growth and is expected to lead the market during the upcoming years on account of surging construction activities.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2016 to 2019.
  • Base Year: 2019.
  • Forecast Data until 2026.
  • Key Performance Indicators Impacting the Market.   
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • South Africa Construction Materials Market Outlook
  • Market Size of South Africa Construction Materials Market, 2019
  • Forecast of South Africa Construction Materials Market, 2026
  • Historical Data and Forecast of South Africa Construction Materials Revenues & Volume for the Period 2016 - 2026
  • South Africa Construction Materials Market Trend Evolution
  • South Africa Construction Materials Market Drivers and Challenges
  • South Africa Construction Materials Price Trends
  • South Africa Construction Materials Porter's Five Forces
  • South Africa Construction Materials Industry Life Cycle
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Product type? for the Period 2016 - 2026
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Construction aggregates for the Period 2016 - 2026
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Concrete bricks for the Period 2016 - 2026
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Cement for the Period 2016 - 2026
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Construction metals for the Period 2016 - 2026
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Application for the Period 2016 - 2026
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Residential for the Period 2016 - 2026
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Commercial for the Period 2016 - 2026
  • Historical Data and Forecast of South Africa Construction Materials Market Revenues & Volume By Industrial for the Period 2016 - 2026
  • South Africa Construction Materials Import Export Trade Statistics
  • Market Opportunity Assessment By Product type?
  • Market Opportunity Assessment By Application
  • South Africa Construction Materials Top Companies Market Share
  • South Africa Construction Materials Competitive Benchmarking By Technical and Operational Parameters
  • South Africa Construction Materials Company Profiles
  • South Africa Construction Materials Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following Market segments:

  • By Product Type
    • Construction Aggregates
    • Concrete Bricks
    • Cement
    • Construction Metals

  • By Application
    • Residential
    • Commercial
    • Industrial

 

 

Pricing
  • Single User License
    $ 4,560
  • Department License
    $ 5,055
  • Site License
    $ 5,595
  • Global License
    $ 6,000
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All