Residential - Hollow Concrete Blocks Market Statistics
The global residential hollow concrete blocks market size was valued at US$ 96.2 billion in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 5.3% from 2022 to 2030.
Residential - Hollow concrete blocks market highlights
- The global residential segment generated a revenue of USD 96.2 billion in 2022 and is expected to reach USD 145.0 billion by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.3% by 2030.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Market summary
| Market revenue in 2022 | USD 96.2 billion |
| Market revenue in 2030 | USD 145.0 billion |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
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Hollow Concrete Blocks Market Scope
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Hollow Concrete Blocks Market Outlook
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