Industry Analysis & Industry Trends in Canada
Source: https://www.ibisworld.ca/industry/ready-mix-concrete-manufacturing.html
Operators in this industry produce wet-batch concrete and deliver it in an unhardened and plastic state to construction sites. The industry’s performance depends on the level of activity in the various sectors that use concrete as construction material, including the residential, nonresidential, utilities, energy extraction and transport sectors. These sectors have performed differentially in Canada over the past five years, leading to tenuous demand for ready-mix concrete.
REVENUE: 5 BILLION
EMPLOYMENT: 15,537
BUSINESSES: 407
ANNUAL GROWTH: 2.5%