Decorative Concrete Market Analysis by Type (Stamped Concrete, Polished Concrete, Concrete Overlay, Stained Concrete, Colored Concrete, and Concrete Dye); by Application (Footpath & Driveway, Patio, Pool Deck, and Floor Wall); and by End-User Industry (Residential, and Non-Residential) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2035

Buy Now Report ID: 4831 | Published Date: Apr 17, 2023

Global Decorative Concrete Market Size, Forecast, and Trend Highlights Over 2023 – 2035

The global decorative concrete market size is estimated to reach ~USD 50.8 Billion by the end of 2035 by growing at a CAGR of ~8.90% over the forecast period, i.e., 2023 – 2035. In addition to this, in the year 2022, the market size of decorative concrete was ~USD 18.26 Billion. The growth of the market can be attributed to growing construction of architecture buildings. This could be owing to growing preference of people for architectural homes and surge in middle class population in urban region. For instance, more than 26% of India's middle class presently were residing in the 63 largest cities in India in 2022. Also, they were producing about 28% of the nation's disposable income, which increases demand for goods and services and stimulates the economy. Hence, this factor is estimated to boost the demand for decorative concrete.

The middle class has grown significantly over the past few years, and their living conditions have evolved to accommodate their changing lifestyle demands. These middle-class locations now have wholly diverse styles and essences as a result of the social progress. Owing to a lack of resources and a desire to earn a living with minimal expense, middle-class have abandoned conventional building methods. Moreover, there has been growth in number of architectures, which is also estimated to boost the growth of the market over the forecast period. For instance, as of 2022, there were approximately 1,16,077 architects in India, and this number keeps rising.

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Global Decorative Concrete Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2022)

~ USD 18.26 Billion

Forecast Year Market Size (2035)

~ USD 50.8 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)Global Decorative Concrete Market: Growth Drivers and Challenges

Global Decorative Concrete Market: Growth Drivers and Challenges


Growth Drivers

  • Surge in Spending for Construction of Walkways by Government Three routes leading to the Ram temple in Ayodhya is estimated to be finished by a certain date; the Yogi Adityanath government in India has approved about 10 Million for this purpose. Walkways could be decorated with colors, stamps, and other design elements to give them a distinctive appearance that would go well with any building, residential or commercial. Any landscaping design could benefit from the use of decorative concrete walkways to provide charm and interest. Hence, with growing construction of walkways the demand for decorative concrete is estimated to increase.

  • Growing Constructive Activities From 2002 and 2021, the value of public residential construction investments increased significantly in the US. In residential development projects in 2021, the public sector made an estimated 10 billion USD in investments.

  • Rise in Spending on Renovation In the US in 2020, a household spent more than USD 13,000 on renovations on average, and around 50% of respondents said they had renovated their homes.

  • Decorative Concrete is an Environmental Friendly - Decorated concrete is good for the environment. Concrete is a more resilient material than marble, and as concerns about the environment and climate change grow, so does demand for green beautiful concrete. When marble is formed, about 39% of the waste produced equals the manufactured volume, which is created when the rock debris is deposited nearby in fields, agricultural lands, and river beds, creating environmental risks.

  • Upsurge in Disposable Income In the United States, disposable personal income climbed to about USD 19706 billion in February 2023 from approximately USD 19616 billion in January 2023. Hence, with the growing disposable income, people are estimated to invest more on architectural house. Therefore, the market in estimated to boost over the forecast period.


  • Volatility in Prices for Raw Material - Prices for the energy and raw materials used to make ornamental concrete are erratic, and this tendency is expected to persist during the projected period. The fluctuating price of crude oil and petroleum could push up the price of raw materials, which would then push up the price of decorative concrete's coatings, color pigments, cement, adhesives, and sealants. As a result, the cost of decorative concrete is directly impacted by the cost of these components. Vendors raise the price of their goods or cut their profit margins in response to rising raw material costs, which would have a negative impact on the expansion of the market.
  • Lack of Awareness Among People Regarding Decorative Concrete
  • Difficult to Repair Decorative Concrete  

Global Decorative Concrete Market Segmentation

The global decorative concrete market is segmented and analyzed for demand and supply by end-user industry into residential, and non-residential. Out of which, the non-residential segment is anticipated to garner the highest revenue by the end of 2035. The growth of the segment can be attributed to growing spending on non-residential construction activities. Spending on nonresidential building construction was anticipated to increase by about 4% in 2022 and then further to approximately 5% in 2023 in the United States. Also, growing demand for decorative concrete in non-residential structures for flooring purposes is anticipated to enhance the segment's revenue growth. Also, it is anticipated that the segment's revenue would grow as a result of a rise in the usage of decorative concrete to provide slip resistance to surfaces in parking lots, commercial outlets, and pool decks. Moreover, growing number of tourist visit is estimated to boost the growth for hotels. Hence, the demand for decorative concrete is estimated to boost to encourage consumer presence, drive brand value, and enhance the lodging experience.

The global decorative concrete market is also segmented and analyzed for demand and supply by type into stamped concrete, polished concrete, concrete overlay, stained concrete, colored concrete, and concrete dye. Amongst which, the stamped concrete segment is expected to have a significant growth over the forecast period. Given its outstanding resistance to traffic, stamped concrete is one of the most resilient floor coverings available. This is the reason why this material is so popular for covering streets, parks, garages, and residential area entrances. Also, it could tolerate ongoing temperature variations and UV radiation as a decorative covering. It adjusts to various weather conditions, including frost. Also, stamped concrete may be installed quickly and easily. Compared to other options on the market, the execution times are shorter since it's a continuous mortar. Moreover, stamped concrete requires less maintenance than other types of material to keep it in its ideal condition. Hence, their preference is high in construction of various residential and non-residential activities.

Our in-depth analysis of the global decorative concrete market includes the following segments:


                By Type

  • Stamped Concrete
  • Polished Concrete
  • Concrete Overlay
  • Stained Concrete
  • Colored Concrete
  • Concrete Dye

                By Application

  • Footpath & Driveway
  • Patio
  • Pool Deck
  • Floor Wall

                By End-User Industry

  • Residential
  • Non-Residential



Global Decorative Concrete Market Regional Synopsis


The market share of decorative concrete in North America, amongst the market in all the other regions, is projected to have the highest growth, backed by growing presence of key players in this region, along with surge in investment by regional governments in order to construct commercial buildings. There has been rising urban population in this region which is also estimated to boost the market growth over the forecast period. The urban population in North America in 2021 increased by 0.4% from 2020 to about 306,343,264. This growth in urban population has further boosted residential construction activities, and the trend of nuclear families are the two additional important aspects that are anticipated to propel market revenue growth. Also, increasing government regulations on environmental safety and the recycling of materials with little construction waste are anticipated to fuel revenue growth in the North American decorative concrete market. Furthermore, increasing technological development in the building and construction sector is increasing demand for decorative concrete and is predicted to fuel market revenue growth in this region.

The Asia Pacific decorative concrete market is estimated to be the second largest, to have the highest growth. Asia-Pacific has seen rapid increases in residential development in countries such as India, China, the Philippines, Vietnam, and Indonesia. The central government's demand for infrastructure investment as a means of sustaining economic growth led to a rapid development of the construction industry in China. In addition, there are many airport construction projects that are either in the planned or development stages in China. Hence, throughout the projection period, this is projected to lead to an increase in demand for decorative concrete used in residential and non-residential applications. Also, the market in Asia Pacific for decorative concrete is being driven by the growing acceptance of using and incorporating green building components in newer structures. Several environmentally conscious builders are using various types of concrete to make their structures safer, cleaner, eco-friendlier, and more energy-efficient.

Additionally, the market in Europe region is also estimated to have significant growth over the forecast period. Rapid urbanization and rising population in this area are driving revenue growth. The need for hand-carved and customized decorative concrete is anticipated to grow, which would boost market revenue in Europe. The expansion of government regulations governing the use of environmentally and energy-friendly building materials is another reason that is anticipated to encourage the usage of decorative concrete in Europe. Additionally, it is anticipated that prompt repair and renovation of existing government structures would fuel market revenue growth in the area.

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Top Featured Companies Dominating the Global Decorative Concrete Market

    • RPM International Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • DuPont de Numours, Inc.
    • 3M 
    • PPG Industries, Inc.
    • BASF SE
    • Huntsman International LLC
    • The Sherwin-Williams Company
    • Boral Limited
    • CEMEX S.A.B. de C.V.
    • Sika AG



In The News

  • Sika AG has increased its production capacity in the quickly expanding Chinese construction sector by building a new mortar production facility in Jiaxing City, in the province of Zhejiang in Eastern China. Sika is responding to the area's high demand by commissioning the new facility. This phase also ensures improved logistics, a reduction in CO2 emissions, and shorter transit routes for raw materials and finished items.

  • PPG Industries, Inc. announced the introduction of PPG Flooring coatings, which was anticipated to be a comprehensive line of coating systems that comprise primers, bases, and topcoats and are customized to deliver the best performance based on the unique work environment. Customers had the choice of selecting one of four flooring coating systems: general purpose, wear resistance, chemical resistant, and urethane cement.


Global Economic Impact

Request Insights
Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Author Credits:  Smruti Ranjan, Rajrani Baghel

Key Questions Answered in the Report

1) What are the major factors driving the growth of the decorative concrete market?

Ans: The major factors driving the growth of the market are surge in spending for construction of walkways by government, growing construction activities, rise in spending on renovation, and others.

2) What would be the CAGR of decorative concrete market over the forecast period?

Ans: The market size of decorative concrete is anticipated to attain a CAGR of ~8.90% over the forecast period, i.e., 2023 – 2035.

3) What are the challenges affecting the decorative concrete market growth?

Ans: Volatility in prices for raw material, lack of awareness among people regarding decorative concrete, and difficult to repair decorative concrete are estimated to be the growth hindering factors for the market expansion.

4) Which region will provide more business opportunities for growth of decorative concrete market in future?

Ans: The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

5) Who are the major players dominating the decorative concrete market?

Ans: The major players in the market are RPM International Inc., DuPont de Numours, Inc., 3M, PPG Industries, Inc., and more.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the decorative concrete market?

Ans: The market is segmented by type, application, end-user industry and by region.

8) Which segment captures the largest market size in the end-user industry segment in the decorative concrete market?

Ans: The non-residential segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

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