The UK clay bricks, tiles, and construction products sector has shown significant fluctuations over the past decade. As of 2023, the production value stood at 1390 million Euros, marking a growth trend. The market has seen peaks in 2015 with 1260 million Euros, a dip in 2020 to 1070 million Euros, and consistent recovery thereafter. Year-on-year growth in 2022 was 2.57%, while 2023 noted a slight improvement at 2.46%. The five-year Compound Annual Growth Rate (CAGR) up to 2023 was positive at 2.45%.
Looking ahead:
- By 2028, the sector is anticipated to reach 1570 million Euros, with a forecast five-year CAGR of 1.85%.
- Future trends include adoption of sustainable materials, impact of regulatory changes, and influence of housing market demands.
