In 2023, the construction sand and gravel active operations in Arkansas stood at an undisclosed value. In 2024, operations are projected at 34.87, with anticipated year-on-year declines noted through to 2028, reaching 30.68. The yearly decreases are estimated as follows: 3.1% from 2024 to 2025, 3.1% from 2025 to 2026, 3.2% from 2026 to 2027, and 3.2% from 2027 to 2028. Over the 5-year forecast, the compound annual growth rate (CAGR) indicates an average decrease of approximately 3.2% per year.
Future trends to watch for:
- Environmental regulations affecting material sourcing
- Technological advances in construction methods
- Market demand shifts driven by infrastructure projects
- Potential supply chain challenges
