In 2023, the ready-mixed concrete market in the UK stood approximately at 1.6 billion euros. The forecast indicates a steady decline in turnover from 2024 to 2028, from 1.5 to 1.0 billion euros. This trend reflects a year-on-year decrease ranging between 8.7% and 10.7%, with a compound annual growth rate (CAGR) of approximately -9.5% over the forecast period.

Future trends to watch for:

The potential impact of economic factors such as Brexit negotiations and inflation on the construction industry.
Technological advancements in construction materials that may influence demand.
Government policies and infrastructure projects that could spur growth or further declines.