Decorative Concrete Market Size

Decorative concrete market size was valued at USD 18.69 billion in 2024 and is likely to reach USD 37.95 billion by the end of 2037, registering around 5.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of decorative concrete is assessed at USD 19.53 billion.

The market's expansion can be attributable to the increase in architectural building construction. This could be a result of people's increasing taste for architecturally designed homes and an increase in the middle class's population in urban areas. 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.

There is prompting adaptations in the living arrangements of middle-class society to match evolving lifestyle preferences. These middle-class areas now feature diverse styles and atmospheres due to social progress. To economize and make a living more affordable, middle-class individuals have shifted away from traditional construction methods. Additionally, the increasing number of architectural innovations is expected to contribute to market growth in the foreseeable future. For instance, as of 2022, there were approximately 1,16,077 architects in India, and this number keeps rising.