According to a new Freedonia Group analysis, the trend continues to rise for bricks and pavers.
Some say that the market for U.S. Residential Brick, Block, & Paver could reach $3.7 billion in 2025.
According to PR Newswire, U.S. residential demand for bricks, blocks, and pavers is expected to increase 1.9% annually through 2025, with most gains stemming from price increases. Unit growth will be restrained by: brick siding facing increased competition from other materials (such as fiber cement) that can mimic the brick aesthetic at a lower cost declining interest in indoor fireplaces, especially those faced in brick, in newly constructed homes the increasing preference for poured concrete for structural applications Additionally, demand was elevated in 2020, when the market was strong due to housing trends stemming from the COVID-19 pandemic. While unit sales of bricks, blocks, and pavers will remain high into 2022, they will begin to slow from their peak by 2025, dragging down average growth. Supporting gains in all markets will be the rising popularity of hardscaping and outdoor living, which benefits installation of paved patios, outdoor fireplaces, and retaining walls.