Saudi Arabia Ready-Mix Concrete Market Research Report Forecast to 2030

The Saudi Arabia Ready Mix Concrete market has witnessed significant growth and transformation in recent years, driven by rapid urbanization, infrastructure development, and a burgeoning construction sector. Saudi Arabia's Ready Mix Concrete market is a vital component of the construction industry, supporting various residential, commercial, and industrial projects. The market has experienced steady growth due to increased government investments, private sector initiatives, and a growing population demanding modern infrastructure and housing solutions. Rapid urbanization is driving demand for residential and commercial construction, further boosting the need for Ready Mix Concrete as a convenient and time-efficient building material. The integration of smart technologies in construction and infrastructure projects presents opportunities for innovative Ready Mix Concrete solutions.

The Saudi Arabia Ready Mix Concrete Market refers to the sector within the construction industry in Saudi Arabia that involves the production, distribution, and supply of concrete in a ready-to-use form. Ready mix concrete is a mixture of cement, water, aggregates (such as sand, gravel, or crushed stone), and various additives or admixtures, which are precisely proportioned and mixed at a centralized batching plant. It is then transported to construction sites in specialized vehicles, typically concrete mixer trucks, and is ready for immediate use upon arrival.

Market Segmentation

Based on Product Type, the Saudi Arabia ready mix concrete market has been segmented into transit mixed concrete, shrink mixed concrete, and central mixed concrete. The transit mixed concrete segment for the Saudi Arabia ready mix concrete market is expected to drive the market by holding a substantial market share with a market value of USD 7.3 million for the year 2022. It is projected to register the highest 7.7% CAGR among the Product Type segment during the projected period.

Based on Production, the Saudi Arabia ready mix concrete market has been segmented into on-site and off-site. In 2022, on-site segments led the market with substantial market shares. The target segment is projected to offer a total incremental opportunity of USD 4.6 Million during the forecast period.

Based on Application, the Saudi Arabia ready mix concrete market has been segmented into residential, commercial, industrial, and infrastructure. The residential segment is anticipated to drive the Saudi Arabia ready mix concrete market throughout the forecast period. The target segment is anticipated to offer a total incremental opportunity of USD 4.1 million by the end of 2030.

Major Players

Saudi ReadyMix, Saudi Building Materials Company, Qanbar Readymix, Green Concrete Company CJSC, QMIX, and K.Mix these are the players operating in the market.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 SAUDI ARABIA READY MIX CONCRETE MARKET, BY PRODUCT TYPE
- 1.1.2 SAUDI ARABIA READY MIX CONCRETE MARKET, BY PRODUCTION
- 1.1.3 SAUDI ARABIA READY MIX CONCRETE MARKET, BY APPLICATION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP-DOWN AND BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING INFRASTRUCTURE DEVELOPMENT IN SAUDI ARABIA
- 4.2.2 RISING DEVELOPMENT OF GREEN BUILDINGS
- 4.2.3 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINT
- 4.3.1 HIGH CAPITAL REQUIREMENT FOR SETTING UP READY-MIX CONCRETE PLANTS
- 4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITY
- 4.4.1 RISING GOVERNMENT INITIATIVES IN THE CONSTRUCTION SECTOR
4.5 COVID-19 IMPACT ANALYSIS
- 4.5.1 ECONOMIC IMPACT
  - 4.5.1.1 IMPACT ON COSNTRUCTION INDUSTRY
- 4.5.2 IMPACT ON PRODUCTION
- 4.5.3 IMPACT ON SAUDI ARABIA READY-MIX CONCRETE MARKET
  - 4.5.3.1 IMPACT ON SUPPLY CHAIN
  - 4.5.3.2 IMPACT ON RAW MATERIALS
  - 4.5.3.3 CASH FLOW CONSTRAINTS
- 4.5.4 IMPACT ON WORLD TRADE

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 R&D
- 5.1.2 RAW MATERIAL SUPPLY
- 5.1.3 MANUFACTURERS
- 5.1.4 DISTRIBUTION & SALES CHANNELS
- 5.1.5 END USE
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 BARGAINING POWER OF BUYERS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 RIVALRY
5.3 REGULATORY FRAMEWORKS

6 SAUDI ARABIA READY MIX CONCRETE MARKET, BY PRODUCT TYPE

6.1 OVERVIEW
6.2 TRANSIT MIXED CONCRETE
6.3 SHRINK MIXED CONCRETE
6.4 CENTRAL MIXED CONCRETE

7 SAUDI ARABIA READY MIX CONCRETE MARKET, BY PRODUCTION

7.1 OVERVIEW
7.2 ON-SITE
7.3 OFF-SITE

8 SAUDI ARABIA READY MIX CONCRETE MARKET, BY APPLICATION

8.1 OVERVIEW
8.2 RESIDENTIAL
8.3 COMMERCIAL
8.4 INDUSTRIAL
8.5 INFRASTRUCTURE

9 SAUDI ARABIA READY MIX CONCRETE MARKET

9.1 OVERVIEW

10 COMPETITIVE LANDSCAPE

10.1 INTRODUCTION
10.2 COMPETITIVE BENCHMARKING
10.3 MARKET SHARE ANALYSIS
10.4 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 10.4.1 PRODUCT LAUNCH
- 10.4.2 ANNOUNCEMENT
- 10.4.3 AWARD
- 10.4.4 EXPANSION
- 10.4.5 AGREEMENT
- 10.4.6 PARTNERSHIP

11 COMPANY PROFILES

11.1 SAUDI READYMIX
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 PRODUCTS OFFERED
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
11.2 SHARQMIX - AL SHARQ READY-MIX CONCRETE
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 PRODUCTS OFFERED
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
11.3 BINA HOLDING
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERED
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 KEY STRATEGIES
11.4 SAUDI BUILDING MATERIALS COMPANY
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERED
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 SWOT ANALYSIS
- 11.4.6 KEY STRATEGIES
11.5 QANBAR READYMIX
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS OFFERED
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 KEY STRATEGIES
11.6 GREEN CONCRETE COMPANY CJSC
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS OFFERED
- 11.6.4 KEY DEVELOPMENTS
- 11.6.5 SWOT ANALYSIS
- 11.6.6 KEY STRATEGIES
11.7 QMIX
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCTS OFFERED
- 11.7.4 KEY DEVELOPMENTS
- 11.7.5 SWOT ANALYSIS
- 11.7.6 KEY STRATEGIES
11.8 K.MIX
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCTS OFFERED
- 11.8.4 KEY DEVELOPMENTS
- 11.8.5 SWOT ANALYSIS
- 11.8.6 KEY STRATEGIES
11.9 KHONAINI INTERNATIONAL COMPANY
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCTS OFFERED
- 11.9.4 KEY DEVELOPMENTS
- 11.9.5 SWOT ANALYSIS
- 11.9.6 KEY STRATEGIES
11.10 AL FALWA CO. LTD.
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCTS OFFERED
- 11.10.4 KEY DEVELOPMENTS
- 11.10.5 SWOT ANALYSIS
- 11.10.6 KEY STRATEGIES

LIST OF TABLES

TABLE 1 LIST OF ASSUMPTIONS 22
TABLE 2 SAUDI ARABIA READY MIX CONCRETE MARKET, BY PRODUCT TYPE 2018-2030 (USD MILLION) 35
TABLE 3 SAUDI ARABIA READY MIX CONCRETE MARKET, BY PRODUCTION 2018-2030 (USD MILLION) 38
TABLE 4 SAUDI ARABIA READY MIX CONCRETE MARKET, BY APPLICATION 2018-2030 (USD MILLION) 41
TABLE 5 SAUDI ARABIA READY MIX CONCRETE MARKET, BY PRODUCT TYPE 2018-2030 (USD MILLION) 42
TABLE 6 SAUDI ARABIA READY MIX CONCRETE MARKET, BY PRODUCTION 2018-2030 (USD MILLION) 42
TABLE 7 SAUDI ARABIA READY MIX CONCRETE MARKET, BY APPLICATION 2018-2030 (USD MILLION) 43
TABLE 8 PRODUCT LAUNCH 46
TABLE 9 ANNOUNCEMENT 46
TABLE 10 AWARD 47
TABLE 11 EXPANSION 47
TABLE 12 AGREEMENT 47
TABLE 13 PARTNERSHIP 48
TABLE 14 SAUDI READYMIX: PRODUCTS OFFERED 49
TABLE 15 SAUDI READYMIX: KEY DEVELOPMENTS 50
TABLE 16 SHARQMIX - AL SHARQ READY-MIX CONCRETE: PRODUCTS OFFERED 52
TABLE 17 BINA HOLDING: PRODUCTS OFFERED 54
TABLE 18 SAUDI BUILDING MATERIALS COMPANY: PRODUCTS OFFERED 56
TABLE 19 SAUDI BUILDING MATERIALS COMPANY: KEY DEVELOPMENTS 56
TABLE 20 QANBAR READYMIX: PRODUCTS OFFERED 58
TABLE 21 QANBAR READYMIX: KEY DEVELOPMENTS 59
TABLE 22 GREEN CONCRETE COMPANY CJSC: PRODUCTS OFFERED 62
TABLE 23 GREEN CONCRETE COMPANY CJSC: KEY DEVELOPMENTS 63
TABLE 24 QMIX: PRODUCTS OFFERED 65
TABLE 25 QMIX: KEY DEVELOPMENTS 65
TABLE 26 K.MIX: PRODUCTS OFFERED 67
TABLE 27 KHONAINI INTERNATIONAL COMPANY: PRODUCTS OFFERED 69
TABLE 28 KHONAINI INTERNATIONAL COMPANY: KEY DEVELOPMENTS 69
TABLE 29 AL FALWA CO. LTD.: PRODUCTS OFFERED 71
TABLE 30 AL FALWA CO. LTD.: KEY DEVELOPMENTS 72

LIST OF FIGURES

FIGURE 1 MARKET SYNOPSIS 12
FIGURE 2 SAUDI ARABIA READY MIX CONCRETE MARKET ANALYSIS, BY PRODUCT TYPE 13
FIGURE 3 SAUDI ARABIA READY MIX CONCRETE MARKET ANALYSIS, BY PRODUCTION 14
FIGURE 4 SAUDI ARABIA READY MIX CONCRETE MARKET ANALYSIS, BY APPLICATION 15
FIGURE 5 SAUDI ARABIA READY MIX CONCRETE MARKET: MARKET STRUCTURE 16
FIGURE 6 RESEARCH PROCESS OF MRFR 17
FIGURE 7 MARKET DYNAMICS: SAUDI ARABIA READY-MIX CONCRETE MARKET 23
FIGURE 8 DRIVERS: IMPACT ANALYSIS: SAUDI ARABIA READY-MIX CONCRETE MARKET 25
FIGURE 9 RESTRAINT IMPACT ANALYSIS: SAUDI ARABIA READY-MIX CONCRETE MARKET 26
FIGURE 10 SUPPLY CHAIN ANALYSIS: SAUDI READY MIX CONCRETE MARKET 29
FIGURE 11 PORTER'S FIVE FORCES ANALYSIS: SAUDI READY MIX CONCRETE MARKET 31
FIGURE 12 SAUDI ARABIA READY MIX CONCRETE MARKET, BY PRODUCT TYPE, 2022 (% SHARE) 34
FIGURE 13 SAUDI ARABIA READY MIX CONCRETE MARKET, BY PRODUCT TYPE, 2018-2030 (USD MILLION) 34
FIGURE 14 SAUDI ARABIA READY MIX CONCRETE MARKET, BY PRODUCTION, 2022 (% SHARE) 37
FIGURE 15 SAUDI ARABIA READY MIX CONCRETE MARKET, BY PRODUCTION, 2018-2030 (USD MILLION) 37
FIGURE 16 SAUDI ARABIA READY MIX CONCRETE MARKET, BY APPLICATION, 2022 (% SHARE) 39
FIGURE 17 SAUDI ARABIA READY MIX CONCRETE MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 39
FIGURE 18 SAUDI ARABIA READY MIX CONCRETE MARKET SHARE ANALYSIS, 2022 % 46
FIGURE 19 SAUDI READYMIX: SWOT ANALYSIS 50
FIGURE 20 SHARQMIX - AL SHARQ READY-MIX CONCRETE: SWOT ANALYSIS 53
FIGURE 21 BINA HOLDING: SWOT ANALYSIS 55
FIGURE 22 SAUDI BUILDING MATERIALS COMPANY: SWOT ANALYSIS 57
FIGURE 23 QANBAR READYMIX: SWOT ANALYSIS 60
FIGURE 24 GREEN CONCRETE COMPANY CJSC: SWOT ANALYSIS 64
FIGURE 25 QMIX: SWOT ANALYSIS 66
FIGURE 26 K.MIX: SWOT ANALYSIS 68
FIGURE 27 KHONAINI INTERNATIONAL COMPANY: SWOT ANALYSIS 70
FIGURE 28 AL FALWA CO. LTD.: SWOT ANALYSIS 72