ICPI Releases 2020 Industry Sales Profile
The Interlocking Concrete Pavement Institute released its annual Industry Sales Profile. Reporting on survey results since 1999, this year’s profile represents the most accurate and current sales information publicly available on the United States and Canadian segmental concrete pavement industry. There are over 100 manufacturing companies with more than 200 plant locations operating in the US and Canada making segmental concrete paving products part or full-time on approximately 250 high-output machines.
A total of 20 manufacturers, representing 130 paver-producing machines participated in the survey formed the basis for the 30-page Profile. Respondents provided sales data for calendar 2018 and 2019 for concrete pavers, permeable pavers, grid paving units and paving slabs. Collecting two years of data enabled seeing year-over-year trends. The report also provides sales trends since 2011 which demonstrates continued industry growth since emerging from the Great Recession. More importantly, data on sales to residential, commercial/municipal and industrial markets are provided.
Among the noteworthy trends revealed in this year’s report is shown in the chart below. US & Canada combined permeable paver sales (PICP) grew from 1.61 million square feet in 2018 to 1.71 million square feet in 2019 among the companies responding to the survey. When projected to the total number of manufactures, this product leads the segmental pavement market in growth in the U.S. Looking back at previous years’ survey results, the data suggests continued growth above industry averages compared to other paving products. This trend is likely driven by regulations on reducing stormwater runoff pollutants and volumes in commercial and residential projects.
Copies of this year’s ICPI Industry Sales Profile are provided free to this year’s survey participants and available for purchase from the ICPI website at https://icpi.org/bookstore with a substantial discount for ICPI members.