Industry Statistics and Trends
Market size and recent performance (2015-2030)
Industry revenue has grown at a CAGR of 0.9 % over the past five years, to reach an estimated $40.8bn in 2025.
Trends and Insights
Fluctuating interest rates fuel key market volatility but alternative channels help stablize revenue
- Masonry contractors endured relatively heightened revenue volatility in recent years, stemming from uneven demand from their largest market segments: residential and commercial construction. The two segments combined generate more than 70.0% of the industry's revenue in 2025, leaving few masons unaffected by the changes.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2025-2030)
Market size is projected to grow over the next five years.
Trends and Insights
Potential interest rate declines could reignite residential construction, driving demand for advanced masonry solutions
- Over the next five years, the US's interest rate policy will continue fueling residential construction's growth—and, by extension, masonry demand. Federal Reserve rate cuts are expected to lower benchmark borrowing costs by 2026 and stabilize over the remaining years to 2030. The average 30-year mortgage will diminish in response, which will still have plenty of room to fall in the coming years. Enhanced affordability is positioned to directly expand the pool of homebuyers, promoting steady growth in residential construction values.
Biggest companies in the Masonry in the US
| Company | Market Share (%)
2025 | Revenue ($short_0)
2025 | Profit ($short_0)
2025 | Profit Margin (%)
2025 |
|---|
There are no companies that hold a large enough market share in the Masonry in the US industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Masonry contracting using brick, block or concrete, Masonry contracting using other materials and Pointing, cleaning and caulking. Masonry contracting using brick, block or concrete is the largest segment of the Masonry in the US.
Trends and Insights
Rising costs stifle growth in brick, block and concrete masonry
- The brick, block, and concrete masonry segment involves constructing and repairing structures like homes, commercial buildings, and infrastructure. These materials are crucial for foundational and architectural stability across various construction projects.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Operators in the Masonry industry provide services such as stone setting, bricklaying, brick-to-glass block laying and exterior marble, granite and slate work. Industry activities also include additions, alterations, maintenance, repairs and new construction. This industry excludes businesses that pour, build and finish concrete foundations and structural elements (see IBISWorld report 23811).
What's included in this industry?
Products and services covered in the Masonry industry in the United States include Constructing walls and other structures by laying bricks, blocks or stones, Repairing existing masonry work, Constructing foundations made of bricks, blocks or stones, Laying bricks or glass blocks, Laying marble, granite or slate on the exterior of buildings and structures, Setting Stone, Laying paving bricks, blocks or tiles, Constructing and repairing partitions, arches, sewers and chimneys, Constructing and repairing work on kilns and furnaces and Laying refractory bricks.Companies
Companies covered in the Masonry industry in the United States include .Purchase this report to view all major companies in this industry.
Related Terms
Related terms covered in the Masonry industry in the United States include tuck pointing, refractory brick, pavers, joint and cladding.Industry Code
NAICS 23814 - Masonry in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Market volatility and rising costs reshape masonry. Contractors are navigating unstable demand, labor shortages, and fierce competition by diversifying services, adopting alt...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2015-2024) and forecast (2025-2030)
- Employees, including historical (2015-2024) and forecast (2025-2030)
- Businesses, including historical (2015-2024) and forecast (2025-2030)
- Profit, including historical (2015-2025)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Rising costs and shifting consumer preferences dampen demand for traditional brick, block, and stone masonry. Alternatives like stick-built homes and prefabricated panels, co...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2025
- Product innovation level
Charts
- Products & services segmentation in 2025
- Major market segmentation in 2025
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Proximity to downstream markets draws masonry contractors to the Mid-Atlantic. The region's robust industrial production and historical and aesthetic housing preferences enco...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2025
Tables
- Number and share of establishments in each state in 2025
- Number and share of revenue each state accounts for in 2025
- Number and share of wages each state accounts for in 2025
- Number and share of employees in each state in 2025
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Masonry contractors primarily compete on their established local reputations. In periods of low demand, competition shifts toward price. This suggests that reputation is cruc...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2020-2025
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
No company has amassed more than 5.0% of the market. Demand dispersion across the United States makes it difficult for one company to accumulate a considerable market share.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2021 through 2025
- Major companies in the industry, including market share, revenue, profit and profit margin in 2025
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Masonry contractors face regulations at state, local and federal levels. They're required to adhere to standards from building code organizations. Also, private associations ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2015-2030)
- Assistance historical data and forecast (2015-2030)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Competitive pressures and labor shortages are squeezing masonry contractors’ profit. With average wages hitting record highs and more firms vying for limited skilled talent, ...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Investment vs. share of economy
Data tables
- Industry Multiples (2018-2023)
- Industry Tax Structure (2018-2023)
- Income Statement (2018-2023)
- Balance Sheet (2018-2023)
- Liquidity Ratios (2018-2023)
- Coverage Ratios (2018-2023)
- Leverage Ratios (2018-2023)
- Operating Ratios (2018-2023)
- Cash Flow & Debt Service Ratios (2015-2030)
- Revenue per Employee (2015-2030)
- Revenue per Enterprise (2015-2030)
- Employees per Establishment (2015-2030)
- Employees per Enterprise (2015-2030)
- Average Wage (2015-2030)
- Wages/Revenue (2015-2030)
- Establishments per Enterprise (2015-2030)
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Masonry industry in the United States in 2025?
The market size of the Masonry industry in the United States is $40.8bn in 2025.
How many businesses are there in the Masonry industry in the United States in 2025?
There are 22,745 businesses in the Masonry industry in the United States, which has grown at a CAGR of 0.1 % between 2020 and 2025.
How may import tariffs affect the Masonry industry in the United States?
The Masonry industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Masonry industry in the United States?
The Masonry industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Masonry industry in the United States grown or declined over the past 5 years?
The market size of the Masonry industry in the United States has been growing at a CAGR of 0.9 % between 2020 and 2025.
What is the forecast growth of the Masonry industry in the United States over the next 5 years?
Over the next five years, the Masonry industry in the United States is expected to grow.
What does the Masonry industry in the United States include?
Constructing walls and other structures by laying bricks, blocks or stones and Repairing existing masonry work are part of the Masonry industry in the United States.
How competitive is the Masonry industry in the United States?
The level of competition is high and steady in the Masonry industry in the United States.
Related Industries
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Competitors
Complementors
View all industries in United States
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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