IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
Precast Concrete Manufacturing in Canada Industry Data and Analysis
The industry has demonstrated resilience amid challenging market conditions, establishing itself as a vital component of the nation's construction ecosystem. The industry achieved a 4.7% CAGR over the current period, with 2025 revenues reaching $3.5 billion despite modest annual growth of 1.9%. Rising cement costs have driven revenue expansion through price pass-through mechanisms, as manufacturers adapted to volatile input markets by renegotiating supply contracts and implementing dynamic pricing schedules. Construction demand remained robust despite competing pressures from rising mortgage rates, supply chain disruptions and economic uncertainty, supported by government stimulus packages, accelerated infrastructure spending and sustained immigration driving housing demand. However, the profit margin faced some compression as companies absorbed elevated costs from expedited logistics, overtime wages and hedged utilities while navigating an increasingly complex procurement landscape.
Access this data your way
The Precast Concrete Manufacturing in Canada Industry analysis is available in multiple formats to fit seamlessly into your workflow.
API Data Delivery
Feed trusted, human-driven industry intelligence straight into your platform.
Integrations
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
What's included in this industry analysis
IBISWorld's research coverage on the Precast Concrete Manufacturing industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released August 2025.
About this industry
What's this industry report about?
The Precast Concrete Manufacturing industry in Canada operates under the NAICS industry code 32739CA. Operators in the Precast Concrete Manufacturing industry in Canada manufacture precast and prestressed concrete products for use in various construction markets. Industry products include precast concrete slabs and panels, building boards, roofing tiles, railroad ties, posts and poles, in addition to prestressed bridge beams and trusses. The production of concrete blocks, bricks and pipes are excluded from this industry. Related terms covered in the Precast Concrete Manufacturing industry in Canada include precast concrete, prestressed concrete, concrete beam, concrete trusses and concrete culverts.
What's included in this industry?
Products and services covered in Precast Concrete Manufacturing industry in Canada include Precast concrete products, Architectural wall panels and Slabs and tile, roof and floor units.
What companies are included in this industry?
The Precast Concrete Manufacturing industry in Canada is highly fragmented with no companies holding a market share greater than 5%.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Precast Concrete Manufacturing industry in Canada.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Precast Concrete Manufacturing industry in Canada.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Precast Concrete Manufacturing industry in Canada.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Precast Concrete Manufacturing industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Precast Concrete Manufacturing industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Precast Concrete Manufacturing industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Precast Concrete Manufacturing industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Precast Concrete Manufacturing industry in Canada.
Trusted by industry professionals
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
Frequently Asked Questions
What is the market size of the Precast Concrete Manufacturing industry in Canada in 2026?
The market size of the Precast Concrete Manufacturing industry in Canada is $3.5bn in 2026.
How many businesses are there in the Precast Concrete Manufacturing industry in Canada in 2025?
There are 431 businesses in the Precast Concrete Manufacturing industry in Canada, which has grown at a CAGR of 0.1 % between 2020 and 2025.
How may import tariffs affect the Precast Concrete Manufacturing industry in Canada?
The Precast Concrete Manufacturing industry in Canada is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
How may export tariffs affect the Precast Concrete Manufacturing industry in Canada?
The Precast Concrete Manufacturing industry in Canada is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Precast Concrete Manufacturing industry in Canada grown or declined over the past 5 years?
The market size of the Precast Concrete Manufacturing industry in Canada has been growing at a CAGR of 4.7 % between 2020 and 2025.
What is the forecast growth of the Precast Concrete Manufacturing industry in Canada over the next 5 years?
Over the next five years, the Precast Concrete Manufacturing industry in Canada is expected to grow.
What does the Precast Concrete Manufacturing industry in Canada include?
Precast concrete manufacturing and Prestressed concrete manufacturing are part of the Precast Concrete Manufacturing industry in Canada.
How competitive is the Precast Concrete Manufacturing industry in Canada?
The level of competition is high and steady in the Precast Concrete Manufacturing industry in Canada.
Cut through the noise with intelligence you can trust
