The global precast concrete market size reached US$ 128.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 195.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032. Rising disposable income levels in developing as well as developed regions are expected to bolster the residential construction segment, thereby fostering precast concrete demand.
