The Gravel and Sand Quarrying industry is expected to generate revenue of $1.05 billion in 2011-12, compared with $1.09 million in 2006-07. Industry revenue is expected to increase by 9.5% in 2011-12, as construction activity firms, especially non-dwelling construction. This expected improvement will build on a more modest gain made in 2010-11 after falls in the preceding two years, when the industry was hit by the global financial crisis. Reduced availability of finance, weaker confidence and subdued economic activity all took a toll on the industry.
Firms in this industry operate sand and gravel quarries, and may also wash or screen the products recovered.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.