Drywall and Gypsum Board Market Trends 2023 Industry Size, Segments, Share, Key Players and Growth Factor Analysis by 2031

Our extensive research on the Global Drywall and Gypsum Board Market from 2023 to 2031 offers valuable insights applicable to companies of all sizes. The study delves into crucial market trends, providing perspectives on the industry’s future direction. It includes investment structures, technological advancements, market dynamics, and profiles of major players. The report outlines global market strategies that adapt to current and future industry conditions.

The global drywall and gypsum board market size was US$ 55.1 billion in 2021. The global drywall and gypsum board market is forecast to reach US$ 105.1 billion by 2030, registering a compound annual growth rate (CAGR) of 12.1% during the forecast period from 2022 to 2030.

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Our research blends qualitative and statistical data, spanning from 2017 to 2031, covering historical consumption, valuation, supply-demand dynamics, expansion opportunities, profitability, setbacks, and economic assessment. We use tools like SWOT, BCG, and PESTLE analysis, visually presented, along with numerical data. The report offers a comprehensive view of the market landscape, including stakeholder insights, sector review, regional outlooks, financial considerations, and market-related issues. The report’s scope and structure are clearly outlined.

Factors Influencing the Market

  • The increasing initiatives for infrastructural development in the commercial and residential sector are driving the growth of the global drywall and gypsum board market. In addition, growing efforts from the governments of various nations to boost urbanization will propel the growth of the drywall and gypsum board market. 
  • The benefits of the drywall and gypsum board, such as time-efficiency and economical construction techniques are likely to boost the growth of the global drywall and gypsum board market. 
  • The growing standards of living of the urban population will benefit the global drywall and gypsum board market.  In addition, rising demand for interior decoration of residential and commercial buildings will accelerate the growth of the global drywall and gypsum board market. 
  • The high cost of investments may limit the growth of the drywall and gypsum board market. Furthermore, growing disposable income and increasing urban population will accelerate the growth of the global drywall and gypsum board market during the study period. 

Regional Analysis

The Asia-Pacific drywall and gypsum board market is forecast to hold dominance, followed by North America and Europe. It is due to the presence of a large population in these regions. In addition, growing urbanization in emerging countries like India and China is forecast to benefit the regional market. 

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Competitors in the Market

  • USG Zawawi Drywall LLC SFZ
  • Knauf Middle East
  • Gypsemna Co. LLC
  • Global Mining Co. LLC
  • Gulf Gypsum Co
  • National Gypsum Co
  • Etex Group
  • Lafarge Group
  • Saint – Gobain Gyproc India Ltd
  • Taishan Gypsum Co.
  • Yoshino Gypsum Co., Ltd
  • Kingspan Group plc
  • Winstone Wallboards Limited
  • Supress Products, LLC
  • Gyptec Iberica.
  • Other Prominent Players

The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.

As of the end of 2022, the Drywall and Gypsum Board industry experienced notable growth in its workforce. Starting in January, employment within the Drywall and Gypsum Board sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Drywall and Gypsum Board output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.

Forecasts indicate that the global Drywall and Gypsum Board output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Drywall and Gypsum Board market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Drywall and Gypsum Board market.

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Market Segmentation

The global drywall and gypsum board market segmentation focuses on Product, Application, and Region.

Based on the product

  • Wallboard
  • Ceiling Board
  • Pre-decorated Board

Based on the application

  • Pre-Engineered Metal Buildings
  • Residential
  • Industrial
  • Commercial
  • Institutional

Based on region

  • North America
  • The U.S.
  • Canada
  • Mexico
  • Europe
  • Western Europe
  • The UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Western Europe
  • Eastern Europe
  • Poland
  • Russia
  • Rest of Eastern Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa (MEA)
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA
  • South America
  • Brazil
  • Argentina
  • Rest of South America

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Table of Contents:

Chapter 1: Introduction to the Global Drywall and Gypsum Board Industry

Chapter 3: Dynamics of the Market

Chapter 4: Profiles of Leading Companies

Chapter 5: Competition in the Global Drywall and Gypsum Board Market among Players

Chapter 6: Market Size across Global Regions

Chapter 7: Application Segments in the Global Market

Chapter 8: Segment Analysis of the Global Drywall and Gypsum Board Industry

Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers

Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders

Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors

Chapter 12: Evaluation of Market Impact Factors

Chapter 13: Forecasted Global Drywall and Gypsum Board Market Size (2023-2031)

Reasons to Acquire This Report

(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.

(B) The report delivers a comprehensive analysis of global, regional, and country-level Drywall and Gypsum Board market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.

(C) Through meticulous segmentation of the Drywall and Gypsum Board market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.

(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.

(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.

(F) The study facilitates the assessment of Drywall and Gypsum Board business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.

Why is our study consequential?

Our study holds paramount importance for various reasons, a few of which include:

• Assisting businesses in gauging the viability of new or existing products or services.

• Facilitating business enterprises in the identification and cultivation of novel market segments.

• Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.

• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.

• Analyzing market trends to aid businesses in devising adaptive strategies.

• Guiding businesses in the optimal placement of their products.

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