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Canada Drywall Market Analysis, Trends, Size, Forecast: By Type: Standard, Fire-Resistant, Mould/Moisture Resistant; By Application: Residential, Commercial; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Canada Drywall Market Size
The Canada drywall market size reached approximately USD 1,308.90 million in 2023. The market is projected to grow at a CAGR of 6.6% between 2024 and 2032, reaching a value of around USD 2,184.25 million by 2032.
Key Takeaways
- The Canadian construction sector contributes around USD 151 billion to the economy per year, accounting for around 7.4% of the country’s GDP.
- The Canadian government has pledged USD 4 billion in financing via the Rapid Housing Initiative to accelerate the construction of affordable modular homes.
According to the Canada Green Building Council's (CAGBC) report, Canada’s Green Building Engine, Canada’s green building sector is expected to flourish, creating USD 150 billion in GDP by 2030. The growing demand for green buildings is expected to aid the demand for eco-friendly gypsum drywall as a sustainable construction material.
Drywalls find use in buildings as a covering material for interior walls and ceilings. The material supports and extends the lifespan of walls while providing a smooth surface that can be used for décor. Key factors driving the Canada drywall market growth include rising immigration and the demand for housing, government initiatives, and the rise in renovation projects.
Canada Drywall Market Report Snapshots
Canada Drywall Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Drywall Market Overview
8.1 Key Industry Highlights
8.2 North America Drywall Historical Market (2018-2023)
8.3 North America Drywall Market Forecast (2024-2032)
8.4 North America Drywall Market Share by Country
8.4.1 United States of America
8.4.2 Canada
9 Canada Drywall Market Overview
9.1 Key Industry Highlights
9.2 Canada Drywall Historical Market (2018-2023)
9.3 Canada Drywall Market Forecast (2024-2032)
10 Canada Drywall Market by Type
10.1 Standard
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Fire-Resistant
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Mould/Moisture Resistant
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Canada Drywall Market by Application
11.1 Residential
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Commercial
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Canada Drywall Market by Region
12.1 Northern Canada
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 British Columbia
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Alberta
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 The Prairies
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Central Canada
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Atlantic Canada
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 CGC Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 CertainTeed
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Georgia-Pacific LLC
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Gold Bond Building Products, LLC.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Envirowall Partition Systems Limited
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Armstrong World Industries, Inc.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Drywall Market: Key Industry Highlights, 2018 and 2032
2. Canada Drywall Market: Key Industry Highlights, 2018 and 2032
3. Canada Drywall Historical Market: Breakup by Type (USD Million), 2018-2023
4. Canada Drywall Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Canada Drywall Historical Market: Breakup by Application (USD Million), 2018-2023
6. Canada Drywall Market Forecast: Breakup by Application (USD Million), 2024-2032
7. Canada Drywall Historical Market: Breakup by Region (USD Million), 2018-2023
8. Canada Drywall Market Forecast: Breakup by Region (USD Million), 2024-2032
9. Canada Drywall Market Structure
Key Questions Answered in the Report
In 2023, the Canada drywall market reached an approximate value of USD 1,308.90 million.
The market is expected to grow at a CAGR of 6.6% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 2,184.25 million by 2032.
Drywall, sometimes referred to as plasterboard or wallboard, is made up of two paperboards sandwiching gypsum, a mineral sulphate that is typically white or grey in colour.
Drywall can be used to create arches, eaves, separation walls, and smooth surfaces for further interior décor.
The major drivers of the market are the growing construction sector, rising demand for urban housing, and increasing prevalence of repair, remodelling, and renovation in the residential sector.
The key trends propelling the growth of the market include innovations in drywall-based construction techniques, new technologies being developed for drywalls, and increased government spending in the real estate market for residential construction.
The major applications of the drywall market in Canada are residential and commercial.
The major regions for the drywall market in Canada include Northern Canada, British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.
The major players in the market are CGC Inc., CertainTeed, Georgia-Pacific LLC, Gold Bond Building Products, LLC., Envirowall Partition Systems Limited, and Armstrong World Industries, Inc., among others.
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