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The global drywall market was around USD 42.17 billion in 2023. The market is further estimated to grow at CAGR of 6.2% in the forecast period of 2024-2032 to reach nearly USD 72.47 billion by 2032.
The primary driver for the global drywall industry is the growing construction activity in the emerging economies, especially in the Asia Pacific, which represents the leading industry for global drywall industry. The rising repair and renovation activities in the developed countries are expected to add further impetus to the global drywall industry.
With the volume of construction output expected to grow by 85% to USD 15.5 trillion worldwide by 2030, with three countries, China, United States and India, leading the way and accounting for 57% of the total growth, the drywall market is projected to see further growth during the forecasted period of 2024-2032. The construction industry in North America alone is expected to grow at a CAGR of 4-5% in the coming years.
*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 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Drywall Market Analysis
8.1 Key Industry Highlights
8.2 Global Drywall Historical Market (2018-2023)
8.3 Global Drywall Market Forecast (2024-2032)
8.4 Global Drywall Market by Type
8.4.1 Standard
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Fire-Resistant
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Mould/Moisture Resistant
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Drywall Market by Application
8.5.1 Residential
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Commercial
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Drywall Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Drywall Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Drywall Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Drywall Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Drywall Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Drywall Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 USG Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Georgia-Pacific LLC
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 CertainTeed
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 American Gypsum Company
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 China National Building Materials Co., Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2. Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Drywall Market: Key Industry Highlights, 2018 and 2032
2. Global Drywall Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Drywall Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Drywall Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Drywall Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Drywall Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Drywall Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Drywall Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Drywall Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Drywall Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Drywall Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Drywall Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Drywall Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Drywall Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Drywall Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Drywall Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Drywall Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Drywall Market Structure
The global drywall market is projected to grow at a CAGR of 6.2% in the forecast period of 2024-2032.
The major drivers of the market include rising disposable incomes, increasing population, rising construction industry, and the ability to seamlessly divide spaces, making it an easy and cost-effective option for customisations of interior spaces.
The rising trend of repair, remodelling, and renovation in the residential sector is expected to be a key trend guiding the growth of the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the industry, with the Asia Pacific accounting for the largest market share.
The major types of drywall include standard, fire-resistant, and mould/moisture resistant.
The residential and commercial sectors are the major application sectors in the market.
The leading players in the industry are USG Corporation, Georgia-Pacific LLC, American Gypsum Company, CertainTeed, and China National Building Materials Co., Ltd., among others.
The global drywall market is majorly being driven by the growth in the construction industry. Aided by the growing trend of repair, remodelling, and renovation in the residential sector, the market is expected to grow at a CAGR of 6.2% in the forecast period of 2024-2032.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its types, the market can be segmented into standard, fire-resistant, and mould/moisture resistant. On the basis of application, the industry can be divided into residential and commercial sectors. The major regional markets for drywall are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the industry. The key players in the above market include USG Corporation, Georgia-Pacific LLC, American Gypsum Company, CertainTeed, and China National Building Materials Co., Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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