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Gypsum Board Market Size to Grow by USD 15865.52 Million From 2022 to 2027, Assessment on Parent Market, Five Forces Analysis, Market Dynamics & Segmentation - Technavio

NEW YORK, Nov. 3, 2022 /PRNewswire/ -- The Global Gypsum Board Market share is set to increase by USD 15865.52 million from 2022 to 2027. Moreover, the market's growth momentum will accelerate at a CAGR of 7.45% as per the latest market forecast report by Technavio. The market will also record a 6.55% Y-O-Y growth rate during the forecast period.

Technavio has announced its latest market research report titled Global Gypsum Board Market 2023-2027

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Global Gypsum Board Market Parent Market Analysis

Technavio categorizes the global gypsum board market as a part of the global building products market covering companies engaged in the production of building components such as windows and doors; flooring; ceiling and wall fixtures; roofing and gutter materials; insulation materials; cabinets; plumbing fixtures; and home improvement products and equipment. Technavio calculates the global building products market size based on the combined revenue generated by manufacturers of building and home improvement products and equipment. 

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Global Gypsum Board Market Characteristics with Five Forces–

The Global Gypsum Board Market is fragmented, and the five forces analysis by Technavio gives the accurate vision –

  • Bargaining Power of Buyers
  • The threat of New Entrants
  • Threat of Rivalry
  • Bargaining Power of Suppliers
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Global Gypsum Board Market – Customer Landscape  

  • The disruption threats are strategic in nature, and operational risks for suppliers have been mapped based on their negative business impact and probability of occurrence. 
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Global Gypsum Board MarketSegmentation Assessment

Geography Segment Overview

Technavio's market research report entails detailed information on regional opportunities in store for vendors, which will assist in generating sales revenues. The Global Gypsum Board Market as per geography is categorized into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides an accurate prediction of the contribution of all regions to the growth of the Global Gypsum Board Market size and actionable market understandings.

Regional Highlights:

  • APAC is the fastest-growing region in the global gypsum board market compared to other regions. 52% of market growth will originate from APAC. The rapid growth of the construction industry and the increasing demand for single-family and multi-family homes in countries such as China, Japan, and India are expected to fuel the growth of the market during the forecast period. Ceiling boards and wallboards are used for upgrading the interior designs of commercial and residential buildings. Moreover, changing lifestyles and the rising demand for cost-effective, sustainable, and cost-saving products are supporting the demand for gypsum boards in APAC.

Application Segment Overview

  • The Global Gypsum Board Market as per type segmentation is categorized into Residential, Commercial, Industrial, and Institutional.
  • Revenue Generating Segment - The gypsum market share growth by the residential segment will be significant during the forecast period. Gypsum board is a lightweight construction material and is widely used in the interiors and exteriors of residential buildings, such as walls, ceilings, and partitions. The rapid increase in construction activities in the residential sector owing to accelerated urbanization is expected to raise the demand for gypsum boards during the forecast period.

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Global Gypsum Board Market – Market Dynamics

Major Driver Boosting the Market

  • The rising number of infrastructural and construction activities is driving the growth of the global gypsum board market.
  • According to the US Census Bureau, the rising demand for multi-family buildings and the increase in migration from rural regions to cities have resulted in the growth of permits for the construction of new residential buildings.
  • According to the Ministry of Statistics and Program Implementation (MOSPI), the construction industry in India grew by approximately 6.2% year over year in the final quarter of 2020.
  • These factors will fuel the growth of the market during the forecast period.

Major trends influencing the growth of market

  • The increase in M&A and partnerships is a key trend in the market.
  • Vendors are adopting strategies such as mergers and acquisitions and partnerships to gain a competitive advantage. For instance, in November 2021, Compagnie de Saint Gobain SA acquired a minority stake in Livspace. Similarly, In October 2021, Compagnie de Saint Gobain SA acquired RABONI Normandie.
  • The above-mention factors will support the growth of the market during the forecast period. 

Major Challenges interrupting the market growth

  • The adverse impact of gypsum on the environment will challenge the growth of the global gypsum board market.
  • The production of gypsum board can impact the environment adversely, as it releases particulates from gypsum powder along with nitrous oxide, sulfur dioxide, and carbon monoxide, which are harmful to the environment.
  • Thus, rising environmental concerns globally can lead to a reduction in the demand for gypsum boards, which can limit the growth of the market during the forecast period.

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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19-impacted market research reports.

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Gypsum Board Market 2023-2027: Key Highlights

  • CAGR of the market during the forecast period 2023-2027
  • Detailed information on factors that will assist gypsum board market growth during the next five years
  • Estimation of the gypsum board market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the gypsum board market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of gypsum board market vendors

Related Reports:

  • The drywall and gypsum board market is projected to grow by USD 21.76 billion with a CAGR of 8.15% during the forecast period 2021 to 2026. The market is segmented by application (residential, commercial, industrial, and institutional) and geography (APAC, North America, Europe, MEA, and South America).
  • The particle board market is projected to grow by USD 6.00 billion with a CAGR of 4.88% during the forecast period 2021 to 2026. The market is segmented by end-user (residential, commercial, and industrial) and geography (APAC, North America, Europe, MEA, and South America). 

Gypsum Board Market Scope

Report Coverage

Details

Page number

120

Base year

2022

Historical year

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.45%

Market growth 2023-2027

USD 15865.52 million

Market structure

Fragmented

YoY growth (%)

6.55

Regional analysis

APAC, North America, Europe, the Middle East and Africa, and South America

Performing market contribution

APAC at 52%

Key consumer countries

US, China, Japan, India, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Key companies profiled

Cabot Gypsum Co., China National Building Material Co. Ltd., Compagnie de Saint Gobain SA, Eagle Materials Inc., Fletcher Building Ltd., Gypelite India Pvt. Ltd., INDIA GYPSUM PVT. LTD., Khorasan Gypsum, Knauf Digital GmbH, Koch Industries Inc., KYIV PROFIL LLC, National Gypsum Co., Osman Group, PABCO Building Products LLC, Shandong Baier Building Materials Co. Ltd., VANS Gypsum, Volma, and Yoshino Gypsum Co. Ltd.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents:

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
  • 4.2 Bargaining power of buyers 
    • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 4.3 Bargaining power of suppliers 
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 4.4 Threat of new entrants 
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 4.5 Threat of substitutes 
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 4.6 Threat of rivalry 
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 4.7 Market condition 
    • Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

5 Market Segmentation by Application

  • 5.1 Market segments 
    • Exhibit 25: Chart on Application - Market share 2022-2027 (%)
    • Exhibit 26: Data Table on Application - Market share 2022-2027 (%)
  • 5.2 Comparison by Application 
    • Exhibit 27: Chart on Comparison by Application
    • Exhibit 28: Data Table on Comparison by Application
  • 5.3 Residential - Market size and forecast 2022-2027
    • Exhibit 29: Chart on Residential - Market size and forecast 2022-2027 ($ million)
    • Exhibit 30: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
    • Exhibit 31: Chart on Residential - Year-over-year growth 2022-2027 (%)
    • Exhibit 32: Data Table on Residential - Year-over-year growth 2022-2027 (%)
  • 5.4 Commercial - Market size and forecast 2022-2027
    • Exhibit 33: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
    • Exhibit 34: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Chart on Commercial - Year-over-year growth 2022-2027 (%)
    • Exhibit 36: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
  • 5.5 Industrial - Market size and forecast 2022-2027
    • Exhibit 37: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
    • Exhibit 38: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Chart on Industrial - Year-over-year growth 2022-2027 (%)
    • Exhibit 40: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
  • 5.6 Institutional - Market size and forecast 2022-2027
    • Exhibit 41: Chart on Institutional - Market size and forecast 2022-2027 ($ million)
    • Exhibit 42: Data Table on Institutional - Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Chart on Institutional - Year-over-year growth 2022-2027 (%)
    • Exhibit 44: Data Table on Institutional - Year-over-year growth 2022-2027 (%)
  • 5.7 Market opportunity by Application 
    • Exhibit 45: Market opportunity by Application ($ million)

6 Market Segmentation by Product

  • 6.1 Market segments 
    • Exhibit 46: Chart on Product - Market share 2022-2027 (%)
    • Exhibit 47: Data Table on Product - Market share 2022-2027 (%)
  • 6.2 Comparison by Product 
    • Exhibit 48: Chart on Comparison by Product
    • Exhibit 49: Data Table on Comparison by Product
  • 6.3 Wallboard - Market size and forecast 2022-2027 
    • Exhibit 50: Chart on Wallboard - Market size and forecast 2022-2027 ($ million)
    • Exhibit 51: Data Table on Wallboard - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Chart on Wallboard - Year-over-year growth 2022-2027 (%)
    • Exhibit 53: Data Table on Wallboard - Year-over-year growth 2022-2027 (%)
  • 6.4 Ceiling board - Market size and forecast 2022-2027
    • Exhibit 54: Chart on Ceiling board - Market size and forecast 2022-2027 ($ million)
    • Exhibit 55: Data Table on Ceiling board - Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Chart on Ceiling board - Year-over-year growth 2022-2027 (%)
    • Exhibit 57: Data Table on Ceiling board - Year-over-year growth 2022-2027 (%)
  • 6.5 Pre-decorated board - Market size and forecast 2022-2027
    • Exhibit 58: Chart on Pre-decorated board - Market size and forecast 2022-2027 ($ million)
    • Exhibit 59: Data Table on Pre-decorated board - Market size and forecast 2022-2027 ($ million)
    • Exhibit 60: Chart on Pre-decorated board - Year-over-year growth 2022-2027 (%)
    • Exhibit 61: Data Table on Pre-decorated board - Year-over-year growth 2022-2027 (%)
  • 6.6 Others - Market size and forecast 2022-2027
    • Exhibit 62: Chart on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 63: Data Table on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 64: Chart on Others - Year-over-year growth 2022-2027 (%)
    • Exhibit 65: Data Table on Others - Year-over-year growth 2022-2027 (%)
  • 6.7 Market opportunity by Product 
    • Exhibit 66: Market opportunity by Product ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview 
    • Exhibit 67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation 
    • Exhibit 68: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 69: Data Table on Market share by geography 2022-2027 (%)
  • 8.2 Geographic comparison 
    • Exhibit 70: Chart on Geographic comparison
    • Exhibit 71: Data Table on Geographic comparison
  • 8.3 APAC - Market size and forecast 2022-2027
    • Exhibit 72: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 73: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 75: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 8.4 North America - Market size and forecast 2022-2027
    • Exhibit 76: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 77: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 79: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 8.5 Europe - Market size and forecast 2022-2027
    • Exhibit 80: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 81: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 83: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 8.6 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 8.7 South America - Market size and forecast 2022-2027
    • Exhibit 88: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 89: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 91: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 8.8 China - Market size and forecast 2022-2027
    • Exhibit 92: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 93: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 95: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 8.9 US - Market size and forecast 2022-2027
    • Exhibit 96: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 97: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 99: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 8.10 Japan - Market size and forecast 2022-2027
    • Exhibit 100: Chart on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 101: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Chart on Japan - Year-over-year growth 2022-2027 (%)
    • Exhibit 103: Data Table on Japan - Year-over-year growth 2022-2027 (%)
  • 8.11 India - Market size and forecast 2022-2027
    • Exhibit 104: Chart on India - Market size and forecast 2022-2027 ($ million)
    • Exhibit 105: Data Table on India - Market size and forecast 2022-2027 ($ million)
    • Exhibit 106: Chart on India - Year-over-year growth 2022-2027 (%)
    • Exhibit 107: Data Table on India - Year-over-year growth 2022-2027 (%)
  • 8.12 UK - Market size and forecast 2022-2027
    • Exhibit 108: Chart on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 109: Data Table on UK - Market size and forecast 2022-2027 ($ million)
    • Exhibit 110: Chart on UK - Year-over-year growth 2022-2027 (%)
    • Exhibit 111: Data Table on UK - Year-over-year growth 2022-2027 (%)
  • 8.13 Market opportunity by geography 
    • Exhibit 112: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Impact of drivers and challenges 
    • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape 
    • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption 
    • Exhibit 115: Overview on factors of disruption
  • 10.4 Industry risks 
    • Exhibit 116: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered 
    • Exhibit 117: Vendors covered
  • 11.2 Market positioning of vendors 
    • Exhibit 118: Matrix on vendor position and classification
  • 11.3 Cabot Gypsum Co. 
    • Exhibit 119: Cabot Gypsum Co. - Overview
    • Exhibit 120: Cabot Gypsum Co. - Product / Service
    • Exhibit 121: Cabot Gypsum Co. - Key offerings
  • 11.4 China National Building Material Co. Ltd.
    • Exhibit 122: China National Building Material Co. Ltd. - Overview
    • Exhibit 123: China National Building Material Co. Ltd. - Business segments
    • Exhibit 124: China National Building Material Co. Ltd. - Key offerings
    • Exhibit 125: China National Building Material Co. Ltd. - Segment focus
  • 11.5 Compagnie de Saint Gobain SA 
    • Exhibit 126: Compagnie de Saint Gobain SA - Overview
    • Exhibit 127: Compagnie de Saint Gobain SA - Business segments
    • Exhibit 128: Compagnie de Saint Gobain SA - Key offerings
    • Exhibit 129: Compagnie de Saint Gobain SA - Segment focus
  • 11.6 Eagle Materials Inc. 
    • Exhibit 130: Eagle Materials Inc. - Overview
    • Exhibit 131: Eagle Materials Inc. - Business segments
    • Exhibit 132: Eagle Materials Inc. - Key offerings
    • Exhibit 133: Eagle Materials Inc. - Segment focus
  • 11.7 Gypelite India Pvt. Ltd. 
    • Exhibit 134: Gypelite India Pvt. Ltd. - Overview
    • Exhibit 135: Gypelite India Pvt. Ltd. - Product / Service
    • Exhibit 136: Gypelite India Pvt. Ltd. - Key offerings
  • 11.8 INDIA GYPSUM PVT. LTD. 
    • Exhibit 137: INDIA GYPSUM PVT. LTD. - Overview
    • Exhibit 138: INDIA GYPSUM PVT. LTD. - Product / Service
    • Exhibit 139: INDIA GYPSUM PVT. LTD. - Key offerings
  • 11.9 Khorasan Gypsum 
    • Exhibit 140: Khorasan Gypsum - Overview
    • Exhibit 141: Khorasan Gypsum - Product / Service
    • Exhibit 142: Khorasan Gypsum - Key offerings
  • 11.10 Knauf Digital GmbH 
    • Exhibit 143: Knauf Digital GmbH - Overview
    • Exhibit 144: Knauf Digital GmbH - Product / Service
    • Exhibit 145: Knauf Digital GmbH - Key offerings
  • 11.11 Koch Industries Inc. 
    • Exhibit 146: Koch Industries Inc. - Overview
    • Exhibit 147: Koch Industries Inc. - Product / Service
    • Exhibit 148: Koch Industries Inc. - Key news
    • Exhibit 149: Koch Industries Inc. - Key offerings
  • 11.12 KYIV PROFIL LLC 
    • Exhibit 150: KYIV PROFIL LLC - Overview
    • Exhibit 151: KYIV PROFIL LLC - Product / Service
    • Exhibit 152: KYIV PROFIL LLC - Key offerings
  • 11.13 National Gypsum Co. 
    • Exhibit 153: National Gypsum Co. - Overview
    • Exhibit 154: National Gypsum Co. - Product / Service
    • Exhibit 155: National Gypsum Co. - Key offerings
  • 11.14 Osman Group 
    • Exhibit 156: Osman Group - Overview
    • Exhibit 157: Osman Group - Product / Service
    • Exhibit 158: Osman Group - Key offerings
  • 11.15 Shandong Baier Building Materials Co. Ltd.
    • Exhibit 159: Shandong Baier Building Materials Co. Ltd. - Overview
    • Exhibit 160: Shandong Baier Building Materials Co. Ltd. - Product / Service
    • Exhibit 161: Shandong Baier Building Materials Co. Ltd. - Key offerings
  • 11.16 Volma 
    • Exhibit 162: Volma - Overview
    • Exhibit 163: Volma - Product / Service
    • Exhibit 164: Volma - Key offerings
  • 11.17 Yoshino Gypsum Co. Ltd. 
    • Exhibit 165: Yoshino Gypsum Co. Ltd. - Overview
    • Exhibit 166: Yoshino Gypsum Co. Ltd. - Product / Service
    • Exhibit 167: Yoshino Gypsum Co. Ltd. - Key offerings

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Inclusions and exclusions checklist 
    • Exhibit 168: Inclusions checklist
    • Exhibit 169: Exclusions checklist
  • 12.3 Currency conversion rates for US$ 
    • Exhibit 170: Currency conversion rates for US$
  • 12.4 Research methodology 
    • Exhibit 171: Research methodology
    • Exhibit 172: Validation techniques employed for market sizing
    • Exhibit 173: Information sources
  • 12.5 List of abbreviations 
    • Exhibit 174: List of abbreviations
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Global Gypsum Board Market 2023-2027

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