Product Code: TIPRE00029814
The drywall panels market size is expected to grow from US$ 48,719.96 million in 2022 to US$ 70,723.39 million by 2028; it is estimated to register a CAGR of 6.4% from 2022 to 2028.
A drywall panel is also known as a wallboard, gypsum board, sheet-rock, and plasterboard. Drywall panels are composed of a layer of gypsum rock sandwiched between two layers of special paper. The gypsum is mixed with fiber, such as paper or fiberglass, in drywall panels for added strength and consistency. Various additives, foaming agents, and plasticizers are added to increase fire resistance and flexibility and reduce the drywall panel's weight. Compared to traditional partition materials like plywood and hardwood, drywall panels are fire-resistant, soundproof, easy to install, cost-efficient, and come in various colors and textures. Drywall panels offer both functional and aesthetic benefits. Moreover, the versatility of the drywall panels allows them to meet many architectural requirements. Due to all these benefits, drywall panels are an excellent choice for residential and commercial applications. Further, the global construction industry is growing rapidly due to rising government investments, increasing demand for residential construction due to population growth, and a rapidly growing commercial sector. With this, the demand for drywall panels is also increasing for various residential and non-residential construction activities. The drywall panels are used by different end users, such as construction companies, contractors, and architects.
Based on application, the global drywall panels market is segmented into residential and non-residential. The drywall panels market share for the residential segment was the largest in 2022. A drywall panel is the interior finish mostly used in residential construction. Drywall panels with 1/2-inch thickness are a highly preferred choice for residential interior walls since they are easy to carry and hang. Different types of drywalls, such as regular, moisture-resistant, plaster baseboard, paperless, type X, and soundproof drywall, are utilized in residential construction. Fire-resistant drywall is also gaining momentum in residential construction. The rising demand for DIY gypsum panels and 3D drywall panels from the residential construction sector is further influencing the market growth.
In 2022, Asia Pacific held the largest revenue share of the global drywall panels market. Based on country, the Asia Pacific drywall panels market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Various advantages of using drywall panels over other alternatives are driving the drywall panels market in the region. The growing building & construction industry in the region is also boosting the adoption of drywall panels for various applications. In China, the continuous population growth, rise in household income levels, and increase in the number of people migrating from rural to urban areas are favoring the proliferation of the residential construction industry in the country. In addition, foreign and domestic investors are investing in the residential property sector of Japan. In January 2022, Allianz Real Estate increased its investment in the Japanese residential property sector by US$ 1.6 billion. These foreign investments in the residential and nonresidential construction sectors are boosting the demand for construction materials, including drywall panels, in the country. According to the Australian Industry and Skills Committee (AISC), the construction industry in Australia generates more than US$ 360 billion in revenue, accounting for 9% of the country's GDP. In Australia, the growth in construction activities and increase in awareness about energy-efficient buildings contribute to the growth of the drywall panels market.
The key players operating in the global drywall panels market include Georgia-Pacific LLC, American Gypsum Co LLC, Yoshino Gypsum Co Ltd, Compagnie de Saint Gobain SA, Sadaf Gypsum Co, Knauf Gips KG, Isam Khairi Kabbani Group, National Gypsum Co, Technomec Building Industries LLC, and GYPSEMNA Co LLC. Players operating in the global drywall panels market focus on providing high-quality products to fulfill customer demand. They are also focusing on strategies such as investments in research and development activities, new product launches, and expanding production capacities.
The overall global drywall panels market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the drywall panels market.
Reasons to Buy:
- Progressive industry trends in the drywall panels market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the drywall panels market from 2020 to 2028
- Estimation of the demand for drywall panels across various industries
- Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
- Recent developments to understand the competitive market scenario and the demand for drywall panels compounds across the globe
- Market trends and outlook coupled with factors driving and restraining the growth of the drywall panels market.
- Decision-making process by understanding strategies that underpin commercial interest concerning the global drywall panels market growth
- The global drywall panels market size at various nodes of market
- Detailed overview and segmentation of the drywall panels market as well as its dynamics in the industry
- The drywall panels market size in different regions with promising growth opportunities
Table Of Contents
1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 Drywall Panels Market, by Type
- 1.3.2 Drywall Panels Market, by Application
- 1.3.3 Drywall Panels Market, by Geography
2. Key Takeaways
3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis formulation:
- 3.2.4 Macro-economic factor analysis:
- 3.2.5 Developing base number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country level data:
4. Drywall Panels Market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
5. Drywall Panels Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Rising Construction Industry Globally
- 5.1.2 Surging Use of Drywall Panels in Modern Buildings
- 5.2 Market Restraints
- 5.2.1 Growing Concerns Related to Harmful Effects of Drywall Panels
- 5.3 Market Opportunities
- 5.3.1 Increasing Construction and Infrastructure Development Activities in Middle East
- 5.4 Future Trends
- 5.4.1 Focus on Recycling Drywall Panels
- 5.5 Impact Analysis
6. Drywall Panels - Global Market Analysis
- 6.1 Drywall Panels Market Overview
- 6.2 Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 6.3 Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 6.4 Market Positioning - Drywall Panels Market Players
7. Drywall Panels Market Analysis - By Type
- 7.1 Overview
- 7.2 Drywall Panels Market, By Type (2021 and 2028)
- 7.3 Regular
- 7.3.1 Overview
- 7.3.2 Regular: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 7.3.3 Regular: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4 Moisture-Resistant
- 7.4.1 Overview
- 7.4.2 Moisture-Resistant: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 7.4.3 Moisture-Resistant: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
- 7.5 Plaster Baseboard
- 7.5.1 Overview
- 7.5.2 Plaster Baseboard: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 7.5.3 Plaster Baseboard: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
- 7.6 Paperless
- 7.6.1 Overview
- 7.6.2 Paperless: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 7.6.3 Paperless: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
- 7.7 Type X
- 7.7.1 Overview
- 7.7.2 Type X: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 7.7.3 Type X: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
- 7.8 Others
- 7.8.1 Overview
- 7.8.2 Others: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 7.8.3 Others: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
8. Drywall Panels Market Analysis - By Application
- 8.1 Overview
- 8.2 Drywall Panels Market, By Application (2021 and 2028)
- 8.3 Residential
- 8.3.1 Overview
- 8.3.2 Residential: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
- 8.4 Non-Residential
- 8.4.1 Overview
- 8.4.2 Non-Residential: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
9. Drywall Panels Market - Geographic Analysis
- 9.1 Overview
- 9.2 North America: Drywall Panels Market
- 9.2.1 North America: Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 9.2.2 North America: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.2.3 North America: Drywall Panels Market, by Type
- 9.2.4 North America: Drywall Panels Market, by Application
- 9.2.5 North America: Drywall Panels Market, by Key Country
- 9.2.5.1 US: Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 9.2.5.2 US: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.2.5.2.1 US: Drywall Panels Market, by Type
- 9.2.5.2.2 US: Drywall Panels Market, by Type
- 9.2.5.2.3 US: Drywall Panels Market, by Application
- 9.2.5.3 Canada: Drywall Panels Market-Volume and Forecast to 2028 (Million Square Meter)
- 9.2.5.4 Canada: Drywall Panels Market-Revenue and Forecast to 2028 (US$ Million)
- 9.2.5.4.1 Canada: Drywall Panels Market, by Type
- 9.2.5.4.2 Canada: Drywall Panels Market, by Type
- 9.2.5.4.3 Canada: Drywall Panels Market, by Application
- 9.2.5.5 Mexico: Drywall Panels Market-Volume and Forecast to 2028 (Million Square Meter)
- 9.2.5.6 Mexico: Drywall Panels Market-Revenue and Forecast to 2028 (US$ Million)
- 9.2.5.6.1 Mexico: Drywall Panels Market, by Type
- 9.2.5.6.2 Mexico: Drywall Panels Market, by Type
- 9.2.5.6.3 Mexico: Drywall Panels Market, by Application
- 9.3 Europe: Drywall Panels Market
- 9.3.1 Europe: Drywall Panels Market-Volume and Forecast to 2028 (Million Square Meter)
- 9.3.2 Europe: Drywall Panels Market-Revenue and Forecast to 2028 (US$ Million)
- 9.3.3 Europe: Drywall Panels Market, by Type
- 9.3.4 Europe: Drywall Panels Market, by Application
- 9.3.5 Europe: Drywall Panels Market, by Key Country
- 9.3.5.1 Germany: Drywall Panels Market-Volume and Forecast to 2028 (Million Square Meter)
- 9.3.5.2 Germany: Drywall Panels Market-Revenue and Forecast to 2028 (US$ Million)
- 9.3.5.2.1 Germany: Drywall Panels Market, by Type
- 9.3.5.2.2 Germany: Drywall Panels Market, by Type
- 9.3.5.2.3 Germany: Drywall Panels Market, by Application
- 9.3.5.3 France: Drywall Panels Market-Volume and Forecast to 2028 (Million Square Meter)
- 9.3.5.4 France: Drywall Panels Market-Revenue and Forecast to 2028 (US$ Million)
- 9.3.5.4.1 France: Drywall Panels Market, by Type
- 9.3.5.4.2 France: Drywall Panels Market, by Type
- 9.3.5.4.3 France: Drywall Panels Market, by Application
- 9.3.5.5 UK: Drywall Panels Market-Volume and Forecast to 2028 (Million Square Meter)
- 9.3.5.6 UK: Drywall Panels Market-Revenue and Forecast to 2028 (US$ Million)
- 9.3.5.6.1 UK: Drywall Panels Market, by Type
- 9.3.5.6.2 UK: Drywall Panels Market, by Type
- 9.3.5.6.3 UK: Drywall Panels Market, by Application
- 9.3.5.7 Italy: Drywall Panels Market-Volume and Forecast to 2028 (Million Square Meter)
- 9.3.5.8 Italy: Drywall Panels Market-Revenue and Forecast to 2028 (US$ Million)
- 9.3.5.8.1 Italy: Drywall Panels Market, by Type
- 9.3.5.8.2 Italy: Drywall Panels Market, by Type
- 9.3.5.8.3 Italy: Drywall Panels Market, by Application
- 9.3.5.9 Russia: Drywall Panels Market-Volume and Forecast to 2028 (Million Square Meter)
- 9.3.5.10 Russia: Drywall Panels Market-Revenue and Forecast to 2028 (US$ Million)
- 9.3.5.10.1 Russia: Drywall Panels Market, by Type
- 9.3.5.10.2 Russia: Drywall Panels Market, by Type
- 9.3.5.10.3 Russia: Drywall Panels Market, by Application
- 9.3.5.11 Rest of Europe: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 9.3.5.12 Rest of Europe: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.3.5.12.1 Rest of Europe: Drywall Panels Market, by Type
- 9.3.5.12.2 Rest of Europe: Drywall Panels Market, by Type
- 9.3.5.12.3 Rest of Europe: Drywall Panels Market, by Application
- 9.4 Asia Pacific: Drywall Panels Market
- 9.4.1 Asia Pacific: Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 9.4.2 Asia Pacific: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.3 Asia Pacific: Drywall Panels Market, by Type
- 9.4.4 Asia Pacific: Drywall Panels Market, by Application
- 9.4.5 Asia Pacific: Drywall Panels Market, by Key Country
- 9.4.5.1 Australia: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 9.4.5.2 Australia: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.5.2.1 Australia: Drywall Panels Market, by Type
- 9.4.5.2.2 Australia: Drywall Panels Market, by Type
- 9.4.5.2.3 Australia: Drywall Panels Market, by Application
- 9.4.5.3 China: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 9.4.5.4 China: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.5.4.1 China: Drywall Panels Market, by Type
- 9.4.5.4.2 China: Drywall Panels Market, by Type
- 9.4.5.4.3 China: Drywall Panels Market, by Application
- 9.4.5.5 India: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 9.4.5.6 India: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.5.6.1 India: Drywall Panels Market, by Type
- 9.4.5.6.2 India: Drywall Panels Market, by Type
- 9.4.5.6.3 India: Drywall Panels Market, by Application
- 9.4.5.7 Japan: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 9.4.5.8 Japan: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.5.8.1 Japan: Drywall Panels Market, by Type
- 9.4.5.8.2 Japan: Drywall Panels Market, by Type
- 9.4.5.8.3 Japan: Drywall Panels Market, by Application
- 9.4.5.9 South Korea: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 9.4.5.10 South Korea: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.5.10.1 South Korea: Drywall Panels Market, by Type
- 9.4.5.10.2 South Korea: Drywall Panels Market, by Type
- 9.4.5.10.3 South Korea: Drywall Panels Market, by Application
- 9.4.5.11 Rest of Asia Pacific: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
- 9.4.5.12 Rest of Asia Pacific: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.4.5.12.1 Rest of Asia Pacific: Drywall Panels Market, by Type
- 9.4.5.12.2 Rest of Asia Pacific: Drywall Panels Market, by Type
- 9.4.5.12.3 Rest of Asia Pacific: Drywall Panels Market, by Application
- 9.5 Middle East and Africa: Drywall Panels Market
- 9.5.1 Middle East and Africa: Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 9.5.2 Middle East and Africa: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.5.3 Middle East and Africa: Drywall Panels Market, by Type
- 9.5.4 Middle East and Africa: Drywall Panels Market, by Application
- 9.5.5 Middle East and Africa: Drywall Panels Market, by Key Country
- 9.5.5.1 South Africa: Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 9.5.5.2 South Africa: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.5.5.2.1 South Africa: Drywall Panels Market, by Type
- 9.5.5.2.2 South Africa: Drywall Panels Market, by Type
- 9.5.5.2.3 South Africa: Drywall Panels Market, by Application
- 9.5.5.3 Saudi Arabia: Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 9.5.5.4 Saudi Arabia: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.5.5.4.1 Saudi Arabia: Drywall Panels Market, by Type
- 9.5.5.4.2 Saudi Arabia: Drywall Panels Market, by Type
- 9.5.5.4.3 Saudi Arabia: Drywall Panels Market, by Application
- 9.5.5.5 UAE: Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 9.5.5.6 UAE: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.5.5.6.1 UAE: Drywall Panels Market, by Type
- 9.5.5.6.2 UAE: Drywall Panels Market, by Type
- 9.5.5.6.3 UAE: Drywall Panels Market, by Application
- 9.5.5.7 Rest of Middle East & Africa: Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 9.5.5.8 Rest of Middle East & Africa: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.5.5.8.1 Rest of MEA: Drywall Panels Market, by Type
- 9.5.5.8.2 Rest of MEA: Drywall Panels Market, by Type
- 9.5.5.8.3 Rest of MEA: Drywall Panels Market, by Application
- 9.6 South & Central America: Drywall Panels Market
- 9.6.1 South & Central America: Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 9.6.2 South & Central America: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.6.3 South & Central America: Drywall Panels Market, by Type
- 9.6.4 South & Central America: Drywall Panels Market, by Application
- 9.6.5 South & Central America: Drywall Panels Market, by Key Country
- 9.6.5.1 Brazil: Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 9.6.5.2 Brazil: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.6.5.2.1 Brazil: Drywall Panels Market, by Type
- 9.6.5.2.2 Brazil: Drywall Panels Market, by Type
- 9.6.5.2.3 Brazil: Drywall Panels Market, by Application
- 9.6.5.3 Argentina: Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 9.6.5.4 Argentina: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Million)
- 9.6.5.4.1 Argentina: Drywall Panels Market, by Type
- 9.6.5.4.2 Argentina: Drywall Panels Market, by Type
- 9.6.5.4.3 Argentina: Drywall Panels Market, by Application
- 9.6.5.5 Rest of South & Central America: Drywall Panels Market -Volume and Forecast to 2028 (Million Square Meter)
- 9.6.5.6 Rest of South & Central America: Drywall Panels Market -Revenue and Forecast to 2028 (US$ Mllion)
- 9.6.5.6.1 Rest of South & Central America: Drywall Panels Market, by Type
- 9.6.5.6.2 Rest of South & Central America: Drywall Panels Market, by Type
- 9.6.5.6.3 Rest of South & Central America: Drywall Panels Market, by Application
10. Impact of COVID-19 Pandemic on Global Drywall Panels Market
- 10.1 Overview
- 10.2 Impact of COVID-19 on Drywall Panels Market
- 10.3 North America: Impact Assessment of COVID-19 Pandemic
- 10.4 Europe: Impact Assessment of COVID-19 Pandemic
- 10.5 Asia Pacific: Impact Assessment of COVID-19 Pandemic
- 10.6 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
- 10.7 South & Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
- 11.1 Product launch
- 11.2 Expansion
- 11.3 Merger & Acquisition
12. Company Profiles
- 12.1 Georgia-Pacific LLC
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 American Gypsum Co LLC
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Yoshino Gypsum Co Ltd
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Compagnie de Saint Gobain SA
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Sadaf Gypsum Co
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Knauf Gips KG
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Isam Khairi Kabbani Group
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 National Gypsum Co
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Technomec Building Industries LLC
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 GYPSEMNA Co LLC
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary of Terms