Market revenue in 2023 | USD 55,913.4 million |
Market revenue in 2030 | USD 127,068.0 million |
Growth rate | 12.4% (CAGR from 2023 to 2030) |
Largest segment | Wallboard |
Fastest growing segment | Pre-decorated Board |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Wallboard, Ceiling Board, Pre-decorated Board, Other Products |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gypsum board market will help companies and investors design strategic landscapes.
wallboard was the largest segment with a revenue share of 50.31% in 2023. Horizon Databook has segmented the Global gypsum board market based on wallboard, ceiling board, pre-decorated board, other products covering the revenue growth of each sub-segment from 2018 to 2030.
The residential real estate sector across various regions that range from developed markets such as the U.S., to developing markets such as India, Indonesia, China, and others is estimated to grow on account of rising government spending and increasing foreign investments.
The refugee crisis and infrastructure expansion are expected to emerge as the major factors aiding the growth of the global building & construction market. Globally, 61.8 million housing projects are underway and an additional 15 million was added in 2019.
The countries, which experienced a decline in residential construction in 2013 registered a notable demand in 2017; therefore, registering a slight recovery in the market. Expanding population and rapid urbanization & industrialization in emerging economies are expected to drive governments to increase their construction spending to cater to the rising infrastructure needs.
Horizon Databook provides a detailed overview of global-level data and insights on the Global gypsum board market , including forecasts for subscribers. This global databook contains high-level insights into Global gypsum board market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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