Europe Gypsum Board Market Size & Outlook, 2023-2030
Europe gypsum board market, 2018-2030 (US$M)
Related Markets
Europe gypsum board market highlights
- The Europe gypsum board market generated a revenue of USD 8,592.6 million in 2023.
- The market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, wallboard was the largest revenue generating product in 2023.
- Pre-decorated Board is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Russia is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 8,592.6 million |
| Market revenue in 2030 | USD 17,320.8 million |
| Growth rate | 10.5% (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 |
| Key market players worldwide | Knauf, Gypsemna, Global Mining Company, National Gypsum Company, Compagnie de Saint-Gobain SA, Holcim Ltd, Zawawi Group, BNBM, Eternit, United Mining Industries, Yoshino Gypsum |
Other key industry trends
- In terms of revenue, Europe region accounted for 15.4% of the global gypsum board market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 10,039.5 million by 2030.
Wallboard was the largest segment with a revenue share of 51.48% in 2023. Horizon Databook has segmented the Europe 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.
Europe accounted for a significant consumer of gypsum boards in 2019 owing to the robust product demand from developed economies including Germany, the UK, Russia, Italy, and France. The Gypsum board market in Europe is expected to benefit from the recovery in the residential and commercial construction sector.
The European market has witnessed a significant growth in construction activities and this growth can be directly translated into an increased product demand. The market is expected to be significantly driven by the growing residential sector on account of the increasing rate of immigration.
The residential construction sector accounted for the highest share in the consumption of gypsum board on account of the extensive product application scope in this sector; the growth of residential construction activities in the region is anticipated to propel the product demand over the forecast period.
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Gypsum Board Market Scope
Gypsum Board Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe gypsum board market size, by country, 2018-2030 (US$M)
Europe Gypsum Board Market Outlook Share, 2023 & 2030 (US$M)
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