Asia Pacific Drywall Panels Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Regular, Moisture-Resistant, Plaster Baseboard, Paperless, Type X, and Others) and Application (Residential and Non-Residential)

BMIRE00028235 | Pages: 129 | Chemicals and Materials | Mar 2023 | Type: Regional | Status: Published

The Asia Pacific drywall panels market is expected to grow from US$ 18,614.52 million in 2022 to US$ 27,640.31 million by 2028. It is estimated to grow at a CAGR of 6.8% from 2022 to 2028.

 

Rising Construction Industry is Driving the Asia Pacific Drywall Panels Market

 

Drywall panels, also known as wallboard, plasterboard, and gypsum board, are used in the construction of residential and non-residential buildings for interior walls, ceiling applications, and separation walls. They are used for direct decoration or thistle plaster finish. A drywall panel is preferred to plaster because it is easier to install and repair, less expensive, and more durable. It takes less time to mount and is also widely available. Drywall panels are also fire-resistant. All these benefits of drywall panels are boosting their use in residential and non-residential construction activities. In Asia Pacific, there is an increase in construction activities. The region's rising population is putting a strain on current infrastructure, necessitating the development of new rail networks, residential structures, and roadways. The governments and regulatory bodies in the region are focusing on additional infrastructure investment. For instance, China recently announced the "New Infrastructure" program to mitigate the economic impact of the COVID-19 pandemic while promoting long-term development. India is one of the largest construction markets globally. In India, the growth in construction activities is driven by continuing industrialization, increasing population, growing middle-class income, and increasing infrastructural developments. The government of India has given a massive push to the infrastructure sector by allocating US$ 130.57 billion to enhance the infrastructure sector. Hence, the rising construction industry globally is mainly driving the demand for drywall panels.

 

Asia Pacific Drywall Panels Market Overview

 

Australia, China, India, Japan, and South Korea are the key contributors to the Asia Pacific drywall panels market in Asia Pacific. This region has been noticed as one of the prominent markets for the utilization of drywall panels owing to the surge in construction activities. Moreover, government initiatives and policies such as Make-in-India encourage the setup of different manufacturing plants in India. The rise in foreign direct investments also leads to economic growth in the region. The growing use of drywall panels in residential and non-residential sectors is fueling the demand for drywall panels in Asia Pacific. The building & construction industry is a strong contributor to the market's growth. For instance, in India, the construction industry is the second-largest industry after agriculture, accounting for ~11% of the country's GDP. The key players operating in the Asia Pacific drywall panels market include Yoshino Gypsum Co Ltd.; Beijing New Building Material (Group) Co., Ltd.; and Taishan Gypsum Co., Ltd. In recent years, the major market players in the region have invested heavily in R&D initiatives. This significant increase in investment in research and development activity is expected to propel the Asia Pacific drywall panels market growth.

 

Asia Pacific Drywall Panels Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Drywall Panels Market Revenue and Forecast to 2028 (US$ Million)

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Asia Pacific Drywall Panels Market Segmentation

 

The Asia Pacific drywall panels market is segmented into type, application, and country.

 

Based on type, the Asia Pacific drywall panels market is segmented into regular, moisture-resistant, plaster baseboard, paperless, type X, and others. In 2022, the regular segment registered a largest share in the Asia Pacific drywall panels market.

 

Based on application, the Asia Pacific drywall panels market is bifurcated into residential and non-residential. In 2022, the residential segment registered a largest share in the Asia Pacific 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. In 2022, China segment registered a largest share in the Asia Pacific drywall panels market.

 

Compagnie de Saint Gobain SA; Georgia-Pacific LLC; Isam Khairi Kabbani Group; Knauf Gips KG; Sadaf Gypsum Co; and Yoshino Gypsum Co Ltd are the leading companies operating in the Asia Pacific drywall panels market.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Asia Pacific Drywall Panels Market, by Type

1.3.2        Asia Pacific Drywall Panels Market, by Application

1.3.3        Asia Pacific Drywall Panels Market, by Country

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.           Asia Pacific Drywall Panels Market Landscape

4.1         Market Overview

4.2         Porter's Five Forces Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinions

5.           Asia Pacific Drywall Panels Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rising Construction Industry

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         Future Trends

5.3.1        Focus on Recycling Drywall Panels

5.4         Impact Analysis

6.           Drywall Panels – Asia Pacific Market Analysis

6.1         Asia Pacific Drywall Panels Market –Volume and Forecast to 2028 (Million Square Meter)

6.2         Asia Pacific Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

7.           Asia Pacific Drywall Panels Market Analysis – By Type

7.1         Overview

7.2         Asia Pacific Drywall Panels Market, By Type (2021 and 2028)

7.3         Regular

7.3.1        Overview

7.3.2        Regular: Asia Pacific Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

7.3.3        Regular: Asia Pacific Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Moisture-Resistant

7.4.1        Overview

7.4.2        Moisture-Resistant: Asia Pacific Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

7.4.3        Moisture-Resistant: Asia Pacific Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Plaster Baseboard

7.5.1        Overview

7.5.2        Plaster Baseboard: Asia Pacific Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

7.5.3        Plaster Baseboard: Asia Pacific Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)

7.6         Paperless

7.6.1        Overview

7.6.2        Paperless: Asia Pacific Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

7.6.3        Paperless: Asia Pacific Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)

7.7         Type X

7.7.1        Overview

7.7.2        Type X: Asia Pacific Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

7.7.3        Type X: Asia Pacific Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)

7.8         Others

7.8.1        Overview

7.8.2        Others: Asia Pacific Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

7.8.3        Others: Asia Pacific Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)

8.           Asia Pacific Drywall Panels Market Analysis – By Application

8.1         Overview

8.2         Asia Pacific Drywall Panels Market, By Application (2021 and 2028)

8.3         Residential

8.3.1        Overview

8.3.2        Residential: Asia Pacific Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Non-Residential

8.4.1        Overview

8.4.2        Non-Residential: Asia Pacific Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)

9.           Asia Pacific Drywall Panels Market – Country Analysis

9.1         Overview

9.1.1        Asia Pacific: Drywall Panels Market, by Key Country

9.1.1.1          Australia: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

9.1.1.2          Australia: Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1          Australia: Drywall Panels Market, by Type

9.1.1.2.2          Australia: Drywall Panels Market, by Type

9.1.1.2.3          Australia: Drywall Panels Market, by Application

9.1.1.3          China: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

9.1.1.4          China: Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1          China: Drywall Panels Market, by Type

9.1.1.4.2          China: Drywall Panels Market, by Type

9.1.1.4.3          China: Drywall Panels Market, by Application

9.1.1.5          India: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

9.1.1.6          India: Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1          India: Drywall Panels Market, by Type

9.1.1.6.2          India: Drywall Panels Market, by Type

9.1.1.6.3          India: Drywall Panels Market, by Application

9.1.1.7          Japan: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

9.1.1.8          Japan: Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.8.1          Japan: Drywall Panels Market, by Type

9.1.1.8.2          Japan: Drywall Panels Market, by Type

9.1.1.8.3          Japan: Drywall Panels Market, by Application

9.1.1.9          South Korea: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

9.1.1.10       South Korea: Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.10.1       South Korea: Drywall Panels Market, by Type

9.1.1.10.2       South Korea: Drywall Panels Market, by Type

9.1.1.10.3       South Korea: Drywall Panels Market, by Application

9.1.1.11       Rest of Asia Pacific: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

9.1.1.12       Rest of Asia Pacific: Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

9.1.1.12.1       Rest of Asia Pacific: Drywall Panels Market, by Type

9.1.1.12.2       Rest of Asia Pacific: Drywall Panels Market, by Type

9.1.1.12.3       Rest of Asia Pacific: Drywall Panels Market, by Application

10.        Industry Landscape

10.1      Product launch

10.2      Expansion

10.3      Merger & Acquisition

11.        Company Profiles

11.1      Georgia-Pacific LLC

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2      Yoshino Gypsum Co Ltd

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3      Compagnie de Saint Gobain SA

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4      Sadaf Gypsum Co

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      Knauf Gips KG

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6      Isam Khairi Kabbani Group

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

12.        Appendix

12.1      About The Insight Partners

12.2      Glossary of Terms

LIST OF TABLES

Table 1.             Asia Pacific Drywall Panels Market –Volume and Forecast to 2028 (Million Square Meter)

Table 2.             Asia Pacific Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

Table 3.             Australia Drywall Panels Market, by Type– Volume and Forecast to 2028 (Million Square Meter)

Table 4.             Australia Drywall Panels Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 5.             Australia Drywall Panels Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6.             China Drywall Panels Market, by Type – Volume and Forecast to 2028 (Million Square Meter)

Table 7.             China Drywall Panels Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 8.             China Drywall Panels Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 9.             India Drywall Panels Market, by Type – Volume and Forecast to 2028 (Million Square Meter)

Table 10.          India Drywall Panels Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 11.          India Drywall Panels Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Japan Drywall Panels Market, by Type – Volume and Forecast to 2028 (Million Square Meter)

Table 13.          Japan Drywall Panels Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Japan Drywall Panels Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 15.          South Korea Drywall Panels Market, by Type – Volume and Forecast to 2028 (Million Square Meter)

Table 16.          South Korea Drywall Panels Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 17.          South Korea Drywall Panels Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Rest of Asia Pacific Drywall Panels Market, by Type – Volume and Forecast to 2028 (Million Square Meter)

Table 19.          Rest of Asia Pacific Drywall Panels Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 20.          Rest of Asia Pacific Drywall Panels Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 21.          Glossary of Terms, Asia Pacific Drywall Panels Market

LIST OF FIGURES

Figure 1.           Asia Pacific Drywall Panels Market Segmentation

Figure 2.           Asia Pacific Drywall Panels Market Segmentation – By Country

Figure 3.           Asia Pacific Drywall Panels Market Overview

Figure 4.           Asia Pacific Drywall Panels Market, By Type

Figure 5.           Asia Pacific Drywall Panels Market, by Country

Figure 6.           Porter's Five Forces Analysis

Figure 7.           Ecosystem: Asia Pacific Drywall Panels Market

Figure 8.           Expert Opinions

Figure 9.           Asia Pacific Drywall Panels Market Impact Analysis of Drivers and Restraints

Figure 10.        Asia Pacific Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

Figure 11.        Asia Pacific Drywall Panels Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Asia Pacific Drywall Panels Market Revenue Share, By Type (2021 and 2028)

Figure 13.        Regular: Asia Pacific Drywall Panels Market – Volume and Forecast To 2028 (Million Square Meter)

Figure 14.        Regular: Asia Pacific Drywall Panels Market – Revenue and Forecast To 2028 (US$ Million)

Figure 15.        Moisture-Resistant : Asia Pacific Drywall Panels Market – Volume and Forecast To 2028 (Million Square Meter)

Figure 16.        Moisture-Resistant : Asia Pacific Drywall Panels Market – Revenue and Forecast To 2028 (US$ Million)

Figure 17.        Plaster Baseboard: Asia Pacific Drywall Panels Market – Volume and Forecast To 2028 (Million Square Meter)

Figure 18.        Plaster Baseboard: Asia Pacific Drywall Panels Market – Revenue and Forecast To 2028 (US$ Million)

Figure 19.        Paperless: Asia Pacific Drywall Panels Market – Volume and Forecast To 2028 (Million Square Meter)

Figure 20.        Paperless: Asia Pacific Drywall Panels Market – Revenue and Forecast To 2028 (US$ Million)

Figure 21.        Type X: Asia Pacific Drywall Panels Market – Volume and Forecast To 2028 (Million Square Meter)

Figure 22.        Type X: Asia Pacific Drywall Panels Market – Revenue and Forecast To 2028 (US$ Million)

Figure 23.        Others: Asia Pacific Drywall Panels Market – Volume and Forecast To 2028 (Million Square Meter)

Figure 24.        Others: Asia Pacific Drywall Panels Market – Revenue and Forecast To 2028 (US$ Million)

Figure 25.        Asia Pacific Drywall Panels Market Revenue Share, By Application (2021 and 2028)

Figure 26.        Residential: Asia Pacific Drywall Panels Market – Revenue and Forecast To 2028 (US$ Million)

Figure 27.        Non-Residential: Asia Pacific Drywall Panels Market – Revenue and Forecast To 2028 (US$ Million)

Figure 28.        Asia Pacific: Drywall Panels Market, by Key Country - Revenue (2021) (US$ Million)

Figure 29.        Asia Pacific: Drywall Panels Market Revenue Share, by Key Country (2021 and 2028)

Figure 30.        Australia: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

Figure 31.        Australia: Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

Figure 32.        China: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

Figure 33.        China: Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

Figure 34.        India: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

Figure 35.        India: Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

Figure 36.        Japan: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

Figure 37.        Japan: Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

Figure 38.        South Korea: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

Figure 39.        South Korea: Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

Figure 40.        Rest of Asia Pacific: Drywall Panels Market – Volume and Forecast to 2028 (Million Square Meter)

Figure 41.        Rest of Asia Pacific: Drywall Panels Market –Revenue and Forecast to 2028 (US$ Million)

  1. Compagnie de Saint Gobain SA 
  2. Georgia-Pacific LLC
  3. Isam Khairi Kabbani Group
  4. Knauf Gips KG
  5. Sadaf Gypsum Co
  6. Yoshino Gypsum Co Ltd
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific drywall panels market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific drywall panels market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the drywall panels market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
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