Europe Gypsum Board Market Size (2024 - 2029)

The Europe gypsum board market is experiencing growth, driven by increased demand in residential construction and repair activities, despite challenges such as susceptibility to water damage and environmental concerns related to landfill disposal. The market's expansion was initially hindered by the COVID-19 outbreak, but it has since recovered due to rising consumption in various sectors. Future construction investments are expected to offer significant opportunities, contributing to the market's positive trajectory over the forecast period.

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Market Size of Europe Gypsum Board Industry

Europe Gypsum Board - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.00 %
Market Concentration High

Major Players

Europe Gypsum Board Market Major Players

*Disclaimer: Major Players sorted in no particular order

Europe Gypsum Board Market Analysis

The Europe gypsum board market is anticipated to reach over 3,400 million sq m by the end of this year. It is expected to register a CAGR greater than 5% during the forecast period.

During the COVID-19 outbreak, there was a negative impact on the gypsum market in Europe. However, the market recovered significantly in 2021, owing to rising consumption from various end-use applications, including residential, commercial sectors, and others.

  • Over the short term, key factors driving the market's growth include increasing product demand for residential construction and rising repair activities across Europe. They are projected to fuel the market growth throughout the forecast period.
  • However, gypsum boards are susceptible to water damage due to their hygroscopic qualities. Furthermore, depositing gypsum boards in landfills can cause environmental problems such as leaking harmful compounds into groundwater and releasing methane gas. Such issues are restricting the market growth expansion over the forecast period.
  • Nevertheless, future construction investments will likely create lucrative opportunities for the Europe gypsum board market over the forecast period.

Europe Gypsum Board Industry Segmentation

Gypsum boards are a common building material used for partitions and lining walls, roofs, ceilings, and floors. These boards are constructed of a set gypsum core surfaced with specially created paper firmly adhered to the core. Gypsum board is also known as drywall, plasterboard, and wallboard. The gypsum board market is segmented by type, end-user industry, and geography. By type, the market is segmented into wallboard, ceiling board, and pre-decorated board. By end-user, the market is segmented into the residential, institutional, industrial, and commercial sectors. The report also covers the market sizes and forecasts for the gypsum board market in 4 countries across Europe. For each segment, the market sizing and forecasts have been done based on volume (million sq m).

Type
Wall Board
Ceiling Board
Pre-decorated Board
End-User Industry
Residential Sector
Institutional Sector
Industrial Sector
Commercial Sector
Geography
Germany
United Kingdom
Mexico
Italy
Rest of Europe
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Europe Gypsum Board Market Size Summary

The Europe gypsum board market is poised for significant growth, driven by increasing demand in residential construction and repair activities across the region. The market, which experienced a downturn during the COVID-19 pandemic, rebounded strongly in 2021 due to heightened consumption in residential and commercial sectors. Gypsum boards, known for their cost-effectiveness and efficiency in building lightweight and durable walls, are becoming increasingly popular in European countries, particularly as urbanization accelerates. The market is further bolstered by government investments in real estate and infrastructure, which are expected to create lucrative opportunities for market expansion. However, challenges such as the environmental impact of gypsum board disposal and their susceptibility to water damage pose constraints to market growth.

In France, the construction industry is a key driver of gypsum board demand, supported by rapid urbanization and rising household incomes. The country's robust economy and strategic position as a potential EU headquarters post-Brexit make it an attractive market for international investments. Government initiatives, such as the Housing First Plan and infrastructure projects like the Grand Paris Express, are expected to enhance the residential building sector, further boosting gypsum board demand. Similarly, in other European nations, government spending on housing and infrastructure projects is anticipated to drive market growth. The market is consolidated, with major players like Saint Gobain and Knauf leading the industry, and recent acquisitions and joint ventures are expected to strengthen their market positions and expand their offerings.

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Europe Gypsum Board Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand from Residential Construction

      2. 1.1.2 Rising Repair Activities

    2. 1.2 Restraints

      1. 1.2.1 Gypsum Boards are Prone to Water Damage

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Volume)

    1. 2.1 Type

      1. 2.1.1 Wall Board

      2. 2.1.2 Ceiling Board

      3. 2.1.3 Pre-decorated Board

    2. 2.2 End-User Industry

      1. 2.2.1 Residential Sector

      2. 2.2.2 Institutional Sector

      3. 2.2.3 Industrial Sector

      4. 2.2.4 Commercial Sector

    3. 2.3 Geography

      1. 2.3.1 Germany

      2. 2.3.2 United Kingdom

      3. 2.3.3 Mexico

      4. 2.3.4 Italy

      5. 2.3.5 Rest of Europe

Europe Gypsum Board Market Size FAQs

The Europe Gypsum Board Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

Saint Gobain, Georgia-Pacific LLC, Knauf, Etex Group and Fermacell are the major companies operating in the Europe Gypsum Board Market.

Europe Gypsum Board Report Snapshots

Europe Gypsum Board Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)