The Australia gypsum board market size reached USD 634.00 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 960.19 Million by 2033, exhibiting a growth rate (CAGR) of 4.72% during 2025-2033. The market is being driven by an expanding housing sector, increased infrastructure investments, and a shift toward sustainable construction materials. Moreover, the launch of favorable government housing initiatives and the adoption of lightweight, fire-resistant drywall solutions in both residential and commercial projects are also acting as growth-inducing factors.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 634.00 Million |
Market Forecast in 2033 | USD 960.19 Million |
Market Growth Rate 2025-2033 | 4.72% |
Emphasis on Sustainable and Energy-Efficient Construction
Australia's commitment to sustainability is reshaping its construction industry, with gypsum boards playing a crucial role due to their eco-friendly properties. These boards are lightweight, recyclable, and contribute to energy efficiency, aligning with the nation's environmental objectives. The introduction of stricter energy efficiency standards by the National Construction Code (NCC) has driven builders to select materials like gypsum boards, which comply with the NCC's 2022 requirement for new homes to achieve a 7-star energy rating. Additionally, buildings certified under the Green-Star system, which promotes the use of sustainable materials like gypsum boards, have reduced greenhouse gas emissions. Over 12 million square meters of building space are now Green-Star certified in Australia. Manufacturers are responding to this demand by enhancing gypsum boards with improved thermal insulation and moisture resistance, further supporting the shift toward sustainable construction practices and helping achieve these important environmental goals.
Expansion of the Residential Housing Sector
Australia's residential housing sector is experiencing a strong rebound, driving demand for construction materials such as gypsum boards. Government initiatives like the HomeBuilder program have spurred residential construction, resulting in increased usage of gypsum boards for interior applications. As of June 30, 2022, Australia had a dwelling stock of 10,879,349 homes, with dwelling commencements rising by 4.6% to 43,247 in September 2024, according to seasonally adjusted figures. Additionally, the Australian Bureau of Statistics reported a 15% increase in building approvals for private sector houses in 2023, signaling a robust pipeline of residential projects where gypsum boards are essential for walls and ceilings. Urbanization trends and population growth in cities like Sydney and Melbourne further boost housing demand, with developers opting for cost-effective and efficient building methods. Gypsum boards are particularly favored for their ease of installation and versatility. The renovation market is also growing, as homeowners use gypsum boards to enhance interior aesthetics and functionality, further solidifying their role in Australia's construction landscape.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on product type, and end use.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes wallboard, ceiling board, pre-decorated board, and others.
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes residential, corporate, commercial, and institutional.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Product Types Covered | Wallboard, Ceiling Board, Pre-decorated Board, Others |
End Uses Covered | Residential, Corporate, Commercial, Institutional |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: