Mexico Gypsum Board Market Size, Share, Trends and Forecast by Product Type, End Use, and Region, 2025-2033

Mexico Gypsum Board Market Size, Share, Trends and Forecast by Product Type, End Use, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A33956

Mexico Gypsum Board Market Overview:

The Mexico gypsum board market size reached USD 475.50 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 723.86 Million by 2033, exhibiting a growth rate (CAGR) of 4.78% during 2025-2033. The market is being driven by a surge in residential and commercial construction activities, increased demand for sustainable and cost-effective building materials, and government initiatives promoting infrastructure development. Additionally, the growing preference for fire-resistant and moisture-resistant gypsum boards in various applications is acting as another significant growth-inducing factor.

Report Attribute 
Key Statistics
Base Year
2024
Forecast Years
2025-2033
Historical Years
2019-2024
Market Size in 2024 USD 475.50 Million
Market Forecast in 2033 USD 723.86 Million
Market Growth Rate 2025-2033 4.78%


Mexico Gypsum Board Market Trends:

Expansion of Residential and Commercial Construction Activities

Mexico’s booming residential and commercial construction sector is fueling robust growth in the gypsum board market. According to the National Institute of Statistics and Geography (INEGI), the country’s construction production volume rose by 6.3% year-on-year in the first nine months of 2024, driven by notable increases in building construction (8.4%), civil engineering works (2.3%), and specialized construction activities (0.8%). This growth aligns with Mexico’s rising urbanization, as approximately 82% of the population currently resides in urban areas, a figure expected to climb to 88% by 2050. The increasing migration to cities is boosting demand for housing and commercial infrastructure, which in turn drives the use of gypsum boards for interior walls and ceilings due to their practicality and cost-efficiency. Government-backed initiatives supporting affordable housing and infrastructure development further amplify this demand. These programs often encourage the use of economical and easy-to-install building materials, making gypsum boards an ideal choice in meeting the rising needs of Mexico’s expanding urban landscape.

Mexico Gypsum Board Market Size

Adoption of Sustainable and Fire-Resistant Building Materials

In 2023, Mexico secured the 10th spot globally among the top countries and regions for certified LEED green building projects, highlighting its growing commitment to sustainable construction. This shift is driving increased demand for eco-friendly and fire-resistant building materials, with gypsum boards emerging as a preferred choice. Renowned for their recyclability, low environmental impact, and compliance with global sustainability standards, gypsum boards are gaining traction across the sector. Additionally, approximately 40% of Mexico's land area and over 25% of its population are vulnerable to natural disasters such as storms, hurricanes, and floods. The rising frequency of such events, along with the growing threat of wildfires, has heightened the need for fire-resistant materials. Given their proven fire-resistant properties, gypsum boards are increasingly favored in disaster-prone areas, a trend expected to bolster their market demand in the coming years.

Mexico Gypsum Board Market Segmentation:

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:

  • Wallboard
  • Ceiling Board
  • Pre-decorated Board
  • Others 

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:

Mexico Gypsum Board Market By End Use

  • Residential
  • Corporate
  • Commercial
  • Institutional

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:

  • Northern Mexico
  • Central Mexico
  • Southern Mexico
  • Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Mexico, Central Mexico, Southern Mexico, and others.

Competitive Landscape:

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.

Mexico Gypsum Board Market News:

  • April 2025: The Government of Mexico announced a plan to build 1.1 million affordable homes by 2030. This initiative is anticipated to significantly increase the demand for gypsum board, a key material in housing development, owing to its cost-effectiveness and versatility.
  • December 2024: Kimpton Hotels, part of IHG Hotels & Resorts, announced plans to open Kimpton Monterrey in 2026, located within Torre Rise, which is expected to be the tallest tower in Latin America. The development will reportedly feature 120 guestrooms and 60 branded residences. Such large-scale projects typically utilize gypsum board for interior walls and ceilings due to its fire resistance, sound insulation, and ease of installation.

Mexico Gypsum Board Market Report Coverage:

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 Type
  • End Use
  • Region
Product Types Covered Wallboard, Ceiling Board, Pre-decorated Board, Others
End Uses Covered Residential, Corporate, Commercial, Institutional
Regions Covered Northern Mexico, Central Mexico, Southern Mexico, Others
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:

  • How has the Mexico gypsum board market performed so far and how will it perform in the coming years?
  • What is the breakup of the Mexico gypsum board market on the basis of product type?
  • What is the breakup of the Mexico gypsum board market on the basis of end use?
  • What are the various stages in the value chain of the Mexico gypsum board market? 
  • What are the key driving factors and challenges in the Mexico gypsum board?
  • What is the structure of the Mexico gypsum board market and who are the key players?
  • What is the degree of competition in the Mexico gypsum board market? 

Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Mexico gypsum board market from 2019-2033.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the Mexico gypsum board market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Mexico gypsum board industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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Mexico Gypsum Board Market Size, Share, Trends and Forecast by Product Type, End Use, and Region, 2025-2033
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