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Canada Drywall Market

Canada Drywall Market Analysis, Trends, Size, Forecast: By Type: Standard, Fire-Resistant, Mould/Moisture Resistant; By Application: Residential, Commercial; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

Canada Drywall Market Outlook

The Canada market size for drywall reached a value of USD 1,443.77 million in 2023. The market is expected to grow at a CAGR of 5.5% in the forecast period of 2024-2032, reaching a projected value of USD 2,337.60 million by 2032.

 

canada drywall market

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Key Trends in the Market

Drywalls, sometimes referred to as wallboard, plasterboard, or gypsum board, are gypsum panels used to build walls and ceilings. They typically consist of flat panels of plaster that are encased between sheets of paper and are connected to metal or wood using screws or nails. Drywalls are considered to be better than direct plaster because they dry faster, are easier to repair, and installation also costs less.

 

  • Innovation of drywall-based construction techniques is predicted to increase as more construction firms are expected to open up across Canada. As a result, the market for drywall is expected to a surge in demand from new and existing construction companies.
  • Increased urban housing demand is anticipated to encourage spending on residential construction, which will likely fuel the Canada drywall market expansion. Drywall is emerging as a cost-effective and fast means of constructing residences, due to which it is increasingly being preferred for residential construction.
  • Another factor contributing to the Canada drywall market growth is the rising trend of residential remodelling, repair, and maintenance. With the growing popularity of do-it-yourself (DIY) projects on social media platforms and changing home décor trends, more consumers are purchasing drywall.
  • Among the Canada drywall market trends, is the influx of new drywall products in the market that are enhancing the applications and usefulness of drywalls. These products include flexible beads for plasterboards, multi-layered gypsum panels, and prefabricated plasterboard soffit framing systems, among others.

 

Canada Drywall Market Analysis

Based on type, the market is divided into standard, fire-resistant, and mould/moisture resistant. On the basis of application, the market is segmented into residential and commercial. The major regional markets for drywall in Canada include Northern Canada, British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.

 

canada drywall market by segmentation

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Canada drywall market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

 

  • CGC Inc.
  • CertainTeed
  • Georgia-Pacific LLC
  • Gold Bond Building Products, LLC.
  • Envirowall Partition Systems Limited
  • Armstrong World Industries, Inc.
  • Others

 

Canada Drywall Market Share by Type

Standard type of drywall is expected to account for a sizable share of the drywall market in Canada as it is used to build standard walls and ceilings as well as partitions. It can be readily inserted and removed, is low cost, and may be cut to any size. Fire-resistant drywall is utilised to add additional fire safety to specialised construction projects such as schools and hospitals, however, its relatively higher costs pose as an impediment to its widespread usage.

 

Mould/moisture resistant drywall, also known as ‘greenboard’, is typically used in bathrooms, around bathtubs and shower stalls, or in kitchens near sinks, to prevent water damage to the wall structures. This type of drywall is less susceptible to moisture damage than normal drywall because of water-resistant facing, although exposed edges must be adequately sealed for best efficiency.

 

Canada Drywall Market Share by Application

Drywalls are frequently used in residential buildings as a covering material for interior walls and ceilings, aiding in providing support and extending the lifespan of walls while providing a smooth surface that can be used for décor. Over the course of the forecast period, the Canada drywall market is anticipated to be driven by the rising demand for residential projects across the country. Increasing government investment in residential real estate, expanding home construction, significant urban migration, and rising demand for premium residential properties are further increasing the residential applications of drywall in Canada.

 

canada drywall market by region

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Competitive Landscape

CGC Inc., headquartered in Ontario, Canada, and founded in 1907, is a significant marketer, manufacturer, and distributor of suspended acoustical ceilings, interior finishing materials, and gypsum wallboard products. CGC is renowned as a major participant in Canada's dynamic building materials sector, innovating wall and ceiling solutions for new constructions as well as repairing and remodelling existing constructions in the residential, institutional, and commercial sectors.

 

CertainTeed is a leading brand of environmentally friendly exterior and interior building products in North America. The company, established in 1904 and headquartered in Pennsylvania in the United States, manufactures a variety of products including roofing, siding, fences, decking, railings, trim, insulation, gypsum, and ceilings. CertainTeed aims to become the go-to option for cutting-edge building products and solutions by providing a greater customer experience.

 

Envirowall Partition Systems Limited, headquartered in Ontario, Canada, and established in 1980, is a manufacturing firm that offers a variety of affordable building materials for the construction of residential dwellings, prefabricated homes, and interior workplaces. The products of the company enable customers to build projects more quickly and cleanly than with traditional plasterboard construction, resulting in projects that are finished on schedule and within budget.

 

Other market players include Georgia-Pacific LLC, Gold Bond Building Products, LLC., and Armstrong World Industries, Inc., among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Region
Breakup by Type
  • Standard
  • Fire-Resistant
  • Mould/Moisture Resistant
Breakup by Application
  • Residential
  • Commercial
Breakup by Region
  • Northern Canada
  • British Columbia
  • Alberta
  • The Prairies
  • Central Canada
  • Atlantic Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • CGC Inc.
  • CertainTeed
  • Georgia-Pacific LLC
  • Gold Bond Building Products, LLC.
  • Envirowall Partition Systems Limited
  • Armstrong World Industries, Inc.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    North America Drywall Market Overview

    8.1    Key Industry Highlights
    8.2    North America Drywall Historical Market (2018-2023) 
    8.3    North America Drywall Market Forecast (2024-2032)
    8.4    North America Drywall Market Share by Country
        8.4.1    United States of America
        8.4.2    Canada
9    Canada Drywall Market Overview
    9.1    Key Industry Highlights
    9.2    Canada Drywall Historical Market (2018-2023) 
    9.3    Canada Drywall Market Forecast (2024-2032)
10    Canada Drywall Market by Type
    10.1    Standard
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Fire-Resistant
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Mould/Moisture Resistant
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
11    Canada Drywall Market by Application
    11.1    Residential
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Commercial
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
12    Canada Drywall Market by Region
    12.1    Northern Canada
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    British Columbia
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Alberta
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    The Prairies
        12.4.1    Historical Trend (2018-2023) 
        12.4.2    Forecast Trend (2024-2032)
    12.5    Central Canada
        12.5.1    Historical Trend (2018-2023) 
        12.5.2    Forecast Trend (2024-2032)
    12.6    Atlantic Canada
        12.6.1    Historical Trend (2018-2023) 
        12.6.2    Forecast Trend (2024-2032)
13    Market Dynamics
    13.1    SWOT Analysis
        13.1.1    Strengths
        13.1.2    Weaknesses
        13.1.3    Opportunities
        13.1.4    Threats
    13.2    Porter’s Five Forces Analysis
        13.2.1    Supplier’s Power
        13.2.2    Buyer’s Power
        13.2.3    Threat of New Entrants
        13.2.4    Degree of Rivalry
        13.2.5    Threat of Substitutes
    13.3    Key Indicators for Demand
    13.4    Key Indicators for Price
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    CGC Inc.
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    CertainTeed
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Georgia-Pacific LLC
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Gold Bond Building Products, LLC.
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Envirowall Partition Systems Limited
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Armstrong World Industries, Inc.
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    Others
15    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    North America Drywall Market: Key Industry Highlights, 2018 and 2032
2.    Canada Drywall Market: Key Industry Highlights, 2018 and 2032
3.    Canada Drywall Historical Market: Breakup by Type (USD Million), 2018-2023
4.    Canada Drywall Market Forecast: Breakup by Type (USD Million), 2024-2032
5.    Canada Drywall Historical Market: Breakup by Application (USD Million), 2018-2023
6.    Canada Drywall Market Forecast: Breakup by Application (USD Million), 2024-2032
7.    Canada Drywall Historical Market: Breakup by Region (USD Million), 2018-2023
8.    Canada Drywall Market Forecast: Breakup by Region (USD Million), 2024-2032
9.    Canada Drywall Market Structure

Key Questions Answered in the Report

The Canada drywall market forecast indicates a promising growth rate of 5.5% between 2024 and 2032.

The major drivers of the market are the growing construction sector, rising demand for urban housing, and increasing prevalence of repair, remodelling, and renovation in the residential sector.

The key trends propelling the growth of the market include innovations in drywall-based construction techniques, new technologies being developed for drywalls, and increased government spending in the real estate market for residential construction.

The various types of drywalls are standard, fire-resistant, and mould/moisture resistant.

The major applications of the drywalls market in Canada are residential and commercial.

The major regions for drywall market in Canada include Northern Canada, British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.

Drywall, sometimes referred to as plasterboard or wallboard, is made up of two paperboards sandwiching gypsum, a mineral sulphate that is typically white or grey in colour.

Drywall can be used to create arches, eaves, separation walls, and smooth surfaces for further interior décor.

Drywall tends to be vulnerable to damage as it is relatively soft, and can easily be dented or scratched. Durability of drywall is also limited due to which it may more frequent replacements as compared to other materials.

The major players in the Canada drywall market are CGC Inc., CertainTeed, Georgia-Pacific LLC, Gold Bond Building Products, LLC., Envirowall Partition Systems Limited, and Armstrong World Industries, Inc., among others.

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