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The South Africa gypsum plaster market size reached a volume of almost 160,926 tons in the year 2022. The market is further expected to grow at a CAGR of 6.7% between 2023 and 2028.
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The market is driven by the revival of the construction sector within the region. The market in South Africa supports the growth of the global gypsum plaster market, which is accelerated by the rising awareness among the masses regarding environment-friendly properties of the product, resulting in a huge demand from the renovation and construction sector. Further, the rising disposable income and enhanced living standards are aiding the market growth.
Gypsum plaster is a white cementing material, composed of the partial or completely dehydrated mineral gypsum, usually with the addition of special retarders or hardeners. When the gypsum plaster is applied with water, it sets and solidifies by the chemical recombination of the gypsum with water.
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The industry is bifurcated on the basis of type into:
Currently, regular gypsum plaster exhibits the most significant segment, holding the majority of the market share.
On the basis of sector, the industry is segmented into:
Amongst these, the residential sector accounts for the largest share in the industry.
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The South Africa gypsum plaster market is driven by the inflating disposable income and rapid urbanisation within the region. The industry is further aided by the rising awareness among consumers regarding environmentally-friendly and safer construction materials, which has resulted in an increased demand for gypsum plaster in retrofitting and renovation of old buildings. Gypsum plaster hardens on drying and is used in the construction of coating walls, partitions, and ceilings, owing to which it is preferred by builders and construction companies for use in moulding of interior design elements and sculptural forms, thereby, accelerating the market growth.
Other properties of the product aiding the industry growth include good insulation properties, reducing the building's structural load, and is light in weight. In addition to this, the expanding tourism sector is increasing the demand for hotels and commercial complexes, leading to the growth of the industry in South Africa. The industry is further enhanced by the favourable government initiatives and rising demand for quality housing and improved living standards.
The report gives a detailed analysis of the following key players in the South Africa gypsum plaster market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
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.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Sector |
Breakup by Type | Regular Gypsum Plaster, Moisture Resistant Gypsum Plaster |
Breakup by Sector | Residential, Commercial, Industrial, Others |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Trade Data Analysis | Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume |
Price Analysis | Historical and Forecast Price Trends- Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Saint-Gobain Gyproc, Pudlo, Pelican Systems, Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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 South Africa Gypsum Plaster Market Snapshot
7 Opportunities and Challenges in the Market
8 South Africa Gypsum Plaster Market Analysis
8.1 Key Industry Highlights
8.2 South Africa Gypsum Plaster Historical Market (2018-2022)
8.3 South Africa Gypsum Plaster Market Forecast (2023-2028)
8.4 South Africa Gypsum Plaster Market by Type
8.4.1 Regular Gypsum Plaster
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Moisture Resistant Gypsum Plaster
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 South Africa Gypsum Plaster Market by Sector
8.5.1 Residential
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Commercial
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Industrial
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyers Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Value Chain Analysis
11 Trade Data Analysis (HS Code - 252021)
11.1 Major Importing Countries
11.1.1 By Volume
11.1.2 By Value
11.2 Major Exporting Countries
11.2.1 By Volume
11.2.2 By Value
12 Price Analysis
12.1 South Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Saint-Gobain Gyproc
13.2.1.1 Company Overview
13.2.1.2 Company Description
13.2.2 Pudlo
13.2.2.1 Company Overview
13.2.2.2 Company Description
13.2.3 Pelican Systems
13.2.3.1 Company Overview
13.2.3.2 Company Description
13.2.4 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. South Africa Gypsum Plaster Market: Key Industry Highlights, 2018 and 2028
2. South Africa Gypsum Plaster Historical Market: Breakup by Type (Tons), 2018-2022
3. South Africa Gypsum Plaster Market Forecast: Breakup by Type (Tons), 2023-2028
4. South Africa Gypsum Plaster Historical Market: Breakup by Sector (Tons), 2018-2022
5. South Africa Gypsum Plaster Market Forecast: Breakup by Sector (Tons), 2023-2028
6. Major Importing Countries by Volume (2020)
7. Major Exporting Countries by Volume (2020)
8. Major Importing Countries by Value Million USD (2020)
9. Major Exporting Countries by Value Million USD (2020)
10. South Africa Gypsum Plaster Historical Price Trends and Forecast 2018-2028
11. South Africa Gypsum Plaster Market Structure
The market reached a volume of almost 160,926 tons in 2022.
The market is projected to grow at a CAGR of nearly 6.7% in the forecast period of 2023-2028.
The major drivers of the market include rising disposable incomes, increasing population, growing construction industry, expanding tourism sector, and rising awareness among consumers regarding environment-friendly materials.
The favourable government initiatives and rapid urbanisation are expected to be the key trends guiding the growth of the market.
Regular gypsum plaster and moisture resistant gypsum plaster are the types of gypsum plaster in the market.
The residential, commercial, and industrial, among others are the major sectors of gypsum plaster in the market.
The key players in the South Africa gypsum plaster market are Saint-Gobain Gyproc, Pudlo, and Pelican Systems, among others.
The South Africa gypsum plaster market attained a volume of almost 160,926 tons in 2022, driven by the growth in the construction industry. Aided by the rising awareness among consumers regarding environmentally-friendly construction materials, the industry is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6.7%.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its types, the market can be segmented into regular and moisture resistant gypsum plaster, with regular gypsum plaster accounting for the largest market share. On the basis of sector, the residential sector accounts for the largest share in the South Africa industry. The key players in the above industry include Saint-Gobain Gyproc, Pudlo, and Pelican Systems, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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