Canada Drywall Market Size, Share, Growth & Industry Forecast

Canada Drywall Market Outlook

The Canada drywall market size has witnessed notable growth, driven by increased construction activities and rising demand for cost-effective, durable building materials. According to Expert Market Research (EMR), the Canada drywall market achieved a significant value of USD 1,308.90 million in 2023, supported by a robust housing sector and an increasing preference for sustainable and fire-resistant materials. The market is anticipated to grow further at a steady CAGR 6.6% from 2024 to 2032, reaching a value of around USD 2,184.25 million by 2032. fuelled by ongoing developments in residential, commercial, and institutional construction.

Drywall, also known as gypsum board or plasterboard, is a building material widely used in interior wall and ceiling applications. Made from gypsum sandwiched between two thick sheets of paper, drywall offers a smooth finish and is relatively easy to install. Its benefits include sound insulation, fire resistance, and moisture resistance, making it a preferred choice for builders and contractors. As construction standards evolve and environmental regulations tighten, demand for high-performance, sustainable drywall products is set to drive the market’s growth.

Key Drivers of the Canada Drywall Market

One of the primary drivers of the Canada drywall market is the surge in residential construction activities. With a growing population, urbanization, and a steady influx of immigrants, Canada has experienced significant housing demand in recent years. The country’s housing market has seen strong performance, with a particular need for multi-family dwellings and affordable housing solutions. Drywall serves as a cost-effective solution in such projects, providing a durable yet budget-friendly option that meets the needs of both builders and homeowners.

Commercial and institutional construction projects are also contributing to the drywall market’s expansion in Canada. Various sectors, including healthcare, education, retail, and hospitality, are investing in new buildings and renovations to meet modern standards. The requirement for durable and fire-resistant materials in these applications has made drywall an essential component, boosting its adoption across non-residential sectors. Additionally, as companies increasingly prioritize sustainable building practices, the market for eco-friendly and recyclable drywall products has grown, further supporting market growth.

The rise in DIY (do-it-yourself) home improvement projects has also contributed to the market. Canadian homeowners are increasingly taking on renovation projects themselves, with drywall installation being a popular choice due to its simplicity and accessibility. This trend has led to increased sales of drywall through retail outlets and e-commerce platforms, helping drive market growth across multiple distribution channels.

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Key Trends in the Market

The adoption of sustainable building materials is one of the notable trends shaping the Canada drywall market. As environmental concerns rise, manufacturers are increasingly focusing on producing drywall with lower carbon footprints, using recycled content, and ensuring minimal waste during manufacturing. LEED (Leadership in Energy and Environmental Design) certification is an important factor in Canada’s construction industry, driving demand for eco-friendly drywall options. The focus on sustainable construction practices is expected to foster innovation in drywall materials and manufacturing processes over the forecast period.

Another significant trend is the development of lightweight drywall products. Traditional drywall can be heavy and cumbersome to handle, which impacts installation time and labor costs. In response, manufacturers have introduced lightweight drywall, which is easier to transport and install without compromising structural integrity. This type of drywall is particularly appealing in renovation projects where ease of handling is a priority. Lightweight drywall also benefits construction teams working in high-rise buildings, where material transport can be a logistical challenge.

Enhanced drywall products with improved resistance properties are also becoming more prevalent. Fire-resistant drywall, for example, is crucial in multi-family residential projects and commercial buildings, where safety regulations require materials that can withstand high temperatures. Additionally, soundproof drywall, designed to reduce noise transmission, is increasingly used in urban areas where noise pollution is a concern. These specialized drywall types are likely to experience strong growth as regulatory standards continue to prioritize safety and performance in building materials.

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Canada Drywall Market Segmentation

The market can be divided based on type, application, and region.

Market Breakup by Type

Standard
Fire-Resistant
Mould/Moisture Resistant

Market Breakup by Application

Residential
Commercial

Market Breakup by Region

Northern Canada
British Columbia
Alberta
The Prairies
Central Canada
Atlantic Canada

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Canada drywall market. Some of the major players explored in the report by Expert Market Research are as follows:

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

Challenges Facing the Canada Drywall Market

Despite the growth prospects, the Canada drywall market faces several challenges. The volatile cost of raw materials, particularly gypsum, can impact production costs and pricing. Gypsum prices are influenced by supply chain factors, energy costs, and international trade policies, which can create fluctuations in the cost of drywall products. Additionally, as the construction industry increasingly seeks sustainable materials, drywall manufacturers are under pressure to innovate and meet new environmental standards, which may require significant investments in research and development.

The labor shortage in Canada’s construction industry is another notable challenge. The drywall installation process requires skilled labor, and the industry has faced difficulties in recruiting and retaining qualified workers. This shortage can lead to project delays and increased labor costs, impacting the market’s overall growth. Moreover, installation errors can result in costly repairs or replacements, emphasizing the need for training programs and skilled professionals in the drywall sector.

Future Outlook and Opportunities

The Canada drywall market is expected to continue its upward trajectory over the forecast period, driven by sustained demand from residential and non-residential sectors. The increasing focus on sustainable construction and the development of advanced drywall products will offer opportunities for market players. Manufacturers that invest in eco-friendly drywall products and innovative solutions to meet performance standards are likely to gain a competitive edge in the market.

Technology advancements, such as digital tools for design and installation, could further enhance the market. Building Information Modeling (BIM) and other digital solutions allow for more precise measurements, reducing waste and improving installation efficiency. As digital transformation spreads within the construction industry, drywall manufacturers that align with these technologies are likely to benefit.

In addition, opportunities for market growth may arise from renovations in Canada’s aging infrastructure. Schools, hospitals, and public buildings require regular updates, and drywall products are expected to play a role in modernization efforts. Government incentives for energy-efficient renovations could further boost the adoption of sustainable drywall products in these projects.

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