The gypsum board market in Germany is expected to reach a projected revenue of US$ 1,727.0 million by 2030. A compound annual growth rate of 8.7% is expected of Germany gypsum board market from 2024 to 2030.
The Germany gypsum board market generated a revenue of USD 966.0 million in 2023 and is expected to reach USD 1,727.0 million by 2030.
The Germany market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
In terms of segment, wallboard was the largest revenue generating product in 2023.
Other Products is the most lucrative product segment registering the fastest growth during the forecast period.
Gypsum board market data book summary
Market revenue in 2023
USD 966.0 million
Market revenue in 2030
USD 1,727.0 million
Growth rate
8.7% (CAGR from 2023 to 2030)
Largest segment
Wallboard
Fastest growing segment
Other Products
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Wallboard, Ceiling Board, Pre-decorated Board, Other Products
Key market players worldwide
Knauf, Gypsemna, Global Mining Company, National Gypsum Company, Compagnie de Saint-Gobain SA, Holcim Ltd, Zawawi Group, BNBM, Eternit, United Mining Industries, Yoshino Gypsum
Other key industry trends
In terms of revenue, Germany accounted for 1.7% of the global gypsum board market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Europe, Russia gypsum board market is projected to lead the regional market in terms of revenue in 2030.
Russia is the fastest growing regional market in Europe and is projected to reach USD 2,424.7 million by 2030.
Construction industry in Germany experienced a weak growth until 2015 owing to the economic slowdown due to the Eurozone crisis, which resulted in poor investor confidence and a decline in construction activities in the country. As a result, gypsum board market in Germany also experienced a major setback.
However, the market is expected to witness a moderate growth in the coming years with the gradual economic recovery and improved business confidence. The market is anticipated to witness a moderate growth over the forecast period owing to the significant product demand from residential sector in Germany.
Residential construction is presumed to observe a strong growth fueled by rising per capita income, low interest rates, and rising number of immigrants. The number of immigrants in Germany is expected to reach 10 million by 2020, in turn, driving the demand for new housing.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Gypsum Board Market Outlook will help companies and investors design strategic landscapes.
Wallboard was the largest segment with a revenue share of 51.05% in 2023.
Horizon Databook has segmented the Germany gypsum board market based on wallboard, ceiling board, pre-decorated board, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Construction industry in Germany experienced a weak growth until 2015 owing to the economic slowdown due to the Eurozone crisis, which resulted in poor investor confidence and a decline in construction activities in the country. As a result, gypsum board market in Germany also experienced a major setback.
However, the market is expected to witness a moderate growth in the coming years with the gradual economic recovery and improved business confidence. The market is anticipated to witness a moderate growth over the forecast period owing to the significant product demand from residential sector in Germany.
Residential construction is presumed to observe a strong growth fueled by rising per capita income, low interest rates, and rising number of immigrants. The number of immigrants in Germany is expected to reach 10 million by 2020, in turn, driving the demand for new housing.
Germany Gypsum Board Market Product Outlook (Revenue, USD Million , 2018-2030)
Wallboard
Ceiling Board
Pre-decorated Board
Other Products
Germany Gypsum Board Market Application Outlook (Revenue, USD Million , 2018-2030)
Pre-engineered Buildings
Residential
Industrial
Commercial
Institutional
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany Gypsum Board Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Germany Gypsum Board Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.