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Canada Drywall Market Demand, Size, Share, Growth and Report | 2034

Canada Drywall Market Outlook

The Canada drywall market size was a value of USD 1,308.90 million in 2024. Driven by the continuous demand for residential, commercial, and industrial construction projects, coupled with the growing trend of home renovations, the market is projected to grow at a compound annual growth rate (CAGR) of 6.6% between 2025 and 2034, ultimately reaching a value of USD 2,184.25 million by 2034.

Drywall, also known as plasterboard or gypsum board, is an essential material in the construction industry, primarily used for interior walls and ceilings. Its demand is closely tied to the construction sector’s performance, especially in the residential and commercial building segments. Drywall provides numerous advantages, such as easy installation, fire resistance, and soundproofing, making it a preferred choice for building interiors in Canada.

Factors Driving Market Growth

The steady growth of the Canada drywall market can be attributed to several key drivers, including a booming construction industry, government infrastructure initiatives, and the increasing demand for energy-efficient buildings. Additionally, factors such as the rising popularity of sustainable and eco-friendly construction practices and the growth in the renovation and remodeling sector contribute significantly to the overall expansion of the market.

Strong Demand in Residential and Commercial Construction

One of the main factors propelling the Canada drywall market is the continued strong demand from both residential and commercial construction projects. The Canadian housing market has been experiencing steady growth due to population expansion, urbanization, and low-interest rates, making homeownership more accessible. As a result, the construction of new homes and residential buildings has spiked, leading to a higher demand for drywall. The increasing trend of constructing energy-efficient, modern homes has further encouraged the use of drywall, which is considered an essential material for building interiors.

In the commercial sector, the demand for drywall is driven by ongoing investments in office buildings, retail spaces, and mixed-use developments. The need for sustainable, fire-resistant, and soundproofing materials in commercial construction has solidified drywall as a key component in building interiors. Its adaptability to various architectural styles, as well as its ability to improve the aesthetic appeal of commercial spaces, is also a factor that boosts demand.

Moreover, the government’s focus on infrastructure development projects and the implementation of favorable policies to promote the construction of public utilities and transportation networks contribute to the steady demand for drywall in large-scale commercial projects, including airports, schools, and hospitals.

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Boom in Home Renovation and Remodeling

Another important contributor to the growth of the Canada drywall market is the surge in home renovation and remodeling activities. In recent years, homeowners have been increasingly opting for renovations to enhance the functionality, aesthetics, and energy efficiency of their homes. The ongoing trend of home improvement is expected to continue, especially in urban areas, where older buildings require upgrades to meet modern standards.

Drywall plays a critical role in home renovation projects, particularly in retrofitting older homes to improve insulation, soundproofing, and fire resistance. The growing popularity of open-plan designs and the need to create multifunctional living spaces are further driving the demand for drywall as a versatile and cost-effective material in home remodeling projects.

The rise in consumer spending on home renovations, fueled by favorable economic conditions and low financing costs, will continue to boost drywall demand in the coming years. Additionally, the increase in the number of home improvement television shows, online resources, and DIY trends has further encouraged homeowners to invest in renovations, benefiting the drywall market.

Advances in Sustainable and Eco-Friendly Construction

Sustainability has become a key consideration in construction and building materials. With Canada’s commitment to reducing its carbon footprint and adhering to environmental standards, there has been a growing demand for eco-friendly construction materials. Drywall manufacturers have responded to this demand by incorporating sustainable practices, such as producing drywall from recycled materials and reducing waste during the manufacturing process.

The growing trend of green building certifications, such as LEED (Leadership in Energy and Environmental Design), is also encouraging the use of drywall in environmentally conscious construction projects. Drywall products that are low in volatile organic compounds (VOCs) and made from renewable resources are gaining popularity among architects and builders focused on sustainability.

As consumers and developers increasingly prioritize sustainable living, the demand for drywall that meets eco-friendly standards will continue to grow. Additionally, the Canadian government’s initiatives to promote sustainable building practices, such as tax incentives and green construction grants, are expected to further drive the demand for sustainable drywall solutions.

Technological Innovations in Drywall Manufacturing

Technological advancements in drywall manufacturing processes are another key driver of Canada drywall market growth. Manufacturers are focusing on innovation to improve the performance of drywall products, enhancing their properties, such as fire resistance, moisture resistance, and durability. The development of moisture-resistant drywall, for instance, addresses the growing demand for drywall in high-humidity areas like bathrooms, kitchens, and basements, expanding its application beyond traditional residential and commercial spaces.

Additionally, new drywall products, such as lightweight and easy-to-install versions, have become popular in the market. These innovations provide greater convenience for construction workers, reduce transportation costs, and improve overall efficiency during installation. The growing focus on product innovation will continue to support the market’s expansion by meeting the evolving needs of the construction sector.

Canada Drywall Market Segmentation

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

Market Breakup by Type

  • Standard
  • Fire-Resistant
  • Mold/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 in the Market

While the Canada drywall market is poised for significant growth, there are several challenges that could hinder its progress. One of the main challenges is the volatility in raw material prices. Drywall is primarily made from gypsum, a natural resource that can be subject to price fluctuations due to supply and demand imbalances, environmental factors, and regulatory changes. The cost of raw materials like gypsum and other additives can significantly affect the overall pricing of drywall, which may impact profit margins for manufacturers and lead to price hikes for end-users.

Another challenge is the competition from alternative materials. Although drywall remains the most commonly used material for interior walls and ceilings, the growing popularity of alternative materials, such as cement board, plywood, and lightweight panels, could pose a challenge to the market. These alternatives offer distinct advantages, such as superior water resistance or enhanced structural strength, which may lead some builders and contractors to opt for non-drywall options in certain applications.

Additionally, the ongoing pressure to meet stringent environmental regulations and sustainability goals could require significant investments in more eco-friendly manufacturing processes, which may increase production costs.

Outlook for the Future

The future of the Canada drywall market appears promising, with continued growth expected in the residential, commercial, and renovation sectors. The construction industry, supported by government policies, population growth, and the rising demand for sustainable buildings, will remain the primary driver of drywall consumption.

Technological advancements and the increasing focus on green building practices will also play a significant role in shaping the market’s future. Manufacturers are likely to continue innovating to meet the demand for more durable, fire-resistant, moisture-resistant, and sustainable drywall products.

As the market evolves, there will be ample opportunities for both established manufacturers and new entrants to cater to the changing needs of the construction sector. The growing popularity of eco-friendly and energy-efficient buildings will further boost the demand for sustainable drywall products, positioning the market for long-term success.

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