Product Code: ETC045904 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Plasterboard Market is poised for steady growth rate improvements from 2025 to 2029. From 13.60% in 2025, the growth rate steadily ascends to 48.35% in 2029.
The plasterboard market in India is estimated to reach USD 1.6 billion by 2031, growing at a CAGR of 10.1% during the forecast period 2025-2031. The increasing demand for energy efficient and cost effective building materials, rapid urbanization, government initiatives such as housing for all and Smart City Mission are some of the key factors driving the growth of this industry in India. Moreover, rising disposable income among consumers has led to increased adoption of advanced construction technologies resulting in higher demand for plasterboard products across different segments like residential and commercial constructions. Additionally, favorable policies towards foreign investments combined with easy access to raw material have attracted several leading players into this market space which further adds up to its growth potential.
Increasing Demand for Energy Efficient & Cost Effective Building Materials: With rising awareness about environment sustainability along with stringent regulations deployed by governments regarding energy efficiency; there is an increasing focus on green buildings thereby augmenting the demand for ecofriendly construction materials like plasterboards that can help reduce overall building costs significantly while maintaining better insulation standards as compared to traditional products used previously. Government Initiatives Towards Construction Industry Development: Several government initiatives such as Pradhan Mantri Awas Yojana (PMAY), Atal Mission for Rejuvenation And Urban Transformation (AMRUT) etc have been undertaken recently by government aimed at providing affordable housing especially in rural markets; thereby creating huge potential opportunities not only from residential projects but also from commercial ones where usage of plasterboards will be noted more prominently than before due to their ease of installation & maintenance benefits over other traditional alternatives available currently in Indian marketspace.
High Initial Cost Involved In Installation Of Plasterboards : Installation costs involved with using plasterboards tend to be quite high when compared against other conventional methods that are already widely adopted throughout India?s construction sector; thus limiting their uptake among budget conscious end users who might otherwise prefer cheaper options if offered conveniently within same or lower price range as these newer offerings. Lack Of Skilled Manpower To Effectively Handle Plasterboard Projects : Due lack skilled manpower specially trained on handling these innovative new age solutions coupled with uncertainty around warranties provided by vendors upon successful completion makes it difficult even after initial purchase decisions gets made since delays incurred due poor execution time frames needed could very easily turn off prospective customers who may then chose alternate
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Plasterboard Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Plasterboard Market Revenues & Volume, 2021 & 2031F |
3.3 India Plasterboard Market - Industry Life Cycle |
3.4 India Plasterboard Market - Porter's Five Forces |
3.5 India Plasterboard Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 India Plasterboard Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 India Plasterboard Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 India Plasterboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Plasterboard Market Trends |
6 India Plasterboard Market, By Types |
6.1 India Plasterboard Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 India Plasterboard Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 India Plasterboard Market Revenues & Volume, By Standard, 2021-2031F |
6.1.4 India Plasterboard Market Revenues & Volume, By Fire-resistant, 2021-2031F |
6.1.5 India Plasterboard Market Revenues & Volume, By Sound-insulated, 2021-2031F |
6.1.6 India Plasterboard Market Revenues & Volume, By Moisture-resistant, 2021-2031F |
6.1.7 India Plasterboard Market Revenues & Volume, By Thermal, 2021-2031F |
6.1.8 India Plasterboard Market Revenues & Volume, By Specialist, 2021-2031F |
6.1.9 India Plasterboard Market Revenues & Volume, By Triple low-e, gas-filled, 2021-2031F |
6.1.10 India Plasterboard Market Revenues & Volume, By Triple low-e, gas-filled, 2021-2031F |
6.2 India Plasterboard Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 India Plasterboard Market Revenues & Volume, By Tapered-edged, 2021-2031F |
6.2.3 India Plasterboard Market Revenues & Volume, By Square-edged, 2021-2031F |
6.3 India Plasterboard Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 India Plasterboard Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 India Plasterboard Market Revenues & Volume, By Non-residential, 2021-2031F |
7 India Plasterboard Market Import-Export Trade Statistics |
7.1 India Plasterboard Market Export to Major Countries |
7.2 India Plasterboard Market Imports from Major Countries |
8 India Plasterboard Market Key Performance Indicators |
9 India Plasterboard Market - Opportunity Assessment |
9.1 India Plasterboard Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 India Plasterboard Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 India Plasterboard Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 India Plasterboard Market - Competitive Landscape |
10.1 India Plasterboard Market Revenue Share, By Companies, 2024 |
10.2 India Plasterboard Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |