India Plasterboard Market (2024-2030) | Analysis, Forecast, Value, Companies, Industry, Growth, Size, Share, Trends, Outlook, Revenue

India Plasterboard Market Synopsis

The plasterboard market in India is estimated to reach USD 1.6 billion by 2026, growing at a CAGR of 10.1% during the forecast period 2020-2026. 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.

Drivers of the Market:

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.

Challenges of the Market:

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

Key Highlights of the Report:

• India Plasterboard Market Outlook
• Market Size of India Plasterboard Market, 2023
• Forecast of India Plasterboard Market, 2030
• Historical Data and Forecast of India Plasterboard Revenues & Volume for the Period 2020-2030
• India Plasterboard Market Trend Evolution
• India Plasterboard Market Drivers and Challenges
• India Plasterboard Price Trends
• India Plasterboard Porter's Five Forces
• India Plasterboard Industry Life Cycle
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Types for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Standard for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Fire-resistant for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Sound-insulated for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Moisture-resistant for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Thermal for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Specialist for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Impact-resistant for the Period 2020-2030
• Historical Data and Forecast of India Standard Plasterboard Market Revenues & Volume By Triple low-e, gas-filled for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Form for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Tapered-edged for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Square-edged for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By End-users for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Residential for the Period 2020-2030
• Historical Data and Forecast of India Plasterboard Market Revenues & Volume By Non-residential for the Period 2020-2030
• India Plasterboard Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Form
• Market Opportunity Assessment By End-users
• India Plasterboard Top Companies Market Share
• India Plasterboard Competitive Benchmarking By Technical and Operational Parameters
• India Plasterboard Company Profiles
• India Plasterboard Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):