Canada Drywall Market Size, Share, Trends and Forecast | 2034

Canada Drywall Market Outlook

According to the report by Expert Market Research (EMR), the Canada drywall market size reached a value of USD 1,308.90 million in 2024. Aided by the increasing demand for residential and commercial construction, coupled with the growing focus on energy efficiency and sustainable building practices, the market is projected to further grow at a compound annual growth rate (CAGR) of 6.6% between 2025 and 2034, reaching a value of USD 2,184.25 million by 2034.

Drywall, also known as plasterboard or gypsum board, is a key material used in the construction industry for partition walls, ceilings, and interior finishing. Its durability, ease of installation, and fire-resistant properties make it the preferred choice in both residential and commercial building projects. As the Canadian construction sector continues to expand, driven by urbanization, infrastructure development, and rising demand for energy-efficient buildings, the drywall market is expected to witness steady growth in the coming years.

Key Drivers of Market Growth

Several key factors are driving the growth of the Canada drywall market. First and foremost is the increasing demand for construction and renovation activities across the country. With the growing population and a shift toward urban living, there has been a significant rise in both residential and commercial building projects. Additionally, the trend towards sustainable construction practices is further boosting the demand for drywall, as it is considered an environmentally friendly and cost-effective building material.

The government’s initiatives to promote energy-efficient buildings are also fueling the growth of the drywall market. In response to climate change concerns, Canada has implemented various regulations and incentives aimed at improving energy efficiency in residential and commercial properties. This has led to an increased adoption of green building materials, including drywall, which is known for its insulating properties and ability to enhance energy efficiency.

The demand for drywall is further being driven by technological advancements in the construction industry. The development of high-performance drywall products, such as moisture-resistant, fire-rated, and soundproof boards, has expanded the range of applications for drywall in both residential and commercial projects. These innovations have made drywall a versatile material that can meet the increasingly diverse needs of modern construction.

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Technological Innovations and Market Expansion

Technological advancements in the Canada drywall market are significantly shaping the market landscape. Manufacturers are increasingly investing in the development of advanced drywall products that offer enhanced performance and functionality. Innovations such as moisture-resistant drywall, fire-resistant drywall, and soundproof drywall have expanded the range of applications for drywall in different building types.

Moisture-resistant drywall, for example, is specifically designed for use in areas prone to high humidity, such as bathrooms and kitchens. Fire-resistant drywall, on the other hand, is gaining popularity in commercial and multi-story residential buildings due to its ability to provide added fire protection. Soundproof drywall, which reduces noise transmission between rooms, is becoming increasingly popular in multi-unit residential buildings, hotels, and office spaces where noise control is a priority.

Moreover, the rise of smart building technologies has led to the development of drywall that can incorporate sensors and other smart systems, further enhancing the energy efficiency and safety of buildings. The integration of sustainable materials, such as recycled gypsum, into drywall products is also contributing to the market's growth as environmentally conscious building practices gain traction.

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 and Market Restraints

Despite the positive growth prospects, the Canada drywall market faces several challenges. One of the primary obstacles is the rising cost of raw materials, particularly gypsum, which is the main ingredient in drywall production. Fluctuations in gypsum prices can affect the overall cost of drywall products, leading to increased prices for end consumers. Additionally, the transportation and distribution of drywall across Canada’s vast geography can be costly, particularly for remote areas.

Another challenge is the increasing competition from alternative building materials. While drywall remains the material of choice for many construction projects, other materials, such as cement boards and fiberglass panels, are being used in some applications, particularly where moisture resistance or durability is a concern. These alternatives pose a threat to the growth of the drywall market, particularly in regions with harsh climates.