Behind the walls of every new building lies a booming global industry, as evidenced by a U.S. drywall market hitting $5.8 billion and a worldwide gypsum board valuation soaring past $24.5 billion.
Key Takeaways
- In 2022, the U.S. drywall market size reached approximately $5.8 billion, driven by residential construction growth.
- Global gypsum board market was valued at $24.5 billion in 2023, expected to grow at a CAGR of 5.2% from 2024 to 2030.
- North American drywall industry revenue hit $7.2 billion in 2021, with a 4.8% YoY increase.
- U.S. drywall plants produced 24.5 billion square feet in 2022.
- Global gypsum board production reached 12.8 billion square meters in 2023.
- USG Corporation manufactured 4.2 billion sq ft of drywall in 2022.
- U.S. residential construction consumed 18.2 billion sq ft of drywall in 2023.
- Global demand for gypsum board projected at 14.2 billion sq m by 2025.
- U.S. commercial sector drywall usage: 6.8 billion sq ft in 2022.
- U.S. drywall industry employed 15,200 workers in manufacturing in 2023.
- Global gypsum board sector direct jobs: 450,000 in 2022.
- U.S. drywall contractors employed 142,000 workers in 2023.
- U.S. drywall recycling rate reached 28% of total waste in 2022.
- Global gypsum board recycled content averaged 20% in 2023.
- Eurogypsum members recycled 3.1 million tons of drywall waste in 2022.
The drywall market is experiencing strong global growth driven by expanding construction and demand.
Demand & Consumption
- U.S. residential construction consumed 18.2 billion sq ft of drywall in 2023.
- Global demand for gypsum board projected at 14.2 billion sq m by 2025.
- U.S. commercial sector drywall usage: 6.8 billion sq ft in 2022.
- China consumed 6.1 billion sq m of gypsum board in 2023.
- Europe drywall demand: 4.5 billion sq m in 2022.
- India construction demand for drywall: 1.5 billion sq m in FY2023.
- Middle East gypsum board consumption: 850 million sq m in 2023.
- Canada drywall demand from new housing: 1.2 billion sq ft in 2022.
- Australia consumption: 500 million sq m in 2023.
- Brazil demand growth: 12% to 350 million sq m in 2022.
- UK plasterboard consumption: 520 million sq m in 2023.
- Mexico drywall usage in residential: 720 million sq m in 2022.
- Germany demand: 1.3 billion sq m in 2023.
- France consumption: 320 million sq m in 2022.
- Japan drywall demand: 1.4 billion sq m in 2023.
- Saudi Arabia consumption surge: 220 million sq m in 2022.
- UAE demand: 150 million sq m in 2023.
- South Africa usage: 110 million sq m in 2022.
- Russia demand: 750 million sq m in 2023.
- Turkey consumption: 650 million sq m in 2022.
- Poland drywall demand: 380 million sq m in 2023.
- Italy consumption: 250 million sq m in 2022.
- Spain demand: 220 million sq m in 2023.
- Netherlands usage: 140 million sq m in 2022.
- Sweden consumption: 85 million sq m in 2023.
Demand & Consumption Interpretation
It appears the planet is being given a fresh, uniform interior, one sheet at a time, with America leading the charge in a frankly staggering square-footage arms race.
Employment & Workforce
- U.S. drywall industry employed 15,200 workers in manufacturing in 2023.
- Global gypsum board sector direct jobs: 450,000 in 2022.
- U.S. drywall contractors employed 142,000 workers in 2023.
- China drywall manufacturing workforce: 120,000 in 2023.
- Europe plasterboard industry jobs: 78,000 direct employees in 2022.
- India gypsum board sector employment: 45,000 in FY2023.
- Canada drywall installers: 28,500 jobs in 2023.
- Australia manufacturing jobs in drywall: 4,200 in 2022.
- Brazil industry workforce: 22,000 in 2023.
- UK plasterboard employees: 12,500 in 2022.
- Mexico drywall production jobs: 18,000 in 2023.
- Germany gypsum sector: 15,800 workers in 2022.
- France Placo employment: 6,200 in 2023.
- Japan Yoshino Gypsum staff: 3,400 in 2022.
- Saudi Arabia Giga jobs: 2,100 in 2023.
- UAE Gyproc employees: 1,800 in 2022.
- South Africa Gypasa workforce: 1,200 in 2023.
- Russia NGPR employment: 5,500 in 2022.
- Turkey drywall industry jobs: 14,000 in 2023.
- Poland Knauf Poland: 2,800 employees in 2022.
- Italy workforce: 4,500 in drywall manufacturing 2023.
- Spain employment: 3,900 in 2022.
- Netherlands VGB members jobs: 2,100 in 2023.
- Sweden GP Sweden employees: 900 in 2022.
Employment & Workforce Interpretation
While the U.S. may be putting up the walls, the world is clearly building the workforce, with nearly half a million global jobs proving that when it comes to gypsum board, we're all in this together.
Market Size & Revenue
- In 2022, the U.S. drywall market size reached approximately $5.8 billion, driven by residential construction growth.
- Global gypsum board market was valued at $24.5 billion in 2023, expected to grow at a CAGR of 5.2% from 2024 to 2030.
- North American drywall industry revenue hit $7.2 billion in 2021, with a 4.8% YoY increase.
- The European drywall market generated €12.4 billion in sales in 2022.
- U.S. drywall manufacturing sector revenue was $4.1 billion in 2023.
- Asia-Pacific gypsum board market valued at $10.3 billion in 2022, largest regional share at 42%.
- Canadian drywall market size estimated at CAD 1.2 billion in 2023.
- U.S. commercial drywall segment revenue: $2.3 billion in 2022.
- Global drywall market projected to reach $35.6 billion by 2028.
- Mexico drywall industry revenue grew 6.1% to $1.1 billion in 2023.
- UK plasterboard market turnover was £1.8 billion in 2022.
- India gypsum board market size: INR 45 billion in FY2023.
- Australia drywall sector revenue: AUD 850 million in 2023.
- Brazil drywall market valued at BRL 3.2 billion in 2022.
- Middle East & Africa drywall market: $2.1 billion in 2023.
- U.S. residential drywall revenue: $3.5 billion in 2023.
- China gypsum board production value: CNY 120 billion in 2022.
- Germany drywall market: €2.9 billion in 2023.
- France plasterboard sales: €1.7 billion in 2022.
- Japan drywall industry revenue: JPY 450 billion in 2023.
- South Korea gypsum board market: KRW 4.5 trillion in 2022.
- Turkey drywall market size: TRY 15 billion in 2023.
- Saudi Arabia drywall revenue: SAR 4.2 billion in 2023.
- UAE gypsum board market: AED 3.8 billion in 2022.
- South Africa drywall industry: ZAR 12 billion in 2023.
- Russia plasterboard market: RUB 85 billion in 2022.
- Italy drywall sales: €1.4 billion in 2023.
- Spain gypsum board market: €1.1 billion in 2022.
- Netherlands drywall revenue: €850 million in 2023.
- Sweden plasterboard market: SEK 5.2 billion in 2022.
Market Size & Revenue Interpretation
The global drywall industry is building itself an empire one sheet-rock at a time, amassing a multi-billion-dollar fortress of gypsum that shows no sign of cracking under economic pressure.
Production & Supply
- U.S. drywall plants produced 24.5 billion square feet in 2022.
- Global gypsum board production reached 12.8 billion square meters in 2023.
- USG Corporation manufactured 4.2 billion sq ft of drywall in 2022.
- Saint-Gobain produced 2.1 billion sq m of plasterboard globally in 2023.
- Knauf Group's annual drywall output: 3.5 billion sq m in 2022.
- China produced 5.6 billion sq m of gypsum board in 2022.
- India drywall production: 1.2 billion sq m in FY2023.
- Europe total gypsum board production: 4.1 billion sq m in 2023.
- U.S. Type X fire-rated drywall production: 8.7 billion sq ft in 2022.
- Mexico gypsum board output: 650 million sq m in 2023.
- Canada drywall manufacturing: 1.8 billion sq ft annually in 2023.
- Australia production capacity: 450 million sq m per year in 2022.
- Brazil drywall production: 280 million sq m in 2023.
- Germany gypsum board plants output: 1.1 billion sq m in 2022.
- UK plasterboard production: 450 million sq m in 2023.
- Japan annual drywall production: 1.2 billion sq m in 2022.
- Saudi Arabia gypsum board output: 180 million sq m in 2023.
- UAE production: 120 million sq m per year in 2022.
- South Africa drywall production: 85 million sq m in 2023.
- Russia gypsum board output: 650 million sq m in 2022.
- Turkey production capacity utilization: 92% at 550 million sq m in 2023.
- Poland drywall production: 320 million sq m in 2022.
- France plasterboard output: 280 million sq m in 2023.
- Italy gypsum board production: 210 million sq m in 2022.
- Spain production: 190 million sq m in 2023.
- Thailand drywall output: 150 million sq m in 2022.
- Vietnam gypsum board production: 95 million sq m in 2023.
- Indonesia production: 75 million sq m annually in 2022.
Production & Supply Interpretation
While you sleep, an international, multi-billion-square-foot argument over what constitutes a proper wall rages on, fueled by enough gypsum board to encase the Earth in a very firm, yet surprisingly flame-retardant, hug.
Sustainability & Innovations
- U.S. drywall recycling rate reached 28% of total waste in 2022.
- Global gypsum board recycled content averaged 20% in 2023.
- Eurogypsum members recycled 3.1 million tons of drywall waste in 2022.
- Knauf introduced 100% recyclable fiberglass-free drywall in 2023.
- U.S. gypsum industry reduced CO2 emissions by 15% per ton since 2010.
- China drywall plants achieved 85% energy efficiency improvement by 2023.
- Saint-Gobain's low-carbon plasterboard line launched, cutting emissions 30%.
- India adopted synthetic gypsum in 25% of drywall production in 2023.
- USG Sheetrock Brand air-purifying panels launched in 2022.
- Europe Phase 2 EPDs show 450 kg CO2 eq per 1000 sq ft drywall.
- Australia CSR recycled 45,000 tons of drywall in 2023.
- Brazil Abragips recycling program diverted 120,000 tons in 2022.
- UK British Gypsum zero-waste plants: 98% landfill diversion.
- Germany Knauf Clean Air boards VOC emissions <10 μg/m³.
- France Placo Activ’Air technology purifies 80% VOCs.
- Japan mold-resistant drywall adoption rose 40% in humid regions 2023.
- Saudi Giga sustainable gypsum sourcing 100% local in 2022.
- UAE Gyproc Green Line: 25% lower water use.
- South Africa Gypasa water recycling 70% in production.
- Russia NGPR synthetic gypsum usage: 35% in 2023.
- Turkey TGYO energy from waste: 15% of total in 2022.
- Poland Knauf Climate Board with recycled paper 100%.
- Italy Knauf Aquapanel moisture-resistant innovation.
- Spain Pladur 3D boards for faster installation, reducing labor 20%.
- Netherlands Hunter Douglas sound-absorbing drywall growth 25%.
- Sweden Gyproc Rapidcoat low-dust jointing compound.
Sustainability & Innovations Interpretation
The global drywall industry is finally cleaning up its act, proving that with enough innovation and recycling muscle, even the walls we build can leave a lighter footprint on the planet.
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