Rise in Middle-Class Population in UAE and Surge in Infrastructure Project to Escalate UAE Drywall Panels Market Growth
According to our latest market study on “UAE Drywall Panels Market Forecast to 2028 - COVID-19 Impact and Analysis - Type (Regular, Moisture-Resistant, Plaster Baseboard, Paperless, Type X, and Others); and Application (Residential, and Non-Residential ),”the market was valued at US$ 278.07 million in 2020 and is projected to reach US$ 419.35 million by 2028; it is expected to grow at a CAGR of 5.5% from 2021 to 2028.The report highlights key factors driving the market growth and prominent players along with their developments in the market.
Early buyers will receive 10% customization on reports.
No interior construction project can be complete without installing drywalls. Commonly referred as wallboard, this lightweight panel comes in different types and sizes and can be attached easily to studs to create walls. Drywall is basically a flat panel produced of gypsum plaster sandwiched mainly in between two sheets of thick paper. It also adheres to metal and wood studs utilizing nails or screws. Various types of drywall panels are available in the UAE market, and some of them are regular, moisture-resistant, plaster baseboard, paperless, and Type X. Growth of the construction & infrastructure industry and government initiatives in the UAE has significantly contributed to the growth of the drywall panels market in the UAE.
Cost effectiveness makes drywall panels an affordable option for every homeowner. The panels are easy to install, repair, and replace. They are significantly preferred by the middle-class population. As of 2020, the population of the UAE was ~9.89 million. Also, the country has the highest migration rate, which depicts the large number of immigrant population. The emerging middle-class population in the UAE has significantly boosted the construction industry growth. In 2017, the ongoing construction projects in the UAE were 11,755 with the value of US$ 818.2 billion that accounted for around 33% of the total value in the GCC countries. Homeowners and commercial investors are inclined toward the use of drywall panels for décor as this is the best fit to their economical and modern designs. Moreover, the panels are emerging as the latest green building technology with superior performance, which is suitable for the range of commercial and residential construction projects. Hence, the increasing middle-class population and booming construction in the UAE bolster the growth of the UAE drywall panels market.
Wasit General Trading LLC, Gypsemna, IKK Group, Mada Gypsum, TechnoMec, Knauf Gips KG, Gyproc, USG Boral, United Mining Industries, and Sadaf Gypsum Company are among the well-established players in the UAE Drywall Panels market.
Impact of COVID-19 Pandemic on UAE Drywall Panels Market
The COVID-19 outbreak pandemic has adversely affected economies and industries in various countries due to travel bans, lockdowns, and business shutdowns. The chemical & materials industry is one of the significant industries suffering severe disruptions, such as supply chain breaks, technology event cancellations, and office shutdowns. The UAE is the one of the most affected countries in the Middle East & Africa due to the outbreak. Air transportation is an important source of revenue for the UAE. As per a 2019 report from the International Air Transport Association, air transportation accounted for US$19.3 billion, or around 5% of the UAE’s GDP in 2019. The outbreak has distorted operational efficiency and disrupted the value chains due to the sudden shutdown of national and international boundaries, which led to revenue loss and damage. The shutdown of various manufacturing plants and factories, government lockdowns, and quarantine measures in the UAE have restricted the supply chain and negatively impacted the manufacturing activities, delivery schedules, and the sales of various raw materials and goods. Although, the construction sector was exempt from restrictions, the aforementioned factors have resulted in the shortages of labor and raw materials, which, in turn, delayed the completion of construction projects. Construction companies are facing liquidity crisis due to the high debts and low cash reserves. However, the authorities in the region have announced several measures and changes to be implemented in order to ease the impact of the COVID-19 pandemic on the construction sector.UAE Drywall Panels Market, 2020
The report includes the segmentation of the UAE Drywall Panels market as follows:
UAE Drywall Panels Market, by Type
UAE Drywall Panels Market, by End-User
According to our latest market study on “UAE Drywall Panels Market Forecast to 2028 - COVID-19 Impact and Analysis - Type (Regular, Moisture-Resistant, Plaster Baseboard, Paperless, Type X, and Others); and Application (Residential, and Non-Residential ),”the market was valued at US$ 278.07 million in 2020 and is projected to reach US$ 419.35 million by 2028; it is expected to grow at a CAGR of 5.5% from 2021 to 2028.The report highlights key factors driving the market growth and prominent players along with their developments in the market.
Early buyers will receive 10% customization on reports.
No interior construction project can be complete without installing drywalls. Commonly referred as wallboard, this lightweight panel comes in different types and sizes and can be attached easily to studs to create walls. Drywall is basically a flat panel produced of gypsum plaster sandwiched mainly in between two sheets of thick paper. It also adheres to metal and wood studs utilizing nails or screws. Various types of drywall panels are available in the UAE market, and some of them are regular, moisture-resistant, plaster baseboard, paperless, and Type X. Growth of the construction & infrastructure industry and government initiatives in the UAE has significantly contributed to the growth of the drywall panels market in the UAE.
Cost effectiveness makes drywall panels an affordable option for every homeowner. The panels are easy to install, repair, and replace. They are significantly preferred by the middle-class population. As of 2020, the population of the UAE was ~9.89 million. Also, the country has the highest migration rate, which depicts the large number of immigrant population. The emerging middle-class population in the UAE has significantly boosted the construction industry growth. In 2017, the ongoing construction projects in the UAE were 11,755 with the value of US$ 818.2 billion that accounted for around 33% of the total value in the GCC countries. Homeowners and commercial investors are inclined toward the use of drywall panels for décor as this is the best fit to their economical and modern designs. Moreover, the panels are emerging as the latest green building technology with superior performance, which is suitable for the range of commercial and residential construction projects. Hence, the increasing middle-class population and booming construction in the UAE bolster the growth of the UAE drywall panels market.
Wasit General Trading LLC, Gypsemna, IKK Group, Mada Gypsum, TechnoMec, Knauf Gips KG, Gyproc, USG Boral, United Mining Industries, and Sadaf Gypsum Company are among the well-established players in the UAE Drywall Panels market.
Impact of COVID-19 Pandemic on UAE Drywall Panels Market
The COVID-19 outbreak pandemic has adversely affected economies and industries in various countries due to travel bans, lockdowns, and business shutdowns. The chemical & materials industry is one of the significant industries suffering severe disruptions, such as supply chain breaks, technology event cancellations, and office shutdowns. The UAE is the one of the most affected countries in the Middle East & Africa due to the outbreak. Air transportation is an important source of revenue for the UAE. As per a 2019 report from the International Air Transport Association, air transportation accounted for US$19.3 billion, or around 5% of the UAE’s GDP in 2019. The outbreak has distorted operational efficiency and disrupted the value chains due to the sudden shutdown of national and international boundaries, which led to revenue loss and damage. The shutdown of various manufacturing plants and factories, government lockdowns, and quarantine measures in the UAE have restricted the supply chain and negatively impacted the manufacturing activities, delivery schedules, and the sales of various raw materials and goods. Although, the construction sector was exempt from restrictions, the aforementioned factors have resulted in the shortages of labor and raw materials, which, in turn, delayed the completion of construction projects. Construction companies are facing liquidity crisis due to the high debts and low cash reserves. However, the authorities in the region have announced several measures and changes to be implemented in order to ease the impact of the COVID-19 pandemic on the construction sector.UAE Drywall Panels Market, 2020
The report includes the segmentation of the UAE Drywall Panels market as follows:
UAE Drywall Panels Market, by Type
- Regular
- Moisture-Resistant
- Plaster Baseboard
- Paperless
- Type X
- Others
UAE Drywall Panels Market, by End-User
- Residential
- Non-Residential
Table of Contents
1. Introduction1.1 Study Scope
1.2 The Publisher's Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Drywall Panels Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 UAE
4.3 Expert Opinion
4.4 Export Analysis 2018 (HS CODE: 680911, 680919)
4.5 Pricing Analysis of Gypsum Boards, 2019
4.6 Route to Market
4.7 Construction Material Standards
4.8 Shift in Construction Habits
5. Drywall Panels Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Surging Use of Drywall Panels in Modern Buildings
5.1.2 Rise in Middle-Class Population in UAE and Surge in Infrastructure Projects
5.2 Market Restraints
5.2.1 Import-Driven Market and Presence of Limited Manufacturers
5.3 Market Opportunities
5.3.1 Increasing Production of Low VOC Drywall Panels
5.4 Future Trends
5.4.1 Recycling of Drywall Panels and Emergence of 3D Drywall Panels
5.5 Impact Analysis of Drivers and Restraints
6. Drywall Panels - UAE Market Analysis
6.1 Drywall Panels Market Overview
6.2 Drywall Panels Market Forecast and Analysis, 2020 to 2028
6.3 Market Positioning of Key Players
7. Drywall Panels Market Analysis - By Type
7.1 Overview
7.2 Drywall Panels Market, By Type (2020 and 2028)
7.3 Regular
7.3.1 Overview
7.3.1.1 Regular: Drywall Panels Market - Forecast and Analysis to 2028 (US$ Million)
7.4 Moisture-Resistant
7.4.1 Overview
7.4.1.1 Moisture-Resistant: Drywall Panels Market - Forecast and Analysis to 2028 (US$ Million)
7.5 Plaster Baseboard
7.5.1 Overview
7.5.1.1 Plaster Baseboard: Drywall Panels Market - Forecast and Analysis to 2028 (US$ Million)
7.6 Paperless
7.6.1 Overview
7.6.1.1 Paperless: Drywall Panels Market - Forecast and Analysis to 2028 (US$ Million)
7.7 Type X
7.7.1 Overview
7.7.1.1 Type X: Drywall Panels Market - Forecast and Analysis to 2028 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.1.1 Others: Drywall Panels Market - Forecast and Analysis to 2028 (US$ Million)
8. Drywall Panels Market Analysis - By Application
8.1 Overview
8.2 Drywall Panels Market, By Application (2019 and 2028)
8.3 Residential
8.3.1 Overview
8.3.1.1 Residential: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Non-Residential
8.4.1 Overview
8.4.1.1 Non-Residential: Drywall Panels Market - Forecast and Analysis to 2028 (US$ Million)
9. Overview- Impact of COVID-19
9.1 UAE: Impact Assessment of COVID-19 Pandemic
10. UAE Cement Market Revenue and Volume Forecasts to 2028
10.1 Overview
10.2 UAE Cement Market Revenue (US$) and Forecasts to 2028
10.3 UAE Cement Market Volume (Million Tons) and Forecasts to 2028
11. Key Company Profiles
11.1 Wasit General Trading LLC
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Gypsemna
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 IKK Group
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 MADA GYPSUM
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Technomec Building Industries LLC
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Knauf Gips KG
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Gyproc
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 USG Boral
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 United Mining Industries
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Sadaf Gypsum Company
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 GlossaryList of Tables
Table 1. UAE Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. UAE Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
Table 3. UAE Drywall Panels Market by Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. UAE Drywall Panels Market by Type - Volume and Forecast to 2028 (Million Square Meter)
Table 5. UAE Drywall Panels Market by Application - Revenue and Forecast to 2028 (US$ Million)
Table 6. UAE Drywall Panels Market by Application - Volume and Forecast to 2028 (Million Square Meter)
Table 7. Glossary of Terms, UAE Drywall Panels MarketList of Figures
Figure 1. UAE Drywall Panels Market Segmentation
Figure 2. UAE Drywall Panels Market Overview
Figure 3. Regular Segment Held Largest Share of UAE Drywall Panels Market
Figure 4. Non-Residential Segment Held Largest Share of UAE Drywall Panels Market
Figure 5. UAE Drywall Panels Market, Industry Landscape
Figure 6. UAE: PEST Analysis
Figure 7. UAE Drywall Panels Market Impact Analysis of Driver and Restraints
Figure 8. UAE Overview of Drywall Panels Market
Figure 9. UAE Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. UAE Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meter)
Figure 11. Market Positioning of Key Players In UAE Drywall Panels Market
Figure 12. Drywall Panels Market Revenue Share, by Type (2020 and 2028)
Figure 13. Regular: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Regular: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meters)
Figure 15. Moisture- Resistant: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Moisture- Resistant: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meters)
Figure 17. Plaster Baseboard: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Plaster Baseboard: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meters)
Figure 19. Paperless: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Paperless: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meters)
Figure 21. Type X: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Type X: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meters)
Figure 23. Others: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Others: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meters)
Figure 25. Drywall Panels Market Revenue Share, by Application (2020 and 2028)
Figure 26. Residential: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Residential: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meters)
Figure 28. Non-Residential: Drywall Panels Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Non-Residential: Drywall Panels Market - Volume and Forecast to 2028 (Million Square Meters)
Figure 30. Impact of COVID-19 Pandemic on UAE Drywall Panel Market
Figure 31. UAE Cement Market Revenue (US$) and Forecasts to 2028
Figure 32. UAE Cement Market Volume (Million Tons) and Forecasts to 2028
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Wasit General Trading LLC
- Gypsemna
- IKK Group
- Mada Gypsum
- TechnoMec
- Knauf Gips KG
- Gyproc
- USG Boral
- United Mining Industries
- Sadaf Gypsum Company
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 99 |
| Published | May 2021 |
| Forecast Period | 2020 - 2028 |
| Estimated Market Value ( USD | $ 278.07 Million |
| Forecasted Market Value ( USD | $ 419.35 Million |
| Compound Annual Growth Rate | 5.5% |
| Regions Covered | United Arab Emirates |
