Saudi Arabia Drywall Panels Market

Historic Data: 2018-2019   |   Base Year: 2020   |   Forecast Period: 2021-2028

No. of Pages: 109    |    Report Code: TIPRE00021609    |    Category: Chemicals and Materials

Available Report Formats

pdf-format excel-format pptx-format
Request Free Sample Buy Now
Saudi Arabia Drywall Panels Market
Free Sample Buy Now

Market Introduction


Saudi Arabia is witnessing high demand for drywall panels due to the steady growth of the construction activities in the region. Construction is the second largest non-oil industry in Saudi Arabia and contributes significantly to the growth of the country’s GDP. Saudi Arabia’s vision 2030 program, that which was designed to fuel the growth of the non-oil industries by 2030, has placed construction as one of the most important sectors. In order to accomplish the vision, Saudi Arabiathe country has also formed an action plan, the National Transformation Project (NTP), which focuses on improving the three pillars of the country such as economic enablers, standard of living, and operational excellence of the government. These initiatives by the government will would significantly propel the demand for drywall panels in Saudi Arabia in coming years. 



Get more information on this report

Saudi Arabia Drywall Panels Strategic Insights

Strategic insights for the Saudi Arabia Drywall Panels provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

strategic-framework/saudi-arabia-drywall-panels-market-strategic-framework.webp
Get more information on this report

Saudi Arabia Drywall Panels Report Scope

Report Attribute Details
Market size in 2020 US$ 207.709.46 Million
Market Size by 2028 US$ 304.43 Million
Global CAGR (2021 - 2028) 5.0%
Historical Data 2018-2019
Forecast period 2021-2028
Segments Covered By Type
  • Regular
  • Moisture-Resistant
  • Plaster Baseboard
  • Paperless
  • Type X
By Application
  • Residential
  • Non-Residential
Regions and Countries Covered Saudi Arabia
  • Saudi Arabia
Market leaders and key company profiles
  • IKK Group of Companies
  • Mada Gypsum
  • EL-Khayyat Gypsum Factory
  • United Mining Industries
  • Knauf Gips KG
  • National Gypsum Company
  • Sinar
  • Al Watani Gypsum Co. Ltd.
  • USG Corporation
  • Saint Gobain S.A.
    		•
    Get more information on this report

    Saudi Arabia Drywall Panels Regional Insights

    The geographic scope of the Saudi Arabia Drywall Panels refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

    geography/saudi-arabia-drywall-panels-market-geography.webp
    Get more information on this report


    Market Overview and Dynamics
    The workbench/workstationdrywall panels market in US Saudi Arabia is expected to grow from US$ 207.709.46 million in 2020 and is projected to reach US$ 304.43 million by 2028; it is expected to grow at a CAGR of 5.0% from 2021 to 2028. Drywall panels, also known as plasterboard or wallboard, are panels made of gypsum (calcium sulfate dehydrate) and is used in the construction industry. They are sometimes manufactured with additives in order to enhance their properties and add features such as fire resistance, water resistance, and mold resistance. Growth of theThe increasing construction activities in Saudi Arabia has significantly contributed towardsdrives the growth of the drywall panels market in Saudi Arabia. Furthermore, Saudi has witnessed significant increase in the value of contracts awarded, from  USUS$11.4 billion in 2016 to USUS$ 14.6 billion in 2018. The increased focus on the construction sector has garnered the interest of several international hoteliers. This has lead to the construction of a significant amount of rooms with the hospitality sector focusing on the significant potential of the industry in Saudi Arabia. The construction sector in Saudi Arabia is set to grow significantly after experiencing a setback during the pandemic, with a pipeline of over 200 projects that includes ~approximately 700,000 rooms, which is the highest in the Middle East. These factors are set to significantly aid the growth of the Saudi Arabia drywall panels market.
     

    Key Market Segments


    In terms of type, the regular segment in 2020,  accounted for the largest share of the Saudi Arabia drywall panels  market in 2020. In 2020, by application, the residential segment held the a largerst market share.
    Major Sources and Companies Listed

    A few major primary and secondary sources referred to while preparing the report on the Saudi Arabia drywall panels  market are company websites, annual reports, financial reports, national government documents, and statistical databases such as SBC, Comtrade, USGS, Saudi Contractors’ Authority (SCA), GASTAT, and other similar data related to the market. Major companies listed in the report are IKK Group of Companies, Mada Gypsum, EL-Khayyat Gypsum Factor, United Mining Industries, Knauf Gips KG, National Gypsum Company, Sinar, Al Watani Gypsum Co. Ltd., USG Corporation, and Saint Gobain S.A. 

    Reasons to Buy Report

    • Understand the Saudi Arabia drywall panels market landscape and identify segments that are most likely to guarantee a strong return
    • Stay ahead of the race by comprehending the ever-changing competitive market landscape in Saudi Arabia
    • Efficiently plan mergers and acquisitions, and partnership deals in the Saudi Arabia drywall panels  market by identifying market segments with the most promising probable sales
    • Take knowledgeable business decisions from perceptive and comprehensive analysis of performance of various market segments
    • Obtain market revenue forecast for market by various segments for the period 2019–2027

    Saudi Arabia Drywall Panels  Market, by Type

    • Regular
    • Moisture Resistant
    • Plaster Baseboard
    • Paperless
    • Type X
    • Others

    Saudi Arabia Drywall Panels  Market, by Application

    • Residential
    • Non- Residential

    Company Profiles

    • IKK Group of Companies
    • Mada Gypsum
    • EL-Khayyat Gypsum Factor
    • United Mining Industries
    • Knauf Gips KG
    • National Gypsum Company
    • Sinar
    • Al Watani Gypsum Co. Ltd.
    • USG Corporation
    • Saint Gobain S.A. 
    Identical Market Reports with other Region/Countries

    The List of Companies - Saudi Arabia Drywall Panels Market

    The List of Companies - Saudi Arabia Drywall Panels Market

    1. IKK Group of Companies
    2. Mada Gypsum
    3. EL-Khayyat Gypsum Factory
    4. United Mining Industries
    5. Knauf Gips KG
    6. National Gypsum Company
    7. Sinar
    8. Al Watani Gypsum Co. Ltd.
    9. USG Corporation
    10. Saint Gobain S.A.
    Frequently Asked Questions
    How big is the Saudi Arabia Drywall Panels Market?

    The Saudi Arabia Drywall Panels Market is valued at US$ 207.709.46 Million in 2020, it is projected to reach US$ 304.43 Million by 2028.

    What is the CAGR for Saudi Arabia Drywall Panels Market by (2021 - 2028)?

    As per our report Saudi Arabia Drywall Panels Market, the market size is valued at US$ 207.709.46 Million in 2020, projecting it to reach US$ 304.43 Million by 2028. This translates to a CAGR of approximately 5.0% during the forecast period.

    What segments are covered in this report?

    The Saudi Arabia Drywall Panels Market report typically cover these key segments-

  • Type (Regular, Moisture-Resistant, Plaster Baseboard, Paperless, Type X)
  • Application (Residential, Non-Residential)

    • What is the historic period, base year, and forecast period taken for Saudi Arabia Drywall Panels Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Saudi Arabia Drywall Panels Market report:

  • Historic Period : 2018-2019
  • Base Year : 2020
  • Forecast Period : 2021-2028
    • Who are the major players in Saudi Arabia Drywall Panels Market?

    The Saudi Arabia Drywall Panels Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • IKK Group of Companies
  • Mada Gypsum
  • EL-Khayyat Gypsum Factory
  • United Mining Industries
  • Knauf Gips KG
  • National Gypsum Company
  • Sinar
  • Al Watani Gypsum Co. Ltd.
  • USG Corporation
  • Saint Gobain S.A.
    • Who should buy this report?

    The Saudi Arabia Drywall Panels Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Saudi Arabia Drywall Panels Market value chain can benefit from the information contained in a comprehensive market report.

    saudi-arabia-drywall-panels-market