Market Forecast By Product Type (Wallboard, Ceiling Board, Pre-decorated Board, Others), By End-Use (Residential, Corporate, Commercial, Institutional) And Competitive Landscape
Product Code: ETC9166954 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Saudi Arabia Gypsum Board Market |
Forecast period | 2025-2031 |
CAGR | 7.5% |
Growing Sector | Residential |
Saudi Arabia Gypsum Board Market report thoroughly covers the market by product type and by application channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Saudi Arabia Gypsum Board Market is witnessing significant growth, driven by ongoing urbanization, large-scale construction projects, and the government's Vision 2030 initiative. As the country experiences rapid industrial expansion and urban development, demand for building materials, particularly gypsum boards, is increasing. The market is expected to grow substantially over the next few years, with a focus on energy-efficient and sustainable construction materials. Gypsum boards, which are known for their thermal and acoustic insulation properties, are gaining traction across residential, commercial, and industrial sectors.
According to 6Wresearch, the Saudi Arabia Gypsum Board Market is anticipated to grow at a CAGR of 7.5% during the forecast period 2025-2031. The Saudi Arabia gypsum board market is experiencing significant growth due to several key factors. The government's Vision 2030 initiative, which promotes large-scale infrastructure and urban development projects, has been a major driver of demand. This, coupled with rapid urbanization and increased residential, commercial, and industrial construction activities, is fueling the need for building materials like gypsum boards. Additionally, the growing emphasis on energy-efficient and sustainable building practices, along with the thermal and acoustic insulation properties of gypsum boards, is contributing to their widespread adoption. Technological advancements in product development, such as moisture- and fire-resistant boards, further enhance the market's appeal.
However, challenges such as fluctuations in raw material prices, competition from alternative building materials like cement boards and plywood, and environmental concerns around recycling gypsum waste can hinder Saudi Arabia Gypsum Board Market Growth. Moreover, the reliance on imports for gypsum boards creates supply chain vulnerabilities, while regional differences in construction preferences may limit the material's adoption in certain areas. Despite these challenges, the market outlook remains positive as construction demand continues to rise.
Saudi Arabia Gypsum Board Industry is evolving with several key trends shaping its growth. One prominent trend is the increasing demand for eco-friendly and energy-efficient building materials, driven by growing environmental awareness and the government’s focus on sustainable construction practices. Gypsum boards, with their excellent thermal and acoustic insulation properties, are gaining popularity in both residential and commercial buildings as part of energy-efficient solutions. Another trend is the rise of innovative product offerings, such as moisture-resistant, fire-rated, and soundproof gypsum boards, which cater to the diverse needs of modern construction projects.
Furthermore, the booming construction sector, particularly in large-scale infrastructure projects under the Vision 2030 initiative, is driving a steady demand for gypsum boards. The trend towards urbanization and the development of smart cities also supports this growth, as gypsum boards are an essential component in interior partitioning and ceiling systems. Additionally, the market is witnessing greater adoption of pre-decorated gypsum boards that simplify construction processes and enhance aesthetic appeal. These trends, along with advancements in manufacturing technologies, are helping to shape the future of the Saudi Arabia gypsum board market, positioning it for continued growth in the coming years.
Saudi Arabia Gypsum Board Market presents several lucrative investment opportunities, driven by the country's rapid urbanization, large-scale infrastructure projects, and growing demand for sustainable construction materials. One promising area for investment is in the production of advanced gypsum boards, such as moisture-resistant, fire-rated, and soundproof boards, which are increasingly in demand due to evolving construction standards and the need for high-performance materials. Investors can also explore opportunities in establishing manufacturing plants locally, as the market heavily depends on imports, which creates potential for cost savings and enhanced supply chain efficiency.
With the government's Vision 2030 initiative focusing on massive urban development and infrastructure projects, including the creation of smart cities and mega-projects like NEOM, the demand for building materials, including gypsum boards, is set to rise. Furthermore, there is a growing market for pre-decorated and customizable gypsum boards, which can provide value-added offerings to meet the diverse aesthetic and functional needs of modern construction. Additionally, investing in sustainable gypsum recycling technologies could cater to the increasing demand for environmentally friendly solutions in the building sector. With these factors combined, the Saudi Arabia gypsum board market offers diverse and promising avenues for investors looking to capitalize on the construction boom and the shift toward green building practices.
The Saudi Arabia gypsum board market is home to several leading players who are driving competition and innovation within the industry. Key players include multinational companies like Knauf Gips KG, a global leader in gypsum-based products, which has a strong presence in the Saudi market, offering a wide range of gypsum boards for various construction applications.
Mada Gypsum Company, a local manufacturer, is another major player, known for producing high-quality gypsum boards tailored to meet the growing demand in the region. Saint-Gobain, a global construction material manufacturer, also contributes significantly to the market with its advanced gypsum board products that focus on sustainability and energy efficiency. National Gypsum Company, a prominent name in the industry, provides a range of products that cater to both residential and commercial construction needs. Additionally, GYPSEMNA, a leading regional player, has made notable strides in the market with its diverse gypsum board offerings and strong distribution networks.
The government plays a significant role in shaping the gypsum board market through regulations that focus on construction standards, sustainability, and safety. Under the Vision 2030 initiative, the government has prioritized large-scale infrastructure projects, urbanization, and the development of sustainable cities, which has led to stricter building codes and regulations that promote energy-efficient, environmentally friendly materials. These regulations often specify the use of materials like gypsum boards for their thermal insulation and fire-resistant properties, aligning with the country's broader goals for energy conservation and safety in building construction.
Additionally, the Saudi Standards, Metrology, and Quality Organization (SASO) enforces quality standards for construction materials, including gypsum boards, ensuring they meet required specifications for durability, safety, and performance. There are also increasing regulations surrounding environmental sustainability, including the reduction of carbon footprints and the encouragement of recyclable and eco-friendly building materials. These regulatory frameworks are creating a favourable environment for the growth of the gypsum board market, while also pushing companies to innovate and comply with these evolving standards to remain competitive.
The future of the Saudi Arabia Gypsum Board Industry looks promising, with strong growth anticipated over the coming years. Driven by the country's ambitious Vision 2030 initiatives, which focus on large-scale infrastructure projects, urban development, and sustainable construction practices, the demand for gypsum boards is expected to rise steadily. The growing emphasis on energy-efficient buildings and sustainable construction materials will continue to support the adoption of gypsum boards, particularly those offering advanced properties such as fire resistance, moisture resistance, and acoustic insulation. Additionally, as the market matures, there is an increasing trend toward the use of pre-decorated gypsum boards, which provide both functional and aesthetic benefits.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Vasu, Senior Research Analyst, 6Wresearch, Wallboards are the most widely used type due to their versatility in construction applications, such as partitions, internal walls, and facades in both residential and commercial buildings. Their dominance can be attributed to the rapid growth of the construction sector, driven by large-scale infrastructure projects under the Saudi government's Vision 2030 initiative. Wallboards are also cost-effective, easy to install, and comply with fire resistance and safety standards, making them a preferred choice in both large-scale developments and everyday construction. This widespread demand across various construction projects solidifies wallboards as the leading segment in the Saudi Arabia gypsum board market.
Residential segment is currently experiencing significant growth and dominating the market. This growth is largely driven by the rapid urbanization and population expansion in the country, leading to a surge in demand for residential housing. The government’s Vision 2030 initiative, which focuses on increasing the availability of affordable housing and developing new residential communities, further supports this growth. Gypsum boards are widely used in residential construction due to their versatility, cost-effectiveness, and ability to meet safety and aesthetic requirements.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Gypsum Board Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Gypsum Board Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Gypsum Board Market - Industry Life Cycle |
3.4 Saudi Arabia Gypsum Board Market - Porter's Five Forces |
3.5 Saudi Arabia Gypsum Board Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Saudi Arabia Gypsum Board Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Saudi Arabia Gypsum Board Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Saudi Arabia |
4.2.2 Increasing demand for lightweight and cost-effective building materials |
4.2.3 Government initiatives promoting sustainable construction practices |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Intense competition among gypsum board manufacturers |
4.3.3 Impact of economic downturns on the construction sector |
5 Saudi Arabia Gypsum Board Market Trends |
6 Saudi Arabia Gypsum Board Market, By Types |
6.1 Saudi Arabia Gypsum Board Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Gypsum Board Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Saudi Arabia Gypsum Board Market Revenues & Volume, By Wallboard, 2021- 2031F |
6.1.4 Saudi Arabia Gypsum Board Market Revenues & Volume, By Ceiling Board, 2021- 2031F |
6.1.5 Saudi Arabia Gypsum Board Market Revenues & Volume, By Pre-decorated Board, 2021- 2031F |
6.1.6 Saudi Arabia Gypsum Board Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Saudi Arabia Gypsum Board Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Gypsum Board Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Saudi Arabia Gypsum Board Market Revenues & Volume, By Corporate, 2021- 2031F |
6.2.4 Saudi Arabia Gypsum Board Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.5 Saudi Arabia Gypsum Board Market Revenues & Volume, By Institutional, 2021- 2031F |
7 Saudi Arabia Gypsum Board Market Import-Export Trade Statistics |
7.1 Saudi Arabia Gypsum Board Market Export to Major Countries |
7.2 Saudi Arabia Gypsum Board Market Imports from Major Countries |
8 Saudi Arabia Gypsum Board Market Key Performance Indicators |
8.1 Average selling price of gypsum boards |
8.2 Number of new construction projects using gypsum boards |
8.3 Adoption rate of gypsum boards in commercial and residential construction applications |
8.4 Percentage of gypsum board waste recycled or reused |
8.5 Customer satisfaction levels with gypsum board quality and performance |
9 Saudi Arabia Gypsum Board Market - Opportunity Assessment |
9.1 Saudi Arabia Gypsum Board Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Saudi Arabia Gypsum Board Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Saudi Arabia Gypsum Board Market - Competitive Landscape |
10.1 Saudi Arabia Gypsum Board Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Gypsum Board Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |