Product Code: ETC045910 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Plasterboard Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 11.85% in 2025, the market peaks at 13.45% in 2027, and settles at 11.24% by 2029.
By 2027, the Plasterboard market in Vietnam is anticipated to reach a growth rate of 13.45%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Vietnam Plasterboard Market has been experiencing significant growth due to the increasing demand from the construction industry. Plasterboard, also known as drywall or gypsum board, is extensively used for interior wall and ceiling applications in residential, commercial, and institutional buildings. The market`s growth is driven by factors such as urbanization, rising disposable income, and the government`s focus on infrastructure development. Plasterboard`s advantages, including ease of installation, cost-effectiveness, and fire resistance, have contributed to its widespread adoption in the country`s construction sector. Additionally, the market is witnessing innovations, such as lightweight and moisture-resistant plasterboards, to meet diverse construction requirements.
The Vietnam Plasterboard Market is influenced by several drivers that support the increasing demand for plasterboard in the construction industry. Plasterboard, with its ease of installation, cost-effectiveness, and fire resistance, has become a popular choice for interior wall and ceiling applications in residential and commercial buildings. The country`s rapid urbanization and infrastructure development have driven the need for efficient and fast construction solutions, boosting the demand for plasterboard. The government`s focus on affordable housing projects and urban development has also contributed to the market`s expansion. Additionally, the market benefits from the availability of a variety of plasterboard types, such as standard, moisture-resistant, and fire-resistant boards, catering to different construction requirements.
The Vietnam Plasterboard Market faces certain challenges that may influence its growth trajectory. One key challenge is the competition from alternative building materials, such as gypsum boards and lightweight concrete panels, which may be preferred in specific construction applications. The market may also face challenges related to the proper installation and handling of plasterboard, particularly in areas with high humidity or seismic activity. Supply chain disruptions, particularly for raw materials, can impact production timelines and product availability for manufacturers.
The Vietnam Plasterboard Market faced challenges during the COVID-19 pandemic due to disruptions in construction activities and supply chain disruptions. With lockdown measures and restrictions on movement, construction projects were delayed or put on hold, impacting the demand for plasterboard in the commercial and residential construction sectors.
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 Vietnam Plasterboard Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Plasterboard Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Plasterboard Market - Industry Life Cycle |
3.4 Vietnam Plasterboard Market - Porter's Five Forces |
3.5 Vietnam Plasterboard Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Vietnam Plasterboard Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Vietnam Plasterboard Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Vietnam Plasterboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Plasterboard Market Trends |
6 Vietnam Plasterboard Market, By Types |
6.1 Vietnam Plasterboard Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Plasterboard Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Vietnam Plasterboard Market Revenues & Volume, By Standard, 2021-2031F |
6.1.4 Vietnam Plasterboard Market Revenues & Volume, By Fire-resistant, 2021-2031F |
6.1.5 Vietnam Plasterboard Market Revenues & Volume, By Sound-insulated, 2021-2031F |
6.1.6 Vietnam Plasterboard Market Revenues & Volume, By Moisture-resistant, 2021-2031F |
6.1.7 Vietnam Plasterboard Market Revenues & Volume, By Thermal, 2021-2031F |
6.1.8 Vietnam Plasterboard Market Revenues & Volume, By Specialist, 2021-2031F |
6.1.9 Vietnam Plasterboard Market Revenues & Volume, By Triple low-e, gas-filled, 2021-2031F |
6.1.10 Vietnam Plasterboard Market Revenues & Volume, By Triple low-e, gas-filled, 2021-2031F |
6.2 Vietnam Plasterboard Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Plasterboard Market Revenues & Volume, By Tapered-edged, 2021-2031F |
6.2.3 Vietnam Plasterboard Market Revenues & Volume, By Square-edged, 2021-2031F |
6.3 Vietnam Plasterboard Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Plasterboard Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Vietnam Plasterboard Market Revenues & Volume, By Non-residential, 2021-2031F |
7 Vietnam Plasterboard Market Import-Export Trade Statistics |
7.1 Vietnam Plasterboard Market Export to Major Countries |
7.2 Vietnam Plasterboard Market Imports from Major Countries |
8 Vietnam Plasterboard Market Key Performance Indicators |
9 Vietnam Plasterboard Market - Opportunity Assessment |
9.1 Vietnam Plasterboard Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Vietnam Plasterboard Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Vietnam Plasterboard Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Vietnam Plasterboard Market - Competitive Landscape |
10.1 Vietnam Plasterboard Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Plasterboard Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |