Dry Construction Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR43471
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The dry construction market has the potential to grow by USD 22.56 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.75%.

This dry construction market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (residential building and commercial building) and geography (North America, Europe, APAC, MEA, and South America). The dry construction market report also offers information on several market vendors, including Armstrong World Industries Inc., Boral Ltd., Compagnie de Saint-Gobain SA, CSR Ltd., Etex NV, Fletcher Building Ltd., Grupo Promax, Knauf Gips KG, Pacific Coast Building Products Inc., and Xella International GmbH among others.

What will the Dry Construction Market Size be in 2021?

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Dry Construction Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rise in global construction and infrastructure development activities is notably driving the dry construction market growth, although factors such as higher cost of dry construction than brick and mortar constructions in developing regions may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the dry construction industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • One of the key factors driving growth in the dry construction market is the rise in global construction and infrastructure development activities.
  • The number of new constructions projects in several developed and emerging countries is on the rise after the prolonged depression in the construction market.
  • The growing population in APAC and MEA, along with the rapid urbanization and industrialization, is expected to push the demand for new housing constructions.
  • Government initiatives and major investments in new projects will further boost the growth of the construction industry.
  • The improving quality and energy efficiency of dry constructions is another major factor supporting the dry construction market share growth.
  • The increasing build quality, strict design and inspection processes, and the wide range of customization options available currently are attracting many homebuyers to dry constructions.
  • Most manufacturers of dry construction materials allow partial or complete customization of the design and specifications to get the house tailored to the customer's requirements.
  • The use of advanced insulation features and installation of energy-efficient materials during manufacturing makes dry constructed buildings greener, cost-efficient, and low-maintenance.

This dry construction market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Dry Construction Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Armstrong World Industries Inc.
  • Boral Ltd.
  • Compagnie de Saint-Gobain SA
  • CSR Ltd.
  • Etex NV
  • Fletcher Building Ltd.
  • Grupo Promax
  • Knauf Gips KG
  • Pacific Coast Building Products Inc.
  • Xella International GmbH

 

This statistical study of the dry construction market encompasses successful business strategies deployed by the key vendors. The dry construction market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The dry construction market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Dry Construction Market?

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36% of the market’s growth will originate from North America during the forecast period. The US is the key market for dry construction market in North America. Market growth in this region will be faster than the growth of the market in the European, South American, and MEA regions.

 The adaptability of the construction and e-commerce sectors to advanced technologies will facilitate the dry construction market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating End-user Segments in the Dry Construction Market?

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The dry construction market share growth by the residential building will be significant during the forecast period. The rising need to build more affordable homes is driving the market for dry construction globally. Reduced maintenance needs also contribute to the demand for dry construction in the global residential construction industry. The increase in disposable income among the middle-class and growing urban population in developing countries, such as India and China, is providing traction to the dry construction industry.

This report provides an accurate prediction of the contribution of all the segments to the growth of the dry construction market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Dry Construction Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive dry construction market growth during the next five years
  • Precise estimation of the dry construction market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the dry construction industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of dry construction market vendors

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Dry Construction Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.75%

Market growth 2021-2025

$ 22.56 billion

Market structure

Fragmented

YoY growth (%)

4.06

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 36%

Key consumer countries

US, Germany, China, UK, and Denmark

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Armstrong World Industries Inc., Boral Ltd., Compagnie de Saint-Gobain SA, CSR Ltd., Etex NV, Fletcher Building Ltd., Grupo Promax, Knauf Gips KG, Pacific Coast Building Products Inc., and Xella International GmbH

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Residential building - Market size and forecast 2020-2025
  • Commercial building - Market size and forecast 2020-2025
  • Market opportunity by End-user

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Armstrong World Industries Inc.
  • Boral Ltd.
  • Compagnie de Saint-Gobain SA
  • CSR Ltd.
  • Etex NV
  • Fletcher Building Ltd.
  • Grupo Promax
  • Knauf Gips KG
  • Pacific Coast Building Products Inc.
  • Xella International GmbH

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The dry construction market growth will increase by $22.73 billion during 2019-2024.
The dry construction market is expected to grow at a CAGR of 4.82% during 2019-2024.
Technavio has segmented the dry construction market by end user (Residential building and Commercial building) and geographic (North America, Europe, APAC, MEA, and South America).
Armstrong World Industries Inc., Boral Ltd., Compagnie de Saint-Gobain SA, CSR Ltd., Etex NV, Fletcher Building Ltd., Grupo Promax, Knauf Gips KG, Pacific Coast Building Products Inc., Xella International GmbH are a few of the key vendors in the dry construction market.
North America will register the highest growth rate of 38.45% among the other regions. Therefore, the dry construction market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the dry construction market growth are:
  • Rise in global construction and infrastructure development activities
  • Growing construction and infrastructure sectors
The dry construction market vendors should focus on grabbing business opportunities from the residential building segment as it accounted for the largest market share in the base year.
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