The India gypsum board market size reached USD 1,036.10 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,575.99 Million by 2033, exhibiting a growth rate (CAGR) of 4.80% during 2025-2033. The rapid urbanization, rising residential and commercial construction, and growing demand for cost-effective, lightweight, and fire-resistant building materials are supporting the market demand. In addition to this, the increasing awareness of sustainable construction practices and government initiatives promoting infrastructure development further support market growth across Tier I and Tier II cities.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1,036.10 Million |
Market Forecast in 2033 | USD 1,575.99 Million |
Market Growth Rate 2025-2033 | 4.80% |
Rising Preference for Sustainable and Green Building Materials
Sustainability is a key trend in the India gypsum board market, with rising adoption of eco-friendly construction materials. Gypsum boards, known for being recyclable and energy-efficient, support green building practices. Builders and architects prefer them over traditional materials like brick or cement due to their lower environmental impact. The Indian government's focus on green certification and energy-efficient buildings is accelerating this shift. In 2022, green buildings in India conserved over 45 billion kWh of energy, saved 14 billion liters of water, and mitigated 40 million tonnes of greenhouse gas (GHG) emissions. Corporate offices, educational institutions, and commercial complexes are increasingly using gypsum boards to meet sustainability norms and reduce carbon footprints. This trend is driving long-term demand in both urban and semi-urban developments, reinforcing the role of sustainable materials in modern construction.
Increasing Application in Modular and Prefabricated Construction
The increasing trend for modular and prefabricated building methods is substantially impacting the India gypsum board market. Gypsum boards are gaining traction in these types of projects because they are easy to install, light weight, and accommodate dry construction technology. The boards facilitate quicker execution of projects with better finish and insulation, thereby making them most suitable for timely infrastructure projects, particularly in the commercial and institutional segments. Prefab buildings in metro rail ventures, hospitals, and smart cities are increasingly using gypsum boards in partitions, ceilings, and walls. As developers look for time- and cost-effective substitutes to conventional materials, the use of gypsum boards in prefabricated construction continues to spread in the Indian market.
Growing Usage in Interior Aesthetics and Acoustic Solutions
The most significant increase observed is in the application of gypsum boards to beautify interior surroundings and acoustic specifications in new age Indian construction. As consumer requirements for trendy, functional interiors pick up pace, gypsum boards find widespread applications in false ceilings, wall paneling, and trendy partitions. These boards have a superior surface finish, high design flexibility, and good sound insulation, thus being a common choice in luxury homes, hotels, shopping centers, and offices. Acoustic-grade gypsum boards are increasingly becoming popular in theatres, studios, and schools where noise suppression is essential. This trend identifies the changing aesthetics for beautiful and functional interiors, further driving the demand for value-added gypsum board types in the market.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on product type and end use.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes wallboard, ceiling board, pre-decorated board, and others.
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes residential, corporate, commercial, and institutional.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North, South, East, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Product Types Covered | Wallboard, Ceiling Board, Pre-decorated Board, Others |
End Uses Covered | Residential, Corporate, Commercial, Institutional |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: