Plaster Product Manufacturing in Australia - Industry Market Research Report

Reinforcement required: Withdrawal of the HomeBuilder subsidy likely to put a hole in revenue

Operators in the Plaster Product Manufacturing industry produce a range of gypsum-based products that are mainly used for internal cladding of building walls and ceilings. The industry's performance depends heavily on trends in the downstream building markets, which have displayed widely divergent trends over the past five years. The residential building market has provided the largest source of demand for plaster products for much of the past five years, supported by historically low interest rates and underlying population growth. However, demand from the apartment and townhouse construction market has contracted sharply from the record peak in 2017-18. Similarly, demand from the non-residential building market has slumped following the COVID-19 outbreak. The Federal Government's HomeBuilder scheme has supported demand for plaster products from the single-unit (detached) house construction and home renovation markets over recent years.

Industry firms produce plaster, plasterboard and other products composed wholly or principally of gypsum. The industry excludes firms that manufacture processed lightweight aggregates or other expanded non-metallic minerals.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.