Sticking together: The exit of unprofitable firms is leading to industry consolidation

The Plaster Product Manufacturing industry produces a range of gypsum-based products that are principally used for the internal cladding of walls and ceilings in buildings. The industry is dominated by several large-scale plasterboard manufacturers, including USG Boral, CSR Gyprock, Knauf Plasterboard and BGC Australia. Collectively, these firms are estimated to account for over 60% of annual industry revenue in the current year.The industry's performance is heavily dependent on the trends in the downstream building markets. Single-unit housing construction is particularly important for the industry, as these buildings tend to have a higher plaster content of construction than most other buildings...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
3.3%
Forecast Growth 17-22
Profit
Employment
4,080
Businesses
131

Industry Threats & Opportunities

  • The industry's performance is dependent on the trends in the downstream building markets
  • The residential building market accounts for over three-quarters of total plaster consumption
  • Short term prospects influenced by deteriorating demand from the residential building markets
  • Industry Report - Industry Locations Chapter

    Gypsum, the dominant raw material input into plaster products, is mainly sourced from Lake MacDonnell in South Australia and bulk transported to production plants located near the major cities. The major players in the industry maintain a widespread network of retail and distribution plants to service each regional market but maintain relatively few manufacturing plants. The distribution of enterprises by state and territory is derived from the annual Counts of Australian Businesses, which indicated that New South Wales and Victoria together accounted for almost 70% of businesses. While Queensland, South Australia and Western Australia share the remainder...purchase to read more.

    Additional Insights for the Plaster Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Plaster Product Manufacturing Industry are

  • Proximity to key markets
  • Downstream ownership links
  • Upstream vertical integration (ownership links)
  • IBISWorld analysts also discuss how external factors such as Demand from house construction and Demand from commercial and industrial building construction in the Plaster Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Plaster Product Manufacturing Industry?

    Companies in the Plaster Product Manufacturing industry produce plaster, plasterboard or other products composed wholly or principally of gypsum. The industry also includes companies that manufacture processed lightweight aggregates or other expanded non-metallic minerals.

    Industry Products
  • Plasterboard products
  • Plaster compounds
  • Plaster panel products
  • Moulded plaster products
  • Specialist plaster products
  • Industry Activities
  • Plaster acoustic and ceiling tiles
  • Plaster cornice
  • Plasterboard
  • Plaster wall or ceiling board
  • Fibrous plaster products
  • Plaster insulating board
  • Plaster moulding
  • Plaster display model
  • Plaster of Paris
  • Plaster product, except dental or medical plasters
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from house construction
  • Demand from commercial and industrial building construction
  • Demand from multi-unit apartment and townhouse construction
  • year bond rate

  • Current Performance
  • Profit and employment
  • Residential building
  • Non-residential building trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand fluctuates with housing trends
  • Profit margins tighten
  • Table: Plaster Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Plaster Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • House Construction
  • Multi-Unit Apartment and Townhouse Construction
  • Plastering and Ceiling Services
  • Dental Services
  • Commercial and Industrial Building Construction
  • Institutional Building Construction
  • Hardware Wholesaling

  • Key Selling Industries
  • Electricity, Gas, Water and Waste Services
  • Pulp, Paper and Paperboard Manufacturing
  • Rock, Limestone and Clay Mining

  • Products & Services
  • Plasterboard products
  • Plaster compounds
  • Plaster panel products
  • Moulded plaster products
  • Specialist plaster products
  • Chart: Plaster Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Company-owned distributors
  • Hardware wholesale and retail stores
  • Independently owned plaster distributors
  • Other
  • Chart: Major Market Segmentation for the Plaster Product Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Plaster Product Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Plaster Product Manufacturing Industry

  • Industry Globalization
    CSR Limited, Boral Limited, Knauf Plasterboard Pty Limited, BGC (Australia) Pty Ltd,
  • Table: CSR Limited - financial performance
  • Table: Boral Limited - financial performance
  • Table: Knauf Plasterboard Pty Limited - financial performance
  • Table: BGC (Australia) Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Plaster Product Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Plaster Product Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Plasterboard Production (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cornice Adhesive
  • A gypsum plaster-based adhesive used for cementing cornices and other decorative plaster products to gypsum plasterboard.
  • Gypsum
  • Mineral rock from which plaster is made.
  • Plasterboard
  • A wallboard with a gypsum plaster core bonded to layers of paper or fibreboard. Plasterboard is used to clad interior walls of a building.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Plaster Product Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Plaster Product Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Plaster Product Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Plaster Product Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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