Hitting the roof: Strong demand conditions have led to the industry's strong performance

The Plastering and Ceiling Services industry generates approximately half of its revenue from fixing plasterboard as internal lining on new residential buildings. The industry also derives revenue from installing and renovating wall and ceiling lining on non-residential buildings, from renovation work on existing residential buildings, and also from the exterior rendering of buildings and structures.The industry's performance has surged over the past five years on the back of robust demand conditions across key building markets, in particular, new residential building construction. The surge in dwelling commencements over the five-year period underpinned demand for plasterboard and cornice installation on new homes...read more.

Industry Statistics & Market Size
Revenue
$628m
Annual Growth 13-18
15.3%
Forecast Growth 18-23
Profit
Employment
3,250
Businesses
1,980
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The industry’s performance has surged on the back of accelerated residential building construction
  • Positive trends in the household renovation and repair market have helped many small-scale operators
  • Weaker residential building demand conditions are set to dampen the industry’s performance
  • Industry Report - Industry Locations Chapter

    The industry's geographic distribution broadly corresponds with the regional distribution of the New Zealand population and reflects the industry's fragmented structure. The industry is made up of very small-scale carpentry firms that operate within narrow geographic markets, or provide specialist services.Industry activity has skewed towards the Canterbury region in recent years, with almost one-quarter of industry enterprises currently operating in the region. This reflects the surge in demand for the reconstruction of buildings damaged in the 2010-11 earthquakes in the region. Plaster wall and ceiling lining was easily damaged in the earthquakes, even when buildings remained structurally sound. This generated substantial repair activity spanning the past five years...purchase to read more.

    Additional Insights for the Plastering and Ceiling Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Plastering and Ceiling Services Industry are

  • Having a good reputation
  • Ability to expand and curtail operations rapidly in line with market demand
  • Ability to compete on tender
  • IBISWorld analysts also discuss how external factors such as Dwelling commencements and residential construction capital expenditure in the Plastering and Ceiling Services industry impact industry performance..

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    What's in this report

    What is the Plastering and Ceiling Services in New Zealand Industry?

    Industry companies are mainly engaged in plastering, plaster fixing or finishing.

    Industry Products
  • Plasterboard fixing
  • Plasterboard repair
  • Solid and fibrous plastering
  • Exterior plastering
  • Industry Activities
  • Cement rendering of buildings
  • Decorative plaster fixing
  • Fibrous plaster fixing or finishing
  • Plaster work on construction projects
  • Plasterboard fixing or finishing
  • Solid plastering
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Dwelling commencements
  • residential construction capital expenditure
  • Capital expenditure on residential buildings
  • Real household discretionary income

  • Current Performance
  • Post-earthquake reconstruction
  • Factors driving demand
  • Profit growth
  • Industry participation
  • Chart: Revenue Growth

  • Industry Outlook
  • Profitability falls
  • Key demand drivers
  • Table: Plastering and Ceiling Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Plastering and Ceiling Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • House Construction in New Zealand
  • Multi-Unit Apartment and Townhouse Construction in New Zealand
  • Institutional Building Construction in New Zealand
  • Commercial Property Operators in New Zealand
  • Commercial and Industrial Building Construction in New Zealand

  • Key Selling Industries
  • Hardware and Building Supplies Retailing in New Zealand
  • Hardware Wholesaling in New Zealand
  • Heavy Machinery and Scaffolding Rental and Hiring in New Zealand

  • Products & Services
  • Plasterboard fixing
  • Plasterboard repair
  • Solid and fibrous plastering
  • Exterior plastering
  • Chart: Plastering and Ceiling Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential builders and developers
  • Non-residential builders, property developers and managers
  • Households and residential property managers
  • Chart: Major Market Segmentation for the Plastering and Ceiling Services 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 Plastering and Ceiling Services

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Plastering and Ceiling Services Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Plastering and Ceiling Services 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 Plastering and Ceiling Services Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Fibrous Plastering
  • The creation of decorative plasterwork using a combination of plaster of Paris, hessian and other materials (e.g. fibreglass). Often used for restoration work.
  • Plasterboard
  • Also known as drywall, gypsum wallboard and sheetrock, this product is made up of solid plaster that is set between two sheets of paper. It is mainly designed for the interior lining of buildings.
  • Render
  • The base coat of plaster or concrete coating product that is applied to the external surface of buildings and structures (typically brick walls).
  • Solid Plastering
  • The process of rendering a surface by traditional methods using plaster mixture on a backing of wooden lathes or hessian.
  • Stucco
  • General term for all kinds of external plastering or rendering of a building or structure.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Plastering and Ceiling Services in New Zealand market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    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 Plastering and Ceiling Services in New Zealand:
    • 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 Plastering and Ceiling Services in New Zealand 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 Plastering and Ceiling Services in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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