Plasterboard Market In APAC to grow by $ 2.94bn|Key Drivers and Trends|Technavio
According to Technavio, the plasterboard market in apac size is expected to value at $ 2.94 bn during 2021-2025. The market sizing analysis in the report reveals that the market growth will progressing at a CAGR of over 8%. The report offers exclusive detailed COVID-19 impact study, which majorly highlights vendor performance and new business opportunities during and post pandemic period.
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Plasterboard Market in APAC Trends & Drivers
The plasterboard market in apac research report has a detailed analysis on the key drivers, trends, and challenges, which will help vendors in making important business decisions and modifications to cater to the changing consumer demand. While it is essential to capitalize on key drivers such as rapid urbanization coupled with rise in construction activities, it is also crucial to understand the challenges that will impede sales during the forecast period. Identifying and addressing market growth challenges will create additional opportunities for the existing and new market players.
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The plasterboard market in apac has also explored key trends such as expansion in retail landscape, which will have a significant positive impact on the market growth over the forecast period. A thorough study of the market trends will enable vendors to understand demographics effectively, which can be used to further product and service innovation.
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Plasterboard Market In APAC: Segmentation Analysis
This market research report segments the plasterboard market in apac by End-user (Residential and Non-residential) and Geography (China, Australia, South Korea (Republic of Korea), and Rest of APAC).
The China region led the plasterboard market in apac in 2021, followed by Australia, South Korea (Republic of Korea), and Rest of APAC respectively. During the forecast period, the China region is expected to register the highest incremental growth due to factors such as .
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A few of the key topics covered in the report include:
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario