Dry Construction Market
The market for Dry Construction was estimated at $81.7 billion in 2024; it is anticipated to increase to $106 billion by 2030, with projections indicating growth to around $133 billion by 2035.
Global Dry Construction Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Dry Construction industry revenue is expected to be around $85.4 billion in 2025 and expected to showcase growth with 4.5% CAGR between 2025 and 2034. Its ability to transform lies in changing the construction sector to help adapt to the increasing levels of urbanization worldwide and stricter environmental rules.
Dry construction utilizes prefabricated elements of relying heavily on wet trades like plaster and concrete for installation purposes. It is known for its installation process and minimal waste production on site as well as its high resistance to fire and weather conditions coupled with improved thermal efficiency. The recent shift towards construction stems from its eco friendly nature that resonates with the increasing global focus, on sustainable practices.
Market Key Insights
- The Dry Construction market is projected to grow from $81.7 billion in 2024 to $127 billion in 2034. This represents a CAGR of 4.5%, reflecting rising demand across Residential Building Construction, Commercial Building Construction and Interior Design and Renovation.
- Knauf Gips KG, Etex Group, Xella Group are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Dry Construction market and are expected to observe the growth CAGR of 3.1% to 4.1% between 2024 and 2030.
- Emerging markets including India, Nigeria and Indonesia are expected to observe highest growth with CAGR ranging between 5.0% to 6.3%.
- Transition like Sustainable Development Shift has greater influence in United States and China market's value chain; and is expected to add $3 billion of additional value to Dry Construction industry revenue by 2030.
- The Dry Construction market is set to add $45.2 billion between 2024 and 2034, with manufacturer targeting Plasterboard & Plastic Material Type projected to gain a larger market share.
- With Increasing demand for lightweight and durable construction materials, and Energy efficiency and thermal insulation, Dry Construction market to expand 55% between 2024 and 2034.