Plastering and Ceiling Services in New Zealand - Industry Market Research Report

Plastering and Ceiling Services in New Zealand - Industry Market Research Report

Plastering and Ceiling Services in New Zealand

Revenue is forecast to climb at an annualised rate of 1.3% over the five years through 2021-22. Prior to the pandemic, plasterers benefited from favourable demand conditions across key building markets. Plasterers particularly benefited from strong growth in new dwelling consents, which underpinned demand for plaster wall lining and cornice installation on new homes. Household discretionary income also trended upwards, supporting spending on minor repair and renovation work on existing homes. Favourable economic conditions also facilitated increased investment, driving opportunities in the non-residential construction market.

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

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 key players and their market shares.