Ceiling Tiles 2020 Global Market Outlook, Research, Trends and Forecast to 2027

 The global ceiling tiles market size is predicted to grow at an 8.2% CAGR between 2017- 2023, states the recent Market Research Future (MRFR) analysis. Ceiling tiles, or ceiling panels, simply put, are lightweight construction materials that are used for covering the ceiling. They offer thermal insulation and are generally designed for improving the acoustics and aesthetics of rooms. 

Various factors are propelling the global ceiling tiles market share. According to the recent MRFR report, such factors include the increasing number of home renovation and improvement projects, especially in developed countries, demand for low maintenance building products, growing demand for decorative interiors, rising commercial construction activities like healthcare facilities, office complexes, and institutional buildings worldwide, and increasing disposable income. Additional factors adding market growth include changing consumer lifestyle, demand for acoustic and thermal insulation, and the accessibility of innovative & advanced construction solutions which need low maintenance and are durable. 

On the flip side, fluctuating raw material cost, the availability of substitutes such as mortar tiles and asphalt, and the impact of the ongoing COVID-19 pandemic are factors that may impede the global ceiling tiles market growth over the forecast period. 

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MARKET SEGMENTATION

By Product

  • Mineral Wool
  • Metal
  • Gypsum
  • Wood
  • Others

By Installation Type

  • Drop In
  • Glue Up Wall

Application

  • Residential
  • Non-residential
  • Rest of the World

Regional Analysis

Based on the region, the global ceiling tiles market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Of these, North America will have the lions share in the market over the forecast period. Growing demand for building products that need low maintenance, strong development in residential and commercial structures in the US, sustained investments in the commercial real estate, and preference of consumers for green buildings are adding to the global ceiling tiles market growth in the region. 

The global ceiling tiles market in Europe is predicted to hold the second-largest share over the forecast period. Rising rehabilitation and repair activities of the existing infrastructure, growing demand for the availability of sustainable and innovative construction solutions, simple installation techniques, stringent regulations on particulate emissions, and the presence of established construction industry are adding to the global ceiling tiles market growth in the region. 

The global ceiling tiles market in the APAC region is predicted to grow at the highest CAGR over the forecast period. Growing non-residential and residential construction activities, and consumers' growing awareness about green construction are adding to the global ceiling tiles market growth in the region. India, China, and Japan have the utmost share in the market. 

The global ceiling tiles market in the RoW is predicted to have sound growth over the forecast period. The development of hotels, changing lifestyles, and growing initiatives by the government regarding the tourism sector is adding to the global ceiling tiles market growth in the region. 

Competitive Landscape

Leading contenders profiled in the global ceiling tiles market report include The ReWall Company, LLC (U.S.), VANS Gypsum Pvt Ltd (India), Decorative Ceiling Tiles, Inc. (U.S.), Burgess CEP (U.K.), Hunter Douglas (The Netherlands), Odenwald Faserplattenwerk GmbH (Germany), SAS International (U.K.), Saint Gobain S.A. (France), USG Corporation (U.S.), Rockfon (U.S.), Grenzebach BSH GmbH (Germany), Knauf (Germany), and Armstrong World Industries, Inc. (U.S.). 

Table of content

1... Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3... Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4 Global Ceiling Tiles Market, By Product

4.1 Introduction

4.2 Mineral Wool

4.3. Metal

4.4 Gypsum

4.5 Woods

4.6 Others

5 Global S Market, By Installation Type

5.1 Introduction

5.2. Drop In

5.3. Glue Up

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact

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Magarpatta Road, Hadapsar,
Pune 411028
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