Ceiling Tiles Market - Global Industry Analysis

Ceiling Tiles Market By Material Type (Mineral Fiber, Metal, Gypsum, and Others). By Property Type (Acoustic and Non-Acoustic). By End User (Residential and Non-Residential). and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022-2028

Published Date: 03-May-2022 Category: Chemical & Materials Report Format : PDF Pages: 180 Report Code: ZMR-2654 Status : Published

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Description

Industry Prospective:

The Ceiling Tiles Market was worth around USD 7,234.5 billion in 2021 and is estimated to grow to about USD 10,146.6 billion by 2028, with a compound annual growth rate (CAGR) of approximately 5.8 percent over the forecast period. The report analyzes the Ceiling Tiles Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Ceiling Tiles Market.

Ceiling Tiles Market: Overview

The primary drivers driving the market are rising demand for ceiling tiles from the construction industry and the reduction of carbon footprints in the raw material processing for manufacturing ceiling tiles. The growing emphasis on interior and outdoor design in commercial, industrial, and other businesses is driving the supply-demand curve for ceiling tiles higher globally. Due to rapidly expanding demand from the residential, commercial, hospitality, and other sectors, ceiling tile suppliers have seen a surge in demand for laminated ceiling tiles, which is expected to propel sales further in the coming years. During the projection period, innovation in gypsum tiles for their biodegradable features is projected to generate chances for the market. Due to the growing Western influence, customers are now looking for economical false ceiling choices with attractive and sophisticated interiors, raising demand and opening up new business potential. Moreover, technical improvements have helped manufacturers to streamline the installation procedure, ensuring correct alignment as well as the best final look to end-users, which is projected to drive the market in the future years.

Covid-19 Impact

The market slowed significantly during the COVID-19 pandemic crisis when construction activity worldwide came to a standstill. During the peak of the COVID-19 pandemic, there was a significant drop in new construction projects. Moreover, the COVID-19 pandemic breakout in 2020 has put a strain on the building, construction, and remodeling industries, leading to a drop in demand for ceiling tiles. Due to the unexpected onset of the pandemic, consumers' purchase patterns or tendency toward various services such as interior decorating has changed, since the attention has shifted more towards the emergency situation. The abrupt outbreak of the COVID-19 pandemic had resulted in the introduction of harsh lockdown regulations across various nations, causing a temporary halt in numerous construction works and, as a result, limiting demand for ceiling tiles. However, with the COVID-19 pandemic's fading effect, the market has already begun to recover.

Global Ceiling Tiles Market

Ceiling Tiles Market: Driver

In order to support market growth, commercial construction activities are being increased.

This market is being driven by increased construction activity in commercial sectors such as hospitals and clinics, office buildings, educational institutions, and industrial complexes. The growing inclination for thermal insulation, improved aesthetics, and increased disposable income among customers are driving up demand for ceiling tiles. The changing business sector, as well as the use of tiles to improve the overall aesthetic of office structures, are driving market expansion. Furthermore, the medical industry is rapidly expanding, which is resulting in the construction of hospitals, which leads to product demand. The application for improving the appearance of the home and the exterior of residential structures is also an important component driving the market.

Ceiling Tiles Market: Restraint

Market Growth is Being Affected by High Costs and Susceptibility to Damage

The entire process of manufacturing and installing suspended tiles and supporting grids is costly. Raw material prices, ceiling design, and skilled installation are only a few of the elements that contribute to the high cost of ceiling tiles. Fluctuations and increases in any of these elements have a direct impact on the market, making them a high-risk factor. Furthermore, these tiles are readily damaged by molds and water, necessitating frequent replacement. Due to the damage-prone nature and high cost of ceramic tiles, buyers may shift to less expensive solutions, retraining the market.

Ceiling Tiles Market: Segmentation

The Ceiling Tiles Market is segregated based on Material Type, Property Type, and End User.

By Material Type, the market is classified into Mineral Fiber, Metal, Gypsum, and Others. Gypsum accounted for a major portion of revenue in the forecast period. This is due to the numerous advantages offered by these tiles, such as ease of installation, less weight on the structure, and ease of repair and maintenance. The rapidly expanding demand for various types of ceiling tiles is expected to put additional strain on materials such as gypsum. The market for ceiling tiles composed of various materials such as polycarbonate, wood, and PVC is predicted to stabilize in the next years, reducing the usage rate of regularly used materials.

By End User, the market is classified into Residential and Non-Residential. Non-residential segment leads the ceiling tiles market in the forecast period. This is due to the fast increasing commercial building construction activity around the world. Investing in the development of the non-residential construction industry in numerous developing nations such as India, Brazil, and South Korea is likely to drive market growth throughout the projection period. Ceiling tiles are commonly utilized in a variety of commercial settings, including hospitality, healthcare, and retail, in medical hallways, corridors, operating rooms, diagnostic centers, and clinics. These tiles are primarily employed to enhance the looks of commercial and cultural buildings, as well as to improve thermal and acoustic insulation capabilities.

Report Scope:

Report Attribute	Details
Base Year	2020
Historic Years	2016 - 2020
Forecast Years	2021 - 2028
Segments Covered	By Product Type, By Application, and By End Use
Forecast Units	Value (USD Billion), and Volume (Units)
Quantitative Units	Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered	U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered	10 companies with scope for including additional 15 companies upon request
Report Coverage	Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope	Avail customized purchase options to meet your exact research needs.

Recent Developments

In 2020, Armstrong World Industries, Inc., a market leader in residential and commercial ceilings, suspension systems, and walls, has introduced a new product, the 24/7 Defend product line, designed to provide healthier and safer spaces with cleaner air. AirAssure ceiling systems, which self-seal to the ceiling grid to prevent air leakage, are part of the portfolio, as is an in-ceiling (UV-C) air purification system.

Regional Landscape

In terms of both value and volume, North America is the largest market for ceiling tiles. The presence of significant ceiling tile manufacturers, as well as the expansion of the building and construction industry in this area, can be credited to the growth of the ceiling tiles market in North America. The United States, being the main center of the North American ceiling tile market, has a lot of promise in the next years. Growth in the United States is being driven by an increase in the use of various types of ceiling tiles, such as plain ceiling tiles, fissured ceiling tiles, and others. Furthermore, technological developments and severe laws governing VOC emissions from construction materials in the region are propelling the regional market.

The Asia Pacific ceiling tiles market is expected to grow significantly through the forecast period, owing to rising consumer disposable incomes in developing nations such as India, China, and others, which would result in higher adoption of modern construction practices. Furthermore, factors such as significant population growth, urbanization, and ongoing commercial and residential remodeling operations will boost the regional market space in the next years. Due to the expansion of the business sector, the bulk of the population in the region is migrating to big cities and places. This has resulted in a high level of product demand for both commercial and residential applications.

Competitive Landscape

Some of the main competitors dominating the Ceiling Tiles Market include - Armstrong World Industries (US), USG Corporation (US), Hunter Douglas (Netherlands), SAS International (UK), CertainTeed (US), Rockfon (Denmark), Odenwald Faserplattenwerk GmbH (Germany), Knauf (Germany), Saint-Gobain Gyproc (France), and Georgia-Pacific (US).

The Ceiling Tiles Market is segmented as follows:

By Material Type

Mineral Fiber
Metal
Gypsum
Others

By Property Type

Acoustic
Non-Acoustic

By End-User

Residential
Non-Residential

By Region

North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa

Table Of Content

Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
  - 1.3.1 Market Research Type
  - 1.3.2 Market research methodology
Chapter 2. Executive Summary
- 2.1 Global Ceiling Tiles Market, (2022 - 2028) (USD Billion)
- 2.2 Global Ceiling Tiles Market : snapshot
Chapter 3. Global Ceiling Tiles Market - Industry Analysis
- 3.1 Ceiling Tiles Market: Market Dynamics
- 3.2 Market Drivers
  - 3.2.1 In order to support market growth
  - 3.2.2 commercial construction activities are being increased.
- 3.3 Market Restraints
  - 3.3.1. Market Growth is Being Affected by High Costs and Susceptibility to Damage
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
  - 3.7.1 Market attractiveness analysis By Material Type
  - 3.7.2 Market attractiveness analysis By Property Type
  - 3.7.3 Market attractiveness analysis By End-User
Chapter 4. Global Ceiling Tiles Market- Competitive Landscape
- 4.1 Company market share analysis
  - 4.1.1 Global Ceiling Tiles Market: company market share, 2021
- 4.2 Strategic development
  - 4.2.1 Acquisitions & mergers
  - 4.2.2 New Product launches
  - 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
  - 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
Chapter 5. Global Ceiling Tiles Market - Material Type Analysis
- 5.1 Global Ceiling Tiles Market overview: By Material Type
  - 5.1.1 Global Ceiling Tiles Market share, By Material Type, 2021 and 2028
- 5.2 Mineral Fiber
  - 5.2.1 Global Ceiling Tiles Market by Mineral Fiber, 2022 - 2028 (USD Billion)
- 5.3 Metal
  - 5.3.1 Global Ceiling Tiles Market by Metal, 2022 - 2028 (USD Billion)
- 5.4 Gypsum
  - 5.4.1 Global Ceiling Tiles Market by Gypsum, 2022 - 2028 (USD Billion)
- 5.5 Others
  - 5.5.1 Global Ceiling Tiles Market by Others, 2022 - 2028 (USD Billion)
Chapter 6. Global Ceiling Tiles Market - Property Type Analysis
- 6.1 Global Ceiling Tiles Market overview: By Property Type
  - 6.1.1 Global Ceiling Tiles Market share, By Property Type, 2021 and 2028
- 6.2 Acoustic
  - 6.2.1 Global Ceiling Tiles Market by Acoustic, 2022 - 2028 (USD Billion)
- 6.3 Non-Acoustic
  - 6.3.1 Global Ceiling Tiles Market by Non-Acoustic, 2022 - 2028 (USD Billion)
Chapter 7. Global Ceiling Tiles Market - End-User Analysis
- 7.1 Global Ceiling Tiles Market overview: By End-User
  - 7.1.1 Global Ceiling Tiles Market share, By End-User, 2021 and 2028
- 7.2 Residential
  - 7.2.1 Global Ceiling Tiles Market by Residential, 2022 - 2028 (USD Billion)
- 7.3 Non-Residential
  - 7.3.1 Global Ceiling Tiles Market by Non-Residential, 2022 - 2028 (USD Billion)
Chapter 8. Ceiling Tiles Market - Regional Analysis
- 8.1 Global Ceiling Tiles Market Regional Overview
- 8.2 Global Ceiling Tiles Market Share, by Region, 2021 & 2028 (USD Billion)
- 8.3. North America
  - 8.3.1 North America Ceiling Tiles Market, 2022 - 2028 (USD Billion)
    - 8.3.1.1 North America Ceiling Tiles Market, by Country, 2022 - 2028 (USD Billion)
- 8.4 North America Ceiling Tiles Market, by Material Type, 2022 - 2028
  - 8.4.1 North America Ceiling Tiles Market, by Material Type, 2022 - 2028 (USD Billion)
- 8.5 North America Ceiling Tiles Market, by Property Type, 2022 - 2028
  - 8.5.1 North America Ceiling Tiles Market, by Property Type, 2022 - 2028 (USD Billion)
- 8.6 North America Ceiling Tiles Market, by End-User, 2022 - 2028
  - 8.6.1 North America Ceiling Tiles Market, by End-User, 2022 - 2028 (USD Billion)
- 8.4. Europe
  - 8.4.2 Europe Ceiling Tiles Market, 2022 - 2028 (USD Billion)
    - 8.4.2.1 Europe Ceiling Tiles Market, by Country, 2022 - 2028 (USD Billion)
- 8.4 Europe Ceiling Tiles Market, by Material Type, 2022 - 2028
  - 8.4.1 Europe Ceiling Tiles Market, by Material Type, 2022 - 2028 (USD Billion)
- 8.5 Europe Ceiling Tiles Market, by Property Type, 2022 - 2028
  - 8.5.1 Europe Ceiling Tiles Market, by Property Type, 2022 - 2028 (USD Billion)
- 8.6 Europe Ceiling Tiles Market, by End-User, 2022 - 2028
  - 8.6.1 Europe Ceiling Tiles Market, by End-User, 2022 - 2028 (USD Billion)
- 8.5. Asia Pacific
  - 8.5.3 Asia Pacific Ceiling Tiles Market, 2022 - 2028 (USD Billion)
    - 8.5.3.1 Asia Pacific Ceiling Tiles Market, by Country, 2022 - 2028 (USD Billion)
- 8.4 Asia Pacific Ceiling Tiles Market, by Material Type, 2022 - 2028
  - 8.4.1 Asia Pacific Ceiling Tiles Market, by Material Type, 2022 - 2028 (USD Billion)
- 8.5 Asia Pacific Ceiling Tiles Market, by Property Type, 2022 - 2028
  - 8.5.1 Asia Pacific Ceiling Tiles Market, by Property Type, 2022 - 2028 (USD Billion)
- 8.6 Asia Pacific Ceiling Tiles Market, by End-User, 2022 - 2028
  - 8.6.1 Asia Pacific Ceiling Tiles Market, by End-User, 2022 - 2028 (USD Billion)
- 8.6. Latin America
  - 8.6.4 Latin America Ceiling Tiles Market, 2022 - 2028 (USD Billion)
    - 8.6.4.1 Latin America Ceiling Tiles Market, by Country, 2022 - 2028 (USD Billion)
- 8.4 Latin America Ceiling Tiles Market, by Material Type, 2022 - 2028
  - 8.4.1 Latin America Ceiling Tiles Market, by Material Type, 2022 - 2028 (USD Billion)
- 8.5 Latin America Ceiling Tiles Market, by Property Type, 2022 - 2028
  - 8.5.1 Latin America Ceiling Tiles Market, by Property Type, 2022 - 2028 (USD Billion)
- 8.6 Latin America Ceiling Tiles Market, by End-User, 2022 - 2028
  - 8.6.1 Latin America Ceiling Tiles Market, by End-User, 2022 - 2028 (USD Billion)
- 8.7. The Middle-East and Africa
  - 8.7.5 The Middle-East and Africa Ceiling Tiles Market, 2022 - 2028 (USD Billion)
    - 8.7.5.1 The Middle-East and Africa Ceiling Tiles Market, by Country, 2022 - 2028 (USD Billion)
- 8.4 The Middle-East and Africa Ceiling Tiles Market, by Material Type, 2022 - 2028
  - 8.4.1 The Middle-East and Africa Ceiling Tiles Market, by Material Type, 2022 - 2028 (USD Billion)
- 8.5 The Middle-East and Africa Ceiling Tiles Market, by Property Type, 2022 - 2028
  - 8.5.1 The Middle-East and Africa Ceiling Tiles Market, by Property Type, 2022 - 2028 (USD Billion)
- 8.6 The Middle-East and Africa Ceiling Tiles Market, by End-User, 2022 - 2028
  - 8.6.1 The Middle-East and Africa Ceiling Tiles Market, by End-User, 2022 - 2028 (USD Billion)
Chapter 9. Company Profiles
- 9.1 Armstrong World Industries (US)
  - 9.1.1 Overview
  - 9.1.2 Financials
  - 9.1.3 Product Portfolio
  - 9.1.4 Business Strategy
  - 9.1.5 Recent Developments
- 9.2 USG Corporation (US)
  - 9.2.1 Overview
  - 9.2.2 Financials
  - 9.2.3 Product Portfolio
  - 9.2.4 Business Strategy
  - 9.2.5 Recent Developments
- 9.3 Hunter Douglas (Netherlands)
  - 9.3.1 Overview
  - 9.3.2 Financials
  - 9.3.3 Product Portfolio
  - 9.3.4 Business Strategy
  - 9.3.5 Recent Developments
- 9.4 SAS International (UK)
  - 9.4.1 Overview
  - 9.4.2 Financials
  - 9.4.3 Product Portfolio
  - 9.4.4 Business Strategy
  - 9.4.5 Recent Developments
- 9.5 CertainTeed (US)
  - 9.5.1 Overview
  - 9.5.2 Financials
  - 9.5.3 Product Portfolio
  - 9.5.4 Business Strategy
  - 9.5.5 Recent Developments
- 9.6 Rockfon (Denmark)
  - 9.6.1 Overview
  - 9.6.2 Financials
  - 9.6.3 Product Portfolio
  - 9.6.4 Business Strategy
  - 9.6.5 Recent Developments
- 9.7 Odenwald Faserplattenwerk GmbH (Germany)
  - 9.7.1 Overview
  - 9.7.2 Financials
  - 9.7.3 Product Portfolio
  - 9.7.4 Business Strategy
  - 9.7.5 Recent Developments
- 9.8 Knauf (Germany)
  - 9.8.1 Overview
  - 9.8.2 Financials
  - 9.8.3 Product Portfolio
  - 9.8.4 Business Strategy
  - 9.8.5 Recent Developments
- 9.9 Saint-Gobain Gyproc (France)
  - 9.9.1 Overview
  - 9.9.2 Financials
  - 9.9.3 Product Portfolio
  - 9.9.4 Business Strategy
  - 9.9.5 Recent Developments
- 9.10 Georgia-Pacific (US).
  - 9.10.1 Overview
  - 9.10.2 Financials
  - 9.10.3 Product Portfolio
  - 9.10.4 Business Strategy
  - 9.10.5 Recent Developments

Table Of Figures

1. Market research Type
2. Market research methodology
3. Global Ceiling Tiles Market, 2022 - 2028 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Ceiling Tiles Market attractiveness, By Material Type
6. Global Ceiling Tiles Market attractiveness, By Property Type
7. Global Ceiling Tiles Market attractiveness, By End-User
8. Global Ceiling Tiles Market share by Material Type, 2022 and 2028 (USD Billion)
9. Global Ceiling Tiles Market by Mineral Fiber, 2022 - 2028 (USD Billion)
10. Global Ceiling Tiles Market by Metal, 2022 - 2028 (USD Billion)
11. Global Ceiling Tiles Market by Gypsum, 2022 - 2028 (USD Billion)
12. Global Ceiling Tiles Market by Others, 2022 - 2028 (USD Billion)
13. Global Ceiling Tiles Market share by Property Type, 2022 and 2028 (USD Billion)
14. Global Ceiling Tiles Market by Acoustic, 2022 - 2028 (USD Billion)
15. Global Ceiling Tiles Market by Non-Acoustic, 2022 - 2028 (USD Billion)
16. Global Ceiling Tiles Market share by End-User, 2022 and 2028 (USD Billion)
17. Global Ceiling Tiles Market by Residential, 2022 - 2028 (USD Billion)
18. Global Ceiling Tiles Market by Non-Residential, 2022 - 2028 (USD Billion)
19. Global Ceiling Tiles Market share, by Region, 2022 and 2028
20. North America Ceiling Tiles Market, 2022 - 2028 (USD Billion)
21. Europe Ceiling Tiles Market, 2022 - 2028 (USD Billion)
22. Asia Pacific Ceiling Tiles Market, 2022 - 2028 (USD Billion)
23. Latin America Ceiling Tiles Market, 2022 - 2028 (USD Billion)
24. The Middle-East and Africa Ceiling Tiles Market, 2022 - 2028 (USD Billion)

Table Of Tables

1. Global Ceiling Tiles Market: Snapshot
2. Drivers of the Ceiling Tiles Market: impact analysis
3. North America Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
4. North America Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
5. North America Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
6. U.S. Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
7. U.S. Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
8. U.S. Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
9. Canada Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
10. Canada Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
11. Canada Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
12. Europe Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
13. Europe Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
14. Europe Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
15. Germany Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
16. Germany Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
17. Germany Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
18. France Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
19. France Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
20. France Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
21. U.K. Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
22. U.K. Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
23. U.K. Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
24. Italy Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
25. Italy Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
26. Italy Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
27. Spain Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
28. Spain Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
29. Spain Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
30. Rest of Europe Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
31. Rest of Europe Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
32. Rest of Europe Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
33. Asia Pacific Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
34. Asia Pacific Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
35. Asia Pacific Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
36. China Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
37. China Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
38. China Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
39. Japan Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
40. Japan Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
41. Japan Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
42. India Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
43. India Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
44. India Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
45. South Korea Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
46. South Korea Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
47. South Korea Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
48. South-East Asia Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
49. South-East Asia Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
50. South-East Asia Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
51. Rest of Asia Pacific Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
52. Rest of Asia Pacific Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
53. Rest of Asia Pacific Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
54. Latin America Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
55. Latin America Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
56. Latin America Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
57. Brazil Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
58. Brazil Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
59. Brazil Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
60. Mexico Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
61. Mexico Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
62. Mexico Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
63. Rest of Latin America Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
64. Rest of Latin America Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
65. Rest of Latin America Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
66. The Middle-East and Africa Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
67. The Middle-East and Africa Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
68. The Middle-East and Africa Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
69. GCC Countries Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
70. GCC Countries Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
71. GCC Countries Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
72. South Africa Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
73. South Africa Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
74. South Africa Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)
75. Rest of Middle-East Africa Ceiling Tiles Market revenue, By Material Type, 2022 - 2028 (USD Billion)
76. Rest of Middle-East Africa Ceiling Tiles Market revenue, By Property Type, 2022 - 2028 (USD Billion)
77. Rest of Middle-East Africa Ceiling Tiles Market revenue, By End-User, 2022 - 2028 (USD Billion)

Methodology

Free Analysis

Ceiling tiles market is anticipated to witness positive growth over the forecast period due to high demand from numerous end-use industries. Ceiling tiles or ceiling panels are secondary ceilings attached underneath an existing ceiling. They are primarily used for enhancing the acoustics of a building and improving it's thermal insulation. The environmental and financial advantages of using ceiling tiles are expected to drive the market forward. The growing environmental awareness among the population has consequently increased the demand for ceiling tiles as the raw materials used are recyclable. The waste ceiling tiles are returned to the manufacturer for recycling. This acts as a key driver for the ceiling tiles market growth as the world looks at sustainable options. Ever expanding construction business and infrastructure development projects across the globe are expected to aid the growth of the ceiling tiles market. However, fluctuation in the price of the sources of energy such as crude oil (used in the manufacturing process) could prove to be a major restraint for the ceiling tiles market. The availability of substitutes to ceiling tiles such as asphalt and mortar could curb the growth of the market. On the other hand, use of ceiling tiles in the green building projects is expected to unwrap new opportunities for the ceiling tiles market.

The ceiling tiles market can be segmented in terms of product type which is likely to be divided into mineral wool, metal, gypsum, and others (wood, plastics, etc.). Mineral wool accounted for most of the global revenue share and is expected to witness a significant gain over the next six years owing to its superior properties such as high performance, fire safety, noise reduction, and thermal insulation. Biodegradable gypsum tiles are expected to spur the overall market growth within the forecast period.

Global Ceiling Tiles Market

The ceiling tiles market is segmented based on applications such as commercial, healthcare, educational, industrial, and others. Among the applications, the commercial sector is the largest sector. The major investment in infrastructure development in emerging economies is a major driving factor which is propelling the growth of the commercial sector.

North America accounted for most of the global market share for the ceiling tiles and is expected to grow and lead the construction market in the region. The Asia Pacific is expected to be the fastest growing sector owing to the growing population and increase in the construction business in the region especially in countries like India and China. The Middle East & Africa ceiling tiles market is expected to witness lucrative growth over the forecast period as a result of increased infrastructure and construction activities in the region. In addition, environmental awareness and increasing disposable income in the Middle East is expected to aid the growth of the global ceiling tiles market further.

The key players in this industry are Armstrong World Industries, Inc., SAS International, ROCKFON, Grenzebach BSH GmbH, Saint-Gobain S.A., Odenwald Faserplattenwerk GmbH, USG Corporation, and Knauf, among others.