Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 8.20 Billion | USD 14.40 Billion | 5.8% | 2024 |
FrequentlyAsked Questions
Ceiling tiles also referred to as ceiling panels are low weighing construction materials that are utilized for covering ceilings.
The global ceiling tiles market is expected to grow due to growth in commercial and residential construction, demand for acoustic and thermal insulation, and increasing adoption of aesthetic interior solutions.
According to a study, the global ceiling tiles market size was worth around USD 8.20 Billion in 2024 and is expected to reach USD 14.40 Billion by 2034.
The global ceiling tiles market is expected to grow at a CAGR of 5.8% during the forecast period.
The Asia-Pacific ceiling tiles industry is set to register the highest CAGR over the forecasting timeline owing to a rise in the spending of consumers in construction activities. Surge in the refurbishment activities in the Southeast Asian countries will further prop up the industry expansion in the region.
Leading players in the global ceiling tiles market include BYUCKSAN, AWI Licensing LLC, Knauf Gips KG, Odenwald Faserplattenwerk GmbH, Saint-Gobain Gyproc, ROCKWOOL International A/S, Hunter Douglas, HIL Limited, KET Ceilings, USG Corporation, SAS International, and others., among others.
The report explores crucial aspects of the ceiling tiles market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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