Ceiling Tiles Market by Material Type (Mineral Fiber, Metal and Gypsum), Property Type (Acoustic and Non-Acoustic), End User (Residential and Non-Residential), and Region (NA, EU, APAC, MEA, and SA) - Global Forecast to 2022

  • ID: 4462120
  • Report
  • Region: Global
  • 122 Pages
  • Markets and Markets
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The Ceiling Tiles Market is Estimated to Be USD 7.31 Billion in 2017 And is Projected to Reach USD 9.88 Billion By 2022, at a CAGR of 6.2% Between 2017 and 2022.

FEATURED COMPANIES

  • Acoustigreen
  • Byucksan Corporation
  • Certainteed
  • Hil Limited
  • Knauf
  • Renhurst Ceilings Pty Ltd
  • MORE

“The ceiling tiles market is projected to grow at a CAGR of 6.2% from 2017 to 2022, in terms of value.”

The increasing demand for ceiling tiles in building & construction projects is one of the most significant factors projected to drive the growth of the ceiling tiles market. Superior properties of ceiling tiles such as improved sound absorption capability and easy installation and recyclability are also contributing to the growth of the ceiling tiles market. However, ceiling tiles are easily susceptible to mold breeding when exposed to water for a long duration of time. This, in turn, is acting as a restraint to the growth of the ceiling tiles market.

“Based on material type, the mineral fiber segment is projected to lead the ceiling tiles market during the forecast period, in terms of value and volume.”

Mineral fiber ceiling tiles, also known as mineral wool ceiling tiles, are used in various commercial buildings, such as schools, hospitals, and retail centers. Mineral fiber ceiling tiles are cost-effective as well as easy to install, repair, and maintain. These tiles are also recyclable in nature and have a low carbon footprint. The increasing adoption of mineral fiber ceiling tiles in non-residential construction projects is expected to drive the growth of the mineral fiber segment of the ceiling tiles market.

“The non-residential end user segment of the ceiling tiles market is projected to grow at the highest CAGR during the forecast period, in terms of value and volume.”  

Ceiling tiles manufacturers are increasingly focused on the development of tiles for non-residential buildings, such as offices, institutes, hospitals, gymnasiums, cinema theaters, retail stores, auditoriums, and museums. The increasing demand for aesthetically appealing ceiling tiles from the non-residential construction sector is projected to drive the growth of the non-residential end user segment of this market. 

“The ceiling tiles market in the Asia Pacific region is projected to grow at the highest CAGR between 2017 and 2022, in terms of value and volume.”

The ceiling tiles market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period, in terms of value and volume. This growth can be attributed to the increasing demand for ceiling tiles from the building & construction industry in Asia Pacific countries. Initiatives undertaken by governments of various Asia Pacific countries to promote the development of smart cities is also contributing to the growth of the ceiling tiles market in the Asia Pacific region.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted as follows:

  • By Company Type- Tier 1 - 10%, Tier 2 - 25%, and Tier 3 - 65%
  • By Designation- C level - 10%, Director level - 30%, and Others - 60%
  • By Region- Asia Pacific - 45%, North America - 20%, Europe - 15%,  South America - 11%, and Middle East & Africa - 9%

This report provides a comprehensive analysis of key companies listed below:

  • Armstrong World Industries (US)
  • USG Corporation (US)
  • Hunter Douglas (Netherlands)
  • SAS International (UK)
  • CertainTeed (US)
  • Saint-Gobain Gyproc (France)
  • Rockfon (Denmark)
  • Odenwald Faserplattenwerk GmbH (Germany)
  • Knauf (Germany)
  • Georgia-Pacific (US)

Research Coverage

This report covers the ceiling tiles market and forecasts the size of the market till 2022. The report includes the segmentation of the ceiling tiles market based on material type, property type, end user, and region. Porter’s five forces analysis and key market dynamics such as drivers, restraints, challenges, and opportunities influencing the growth of the ceiling tiles market have been discussed in the report. The report also provides company profiles and competitive benchmarking of major players operating in the ceiling tiles market.

Benefits of Buying the Report:

The report is expected to help market leaders/new entrants in the ceiling tiles market in the following ways:

  • This report segments the ceiling tiles market and provides the closest approximation of revenues for the overall market and its subsegments across different verticals and regions.
  • The report helps stakeholders understand the pulse of the market and provides information on key drivers, restraints, challenges, and opportunities of the ceiling tiles market.
  • This report is also expected to help stakeholders understand their competitors and gain insights into improving their position in the ceiling tiles market. The competitive landscape section includes an ecosystem of competitors and detailed information on new product developments, expansions & investments, agreements/contracts, and mergers & acquisitions.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Acoustigreen
  • Byucksan Corporation
  • Certainteed
  • Hil Limited
  • Knauf
  • Renhurst Ceilings Pty Ltd
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Ceiling Tiles Market
4.2 Ceiling Tiles Market, By Material Type
4.3 Ceiling Tiles Market, By End Use and Region
4.4 Ceiling Tiles Market, By Property Type
4.5 Ceiling Tiles Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Number of Construction Projects in Developed and Developing Economies
5.2.1.2 Increased Demand of Ceiling Tiles in Construction of Green Buildings
5.2.1.3 Increasing Demand for Replacing Old Or Damaged Tiles
5.2.2 Restraints
5.2.2.1 Susceptibility to Damage Made By Molds
5.2.2.2 High Cost of Ceiling Tiles
5.2.3 Opportunities
5.2.3.1 Growing Use of Ceiling Tiles for Enhancing Aesthetic Looks
5.2.4 Challenges
5.2.4.1 Uncertainty in the Global Political Scenario
5.2.4.2 Reducing the Installation Cost of Ceiling Tiles
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry

6 Macroeconomic Overview and Key Trends
6.1 Introduction
6.2 Trends and Forecast of Gdp
6.3 Trends and Forecast of the Construction Industry

7 Ceiling Tiles Market, By Material Type
7.1 Introduction
7.2 Mineral Fiber Ceiling Tiles
7.3 Metal Ceiling Tiles
7.4 Gypsum Ceiling Tiles
7.5 Other Ceiling Tiles
7.5.1 Wood Ceiling Tiles
7.5.2 Composite Ceiling Tiles
7.5.3 Plastic Ceiling Tiles

8 Ceiling Tiles Market, By Property Type
8.1 Introduction
8.2 Acoustic Ceiling Tiles
8.3 Non-Acoustic Ceiling Tiles

9 Ceiling Tiles Market, By End User
9.1 Introduction
9.2 Non-Residential
9.2.1 Institutions
9.2.2 Hospitals
9.2.3 Offices
9.3 Residential

10 Ceiling Tiles Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.3.7 Netherlands
10.3.8 Austria
10.3.9 Belgium
10.3.10 Poland
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Australia & New Zealand
10.5 Middle East & Africa (MEA)
10.5.1 Uae
10.5.2 Saudi Arabia
10.5.3 South Africa
10.6 South America
10.6.1 Brazil
10.6.2 Argentina

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking of Key Players, 2016
11.3 Competitive Scenario
11.3.1 New Product Developments
11.3.2 Expansions
11.3.3 Acquisitions
11.3.4 Agreements & Contracts

12 Company Profiles
12.1 Armstrong World Industries, Inc.
12.1.1 Business Overview
12.1.2 Products Offered
12.1.3 Recent Developments
12.1.4 Swot Analysis
12.1.5 Mnm View
12.2 USG Corporation
12.2.1 Business Overview
12.2.2 Products Offered
12.2.3 Swot Analysis
12.2.4 Mnm View
12.3 Hunter Douglas
12.3.1 Business Overview
12.3.2 Products Offered
12.3.3 Recent Developments
12.3.4 Swot Analysis
12.3.5 Mnm View
12.4 Certainteed
12.4.1 Business Overview
12.4.2 Products Offered
12.4.3 Mnm View
12.5 Saint-Gobain Gyproc
12.5.1 Business Overview
12.5.2 Products Offered
12.5.3 Mnm View
12.6 Rockfon
12.6.1 Business Overview
12.6.2 Products Offered
12.6.3 Recent Developments
12.6.4 Mnm View
12.7 Odenwald Faserplattenwerk GmbH
12.7.1 Business Overview
12.7.2 Products Offered
12.7.3 Mnm View
12.8 Knauf
12.8.1 Business Overview
12.8.2 Products Offered
12.8.3 Mnm View
12.9 Georgia-Pacific
12.9.1 Business Overview
12.9.2 Products Offered
12.9.3 Mnm View
12.1 SAS International
12.10.1 Business Overview
12.10.2 Products Offered
12.10.3 Recent Developments
12.10.4 Mnm View
12.11 Other Companies
12.11.1 Burgess Cep
12.11.2 Shandong Huamei Building Materials Co., Ltd
12.11.3 Acoustigreen
12.11.4 Mada Gypsum
12.11.5 Byucksan Corporation
12.11.6 Hil Limited
12.11.7 Techno Ceiling Products
12.11.8 Ceilume
12.11.9 Renhurst Ceilings Pty Ltd
12.11.10 Acoustic Ceiling Products, Llc.

13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables
Table 1 Trends and Forecast of Gdp, USD Billion (2016-2022)
Table 2 Contribution of the Building & Construction Industry in North America, USD Billion (2015-2022)
Table 3 Contribution of the Construction Industry in Europe, USD Billion (2015-2022)
Table 4 Contribution of the Construction Industry in APAC, USD Billion (2015-2022)
Table 5 Contribution of the Building & Construction Industry in Middle East, USD Billion (2015-2022)
Table 6 Contribution of the Building & Construction Industry in Latin America, USD Billion (2015-2022)
Table 7 Ceiling Tiles Market Size, By Material Type, 2015-2022 (USD Million)
Table 8 Ceiling Tiles Market Size, By Material Type, 2015-2022 (Million Square Meter)
Table 9 Mineral Fiber Ceiling Tiles Market Size, By Region, 2015-2022 (USD Million)
Table 10 Mineral Fiber Ceiling Tiles Market Size, By Region, 2015-2022 (Million Square Meter)
Table 11 Metal Ceiling Tiles Market Size, By Region, 2015-2022 (USD Million)
Table 12 Metal Ceiling Tiles Market Size, By Region, 2015-2022 (Million Square Meter)
Table 13 Gypsum Ceiling Tiles Market Size, By Region, 2015-2022 (USD Million)
Table 14 Gypsum Ceiling Tiles Market Size, By Region, 2015-2022 (Million Square Meter)
Table 15 Other Ceiling Tiles Market Size, By Region, 2015-2022 (USD Million)
Table 16 Other Ceiling Tiles Market Size, By Region, 2015-2022 (Million Square Meter)
Table 17 Ceiling Tiles Market Size, By Property Type, 2015-2022 (USD Million)
Table 18 Ceiling Tiles Market Size, By Property Type, 2015-2022 (Million Square Meter)
Table 19 Acoustic Ceiling Tiles Market Size, By Region, 2015-2022 (USD Million)
Table 20 Acoustic Ceiling Tiles Market Size, By Region, 2015-2022 (Million Square Meter)
Table 21 Non-Acoustic Ceiling Tiles Market Size, By Region, 2015-2022 (USD Million)
Table 22 Non-Acoustic Ceiling Tiles Market Size, By Region, 2015-2022 (Million Square Meter )
Table 23 Ceiling Tiles Market Size, By End User, 2015-2022 (USD Million)
Table 24 Ceiling Tiles Market Size, By End User , 2015-2022 (Million Square Meter)
Table 25 Ceiling Tiles Market Size in Non-Residential End User, By Region, 2015-2022 (USD Million)
Table 26 Ceiling Tiles Market Size in Non-Residential End User, By Region, 2015-2022 (Million Square Meter)
Table 27 Ceiling Tiles Market Size in Residential End User, By Region, 2015-2022 (USD Million)
Table 28 Ceiling Tiles Market Size in Residential End User, By Region, 2015-2022 (Million Square Meter)
Table 29 Ceiling Tiles Market Size, By Region, 2015-2022 (USD Million)
Table 30 Ceiling Tiles Market Size, By Region, 2015-2022 (Million Square Meters)
Table 31 North America: Ceiling Tiles Market Size, By Material Type, 2015-2022 (USD Million)
Table 32 North America: Ceiling Tiles Market Size, By Material Type, 2015-2022 (Million Square Meters)
Table 33 North America: Ceiling Tiles Market Size, By Property Type, 2015-2022 (USD Million)
Table 34 North America: Ceiling Tiles Market Size, By Property Type, 2015-2022 (Million Square Meters)
Table 35 North America: Ceiling Tiles Market Size, By End User, 2015-2022 (USD Million)
Table 36 North America: Ceiling Tiles Market Size, By End User, 2015-2022 (Million Square Meters)
Table 37 North America: Ceiling Tiles Market Size, By Country, 2015-2022 (USD Million)
Table 38 North America: Ceiling Tiles Market Size, By Country, 2015-2022 (Million Square Meters)
Table 39 Europe: Ceiling Tiles Market Size, By Material Type, 2015-2022 (USD Million)
Table 40 Europe: Ceiling Tiles Market Size, By Material Type, 2015-2022 (Million Square Meters)
Table 41 Europe: Ceiling Tiles Market Size, By Property Type, 2015-2022 (USD Million)
Table 42 Europe: Ceiling Tiles Market Size, By Property Type, 2015-2022 (Million Square Meters)
Table 43 Europe: Ceiling Tiles Market Size, By End User, 2015-2022 (USD Million)
Table 44 Europe: Ceiling Tiles Market Size, By End User, 2015-2022 (Million Square Meters)
Table 45 Europe: Ceiling Tiles Market Size, By Country, 2015-2022 (USD Million)
Table 46 Europe: Ceiling Tiles Market Size, By Country, 2015-2022 (Million Square Meters)
Table 47 APAC: Ceiling Tiles Market Size, By Material Type, 2015-2022 (USD Million)
Table 48 APAC: Ceiling Tiles Market Size, By Material Type, 2015-2022 (Million Square Meters)
Table 49 APAC: Ceiling Tiles Market Size, By Property Type, 2015-2022 (USD Million)
Table 50 APAC: Ceiling Tiles Market Size, By Property Type, 2015-2022 (Million Square Meters)
Table 51 APAC: Ceiling Tiles Market Size, By End User, 2015-2022 (USD Million)
Table 52 APAC: Ceiling Tiles Market Size, By End Use, 2015-2022 (Million Square Meters)
Table 53 APAC: Ceiling Tiles Market Size, By Country,2015-2022 (USD Million)
Table 54 APAC: Ceiling Tiles Market Size, By Country, 2015-2022 (Million Square Meters)
Table 55 MEA: Ceiling Tiles Market Size, By Material Type, 2015-2022 (USD Million)
Table 56 MEA: Ceiling Tiles Market Size, By Material Type, 2015-2022 (Million Square Meters)
Table 57 MEA: Ceiling Tiles Market Size, By Property Type, 2015-2022 (USD Million)
Table 58 MEA: Ceiling Tiles Market Size, By Property Type, 2015-2022 (Million Square Meters)
Table 59 MEA: Ceiling Tiles Market Size, By End User, 2015-2022 (USD Million)
Table 60 MEA: Ceiling Tiles Market Size, By End User, 2015-2022 (Million Square Meters)
Table 61 MEA: Ceiling Tiles Market Size, By Country, 2015-2022 (USD Million)
Table 62 MEA: Ceiling Tiles Market Size, By Country, 2015-2022 (Million Square Meters)
Table 63 South America: Ceiling Tiles Market Size, By Material Type, 2015-2022 (USD Million)
Table 64 South America: Ceiling Tiles Market Size, By Material Type, 2015-2022 (Million Square Meters)
Table 65 South America: Ceiling Tiles Market Size, By Property Type, 2015-2022 (USD Million)
Table 66 South America: Ceiling Tiles Market Size, By Property Type, 2015-2022 (Million Square Meters)
Table 67 South America: Ceiling Tiles Market Size, By End User, 2015-2022 (USD Million)
Table 68 South America: Ceiling Tiles Market Size, By End User, 2015-2022 (Million Square Meters)
Table 69 South America: Ceiling Tiles Market Size, By Country, 2015-2022 (USD Million)
Table 70 South America: Ceiling Tiles Market Size, By Country, 2015-2022, (Million Square Meters)
Table 71 New Product Developments, 2015-2017
Table 72 Expansions, 2015-2017
Table 73 Acquisitions, 2015-2017
Table 74 Agreements & Contracts, 2015-2017

List of Figures
Figure 1 Ceiling Tiles: Market Segmentation
Figure 2 Ceiling Tiles Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Ceiling Tiles Market: Data Triangulation
Figure 6 Mineral Fiber Segment to Lead Overall Ceiling Tiles Market Between 2017 and 2022
Figure 7 Non-Residential Segment to Lead Overall Ceiling Tiles Market Between 2017 and 2022
Figure 8 China to Be Fastest-Growing Ceiling Tiles Market Between 2017 and 2022
Figure 9 Acoustic Ceiling Tiles to Dominate Market Between 2017 and 2022
Figure 10 North America to Lead Ceiling Tiles Market Between 2017 and 2022
Figure 11 Increased Demand From Growing Construction Projects to Drive Ceiling Tiles Market Between 2017 and 2022
Figure 12 Mineral Fiber Ceiling Tiles to Dominate Market Between 2017 and 2022
Figure 13 Non-Residential Segment Dominated Overall Ceiling Tiles Market in 2016
Figure 14 Acoustic Segment to Dominate Overall Ceiling Tiles Market Between 2017 and 2022
Figure 15 China to Be Fastest-Growing Market During Forecast Period
Figure 16 Factors Governing Ceiling Tiles Market
Figure 17 Ceiling Tiles Market: Porter’s Five Forces Analysis
Figure 18 Contribution of the Construction Industry in North America, USD Billion (2017 vs. 2022)
Figure 19 Contribution of the Building & Construction Industry in Europe, USD Billion (2017 vs. 2022)
Figure 20 Contribution of the Construction Industry in APAC, USD Billion (2017 vs. 2022)
Figure 21 Contribution of the Construction Industry in the Middle East, USD Billion (2017 vs. 2022)
Figure 22 Contribution of the Building & Construction Industry in Latin America, USD Billion (2017 vs. 2022)
Figure 23 Mineral Fiber to Dominate Overall Ceiling Tiles Market Between 2017 and 2022
Figure 24 North America to Lead Mineral Fiber Ceiling Tiles Market, Between 2017 and 2022
Figure 25 Acoustic Ceiling Tiles to Dominate Ceiling Tiles Market Between 2017 and 2022
Figure 26 North America to Lead Acoustic Ceiling Tiles Market, Between 2017 and 2022
Figure 27 North America to Lead Non-Acoustic Ceiling Tiles Market Between 2017 and 2022
Figure 28 Non-Residential End User to Lead the Ceiling Tiles Market Between 2017 and 2022
Figure 29 APAC to Be Fastest-Growing Ceiling Tiles Market in Non-Residential End User, 2017-2022
Figure 30 North America to Dominate Ceiling Tiles Market in Residential End User Between 2017 and 2022
Figure 31 China to Lead the Ceiling Tiles Market Between 2017 and 2022
Figure 32 North America: Ceiling Tiles Market Snapshot
Figure 33 Europe: Ceiling Tiles Market Snapshot
Figure 34 APAC: Ceiling Tiles Market Snapshot
Figure 35 Companies Adopted New Product Development as the Key Growth Strategy Between 2015 and 2017
Figure 36 Armstrong World Industries,Inc.: Company Snapshot
Figure 37 USG Corporation: Company Snapshot
Figure 38 Hunter Douglas: Company Snapshot

Note: Product cover images may vary from those shown
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  • Acoustic Ceiling Products, Llc.
  • Acoustigreen
  • Armstrong World Industries, Inc.
  • Burgess Cep
  • Byucksan Corporation
  • Ceilume
  • Certainteed
  • Georgia-Pacific
  • Hil Limited
  • Hunter Douglas
  • Knauf
  • Mada Gypsum
  • Odenwald Faserplattenwerk GmbH
  • Renhurst Ceilings Pty Ltd
  • Rockfon
  • SAS International
  • Saint-Gobain Gyproc
  • Shandong Huamei Building Materials Co., Ltd
  • Techno Ceiling Products
  • USG Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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