Ceiling Tiles Trends and Forecast
The future of the global ceiling tiles market looks promising with opportunities in the non-residential and residential markets. The global ceiling tiles market is expected to reach an estimated $13.2 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are significantly growing construction industry, increasing demand for enhancing aesthetic of interior of building and higher adoption of energy-efficient buildings.A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Ceiling Tiles by Segment
The study includes a forecast for the global ceiling tiles by material type, property type, end use, and region.Ceiling Tiles Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:
- Mineral Fiber
- Metal
- Gypsum
- Others
Ceiling Tiles Market by Property Type [Shipment Analysis by Value from 2018 to 2030]:
- Acoustic
- Non-Acoustic
Ceiling Tiles Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Non-Residential
- Residential
Ceiling Tiles Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Ceiling Tiles Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ceiling tiles companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ceiling tiles companies profiled in this report include-- Saint-Gobain
- Armstrong World Industries
- Hunter Douglas
- Ket Ceilings
- Aerolite Industries
- Rockfon
- Odenwald Faserplattenwerk
Ceiling Tiles Market Insights
The publisher forecasts that mineral fiber will remain the largest segment over the forecast period due to its easy availability and low cost.Within this market, non residential will remain the larger segment due to high deployment in non-residential buildings, such as gymnasiums, cinema theatres, offices, institutes, and hospitals.
North America will remain the largest region over the forecast period due to growth of building & construction industries and presence of major ceiling tile manufacturers in the region.
Features of the Global Ceiling Tiles Market
- Market Size Estimates: Ceiling tiles market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Ceiling tiles market size by material type, property type, end use, and region in terms of value ($B).
- Regional Analysis: Ceiling tiles market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different material types, property types, end uses, and regions for the ceiling tiles market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ceiling tiles market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the ceiling tiles market size?Answer: The global ceiling tiles market is expected to reach an estimated $13.2 billion by 2030.
Q2. What is the growth forecast for ceiling tiles market?
Answer: The global ceiling tiles market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the ceiling tiles market?
Answer: The major drivers for this market are significantly growing construction industry, increasing demand for enhancing aesthetic of interior of building and higher adoption of energy-efficient buildings.
Q4. What are the major segments for ceiling tiles market?
Answer: The future of the ceiling tiles market looks promising with opportunities in the non-residential and residential markets.
Q5. Who are the key ceiling tiles market companies?
Answer: Some of the key ceiling tiles companies are as follows:
- Saint-Gobain
- Armstrong World Industries
- Hunter Douglas
- Ket Ceilings
- Aerolite Industries
- Rockfon
- Odenwald Faserplattenwerk
Answer: The publisher forecasts that mineral fiber will remain the largest segment over the forecast period due to its easy availability and low cost.
Q7. In ceiling tiles market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growth of building & construction industries and presence of major ceiling tile manufacturers in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the ceiling tiles market by material type (mineral fiber, metal, gypsum, and others), property type (acoustic and non-acoustic), end use (non-residential and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Ceiling Tiles Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Saint-Gobain
- Armstrong World Industries
- Hunter Douglas
- Ket Ceilings
- Aerolite Industries
- Rockfon
- Odenwald Faserplattenwerk
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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