Indoor Sound Absorbing Panels Market Report 2025

The indoor sound absorbing panels market size has grown strongly in recent years. It will grow from $2.41 billion in 2024 to $2.59 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth during the historic period can be attributed to increasing investments in acoustic infrastructure, expansion of entertainment venues, growth in smart homes, rising demand in sound-sensitive healthcare facilities, and a surge in home theater installations.

The indoor sound absorbing panels market size is expected to see strong growth in the next few years. It will grow to $3.39 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The growth projected for the forecast period can be attributed to the rising number of commercial and residential buildings, accelerating urbanization and industrialization, increasing construction activities, growth in educational institutions, and heightened awareness about sound pollution. Key trends during this period include technological advancements, progress in recyclable acoustic panel materials, innovations in 3D decorative acoustic designs, development of hybrid acoustic-thermal panels, and advancements in lightweight modular panel solutions.

The growth of the indoor sound absorbing panels market is expected to be driven by increasing construction activities. Construction activities encompass the building, upgrading, or development of buildings and infrastructure across various sectors. This rise is fueled by rapid urbanization, which increases demand for housing, transportation, and commercial spaces, leading to substantial investments from governments and the private sector in infrastructure projects. Indoor sound-absorbing panels support these construction efforts by providing effective acoustic solutions that comply with building regulations and improve the comfort and functionality of interior spaces. For example, in November 2023, the UK’s Office for National Statistics reported new construction activities valued at $19.96 billion (£18.16 billion) in 2022, with private sector projects growing by 16.8% and public sector projects increasing by 13.1%. Therefore, rising construction activities are driving the growth of the indoor sound absorbing panels market.

Leading companies in the indoor sound absorbing panels market are focusing on innovative acoustic solutions that enhance sound quality, reduce noise, and integrate aesthetically into residential, commercial, and institutional spaces. Acoustic solutions refer to materials or systems designed to manage, absorb, or reduce sound, thereby improving indoor acoustic comfort. For instance, in May 2025, Singapore-based Klar launched customizable luxury acoustic panels that combine high-performance sound absorption with tailored aesthetics for modern interiors. These panels can be fully customized in size, shape, color, materials, and finishes to suit various residential and commercial environments. Made from high-quality materials such as natural wood and soft textiles, they effectively reduce noise and echo while enhancing the space’s aesthetic appeal. Designed for easy installation and durability, the panels are developed using sustainable and eco-friendly practices, making them both functional and environmentally responsible acoustic treatments.

In March 2022, Ireland-based Kingspan Group acquired Troldtekt A/S for an undisclosed amount. This acquisition aims to strengthen Kingspan’s portfolio in sustainable acoustic solutions by integrating Troldtekt’s expertise in natural, eco-friendly acoustic materials. Troldtekt A/S is a Denmark-based company specializing in indoor sound-absorbing panels.

Major players in the indoor sound absorbing panels market are Compagnie de Saint-Gobain S.A., Owens Corning, Knauf Insulation GmbH, Armstrong World Industries Inc., Sound Seal LLC, GIK Acoustics LLC, Abstracta AB, BuzziSpace NV, Acoustical Surfaces Inc., Audimute Soundproofing, Kirei USA LLC, Celenit S.p.A., Topakustik AG, Quietstone UK Ltd, Acoustics First Corporation, Arturel Ltd., Vicoustic Innovative Acoustic Solutions S.A., Baux AB, Woven Image Pty Ltd, and Texaa S.A.S.

North America was the largest region in the indoor sound absorbing panels market in 2024. The regions covered in indoor sound absorbing panels report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the indoor sound absorbing panels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s recommendations and conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the construction sector, particularly in materials procurement and project costs. Higher duties on imported steel, aluminum, lumber, and machinery have driven up expenses for builders, contractors, and infrastructure developers, leading to increased project bids and delayed timelines. Construction equipment manufacturers face similar challenges, with tariffs on essential components and raw materials inflating production costs and squeezing margins. Additionally, retaliatory tariffs in international markets have curtailed exports of U.S.-made construction equipment and materials, further affecting profitability. The sector must now prioritize local sourcing, modular construction techniques, and supply chain diversification to control costs and ensure project viability amid ongoing trade uncertainties.

Indoor sound absorbing panels are acoustic materials designed to reduce noise, control reverberation, and enhance sound quality within enclosed spaces such as offices, studios, and auditoriums. They are extensively used in commercial buildings, educational institutions, recording studios, and residential interiors to minimize echoes and improve speech clarity.

The main types of indoor sound absorbing panels include foam panels, fabric panels, wooden panels, fiberglass panels, and others. Foam panels are made from open-cell or closed-cell polyurethane or melamine-based foams that absorb sound by trapping air and converting acoustic energy into heat. These panels are distributed through various channels such as online stores, specialty shops, supermarkets, and more. They find applications across residential, commercial, industrial, and other sectors, serving end users including offices, recording studios, theaters, educational institutions, and more.

The indoor sound absorbing panels market research report is one of a series of new reports that provides indoor sound absorbing panels market statistics, including indoor sound absorbing panels industry global market size, regional shares, competitors with a indoor sound absorbing panels market share, detailed indoor sound absorbing panels market segments, market trends and opportunities, and any further data you may need to thrive in the indoor sound absorbing panels industry. This indoor sound absorbing panels market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The indoor sound absorbing panels market consists of sales of modular panels, polyester fiber panels, and polyester fiber panels. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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