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Ceiling Tiles Market

Ceiling Tiles Market

Ceiling Tiles Market Global Industry Assessment & Forecast

# Pages:

155

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0917

Segments Covered
  • By Product Upvc Roofing, Mineral Wool, Gypsum, Metallic, Others
  • By Application Residential, Industrial Manufacturing, Others
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 7.32 Billion
Revenue 2028Revenue 2028: 10.88 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 5.2
Fastest Growing Region Fastest Growing Region (2022 - 2028) Europe
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global Ceiling Tiles market was valued at USD 7.32 Billion in 2020 and is projected to reach USD 10.88 Billion by 2028, growing at a CAGR of 5.2% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2021-2026
Annual Market Size (2028) 10.88 Billion
Annual Market Size (2021)
CAGR (2021 - 2028) 5.2%

Definition And Overview

Ceiling tiles, also known as ceiling panels, are lightweight construction materials, which are used to cover ceilings. Placed in an aluminium grid, they provide some thermal insulation but are usually designed to improve the aesthetics and acoustics of a room.


The global Ceiling Tiles market report provides a thorough analysis of each segment including Product,Application and for each region, and country. All the segments are studied considering historical and future trends across geographies. All the segments covers trends, market size, and forecasts, and the data is provided for the years 2016–2028. Moreover, the report also covers exhaustive analysis on competitive scenario of the global market covering in depth company profiles based on business overview, financial performance, product portfolio, business strategies, recent developments, and market share among others. In addition to that the report offers several market impacting factors such as drivers, restraints, and opportunities. Cumulatively, the report will cover all of the aspects regarding the global Ceiling Tiles market. 

Yearly Infographics 7.32 Billion 10.88 Billion

COVID-19 Impact Analysis

In 2020, swift spread of COVID-19 largely impacted the global business operations, disrupting the supply chain and impairing various industries. The global trading activities were declined severely owing to the nationwide lockdowns, international border seals, and strict social distancing measures. This had a drastic impact on the global economy, as the companies across the globe were forced to either fully close or partially close their operations, leading to disruption in the supply-demand ratio. Moreover, in 2021 several key markets such as U.S., India, and Brazil among others witnessed a second wave of COVID-19 that further disrupted the market. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.


The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Industry Analysis

The report covers an exhaustive analysis of Ceiling Tiles industry that includes drivers, restraints/challenges, opportunities, and segmental/regional trends among others. Apart from that, it will also cover extensive information on various marketing tools such as PEST Analysis, Porter’s Five Forces Analysis, pricing trends,  SWOT analysis, and value chain analysis along with technological landscape and regulatory framework specific to Ceiling Tiles industry.


The increase in percentage of construction projects in both developed and developing economies and growing need for luxurious residential homes due to rise in disposable income of consumers are expected to fuel the growth of the ceiling tiles market in the years to come. 

The rising demand of ceiling tiles in construction of green buildings is further likely to support the growth of the market in the years to come. 

The high cost of ceiling tiles and susceptibility to damage made by molds is expected to hinder the growth of the ceiling tiles market in the years to come.

Global Ceiling Tiles Market Report Scope

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Product, Application
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others
Companies Covered SAS International, Odenwald Faserplattenwerk, New Ceiling Tiles, Techno Ceiling Products, Guangzhou Tital Commerce, Saint-Gobain, Renhurst Ceiling Systems, Knauf AMF GmbH & Co. KG (AMF), Odenwald Faserplattenwerk GmbH (OWA), Grenzebach BSH, Rockfon, Haining Chaodi Plastic, Foshan Ron Building Material Trading, USG, Armstrong World Industries (AWI), Shandong Huamei Building Materials
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and Europe, company market share analysis, and COVID-19 impact analysis

Market Segmentation

Product  Analysis: Preview

On the basis of Product, the market is segmented into Upvc Roofing, Mineral Wool, Gypsum, Metallic, Others,. Upvc Roofing held the highest share in the global Ceiling Tiles market and is projected to witness the same trend during the forecast period.

Application Analysis: Preview

Based on Application, the market is segmented into Residential, Industrial Manufacturing, Others,. Commercial accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.

Analysis: Preview

Based on , the market is segmented into . dominates the global Ceiling Tiles market and is expected to continue the same trend from 2021 to 2028. 

Global Ceiling Tiles Market: Product Segment Analysis

    • Upvc Roofing
    • Mineral Wool
    • Gypsum
    • Metallic
    • Others

Global Ceiling Tiles Market: Application Segment Analysis

    • Residential
    • Industrial Manufacturing
    • Others

Regional Analysis: Preview

Based on geography, the global Ceiling Tiles market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The regional section is further bifurcated into key country level markets for each region. Some of the prominent country-level markets are U.S., China, Germany, France, India, and Japan. It covers market size and estimations for each segment by region and country for the years 2016–2028. Europe dominates the global Ceiling Tiles market and is expected to continue the same trend during upcoming years. This is accredited to the presence of key market players combined with rising demand from the end-users.  

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global Ceiling Tiles Market: Regional Analysis

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

Competitive Landscape

Major players in the global Ceiling Tiles market are SAS International, Odenwald Faserplattenwerk, New Ceiling Tiles, Techno Ceiling Products, Guangzhou Tital Commerce, Saint-Gobain, Renhurst Ceiling Systems, Knauf AMF GmbH & Co. KG (AMF), Odenwald Faserplattenwerk GmbH (OWA), Grenzebach BSH, Rockfon, Haining Chaodi Plastic, Foshan Ron Building Material Trading, USG, Armstrong World Industries (AWI), Shandong Huamei Building Materials. The global Ceiling Tiles market report covers an exhaustive analysis of all the key players in the industry. This includes a business overview, extensive portfolio, business strategies, news, financial performance, length of distribution network,  and geographical presence among others. In addition to that, the report also covers company market share along with in-depth strategic developments.   

Global Ceiling Tiles Market: Key Highlights

  • The global Ceiling Tiles market was valued at USD 7.32 Billion in 2020
  • The global Ceiling Tiles Market is projected to reach USD 10.88 Billion by 2028
  • Europe held the highest share of the Ceiling Tiles market in 2020
  • Some of the major companies operating in the Ceiling Tiles market are SAS International, Odenwald Faserplattenwerk, New Ceiling Tiles, Techno Ceiling Products, Guangzhou Tital Commerce, Saint-Gobain, Renhurst Ceiling Systems, Knauf AMF GmbH & Co. KG (AMF), Odenwald Faserplattenwerk GmbH (OWA), Grenzebach BSH, Rockfon, Haining Chaodi Plastic, Foshan Ron Building Material Trading, USG, Armstrong World Industries (AWI), Shandong Huamei Building Materials

FAQ
Frequently Asked Question
  • The global Ceiling Tiles valued at 7.32 Billion in 2020 and is expected to reach 10.88 Billion in 2028 growing at a CAGR of 5.2%.

  • The prominent players in the market are SAS International, Odenwald Faserplattenwerk, New Ceiling Tiles, Techno Ceiling Products, Guangzhou Tital Commerce, Saint-Gobain, Renhurst Ceiling Systems, Knauf AMF GmbH & Co. KG (AMF), Odenwald Faserplattenwerk GmbH (OWA), Grenzebach BSH, Rockfon, Haining Chaodi Plastic, Foshan Ron Building Material Trading, USG, Armstrong World Industries (AWI), Shandong Huamei Building Materials.

  • The market is project to grow at a CAGR of 5.2% between 2021 and 2028.

  • The driving factors of the Ceiling Tiles include

    • The increase in percentage of construction projects in both developed and developing economies and growing need for luxurious residential homes due to rise in disposable income of consumers are expected to fuel the growth of the ceiling tiles market in the years to come.
    • The rising demand of ceiling tiles in construction of green buildings is further likely to support the growth of the market in the years to come.

  • Europe was the leading regional segment of the Ceiling Tiles in 2020.