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PUBLISHER: Acute Market Reports | PRODUCT CODE: 1124895

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PUBLISHER: Acute Market Reports | PRODUCT CODE: 1124895

Ceiling Tiles Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030

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It is anticipated that the global ceiling tiles market would expand at a compound annual growth rate (CAGR) of 8.5% during the forecast period as against the earlier estimated CAGR of 4% pre-covid. Many of the construction projects that were stalled due to the spread of covid-19 have started to resume at a significant rate, therefore, compelling the market to grow at a healthy rate during the forecast period of 2022 to 2030. The expansion of commercial construction projects, including office complexes, institutional buildings, and healthcare facilities, is anticipated to be the primary factor propelling the market in the coming years. In addition, an increase in disposable income in developing nations, an increase in demand for thermal and acoustic insulation, and a consumer focus on the aesthetics of office and home buildings are all predicted to raise the product demand, consequently augmenting the market expansion. Over the course of the projection period, it is anticipated that the utilization of new and sustainable building solutions that involve environmentally friendly materials for floors, ceilings, and walls are expected to drive the market.

Increased Significance of Construction Industry

According to the Construction Management Association of America, the construction industry is a significant contribution to the economy of the United States. This sector employs close to 700,000,000 people and is responsible for the annual production of infrastructure valued at US$1.3 trillion. This market is being driven by an increase in construction activities for commercial sectors such as hospitals and clinics, office buildings, educational institutions, and industrial complexes. Demand for ceiling tiles is growing as a result of a rise in consumers' preferences for increased thermal insulation and improved aesthetics, as well as the significant growth in consumers' disposable incomes. The ever-evolving commercial sector as well as the increasing application of tiles to improve the general appearance of office buildings are further driving the expansion of the market. In addition, the medical industry is expanding at a quick rate, which in turn is resulting in the construction of hospitals, which in turn is resulting in demand for the products. A significant element that is driving the market is the increasing number of applications that are designed to improve the aesthetics of residential buildings and the exteriors of homes.

Recovery of Construction Industry on Way

As a result of the recovery of the construction sector in the U.S., there has been an increase in the number of commercial construction projects in the country, which has a favourable impact on product demand. According to GlobalABC, it is projected that the construction market would have a decline of 6% in the year 2020 compared to the previous year, 2019. Despite this, the market is showing signs of improvement thanks to stimulus packages that have been made available for extensive building renovations and newly constructed buildings. In addition, government measures for healthcare facilities in the midst of COVID-19 are also contributing to the market's growth. The consumption patterns of consumers are shifting, and there are now more materials available to soundproof and decorate the interiors of commercial complexes. Both of these factors are projected to contribute to the expansion of the mineral wool market in the country. The National Association of Realtors (NAR) reports that total existing house sales reached US$ 6 million as of March 2021, which is a 12.3% year-over-year gain in comparison to the year 2020. The astonishing year-over-year gain of more than 17% points brought the median sales price to a startling US$ 329,100.

Awareness on Environment-Friendly Solutions in Construction Segment is the Largest Market Booster

The use of conventional products is anticipated to be influenced over the course of the forecast period by the growing acceptance of environmentally friendly tiles that are certified as per the green building standards for generating low levels of volatile organic compounds (VOCs). Well-known firms are broadening their product offerings on the market by introducing new product lines that emit minimal levels of volatile organic compounds and do not include asbestos. It is anticipated that the growing awareness regarding the utilisation of environmentally friendly building materials will accelerate the green retrofit or renovation operations of existing buildings in developed economies from North America and Europe. In addition, key companies in the region are increasingly adopting technologies that are recyclable and reused, which is projected to be a major driver of market growth throughout the course of the projection period.

The trend toward financing environmentally friendly projects is being shaped and accelerated by financiers and investors in real estate. This, in conjunction with consumer concerns regarding pollution and CO2 emissions, is creating chances for environmentally friendly buildings, which is boosting the need for a product that is sustainable. Green buildings are predicted to represent one of the major worldwide investment opportunities over the next few years, with an expected value of $24.7 trillion by the year 2030, as stated in a report by the IFC. The greatest investment potentials in the world are found in the emerging markets of South Asia, East Asia, and the Pacific, and their combined value is 17.8 trillion dollars. In addition, businesses are adopting a decarbonization strategy in order to make zero-carbon buildings and are inventing materials in order to further assist initiatives for environmentally friendly construction solutions. As a result, the growing movement toward environmentally responsible building practices is opening up the potential for the manufacture of ceiling tiles.

Mineral ceiling tiles that are not only functional but also inventive are offering additional chances for manufacturers in the market for ceiling tiles. They are pioneering new techniques for mineral ceiling tiles by utilising the wet-felt production method. The incorporation of both practical and aesthetic design principles into modular ceilings is helping to drive market growth.

The worldwide housing sector is progressively tilting towards green buildings as global concern about environmental sustainability grows, which has prompted key players to offer product lines that are fit for this market segment. Players like Ceilume are actively involved in the process of introducing new solutions for environmentally friendly buildings. In order to accomplish this goal, the firm has launched a new range of tiles that are constructed from 98% post-industrial recycled tin, copper, bronze, and cherry wood finishes. Cherry wood treatments are also available in this collection.

When compared to tiles made from mineral fibre, tiles made from Celiume require 75% less raw material during the manufacturing process, weigh less, nest better, and require roughly 25% of the cargo space. As a result, shipping Celiume tiles is much more efficient and has a smaller impact on the environment. The improved acoustic absorption capabilities of ceiling tiles in environmentally friendly buildings are an additional key characteristic of these tiles. An excessive amount of noise is a major disincentive to inefficient building design because it can damage living conditions in residential settings and reduce productivity in commercial settings. This is the case because excessive noise can be caused by poorly designed buildings.

Expanding Demand from Emerging Economies

It is anticipated that the expansion of the global market for ceiling tiles would be bolstered by the growing demand in developing areas such as the Asia Pacific, the Middle East and Africa, and South America. Because of the increasing industrialization that goes hand in hand with economic expansion and the huge investments that are made in R&D activities, these markets account for the vast majority of the demand for ceiling tiles. A direct result of the fast industrialization occurring in these economies is the rapid expansion of the building and infrastructure industry, which has resulted in an enormous demand for ceiling tiles. The movement of manufacturers to these regions because of the adequate availability of raw materials and cheap labour, in addition to growing manufacturing activities and industrial bases, is also anticipated to propel the demand for ceiling tiles. This is due to the fact that these regions have greater availability of raw materials. It is anticipated that the expansion of the market will be driven in part by demographic factors such as an expanding population, rising per capita disposable incomes, and an increased demand for infrastructure-related services.

High Price of Ceiling Tiles Limit Their Usage in Residential Segment

The most difficult obstacle to overcome in the market for ceiling tiles is bringing down the prices of manufacturing and installation for ceiling tiles. Because of their relatively high price, ceiling tiles are used in very few residential applications. This is mostly due to their lack of popularity. The cost of the installation procedure is high because it includes the cost of the suspension system, as well as the cost of hanger wire, wall mouldings, and clips. All of these components are necessary to provide a square, level, and stable installation, which contributes to the high cost. If the prices of these installation parts can be brought down, there is a good opportunity for market expansion in residential applications.

Mineral Wool Dominating the Market Though, Gypsum Promising Significant Opportunities

The mineral wool product segment was the most dominant accounting for more than 40% of the global market revenues. In 2021, this segment controlled the majority of the market. The strong demand can be ascribed to its advantageous qualities, such as being lightweight and providing thermal insulation, which make it the ideal material for tiles that are used in ceiling applications in institutions and workplaces. The tiles in this class are created out of metal, specifically steel and aluminium. These are employed in commercial and residential settings due to the material's sturdiness, durability, and long shelf life, which is driving the growth of the industry as a whole. Due to their enhanced acoustic and aesthetic features, these ceiling tiles are becoming increasingly popular.

Gypsum, which is used in the production of ceiling tiles, accounted for the second-largest revenue share in 2021 and is anticipated to rise at a substantial compound annual growth rate throughout the course of the forecast period of 2022 to 2030. During the period covered by the forecast for the industry, the gypsum segment is anticipated to experience the highest rate of growth. Gypsum tiles are simple to reinstall and repair if they ever get damaged. As a result, the product enjoys a high level of preference from a variety of end-use sectors for the purpose of increasing the structure's appearance. Tiles made of plastic, tiles made of wood, and tiles made of composite materials are included in the other part. Demand for the product is being driven by various customer preferences regarding the type of material that should be used for the ceiling in order to enhance the aesthetic appeal of the space, which is further fuelling the expansion of the ceiling tiles market.

Acoustic Category Dominates Due to Sound Reduction Capability

The acoustic category dominated the market in 2021 and is also expected to be the fastest growing market registering the highest CAGR during the forecast period 2022 to 2030. The capacity of ceiling tiles to regulate and reduce the amount of sound that is transmitted is the primary element driving the expansion of this market segment.

Non-Residential Segment is the Clear Leader, Residential Segment to Steadily Grow

In 2021, the non-residential application segment was the most profitable and dominant part of the market, accounting for more than 92% of total revenue. It is anticipated that robust expansion in commercial building construction activities across the globe, together with a rebound of the non-residential construction industry in the United States, will enhance the consumption of building materials, consequently driving the growth of the market. The majority of the time, ceiling tiles may be found in a variety of commercial settings. These settings include the retail, hospitality, and healthcare industries, as well as corridors, medical hallways, operating theatres, clinics, and diagnostic centres. These materials are used in non-residential buildings to increase the acoustic and thermal insulation, as well as the overall aesthetics of the interiors, and to highlight the overall aesthetics of the building as a whole.

Residential applications are likely to provide significant scope for market growth as a result of rising construction spending on renovation and repair activities in the housing sector. This is due to the fact that residential applications account for a significant portion of overall construction spending. Demand for ceiling tiles is predicted to be stimulated throughout the projected period as a result of a strong rise in residential building construction activities across the globe and rural to urban migration in developing nations. It is anticipated that an increase in the development of environmentally friendly buildings in the developed economies of North America and Europe will assist in the consumption of ceiling tiles that are environmentally friendly and lightweight. In addition, because of more stringent VOC laws and regulations concerning construction materials, it is anticipated that the utilisation of low VOC ceiling tiles will expand in application industries during the course of the period under consideration.

North America Remains the Global Leader, Asia to be the Largest Investment Destination

Due to the increased adoption of products from various application industries, the market in North America led the market in 2021 and accounted for the largest revenue share of 35%. The need for acoustic insulation, in addition to recent technological advancement in this field, has been a significant factor in the region's increased use of ceiling tiles as a building material. This was due to a combination of factors, including a high level of discretionary income among consumers, shifting patterns of consumer behaviour, and an increase in the number of available alternatives for soundproofing and decorating the interiors of commercial complexes. Over the course of the forecast period, the most important element that will be driving the industry is the expansion of the residential market in terms of single-family homes. According to the State of the Nation's Housing 2020 report that was released by the Harvard Kennedy School, new construction activity restarted by July 2020, registering a 1.5-million-unit annual pace, and remained stable at a 1.4-million-unit rate throughout the months of August and September. The number of starts for single-family homes led the way, climbing to 1.1 million units annually, which is an increase of 22% from 2019. These ascending tendencies are leading to an increase in spending on interior decorations, which includes ceilings, which in turn is leading to an increase in demand for ceiling tiles.

In 2021, Europe was responsible for a sizeable portion of the total revenue generated by the global market. The availability of innovative and sustainable construction solutions, simple installation methods, the presence of well-established construction industry, and stringent regulations over particulate emissions are all factors that are driving the market, which has led to an increase in product demand in the region. High-performance mineral ceiling tiles are becoming more readily available thanks to the efforts of manufacturers based in Germany who are conforming to international standards. In order to bolster their credibility credentials, they are conforming to the quality standards set forth by the International Organization for Standardization (ISO) as well as the environmental management processes. There is an increasing need among ceiling tile providers for the highest possible level of system safety and service quality. Mineral ceiling tiles are kept at a consistently high quality and level of safety thanks to the support of ISO standards.

As a result of accelerating industrialization and increasing levels of consumer disposable income, the Asia Pacific region is anticipated to emerge as the market with the highest rate of expansion between the years 2022 and 2030. In addition, an increase in population, urbanization, and an increase in the number of renovation operations in Southeast Asia are anticipated to drive product demand from application sectors in the region.

Given China's exponentially increasing urbanization rate, the Chinese market for ceiling tiles presents enormous opportunities for growth and expansion. According to some estimates, more than half of China's population currently lives in urban areas, and more than one hundred of the country's cities are home to at least one million people apiece. The formerly sleepy fishing towns that are now bustling megacities of Shanghai and Shenzhen are among the many metropolitan hubs that have undergone this transformation.

In addition, a string of big urban infrastructure projects is anticipated to tip the scales in favor of the market for ceiling tiles. The Intercity Railway along the Yangtze River in Jiangsu (US$ 34.3 billion), the Intercity Rail Network in Eastern Guangdong (US$ 14.8 billion), and the Beijing Airport Expansion are all projects that are expected to provide enormous opportunities. The Shanghai Urban Rail Transit Expansion will cost US$ 44.2 billion.

The market for ceiling tiles in China is dominated by an abundance of companies operating at the regional level. The Dalian Superego Hongye Building Materials Co. Ltd., the Shijiazhuang Shenghaowei Building Material Co. Ltd., the TAISHAN GYPSUM CO. LTD., the Zhejiang Xinwei Decorative Material Co. Ltd., and the Shanghai Royal Imp&Exp Co. Ltd. are just a few of the companies that fall into this category. These firms are responsible for the majority of the demand for ceiling tiles in the local market.

According to the Department of Promotion of Industry and Internal Trade (DPIIT), the value of the foreign direct investment in the construction development sector, which includes townships, housing, built-up infrastructure, and construction development projects, and construction, including infrastructure activities, stood at US$ 25.78 billion and US$ 17.22 billion respectively between April 2000 and September 2020 in India. These figures pertain to the construction development sector, which includes townships, housing, built-up infrastructure and construction development projects. In addition, the Union Budget of 2021 gave the construction industry a significant push in the right direction by providing 32.02 billion dollars to improve the country's transportation infrastructure. The number of projects included in the National Infrastructure Pipeline (NIP) was increased to 7,400 by the government of India. As of the year 2020, around 217 projects with a total value of $15.09 billion had been finished. The union government has budgeted an additional $ 1.4 trillion in spending through 2023.

Highly Competitive Market Demands Product Differentiation

The market contains a significant number of participants, each of whom offers a selection of product variants, which results in intense competition. The leading competitors in the international market have well-established distribution networks and a physical presence in most developed economies, including those of North America and Europe, as well as in Australia and other areas of the Asia-Pacific region. Due to the high degree of forward and backward integration that continues to exist among leading firms in the global market, rivalry and competitiveness have become more intense, which forms an entry barrier for new entrants. The competitors are actively implementing a variety of inorganic and organic methods in order to strengthen their position in the ceiling tiles sector. Armstrong World Industries, ROCKWOOL International A/S, Knauf Gips KG, and Saint - Gobain Gyproc are just a few of the most successful companies now operating in this industry. The other companies in this market segment include Hunter Douglas from the Netherlands, KET Ceilings from China, Aerolite Industries Pvt. Ltd. from India, Rockfon from Denmark, Odenwald Faserplattenwerk GmbH from Germany, Georgia-Pacific from the United States, SAS International from the United Kingdom (UK) and others. Players are placing a significant amount of emphasis on the development of application-specific merchandise, which has resulted in a rush of product releases and offerings. Additionally, reliance is placed on other initiatives, such as strategic collaborations, acquisitions, and partnerships. The companies have implemented several growth strategies such as capacity expansion, new product launches and so on to achieve a competitive edge in the global market.

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Ceiling Tiles market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Ceiling Tiles market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Product Code: 139338-07-22

Table of Contents

1. Preface

  • 1.1. Report Description
    • 1.1.1. Purpose of the Report
    • 1.1.2. Target Audience
    • 1.1.3. Key Offerings
  • 1.2. Market Segmentation
  • 1.3. Research Methodology
    • 1.3.1. Phase I - Secondary Research
    • 1.3.2. Phase II - Primary Research
    • 1.3.3. Phase III - Expert Panel Review
    • 1.3.4. Assumptions
    • 1.3.5. Approach Adopted

2. Executive Summary

  • 2.1. Market Snapshot: Global Ceiling Tiles Market
  • 2.2. Global Ceiling Tiles Market, By Material, 2021 (US$ Million)
  • 2.3. Global Ceiling Tiles Market, By Application, 2021 (US$ Million)
  • 2.4. Global Ceiling Tiles Market, By Installation, 2021 (US$ Million)
  • 2.5. Global Ceiling Tiles Market, By Form, 2021 (US$ Million)
  • 2.6. Global Ceiling Tiles Market, By Property Type, 2021 (US$ Million)
  • 2.7. Global Ceiling Tiles Market, By Geography, 2021 (US$ Million)
  • 2.8. Impact of Covid 19
  • 2.9. Attractive Investment Proposition by Geography, 2021
  • 2.10. Competitive Analysis
    • 2.10.1. Market Positioning of Key Ceiling Tiles Market Vendors
    • 2.10.2. Strategies Adopted by Ceiling Tiles Market Vendors
    • 2.10.3. Key Industry Strategies

3. Ceiling Tiles Market: Business Outlook & Market Dynamics

  • 3.1. Introduction
  • 3.2. Global Ceiling Tiles Market Value, 2020 - 2030, (US$ Million)
  • 3.3. Market Dynamics
    • 3.3.1. Market Drivers
    • 3.3.2. Market Restraints
    • 3.3.3. Key Challenges
    • 3.3.4. Key Opportunities
  • 3.4. Impact Analysis of Drivers and Restraints
  • 3.5. See-Saw Analysis
  • 3.6. Porter's Five Force Model
    • 3.6.1. Supplier Power
    • 3.6.2. Buyer Power
    • 3.6.3. Threat Of Substitutes
    • 3.6.4. Threat Of New Entrants
    • 3.6.5. Competitive Rivalry
  • 3.7. PESTEL Analysis
    • 3.7.1. Political Landscape
    • 3.7.2. Economic Landscape
    • 3.7.3. Technology Landscape
    • 3.7.4. Legal Landscape
    • 3.7.5. Social Landscape

4. Ceiling Tiles Market: By Material, 2020-2030, USD (Million)

  • 4.1. Market Overview
  • 4.2. Growth & Revenue Analysis: 2021 Versus 2030
  • 4.3. Market Segmentation
    • 4.3.1. Mineral Fiber
    • 4.3.2. Metal
    • 4.3.3. Gypsum
    • 4.3.4. Others

5. Ceiling Tiles Market: By Application, 2020-2030, USD (Million)

  • 5.1. Market Overview
  • 5.2. Growth & Revenue Analysis: 2021 Versus 2030
  • 5.3. Market Segmentation
    • 5.3.1. Residential
    • 5.3.2. Commercial
    • 5.3.3. Hospitality
    • 5.3.4. Industrial
    • 5.3.5. Institutional

6. Ceiling Tiles Market: By Installation, 2020-2030, USD (Million)

  • 6.1. Market Overview
  • 6.2. Growth & Revenue Analysis: 2021 Versus 2030
  • 6.3. Market Segmentation
    • 6.3.1. Surface Mount
    • 6.3.2. Drop/Suspended

7. Ceiling Tiles Market: By Form, 2020-2030, USD (Million)

  • 7.1. Market Overview
  • 7.2. Growth & Revenue Analysis: 2021 Versus 2030
  • 7.3. Market Segmentation
    • 7.3.1. Laminated
    • 7.3.2. Fissured
    • 7.3.3. Patterned
    • 7.3.4. Plain
    • 7.3.5. Textured
    • 7.3.6. Coffered

8. Ceiling Tiles Market: By Property Type, 2020-2030, USD (Million)

  • 8.1. Market Overview
  • 8.2. Growth & Revenue Analysis: 2021 Versus 2030
  • 8.3. Market Segmentation
    • 8.3.1. Acoustic
    • 8.3.2. Non-Acoustic

9. North America Ceiling Tiles Market, 2020-2030, USD (Million)

  • 9.1. Market Overview
  • 9.2. Ceiling Tiles Market: By Material, 2020-2030, USD (Million)
  • 9.3. Ceiling Tiles Market: By Application, 2020-2030, USD (Million)
  • 9.4. Ceiling Tiles Market: By Installation, 2020-2030, USD (Million)
  • 9.5. Ceiling Tiles Market: By Form, 2020-2030, USD (Million)
  • 9.6. Ceiling Tiles Market: By Property Type, 2020-2030, USD (Million)
  • 9.7.Ceiling Tiles Market: By Region, 2020-2030, USD (Million)
    • 9.7.1. North America
      • 9.7.1.1. U.S.
      • 9.7.1.2. Canada
      • 9.7.1.3. Rest of North America

10. UK and European Union Ceiling Tiles Market, 2020-2030, USD (Million)

  • 10.1. Market Overview
  • 10.2. Ceiling Tiles Market: By Material, 2020-2030, USD (Million)
  • 10.3. Ceiling Tiles Market: By Application, 2020-2030, USD (Million)
  • 10.4. Ceiling Tiles Market: By Installation, 2020-2030, USD (Million)
  • 10.5. Ceiling Tiles Market: By Form, 2020-2030, USD (Million)
  • 10.6. Ceiling Tiles Market: By Property Type, 2020-2030, USD (Million)
  • 10.7. Ceiling Tiles Market: By Region, 2020-2030, USD (Million)
    • 10.7.1. UK and European Union
      • 10.7.1.1. UK
      • 10.7.1.2. Germany
      • 10.7.1.3. Spain
      • 10.7.1.4. Italy
      • 10.7.1.5. France
      • 10.7.1.6. Rest of Europe

11. Asia Pacific Ceiling Tiles Market, 2020-2030, USD (Million)

  • 11.1. Market Overview
  • 11.2. Ceiling Tiles Market: By Material, 2020-2030, USD (Million)
  • 11.3. Ceiling Tiles Market: By Application, 2020-2030, USD (Million)
  • 11.4. Ceiling Tiles Market: By Installation, 2020-2030, USD (Million)
  • 11.5. Ceiling Tiles Market: By Form, 2020-2030, USD (Million)
  • 11.6. Ceiling Tiles Market: By Property Type, 2020-2030, USD (Million)
  • 11.7. Ceiling Tiles Market: By Region, 2020-2030, USD (Million)
    • 11.7.1. Asia Pacific
      • 11.7.1.1. China
      • 11.7.1.2. Japan
      • 11.7.1.3. India
      • 11.7.1.4. Australia
      • 11.7.1.5. South Korea
      • 11.7.1.6. Rest of Asia Pacific

12. Latin America Ceiling Tiles Market, 2020-2030, USD (Million)

  • 12.1. Market Overview
  • 12.2. Ceiling Tiles Market: By Material, 2020-2030, USD (Million)
  • 12.3. Ceiling Tiles Market: By Application, 2020-2030, USD (Million)
  • 12.4. Ceiling Tiles Market: By Installation, 2020-2030, USD (Million)
  • 12.5. Ceiling Tiles Market: By Form, 2020-2030, USD (Million)
  • 12.6. Ceiling Tiles Market: By Property Type, 2020-2030, USD (Million)
  • 12.7. Ceiling Tiles Market: By Region, 2020-2030, USD (Million)
    • 12.7.1. Latin America
      • 12.7.1.1. Brazil
      • 12.7.1.2. Mexico
      • 12.7.1.3. Rest of Latin America

13. Middle East and Africa Ceiling Tiles Market, 2020-2030, USD (Million)

  • 13.1. Market Overview
  • 13.2. Ceiling Tiles Market: By Material, 2020-2030, USD (Million)
  • 13.3. Ceiling Tiles Market: By Application, 2020-2030, USD (Million)
  • 13.4. Ceiling Tiles Market: By Installation, 2020-2030, USD (Million)
  • 13.5. Ceiling Tiles Market: By Form, 2020-2030, USD (Million)
  • 13.6. Ceiling Tiles Market: By Property Type, 2020-2030, USD (Million)
  • 13.7.Ceiling Tiles Market: By Region, 2020-2030, USD (Million)
    • 13.7.1. Middle East and Africa
      • 13.7.1.1. GCC
      • 13.7.1.2. Africa
      • 13.7.1.3. Rest of Middle East and Africa

14. Company Profile

  • 14.1. Armstrong World Industries
    • 14.1.1. Company Overview
    • 14.1.2. Financial Performance
    • 14.1.3. Product Portfolio
    • 14.1.4. Strategic Initiatives
  • 14.2. ROCKWOOL International A/S
    • 14.2.1. Company Overview
    • 14.2.2. Financial Performance
    • 14.2.3. Product Portfolio
    • 14.2.4. Strategic Initiatives
  • 14.3. Knauf Gips KG
    • 14.3.1. Company Overview
    • 14.3.2. Financial Performance
    • 14.3.3. Product Portfolio
    • 14.3.4. Strategic Initiatives
  • 14.4. Saint - Gobain Gyproc
    • 14.4.1. Company Overview
    • 14.4.2. Financial Performance
    • 14.4.3. Product Portfolio
    • 14.4.4. Strategic Initiatives
  • 14.5. Hunter Douglas from the Netherlands
    • 14.5.1. Company Overview
    • 14.5.2. Financial Performance
    • 14.5.3. Product Portfolio
    • 14.5.4. Strategic Initiatives
  • 14.6. KET Ceilings from China
    • 14.6.1. Company Overview
    • 14.6.2. Financial Performance
    • 14.6.3. Product Portfolio
    • 14.6.4. Strategic Initiatives
  • 14.7. Aerolite Industries Pvt. Ltd.
    • 14.7.1. Company Overview
    • 14.7.2. Financial Performance
    • 14.7.3. Product Portfolio
    • 14.7.4. Strategic Initiatives
  • 14.8. Rockfon from Denmark
    • 14.8.1. Company Overview
    • 14.8.2. Financial Performance
    • 14.8.3. Product Portfolio
    • 14.8.4. Strategic Initiatives
  • 14.9. Odenwald Faserplattenwerk GmbH
    • 14.9.1. Company Overview
    • 14.9.2. Financial Performance
    • 14.9.3. Product Portfolio
    • 14.9.4. Strategic Initiatives
  • 14.10. Georgia-Pacific
    • 14.10.1. Company Overview
    • 14.10.2. Financial Performance
    • 14.10.3. Product Portfolio
    • 14.10.4. Strategic Initiatives
  • 14.11. SAS International
    • 14.11.1. Company Overview
    • 14.11.2. Financial Performance
    • 14.11.3. Product Portfolio
    • 14.11.4. Strategic Initiatives
  • 14.12. Others
    • 14.12.1. Company Overview
    • 14.12.2. Financial Performance
    • 14.12.3. Product Portfolio
    • 14.12.4. Strategic Initiatives
Product Code: 139338-07-22

List of Tables

  • TABLE 1: Global Ceiling Tiles Market By Material, 2020-2030, USD (Million)
  • TABLE 2: Global Ceiling Tiles Market By Application, 2020-2030, USD (Million)
  • TABLE 3: Global Ceiling Tiles Market By Installation, 2020-2030, USD (Million)
  • TABLE 4: Global Ceiling Tiles Market By Form, 2020-2030, USD (Million)
  • TABLE 5: Global Ceiling Tiles Market By Property Type, 2020-2030, USD (Million)
  • TABLE 6: North America Ceiling Tiles Market By Material, 2020-2030, USD (Million)
  • TABLE 7: North America Ceiling Tiles Market By Application, 2020-2030, USD (Million)
  • TABLE 8: North America Ceiling Tiles Market By Installation, 2020-2030, USD (Million)
  • TABLE 9: North America Ceiling Tiles Market By Form, 2020-2030, USD (Million)
  • TABLE 10: North America Ceiling Tiles Market By Property Type, 2020-2030, USD (Million)
  • TABLE 11: UK and European Union Ceiling Tiles Market By Material, 2020-2030, USD (Million)
  • TABLE 12: UK and European Union Ceiling Tiles Market By Application, 2020-2030, USD (Million)
  • TABLE 13: UK and European Union Ceiling Tiles Market By Installation, 2020-2030, USD (Million)
  • TABLE 14: UK and European Union Ceiling Tiles Market By Form, 2020-2030, USD (Million)
  • TABLE 15: UK and European Union Ceiling Tiles Market By Property Type, 2020-2030, USD (Million)
  • TABLE 16: Asia Pacific Ceiling Tiles Market By Material, 2020-2030, USD (Million)
  • TABLE 17: Asia Pacific Ceiling Tiles Market By Application, 2020-2030, USD (Million)
  • TABLE 18: Asia Pacific Ceiling Tiles Market By Installation, 2020-2030, USD (Million)
  • TABLE 19: Asia Pacific Ceiling Tiles Market By Form, 2020-2030, USD (Million)
  • TABLE 20: Asia Pacific Ceiling Tiles Market By Property Type, 2020-2030, USD (Million)
  • TABLE 21: Latin America Ceiling Tiles Market By Material, 2020-2030, USD (Million)
  • TABLE 22: Latin America Ceiling Tiles Market By Application, 2020-2030, USD (Million)
  • TABLE 23: Latin America Ceiling Tiles Market By Installation, 2020-2030, USD (Million)
  • TABLE 24: Latin America Ceiling Tiles Market By Form, 2020-2030, USD (Million)
  • TABLE 25: Latin America Ceiling Tiles Market By Property Type, 2020-2030, USD (Million)
  • TABLE 26: Middle East and Africa Ceiling Tiles Market By Material, 2020-2030, USD (Million)
  • TABLE 27: Middle East and Africa Ceiling Tiles Market By Application, 2020-2030, USD (Million)
  • TABLE 28: Middle East and Africa Ceiling Tiles Market By Installation, 2020-2030, USD (Million)
  • TABLE 29: Middle East and Africa Ceiling Tiles Market By Form, 2020-2030, USD (Million)
  • TABLE 30: Middle East and Africa Ceiling Tiles Market By Property Type, 2020-2030, USD (Million)

List of Figures

  • FIG. 1: Global Ceiling Tiles Market: Market Coverage
  • FIG. 2: Research Methodology and Data Sources
  • FIG. 3: Market Size Estimation - Top Down & Bottom-Up Approach
  • FIG. 4: Global Ceiling Tiles Market: Quality Assurance
  • FIG. 5: Global Ceiling Tiles Market, By Material, 2021
  • FIG. 6: Global Ceiling Tiles Market, By Application, 2021
  • FIG. 7: Global Ceiling Tiles Market, By Installation, 2021
  • FIG. 8: Global Ceiling Tiles Market, By Form, 2021
  • FIG. 9: Global Ceiling Tiles Market, By Property Type, 2021
  • FIG. 10: Global Ceiling Tiles Market, By Geography, 2021
  • FIG. 11: Global Ceiling Tiles Market, By Material, 2021 Vs 2030, %
  • FIG. 12: Global Ceiling Tiles Market, By Application, 2021 Vs 2030, %
  • FIG. 13: Global Ceiling Tiles Market, By Installation, 2021 Vs 2030, %
  • FIG. 14: Global Ceiling Tiles Market, By Form, 2021 Vs 2030, %
  • FIG. 15: Global Ceiling Tiles Market, By Property Type, 2021 Vs 2030, %
  • FIG. 16: U.S. Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 17: Canada Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 18: Rest of North America Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 19: UK Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 20: Germany Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 21: Spain Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 22: Italy Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 23: France Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 24: Rest of Europe Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 25: China Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 26: Japan Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 27: India Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 28: Australia Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 29: South Korea Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 30: Rest of Asia Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 31: Brazil Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 32: Mexico Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 33: Rest of Latin America Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 34: GCC Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 35: Africa Ceiling Tiles Market (US$ Million), 2020 - 2030
  • FIG. 36: Rest of Middle East and Africa Ceiling Tiles Market (US$ Million), 2020 - 2030
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