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1053448

Ceiling Tiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Published: | IMARC Services Private Limited | 111 Pages | Delivery time: 2-3 business days

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Ceiling Tiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Published: January 10, 2022
IMARC Services Private Limited
Content info: 111 Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

The global ceiling tiles market reached a value of US$ 6.52 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.37 Billion by 2027, exhibiting a CAGR of 4.05% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Ceiling tiles, also known as ceiling panels, refer to lightweight construction materials which are used to enhance the overall aesthetics of a room or space. They can be utilized for numerous ceiling types which include shed, tray, coved, domed, vaulted, decorative, cathedral and suspended. They are manufactured from materials like clay, metal, gypsum, recycled paper and natural starch. Some of the advantages associated with these tiles include durability, low-maintenance, fire-resistance, thermal insulation, absorption of sound and reflection of natural light. As a result, they are widely used in the construction and renovation of offices, schools, cafeterias, hospitals, stores, hotels and airports.

Market Drivers:

  • Driven by the revival of the construction industry, both the developed and developing regions are witnessing an increase in the construction of residential, commercial and industrial buildings which, in turn, is strengthening the growth of the ceiling tiles market. Apart from this, due to the growing western influence, consumers are now seeking affordable false ceiling options that offer stylish and luxurious interiors. Further, technological advancements have also enabled manufacturers to simplify the installation process which guarantees perfect alignment as well as optimum finished look to end-consumers.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global ceiling tiles market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type and application.

Breakup by Product Type:

  • Mineral Wool
  • Gypsum
  • Metallic
  • Others
  • Mineral wool ceiling tiles currently account for majority of the total global market. As they offer numerous advantages like sound insulation, durability, resistance to fire and light reflectance, they are extensively used in the construction of offices, hospitals and retail stores.

Breakup by Application:

  • Non-Residential Applications
  • Residential Applications
  • Amongst these, ceiling tiles are mostly used in the non-residential sector while constructing or renovating cafeterias, hospitals, restaurants and hotels.

Regional Insights:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • North America enjoys the leading position in the market on account of technological advancements and stringent regulations regarding VOC emissions from building materials prevailing in the region.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report along with detailed profiles of the major players operating in the industry. Some of these include:

  • SAS International
  • ROCKFON
  • USG Corporation
  • Knauf
  • Odenwald Faserplattenwerk GmbH Key Question Answered in this Report
  • 1. What was the size of the global ceiling tiles market in 2021?
  • 2. What is the expected growth rate of the global ceiling tiles market during 2022-2027?
  • 3. What are the key factors driving the global ceiling tiles market?
  • 4. What has been the impact of COVID-19 on the global ceiling tiles market?
  • 5. What is the breakup of the global ceiling tiles market based on the product type?
  • 6. What is the breakup of the global ceiling tiles market based on the application?
  • 7. What are the key regions in the global ceiling tiles market?
  • 8. Who are the key players/companies in the global ceiling tiles market?
Product Code: SR0122A195_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Ceiling Tiles Industry

  • 5.1 Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Breakup by Region
  • 5.5 Market Breakup by Product Type
  • 5.6 Market Breakup by Application
  • 5.7 Market Forecast
  • 5.8 SWOT Analysis
    • 5.8.1 Overview
    • 5.8.2 Strengths
    • 5.8.3 Weaknesses
    • 5.8.4 Opportunities
    • 5.8.5 Threats
  • 5.9 Value Chain Analysis
    • 5.9.1 Overview
    • 5.9.2 Mining/Quarrying
    • 5.9.3 Pre-Processing of Raw Materials
    • 5.9.4 Manufacturing
    • 5.9.5 Marketing and Distribution
    • 5.9.6 Retailers/Exporters
    • 5.9.7 End-Users
  • 5.10 Porter's Five Forces Analysis
    • 5.10.1 Overview
    • 5.10.2 Bargaining Power of Buyers
    • 5.10.3 Bargaining Power of Suppliers
    • 5.10.4 Degree of Rivalry
    • 5.10.5 Threat of New Entrants
    • 5.10.6 Threat of Substitutes
  • 5.11 Price Analysis
    • 5.11.1 Key Price Indicators
    • 5.11.2 Price Structure
    • 5.11.3 Margin Analysis
  • 5.12 Key Market Drivers and Success Factors

6 Market Performance by Region

  • 6.1 North America
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Europe
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Asia Pacific
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Latin America
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Middle East and Africa
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast

7 Market Performance by Product Type

  • 7.1 Mineral Wool Ceiling Tiles
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Gypsum Ceiling Tiles
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Metallic Ceiling Tiles
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Performance by Application

  • 8.1 Non-Residential Applications
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Residential Applications
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Competitive Landscape

  • 9.1 Market Structure
  • 9.2 Key Players

10 Ceiling Tile Manufacturing Process

  • 10.1 Product Overview
  • 10.2 Detailed Process Flow
  • 10.3 Various Types of Unit Operations Involved
  • 10.4 Mass Balance and Raw Material Requirements
  • 10.5 Major Machinery Pictures

11 Ceiling Tile Manufacturing Plant: Project Details, Requirements and Costs Involved

  • 11.1 Land Requirements and Expenditures
  • 11.2 Construction Requirements and Expenditures
  • 11.3 Plant Layout
  • 11.4 Plant Machinery
  • 11.5 Raw Material Requirements and Expenditures
  • 11.6 Packaging Requirements and Expenditures
  • 11.7 Transportation Requirements and Expenditures
  • 11.8 Utilities Requirements and Expenditures
  • 11.9 Manpower Requirements and Expenditures
  • 11.10 Other Capital Investments

12 Loans and Financial Assistance

13 Ceiling Tile Manufacturing Plant: Project Economics

  • 13.1 Capital Cost of the Project
  • 13.2 Techno-Economic Parameters
  • 13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
  • 13.4 Income Projections
  • 13.5 Expenditure Projections
  • 13.6 Taxation and Depreciation
  • 13.7 Financial Analysis
  • 13.8 Profit Analysis

14 Key Player Profiles

  • 14.1 SAS International
  • 14.2 ROCKFON
  • 14.3 USG Corporation
  • 14.4 Knauf
  • 14.5 Odenwald Faserplattenwerk GmbH

List of Figures

  • Figure 1: Global: Ceiling Tiles Industry: Major Drivers and Challenges
  • Figure 2: Global: Ceiling Tiles Market: Sales Value (in Billion US$), 2016-2021
  • Figure 3: Global: Ceiling Tiles Market: Breakup by Region (in %), 2021
  • Figure 4: Global: Ceiling Tiles Market: Breakup by Product Type (in %), 2021
  • Figure 5: Global: Ceiling Tiles Market: Breakup by Application (In %), 2021
  • Figure 6: Global: Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 7: Global: Ceiling Tiles Industry: SWOT Analysis
  • Figure 8: Global: Ceiling Tiles Industry: Value Chain Analysis
  • Figure 9: Global: Ceiling Tiles Industry: Porter's Five Forces Analysis
  • Figure 10: Ceiling Tiles Market: Price Structure (US$/Sq Metre)
  • Figure 11: North America: Ceiling Tiles Market: Sales Value (in Billion US$), 2016 & 2021
  • Figure 12: North America: Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 13: Europe: Ceiling Tiles Market: Sales Value (in Billion US$), 2016 & 2021
  • Figure 14: Europe: Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 15: Asia Pacific: Ceiling Tiles Market: Sales Value (in Billion US$), 2016 & 2021
  • Figure 16: Asia Pacific: Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 17: Latin America: Ceiling Tiles Market: Sales Value (in Billion US$), 2016 & 2021
  • Figure 18: Latin America: Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 19: Middle East and Africa: Ceiling Tiles Market: Sales Value (in Billion US$), 2016 & 2021
  • Figure 20: Middle East and Africa: Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 21: Global: Mineral Wool Ceiling Tiles Market: Sales Value (in Billion US$), 2016 & 2021
  • Figure 22: Global: Mineral Wool Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 23: Global: Gypsum Ceiling Tiles Market: Sales Value (in Billion US$), 2016 & 2021
  • Figure 24: Global: Gypsum Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 25: Global: Metallic Ceiling Tiles Market: Sales Value (in Billion US$), 2016 & 2021
  • Figure 26: Global: Metallic Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 27: Global: Other Ceiling Tiles Market: Sales Value (in Billion US$), 2016 & 2021
  • Figure 28: Global: Other Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 29: Global: Ceiling Tiles Market (in Non-Residential Applications): Sales Value (in Billion US$), 2016 & 2021
  • Figure 30: Global: Ceiling Tiles Market Forecast (in Non-Residential Applications): Sales Value (in Billion US$), 2022-2027
  • Figure 31: Global: Ceiling Tiles Market (in Residential Applications): Sales Value (in Billion US$), 2016 & 2021
  • Figure 32: Global: Ceiling Tiles Market Forecast (in Residential Applications): Sales Value (in Billion US$), 2022-2027
  • Figure 33: Ceiling Tile Manufacturing: Detailed Process Flow
  • Figure 34: Ceiling Tiles Manufacturing: Various Types of Unit Operations Involved
  • Figure 35: Ceiling Tile Manufacturing: Conversion Rate of Feedstocks
  • Figure 36: Ceiling Tile Manufacturing: Proposed Plant Layout
  • Figure 37: Ceiling Tile Manufacturing Plant: Packaging
  • Figure 38: Ceiling Tile Manufacturing Plant: Breakup of Capital Costs (in %)
  • Figure 39: Ceiling Tiles Industry: Profit Margins at Various Levels of the Supply Chain
  • Figure 40: Ceiling Tile Manufacturing Plant: Breakup of Operational Costs (in %)

List of Tables

  • Table 1: Global: Ceiling Tiles Market: Key Industry Highlights, 2021 and 2027
  • Table 2: Global: Ceiling Tiles Market Forecast: Breakup by Region (in Billion US$), 2022-2027
  • Table 3: Global: Ceiling Tiles Market Forecast: Breakup by Product Type (in Billion US$), 2022-2027
  • Table 4: Global: Ceiling Tiles Market Forecast: Breakup by Application (in Billion US$), 2022-2027
  • Table 5: Global: Ceiling Tiles Market: Competitive Structure
  • Table 6: Global: Ceiling Tiles Industry: Key Players
  • Table 7: Ceiling Tile Manufacturing Plant: Costs Related to Land and Site Development (in US$)
  • Table 8: Ceiling Tile Manufacturing Plant: Costs Related to Civil Works (in US$)
  • Table 9: Ceiling Tile Manufacturing Plant: Costs Related to Plant Machinery (in US$)
  • Table 10: Ceiling Tile Manufacturing Plant: Raw Material Requirements (in Kg/Day) and Expenditures (in US$/Kg)
  • Table 11: Ceiling Tile Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
  • Table 12: Ceiling Tile Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
  • Table 13: Details of Financial Assistance Offered by Financial Institutions
  • Table 14: Ceiling Tile Manufacturing Plant: Capital Costs (in US$)
  • Table 15: Ceiling Tile Manufacturing Plant: Techno-Economic Parameters
  • Table 16: Ceiling Tile Manufacturing Plant: Income Projections (in US$)
  • Table 17: Ceiling Tile Manufacturing Plant: Expenditure Projections (in US$)
  • Table 18: Ceiling Tile Manufacturing Plant: Taxation (in US$)
  • Table 19: Ceiling Tile Manufacturing Plant: Depreciation (in US$)
  • Table 20: Ceiling Tile Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
  • Table 21: Ceiling Tile Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
  • Table 22: Ceiling Tile Manufacturing Plant: Profit and Loss Account (in US$)