Ceiling Tiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Description

List of Tables

The global ceiling tiles market size reached US$ 6.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.7 Billion by 2028, exhibiting a growth rate (CAGR) of 3.96% during 2023-2028.

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 report, along with forecasts at the global and regional level from 2023-2028. 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 International A/S
USG Corporation
Knauf Gips KG
Odenwald Faserplattenwerk GmbH

Key Questions Answered in This Report:

1. What was the size of the global ceiling tiles market in 2022?
2. What is the expected growth rate of the global ceiling tiles market during 2023-2028?
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: SR1323A231_Report

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 International A/S
14.3 USG Corporation
14.4 Knauf Gips KG
14.5 Odenwald Faserplattenwerk GmbH

Product Code: SR1323A231_Report

List of Figures

Figure 1: Global: Ceiling Tiles Industry: Major Drivers and Challenges
Figure 2: Global: Ceiling Tiles Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Ceiling Tiles Market: Breakup by Region (in %), 2022
Figure 4: Global: Ceiling Tiles Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Ceiling Tiles Market: Breakup by Application (In %), 2022
Figure 6: Global: Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2023-2028
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
Figure 11: North America: Ceiling Tiles Market: Sales Value (in Billion US$), 2017 & 2022
Figure 12: North America: Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 13: Europe: Ceiling Tiles Market: Sales Value (in Billion US$), 2017 & 2022
Figure 14: Europe: Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 15: Asia Pacific: Ceiling Tiles Market: Sales Value (in Billion US$), 2017 & 2022
Figure 16: Asia Pacific: Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 17: Latin America: Ceiling Tiles Market: Sales Value (in Billion US$), 2017 & 2022
Figure 18: Latin America: Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 19: Middle East and Africa: Ceiling Tiles Market: Sales Value (in Billion US$), 2017 & 2022
Figure 20: Middle East and Africa: Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 21: Global: Mineral Wool Ceiling Tiles Market: Sales Value (in Billion US$), 2017 & 2022
Figure 22: Global: Mineral Wool Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 23: Global: Gypsum Ceiling Tiles Market: Sales Value (in Billion US$), 2017 & 2022
Figure 24: Global: Gypsum Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 25: Global: Metallic Ceiling Tiles Market: Sales Value (in Billion US$), 2017 & 2022
Figure 26: Global: Metallic Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 27: Global: Other Ceiling Tiles Market: Sales Value (in Billion US$), 2017 & 2022
Figure 28: Global: Other Ceiling Tiles Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 29: Global: Ceiling Tiles Market (in Non-Residential Applications): Sales Value (in Billion US$), 2017 & 2022
Figure 30: Global: Ceiling Tiles Market Forecast (in Non-Residential Applications): Sales Value (in Billion US$), 2023-2028
Figure 31: Global: Ceiling Tiles Market (in Residential Applications): Sales Value (in Billion US$), 2017 & 2022
Figure 32: Global: Ceiling Tiles Market Forecast (in Residential Applications): Sales Value (in Billion US$), 2023-2028
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, 2022 and 2028
Table 2: Global: Ceiling Tiles Market Forecast: Breakup by Region (in Billion US$), 2023-2028
Table 3: Global: Ceiling Tiles Market Forecast: Breakup by Product Type (in Billion US$), 2023-2028
Table 4: Global: Ceiling Tiles Market Forecast: Breakup by Application (in Billion US$), 2023-2028
Table 5: Global: Ceiling Tiles Market: Competitive Structure
Table 6: Global: Ceiling Tiles Industry: Key Players
Table 7: Ceiling Tile Manufacturing Plant: Costs Related to Land and Site Development (in US$)
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$)

Ceiling Tiles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Description

Table of Contents

List of Tables

Market Drivers:

Key Market Segmentation:

Breakup by Product Type:

Breakup by Application:

Regional Insights:

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:

Key Questions Answered in This Report:

Table of Contents

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Ceiling Tiles Industry

6 Market Performance by Region

7 Market Performance by Product Type

8 Market Performance by Application

9 Competitive Landscape

10 Ceiling Tile Manufacturing Process

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

12 Loans and Financial Assistance

13 Ceiling Tile Manufacturing Plant: Project Economics

14 Key Player Profiles

List of Figures

List of Tables