PUBLISHER: Lucintel | PRODUCT CODE: 1387213
PUBLISHER: Lucintel | PRODUCT CODE: 1387213
Ceiling Tiles Trends and Forecast
The future of the global ceiling tiles market looks promising with opportunities in the non-residential and residential markets. The global ceiling tiles market is expected to reach an estimated $13.2 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are significantly growing construction industry, increasing demand for enhancing aesthetic of interior of building and higher adoption of energy-efficient buildings.
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Ceiling Tiles by Segment
The study includes a forecast for the global ceiling tiles by material type, property type, end use, and region.
Ceiling Tiles Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:
Ceiling Tiles Market by Property Type [Shipment Analysis by Value from 2018 to 2030]:
Ceiling Tiles Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
Ceiling Tiles Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Ceiling Tiles Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ceiling tiles companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ceiling tiles companies profiled in this report include-
Ceiling Tiles Market Insights
Lucintel forecasts that mineral fiber will remain the largest segment over the forecast period due to its easy availability and low cost.
Within this market, non residential will remain the larger segment due to high deployment in non-residential buildings, such as gymnasiums, cinema theatres, offices, institutes, and hospitals.
North America will remain the largest region over the forecast period due to growth of building & construction industries and presence of major ceiling tile manufacturers in the region.
Features of the Global Ceiling Tiles Market
Market Size Estimates: Ceiling tiles market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ceiling tiles market size by material type, property type, end use, and region in terms of value ($B).
Regional Analysis: Ceiling tiles market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material types, property types, end uses, and regions for the ceiling tiles market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ceiling tiles market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the ceiling tiles market size?
Answer: The global ceiling tiles market is expected to reach an estimated $13.2 billion by 2030.
Q2. What is the growth forecast for ceiling tiles market?
Answer: The global ceiling tiles market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the ceiling tiles market?
Answer: The major drivers for this market are significantly growing construction industry, increasing demand for enhancing aesthetic of interior of building and higher adoption of energy-efficient buildings.
Q4. What are the major segments for ceiling tiles market?
Answer: The future of the ceiling tiles market looks promising with opportunities in the non-residential and residential markets.
Q5. Who are the key ceiling tiles market companies?
Answer: Some of the key ceiling tiles companies are as follows:
Q6. Which ceiling tiles market segment will be the largest in future?
Answer: Lucintel forecasts that mineral fiber will remain the largest segment over the forecast period due to its easy availability and low cost.
Q7. In ceiling tiles market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growth of building & construction industries and presence of major ceiling tile manufacturers in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.