PUBLISHER: The Business Research Company | PRODUCT CODE: 1809992
PUBLISHER: The Business Research Company | PRODUCT CODE: 1809992
An acoustic panel is a sound-absorbing structure typically constructed from foam, fabric, or other porous materials, intended to reduce noise and manage sound reflections within a given space. Its main function is to enhance sound quality by minimizing echo and reverberation in settings such as studios, offices, and auditoriums.
The primary types of acoustic panels include wooden acoustic panels, mineral wool acoustic panels, fabric acoustic panels, polyester acoustic panels, and others. Wooden acoustic panels are crafted from wood to absorb sound, reduce echo, and improve acoustic performance while also contributing to the visual appeal of interior spaces. Materials commonly used in acoustic panels include fiberglass, melamine foam, wood, fabric, and composite materials. Design options cover standard panels, custom-designed panels, printed panels, various color selections, and textured finishes. These panels are used across commercial, residential, industrial, transportation, and institutional environments, catering to end users such as architects and interior designers, contractors and builders, homeowners, business owners, educational administrators, and healthcare professionals.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the construction sector, particularly in materials procurement and project costs. Higher duties on imported steel, aluminum, lumber, and machinery have driven up expenses for builders, contractors, and infrastructure developers, leading to increased project bids and delayed timelines. Construction equipment manufacturers face similar challenges, with tariffs on essential components and raw materials inflating production costs and squeezing margins. Additionally, retaliatory tariffs in international markets have curtailed exports of U.S.-made construction equipment and materials, further affecting profitability. The sector must now prioritize local sourcing, modular construction techniques, and supply chain diversification to control costs and ensure project viability amid ongoing trade uncertainties.
The acoustic panel market research report is one of a series of new reports from The Business Research Company that provides acoustic panel market statistics, including acoustic panel industry global market size, regional shares, competitors with a acoustic panel market share, detailed acoustic panel market segments, market trends and opportunities, and any further data you may need to thrive in the acoustic panel industry. This acoustic panel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The acoustic panel market size has grown strongly in recent years. It will grow from $10.00 billion in 2024 to $10.74 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth during the historic period can be attributed to rising urbanization, a surge in home renovation activities, expanded use of acoustic panels in public transit hubs, stricter government regulations on noise control, and the growing popularity of home theater setups.
The acoustic panel market size is expected to see strong growth in the next few years. It will grow to $14.15 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth anticipated in the forecast period can be attributed to the expanding construction industry, rising demand for environmentally friendly products, increasing need for effective noise control solutions, growing demand for soundproofing, and enhanced government initiatives promoting noise regulation and sustainable building practices. Key trends expected during this period include the emergence of smart acoustic panels with Internet of Things (IoT) integration, the development of 3D-printed acoustic panels, the use of nanomaterial-based sound absorbers, advancements in fire-resistant materials, the introduction of antimicrobial acoustic surfaces, and the application of artificial intelligence (AI) for acoustic optimization.
The growth of the construction industry is driving increased demand in the acoustic panel market. This industry encompasses the planning, design, construction, and maintenance of structures across residential, commercial, industrial, and infrastructure segments. The rise in construction activity is largely attributed to ongoing urbanization, as growing populations in cities create greater demand for housing, commercial spaces, and public infrastructure. As modern buildings prioritize both functionality and comfort, acoustic panels are increasingly integrated into designs to control sound in environments such as offices, schools, and homes. These panels contribute to acoustic comfort by offering effective and visually appealing sound-absorbing solutions. For instance, in April 2025, the United States Census Bureau reported that construction spending reached $2,156,495 million in 2024, up from $2,023,662 million in 2023. This surge in construction spending is contributing directly to the expansion of the acoustic panel market.
Leading companies in the acoustic panel sector are focusing on product innovation, including the development of fine-fissured ceiling panels with enhanced sound absorption, to improve acoustic performance and installation efficiency. Fine-fissured ceiling panels feature textured surfaces designed to optimize sound control while maintaining an aesthetically pleasing appearance. In November 2024, Armstrong World Industries (AWI), a US-based building materials manufacturer, introduced School Zone Fine-Fissured Templok Ceiling Panels. These panels combine high sound absorption with a durable, textured surface tailored for educational spaces. The Templok installation system allows for quick and secure placement, reducing labor time and increasing overall efficiency. The panels also meet rigorous acoustic and safety standards, making them suitable for classrooms and other learning environments where noise control is essential.
In March 2022, Kingspan Group, an Ireland-based building materials company, acquired Troldtekt A/S to expand its offering of sustainable acoustic solutions. This acquisition supports Kingspan's goal of integrating environmentally friendly products into its portfolio by leveraging Troldtekt's specialization in natural, wood-based acoustic panels. Troldtekt, based in Denmark, is known for producing eco-conscious acoustic materials, aligning with the growing demand for sustainable building practices and green construction solutions.
Major players in the acoustic panel market are BASF SE, Saint-Gobain S.A., Kingspan Group, Rockwool International A/S, USG Corporation, Knauf Insulation GmbH, Armstrong World Industries, BuzziSpace, BIMobject, Asona Ltd, Audimute, Auralex Acoustics, Fellert Acoustical Ceilings AB, Acoustics First, Envirotech Systems Ltd, Fabricmate, G&S Acoustics, Vicoustic NA, AcustiArt, and Autex Industries Ltd.
North America was the largest region in the acoustic panel market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in acoustic panel report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the acoustic panel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The acoustic panel market consists of sales of acoustic baffles, ceiling acoustic panels, fabric-wrapped panels, foam panels, perforated wooden panels, and polyester fiber panels. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Acoustic Panel Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on acoustic panel market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for acoustic panel ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The acoustic panel market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.