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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 at 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.
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 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:
Amongst these, ceiling tiles are mostly used in the non-residential sector while constructing or renovating cafeterias, hospitals, restaurants and hotels.
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.
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:
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||SAS International, ROCKFON, USG Corporation, Knauf and Odenwald Faserplattenwerk GmbH|
|Customization Scope||10% Free Customization|
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The global ceiling tiles market was valued at US$ 6.52 Billion in 2021.
We expect the global ceiling tiles market to exhibit a CAGR of 4.05% during 2022-2027.
The advent of various technological advancements for simplifying installation process and enhancing
noise absorption quality with optimum finished look to the consumers, is primarily catalyzing the global
ceiling tiles market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations leading to temporary halt in numerous construction activities, thereby
limiting the demand for ceiling tiles.
Based on the product type, the global ceiling tiles market has been segmented into mineral wool,
gypsum, metallic, and others. Among these, mineral wool ceiling tiles currently hold the majority of the
total market share.
Based on the application, the global ceiling tiles market can be categorized into non-residential
applications and residential applications. Currently, the non-residential sector accounts for the largest
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global ceiling tiles market include SAS International, ROCKFON, USG
Corporation, Knauf, Odenwald Faserplattenwerk GmbH, etc.
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