Market Overview:
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.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- 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:
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- 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
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| 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 |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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$)
Table 22: Ceiling Tile Manufacturing Plant: Profit and Loss Account (in US$)