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- India Ceiling Tiles Market
India Ceiling Tiles Market to Grow at 6.3% During 2024-2032, Propelled by Significant Growth in the Construction Industry
May 09, 2022
| Chemical & Materials
The latest report by IMARC Group, titled “India Ceiling Tiles Market Report by Product Type (Gypsum, Mineral Fiber, Metallic, Calcium Silicate, PVC, Wood, and Others), Application (Non-Residential Applications, Residential Applications), and Region 2024-2032,” finds that the India ceiling tiles market is expected to grow at a CAGR of 6.3% during 2024-2032. Ceiling tiles, also known as ceiling panels, are lightweight building materials used to cover ceilings to enhance the interiors of a room or space. They are generally manufactured using various materials, such as metals, mineral fiber, polyvinyl chloride (PVC), wood, clay, gypsum, fiberglass, or thermoformed plastic. They are widely used to improve the aesthetics and acoustics of an enclosed space to absorb sounds, provide fire resistance, and hide electrical or plumbing components. They also offer higher durability, excellent thermal and acoustic insulation, better recyclability, easy installation, and low-cost maintenance and repairs than traditionally used cement-based ceilings. As a result, ceiling tiles are extensively utilized in India for the construction and renovation of residential homes and commercial buildings, including hotels, clubs, offices, schools, hospitals, restaurants, and airports.
India Ceiling Tiles Market Trends:
In India, the significant growth of the construction industry represents the primary factor driving the market. Additionally, the Government of India is focusing on infrastructural development and making heavy investments to upgrade the existing public structures. In line with this, the increasing construction and renovation of residential, commercial, and industrial buildings have augmented the demand for ceiling tiles across the country. Furthermore, the escalating demand for decorative and soundproof ceilings in public spaces, such as multiplexes, shopping malls, business centers, and transport infrastructures, has accelerated the adoption of ceiling tiles. Besides this, the launch of innovative and cost-effective ceiling tiles that offer stylish and luxurious interiors, enhanced noise absorption quality, and a simplified installation process is positively influencing product sale. Moreover, the shifting consumer preferences toward aesthetically appealing false ceiling structures due to the growing western influence, rapid urbanization, and elevating income levels have propelled the market growth. Other factors, including the rising number of modern infrastructure projects, product innovations, and technological advancements in the production process, are also creating a favorable market outlook.
Market Summary:
- Based on the product type, the market has been divided into gypsum, mineral fiber, metallic, calcium silicate, PVC, wood, and others.
- On the basis of the application, the market has been classified into non-residential (private and public sectors) and residential applications.
- Region-wise, the market has been segregated into South India, West and Central India, North India, and East India.
- The competitive landscape of the market has also been examined, with some of the key players being Aerolite Industries Pvt. Ltd., AWI Licensing LLC, Diamond International Inex Private Limited, Everest Industries Limited, Hunter Douglas India Pvt Ltd. (Hunter Douglas N.V.), India Gypsum Pvt. Ltd., Knauf AMF GmbH & Co. KG, Ramco Industries Limited, Saint-Gobain Gyproc India Ltd (Compagnie de Saint-Gobain SA), Techno Ceiling Products, USG Boral Building Products India Pvt. Ltd, VANS Gypsum Pvt. Ltd, and Visaka Industries Limited.
Report Scope:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | INR Crores, Million Square Meters |
| Segment Coverage | Product Type, Application, Region |
| Region Covered | South India, West and Central India, North India, East India |
| Companies Covered | Aerolite Industries Pvt. Ltd., AWI Licensing LLC, Diamond International Inex Private Limited, Everest Industries Limited, Hunter Douglas India Pvt Ltd. (Hunter Douglas N.V.), India Gypsum Pvt. Ltd., Knauf AMF GmbH & Co. KG, Ramco Industries Limited, Saint-Gobain Gyproc India Ltd (Compagnie de Saint-Gobain S.A.), Techno Ceiling Products, USG Boral Building Products India Pvt. Ltd, VANS Gypsum Pvt. Ltd and Visaka Industries Limited |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
| 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) |
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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