Ceiling Tiles Market

Ceiling Tiles Industry Outlook

As per rigorous research by ChemView Consulting, our analysts forecast that the global ceiling tiles market will grow at a 4.9% CAGR and will reach a valuation of USD 12,426.2 million during the period of 2023–2033.

Key Findings on the Ceiling Tiles Market

1. Which is the largest market for ceiling tiles?

The biggest market for ceiling tiles is North America. As per our analysis, North America holds nearly 30.8% share of the ceiling tiles market.

2. What is the largest end-use segment within the ceiling tiles market?

As per ChemView Consulting, the largest segment by end-use is commercial. As per our analysis, this segment accounts for nearly 71% of total revenues.

3. At what rate is the ceiling tiles market expected to grow?

The ceiling tiles market is expected to grow at a CAGR of 4.9% during the period 2023–2033.

4. What are the major trends influencing the ceiling tiles market?

• Global Urbanization: Rapid urbanisation and construction activities in emerging regions are driving the expansion of the ceiling tiles market.
• Acoustic Performance: Growing emphasis on noise reduction and improved acoustics in commercial and residential spaces is driving the adoption of acoustic ceiling tiles.

5. Who are the leading players in the ceiling tiles market?

The key companies in the ceiling tiles market are ClearOne, Saint-Gobain’s Gyproc, AWI Licensing LLC, Knauf Gips KG, ROCKWOOL International A/S, Odenwald Faserplattenwerk GmbH, USG Corporation, SAS International, HIL Limited, BYUCKSAN, Hunter Douglas, KET Ceilings, Haining Shamrock Import and Export Co. Ltd, New Ceiling Tiles LLC, Knauf AMF GmbH and Co. KG, Dexune, durlum GmbH, Armstrong Worldwide Industries Inc., India Gypsum Pvt. Ltd., Proland India Pvt.Ltd., Ventev, and Techno Ceiling Products.

Key Drivers for Ceiling Tiles Demand

• The overall growth of the construction industry, particularly in commercial and residential sectors, is a significant driver for the ceiling tiles market. Increased construction activity increases demand for ceiling tiles for both new and renovated buildings.
• In addition, changing architectural and interior design trends are driving demand for innovative and aesthetically stunning ceiling tiles. Designers and homeowners are looking for unique patterns, textures, and colors, thereby boosting the market growth.
• Furthermore, the growing emphasis on energy-efficient building materials and designs has resulted in a demand for ceiling tiles with increased insulation and acoustic properties. Ceiling tiles that aid in the reduction of heating and cooling costs may be in higher demand.

Key Challenges Inhibiting Demand for Ceiling Tiles

• Changing economic conditions, such as changes in interest rates, inflation, and global economic instability, can have an impact on construction projects and, as a result, demand for ceiling tiles.
• Moreover, ceiling tile installation and ongoing maintenance expenditures, including labor and material prices, can be quite costly. This may hinder potential buyers, particularly in cost-sensitive markets or regions with limited development budgets.

Key Challenges and Opportunities for Ceiling Tiles Manufacturers

• Incorporating novel manufacturing technology and automation systems is critical for increasing efficiency and lowering labour costs. Integrating these technologies requires significant spending and expertise, which is expected to harm market growth.
• However, providing training and educational resources to architects, contractors, and installers on the benefits and installation techniques of ceiling tiles will help generate a more educated and loyal client base.

Country/Region-wise Insights

US Ceiling Tiles Market Forecast 

• The growing awareness of the importance of acoustics in interior spaces in the US market is projected to observe significant growth in the estimated period. The US ceiling tiles market is likely to account for a leading share of the global ceiling tiles market.
• In addition, the shift towards sustainable and eco-friendly construction materials has driven manufacturers to develop environmentally friendly ceiling tile solutions, which will help drive market expansion even further.

Europe Ceiling Tiles Market Outlook 

• A growing awareness of the significance of aesthetic and acoustic properties in interior spaces, increasing urbanisation, and renovation projects in Europe are anticipated to drive sales in the market over the assessment period.
• In addition, the adoption of sustainable and energy-efficient construction practices is driving the industry towards eco-friendly ceiling tile solutions, thereby driving market growth.

Japan Ceiling Tiles Market Forecast

• A rising emphasis on improving internal aesthetics and acoustics in buildings has increased the use of advanced ceiling tile materials in Japan, which is anticipated to drive the market over the forecasted period.
• Additionally, the growing awareness regarding the benefits of soundproofing and thermal insulation obtainable by ceiling tiles has propelled their use in modern construction projects.

China and India Ceiling Tiles Market Forecast

• Rapid urbanisation, infrastructure development, and a growing emphasis on interior design in China and India are anticipated to fuel the market over the forecast period.
• In addition, government initiatives promoting sustainable construction practices and the adoption of eco-friendly building materials are further driving the ceiling tiles market growth.

Ceiling Tiles Market Outlook and Forecast by Segmentation

By Material Type

Based on material type, the mineral fiber segment is expected to remain at the forefront of ceiling tiles market share over the assessment period. The growth is mainly because mineral fibre ceiling tiles absorb sound, reduce noise levels, and improve acoustic comfort in settings such as offices, schools, and healthcare institutions. For many clients, this acoustical performance is crucial.

In addition, mineral fibre ceiling tiles are well-known for their high fire resistance. This makes them a popular choice, particularly in commercial and public buildings with severe safety rules.

Furthermore, mineral fibre ceiling tiles are frequently less expensive than alternative materials such as metal or wood. They achieve a balance between performance and cost.

By Installation Type

Based on installation type, the surface-mounted segment is expected to remain at the forefront of ceiling tiles market share over the assessment period. The growth is mainly because surface-mounted tiles can be installed on a variety of ceiling surfaces, including concrete, drywall, and existing ceiling surfaces. They are an adaptable choice for both new construction projects and renovations because of their versatility.

Additionally, surface-mounted tiles are available in a number of materials, including acoustic, gypsum, metal, and PVC. The variety of available materials enables clients to select tiles that satisfy their unique performance and aesthetic needs.

Furthermore, the ease of installation and maintenance, along with the design’s versatility, makes surface-mounted ceiling tiles an affordable option for many consumers. They provide an appealing balance of quality and cost.

By End-use 

Based on end-use, the commercial segment is set to account for 71% of the ceiling tiles market share over the assessment period. The growth is because commercial spaces prioritise aesthetics and design in order to create appealing and functional environments. Ceiling tiles are an important part of interior design, and businesses usually invest in ceiling systems that improve the overall look of their premises. This increases the demand for visually appealing and creative ceiling tile solutions.

Moreover, commercial areas frequently require acoustic control to reduce noise and improve occupant comfort. Acoustic ceiling tiles are in high demand in workplaces, restaurants, conference rooms, and healthcare facilities, contributing to their sustained commercial popularity.

Which Company Owns the Largest Share in the Ceiling Tiles Market?

The key companies in the ceiling tiles market are ClearOne, Saint-Gobain’s Gyproc, AWI Licensing LLC, Knauf Gips KG, ROCKWOOL International A/S, Odenwald Faserplattenwerk GmbH, USG Corporation, SAS International, HIL Limited, BYUCKSAN, Hunter Douglas, KET Ceilings, Haining Shamrock Import and Export Co. Ltd, New Ceiling Tiles LLC, Knauf AMF GmbH and Co. KG, Dexune, durlum GmbH, Armstrong Worldwide Industries Inc., India Gypsum Pvt. Ltd., Proland India Pvt.Ltd., Ventev, and Techno Ceiling Products.

Recent Developments:

• In June 2023, ClearOne, a world leader in conferencing, collaboration, and network streaming solutions, launched the BMA 360D, the most recent addition of the most innovative beamforming microphone array ceiling tile family.
• In January 2023, Ventev, a prominent value-added distributor and producer of wireless solutions, announced the release of new ceiling tile options for the Cisco 9162, 9164, and 9166 Series Access Points.
• In July 2021, Saint-Gobain’s Gyproc division, a market leader in the Indian building construction industry, introduced a new ceiling product called the lightweight Gyprex® L ceiling tile.

As per our analysis, the companies that hold the largest share of the market are

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Knauf Gips KG

Founded in 1932 and with headquarters in Iphofen, Germany, it is one of the world’s major manufacturers of interior design, insulation, and acoustic design ceilings.

Odenwald Faserplattenwerk GmbH

Founded in 1948 and headquartered in Germany, it is a provider of ceiling solutions.

USG Corporation

Established in 1901 with headquarters in Chicago, Illinois, United States, it is a manufacturer of building materials, most notably drywall and joint compounds.

SAS International

Founded in 1968 and located in the United Kingdom, it is a major producer of high-quality metal ceilings and custom architectural metalwork.

Byuksan Corporation  

Founded in 1958 and with headquarters in South Korea, it is the building and construction materials industry.

What Makes this Report More Insightful than Others?

With ChemView Consulting, we’re redefining market research for the next generation. Go beyond traditional analysis and immerse yourself in a holistic exploration of business opportunities. We offer:

Actionable Business Opportunity Assessments: Navigate the business landscape with precise, actionable insights tailored for future growth.

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The future is data-rich and insights-driven, and with ChemView Consulting, you are poised at the forefront. Every report is crafted to inspire, and every insight is designed to catalyze growth. Partner with us, and let’s co-create the future of your business.

Summary

The ceiling tiles market is projected to reach a significant value of US $12,426.2 million by 2033, driven by a robust 4.9% CAGR during the period 2023–2033. Key industry players actively contributing to its growth are ClearOne, Saint-Gobain’s Gyproc, AWI Licensing LLC, Knauf Gips KG, ROCKWOOL International A/S, Odenwald Faserplattenwerk GmbH, USG Corporation, SAS International, HIL Limited, BYUCKSAN, Hunter Douglas, KET Ceilings, Haining Shamrock Import and Export Co. Ltd, New Ceiling Tiles LLC, Knauf AMF GmbH and Co. KG, Dexune, durlum GmbH, Armstrong Worldwide Industries Inc., India Gypsum Pvt. Ltd., Proland India Pvt.Ltd., Ventev, and Techno Ceiling Products. The largest market segment by end-use is commercial, while North America emerges as the dominant region in this market.

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