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Global Ceiling Tiles Market to reach USD 59.81 billion by 2027

Global Ceiling Tiles Market Size study, By Material (Aluminum, Fiber Glass, Poly Vinyl Chloride (PVC), Mineral Fiber/Gypsum, Wood, Steel) By Application (Residential, Commercial, Hospitality, Industrial, Institutional) By Form (Laminated, Fissured, Patterned, Plain, Textured, Coffered) and Regional Forecasts 2020-2027

Product Code: OIRBAC_12063579
Publish Date: 1-10-2020
Page: 200

Global Ceiling Tiles Market is valued approximately at USD 28.52 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 9.7% over the forecast period 2020-2027. Ceiling tiles are also referred to as ceiling panel. These are lightweight building materials for ceiling coverage. Ceiling tiles are commonly used for interior decoration of rooms and for noise reduction purposes. Their excellent performance characteristics and demand for ceiling tiles have been improved by materials such as acoustic and thermal insulation, recyclability and light weight. Further the reinvigorated construction industry is experiencing a growth of the construction in residential, commercial and industrial sectors, both in the developing and the more developed areas, which is in turn enhancing the growth of the ceiling tiles market. In addition, technological advances have helped manufacturers to simplify the installation process that ensures perfect alignment and optimal finishing for end users. For Instance Increasing demand for a product with changing consumer lifestyles, increasing disposable income and demand for thermal and acoustic insulation is expected to drive growth in the application industries. Moreover, the availability of innovative construction solutions that are durable and require low maintenance is expected to have a positive impact on growth. In addition, as a result of growing expenditure on renovation and repair activities in the housing sector, the residential sector is also projected to achieve greater growth in the future. Also as per statista, In 2020, the average budget for home improvements among young people between 18 and 24 years in France was 601 euros. That year, the age group that was ready to spend the most on home renovations was people between 35 and 49 years with an average budget of 4,007 euros. This will fuel the Global Ceiling Tiles Market. However, High prices for raw material impedes the growth of the market over the forecast period of 2020-2027. Also, it is anticipated that the availability of creative construction solutions that are reliable and require low maintenance would create Opportunity for Ceiling Tiles market.

The regional analysis of global Ceiling Tiles market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the Technological developments in the field, along with the region’s growing demand for acoustic insulation. Also Due to changing customer tastes towards innovative construction materials coupled with a growing need for soundproof and decorative interiors in the commercial sector, the U.S. has registered itself as the main country. Whereas, Europe is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the availability of easy installation solutions, the existence of an existing construction sector and robust government policies on particulate emissions.
Major market player included in this report are:
Armstrong World Industries
USG Corporation
Hunter Douglas
SAS International
Odenwald Faserplattenwerk GmbH
Saint-Gobain Gyproc
Georgia-Pacific (US)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material:
Fiber Glass
Poly Vinyl Chloride (PVC)
Mineral Fiber/Gypsum
By Application:
By Form:
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Ceiling Tiles Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Ceiling Tiles Market, by Region, 2018-2027 (USD Billion)
1.2.2. Ceiling Tiles Market, by Material, 2018-2027 (USD Billion)
1.2.3. Ceiling Tiles Market, by Application, 2018-2027 (USD Billion)
1.2.4. Ceiling Tiles Market, by Form, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Ceiling Tiles Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Ceiling Tiles Market Dynamics
3.1. Ceiling Tiles Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Ceiling Tiles Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Ceiling Tiles Market, by Material
5.1. Market Snapshot
5.2. Global Ceiling Tiles Market by Material, Performance – Potential Analysis
5.3. Global Ceiling Tiles Market Estimates & Forecasts by Material 2017-2027 (USD Billion)
5.4. Ceiling Tiles Market, Sub Segment Analysis
5.4.1. Aluminium
5.4.2. Fiber Glass
5.4.3. Poly Vinyl Chloride (PVC)
5.4.4. Mineral Fiber/Gypsum
5.4.5. Wood
5.4.6. Steel
Chapter 6. Global Ceiling Tiles Market, by Application
6.1. Market Snapshot
6.2. Global Ceiling Tiles Market by Application, Performance – Potential Analysis
6.3. Global Ceiling Tiles Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Ceiling Tiles Market, Sub Segment Analysis
6.4.1. Residential
6.4.2. Commercial
6.4.3. Hospitality
6.4.4. Industrial
Chapter 7. Global Ceiling Tiles Market, by Form
7.1. Market Snapshot
7.2. Global Ceiling Tiles Market by Form, Performance – Potential Analysis
7.3. Global Ceiling Tiles Market Estimates & Forecasts by Form 2017-2027 (USD Billion)
7.4. Ceiling Tiles Market, Sub Segment Analysis
7.4.1. Laminated
7.4.2. Fissured
7.4.3. Patterned
7.4.4. Plain
7.4.5. Textured
7.4.6. Coffered
Chapter 8. Global Ceiling Tiles Market, Regional Analysis
8.1. Ceiling Tiles Market, Regional Market Snapshot
8.2. North America Ceiling Tiles Market
8.2.1. U.S. Ceiling Tiles Market Material breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027 Form breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Ceiling Tiles Market
8.3. Europe Ceiling Tiles Market Snapshot
8.3.1. U.K. Ceiling Tiles Market
8.3.2. Germany Ceiling Tiles Market
8.3.3. France Ceiling Tiles Market
8.3.4. Spain Ceiling Tiles Market
8.3.5. Italy Ceiling Tiles Market
8.3.6. Rest of Europe Ceiling Tiles Market
8.4. Asia-Pacific Ceiling Tiles Market Snapshot
8.4.1. China Ceiling Tiles Market
8.4.2. India Ceiling Tiles Market
8.4.3. Japan Ceiling Tiles Market
8.4.4. Australia Ceiling Tiles Market
8.4.5. South Korea Ceiling Tiles Market
8.4.6. Rest of Asia Pacific Ceiling Tiles Market
8.5. Latin America Ceiling Tiles Market Snapshot
8.5.1. Brazil Ceiling Tiles Market
8.5.2. Mexico Ceiling Tiles Market
8.6. Rest of The World Ceiling Tiles Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Armstrong World Industries Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. USG Corporation
9.2.3. Hunter Douglas
9.2.4. SAS International
9.2.5. CertainTeed
9.2.6. Rockfon
9.2.7. Odenwald Faserplattenwerk GmbH
9.2.8. Knauf
9.2.9. Saint-Gobain Gyproc
9.2.10. Georgia-Pacific (US)
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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