Summary

Ceiling Tiles Trends and Forecast
The future of the global ceiling tiles market looks promising with opportunities in the non-residential and residential markets. The global ceiling tiles market is expected to reach an estimated $13.2 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are significantly growing construction industry, increasing demand for enhancing aesthetic of interior of building and higher adoption of energy-efficient buildings.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Ceiling Tiles by Segment
The study includes a forecast for the global ceiling tiles by material type, property type, end use, and region.

Ceiling Tiles Market by Material Type [Shipment Analysis by Value from 2018 to 2030]:
• Mineral Fiber
• Metal
• Gypsum
• Others

Ceiling Tiles Market by Property Type [Shipment Analysis by Value from 2018 to 2030]:
• Acoustic
• Non-Acoustic

Ceiling Tiles Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Non-Residential
• Residential

Ceiling Tiles Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Ceiling Tiles Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ceiling tiles companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ceiling tiles companies profiled in this report include-
• Saint-Gobain
• Armstrong World Industries
• Hunter Douglas
• Ket Ceilings
• Aerolite Industries
• Rockfon
• Odenwald Faserplattenwerk

Ceiling Tiles Market Insights
Lucintel forecasts that mineral fiber will remain the largest segment over the forecast period due to its easy availability and low cost.
Within this market, non residential will remain the larger segment due to high deployment in non-residential buildings, such as gymnasiums, cinema theatres, offices, institutes, and hospitals.
North America will remain the largest region over the forecast period due to growth of building & construction industries and presence of major ceiling tile manufacturers in the region.

Features of the Global Ceiling Tiles Market

Market Size Estimates: Ceiling tiles market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ceiling tiles market size by material type, property type, end use, and region in terms of value ($B).
Regional Analysis: Ceiling tiles market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material types, property types, end uses, and regions for the ceiling tiles market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ceiling tiles market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the ceiling tiles market size?
Answer: The global ceiling tiles market is expected to reach an estimated $13.2 billion by 2030.

Q2. What is the growth forecast for ceiling tiles market?
Answer: The global ceiling tiles market is expected to grow with a CAGR of 6.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the ceiling tiles market?
Answer: The major drivers for this market are significantly growing construction industry, increasing demand for enhancing aesthetic of interior of building and higher adoption of energy-efficient buildings.

Q4. What are the major segments for ceiling tiles market?
Answer: The future of the ceiling tiles market looks promising with opportunities in the non-residential and residential markets.

Q5. Who are the key ceiling tiles market companies?
Answer: Some of the key ceiling tiles companies are as follows:
• Saint-Gobain
• Armstrong World Industries
• Hunter Douglas
• Ket Ceilings
• Aerolite Industries
• Rockfon
• Odenwald Faserplattenwerk

Q6. Which ceiling tiles market segment will be the largest in future?
Answer: Lucintel forecasts that mineral fiber will remain the largest segment over the forecast period due to its easy availability and low cost.

Q7. In ceiling tiles market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growth of building & construction industries and presence of major ceiling tile manufacturers in the region.

Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the ceiling tiles market by material type (mineral fiber, metal, gypsum, and others), property type (acoustic and non-acoustic), end use (non-residential and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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