Global Ceiling Tiles Systems Market
Global Paracetamol was valued at US$ 7740 Million in 2021, estimated to reach US$ 11,800 Million in 2027, with a CAGR 5.83% from 2022-2027.
Ceiling panels are also referred as Ceiling tiles, which are thin building materials which is utilised to improve the aesthetics of a room or area. It can be used for a variation of ceiling styles, including suspended, cathedral, domed, vaulted, shed, tray, and coved.
Market Drivers
The global ceiling tile market is anticipated to expand as a result of the increased demand in developing nations including South America, the Middle East, and Asia Pacific. Due to the fast industrialization brought on by economic expansion and significant investments in R&D activities, these markets dominate the demand for ceiling tiles.
The building and infrastructure industries are increasing quickly in these nations as a result of rapid industrialization, which is driving up demand for ceiling tiles. Along with expanding manufacturing operations and industrial bases, the relocation of manufacturers to these areas due to the abundant supply of raw materials and inexpensive labour is also anticipated to drive the need for ceiling tiles.
Market Restraints
Due to their high cost, ceiling tiles are only used in commercial settings. In the majority of emerging economies, including India and Brazil, employing ceiling tiles in residential rooms is quite uncommon because doing so raises the cost of the structure as a whole.
Therefore, a significant barrier impeding the growth of ceiling tiles in residential structures is their expensive cost.
Market Segmentation
Ceiling Tiles Systems Market is segmented into major 4 categories. Based on Application, the market is segmented into Non-residential, Residential, Industrial. Based on Ceiling Type, the market is divided into Speciality Ceiling, Modular Ceiling, Dry Wall Ceiling, Grids and Suspensions. Based on Product, the market is segmented into Soft Fibre Glass Wool, Soft Fiber Stone Wool, Mineral Wool, Metal, Gypsum, Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Based on region Asia-Pacific market dominates the Ceiling Tiles Systems market across the world with robust growth of construction activities, rapid industrialization and a rise in consumer disposable income levels in countries, such as India, China, the Philippines, and Indonesia.
North America accounted for a significant revenue share of the global market in 2021 and expected to have substantial growth in forecast period due to the increased adoption of products from application industries. A technological breakthrough in this area as well as the need for acoustic insulation has played a vital role in the increased adoption of ceiling tiles in the region.
Market Key Players
Some of the key players operating in Global Ceiling Tiles Systems Market are AWI Licensing LLC, USG Corp., Knauf Gips KG, ROCKWOOL International A/S, Odenwald Faserplattenwerk GmbH, Saint-Gobain Gyproc, SAS International, BYUCKSAN, HIL Ltd., Hunter Douglas, KET Ceilings.
Industry development
In June 2018, USG entered into an agreement to be purchased by the German building materials company Knauf. The deal closed in April 2019.
In July 2016, Knauf Vietnam has launched StandardShield, a locally-produced brand of gypsum wallboard made at its plant at Hai Phon. The event was marked with a ceremony for clients and press at Ho Chi Minh City on 8 July 2016.
In March 2022, Hunter Douglas completed the acquisition of 74% of Droma-Sunshade Experts, an exterior sunscreen assembler, with a fast-growing sales presence in Western Europe.
Global Ceiling Tiles Systems Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Ceiling Tiles Systems Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Paracetamol Market, By Application
5.1 Y-o-Y Growth Comparison, By Application
5.2 Ceiling Tiles Systems Market Share Analysis, By Application
5.3 Ceiling Tiles Systems Market Size and Forecast, By Application
5.3.1 Non-residential
5.3.2 Residential
5.3.3 Industrial
6 Paracetamol Market, By Ceiling Type
6.1 Y-o-Y Growth Comparison, By Ceiling Type
6.2 Ceiling Tiles Systems Market Share Analysis, By Ceiling Type
6.3 Ceiling Tiles Systems Market Size and Forecast, By Ceiling Type
6.3.1 Specialty Ceiling
6.3.2 Dry Wall Ceiling
6.3.3 Modular Ceiling
6.3.4 Grids and Suspensions
7 Paracetamol Market, By Product
7.1 Y-o-Y Growth Comparison, By Product
7.2 Ceiling Tiles Systems Market Share Analysis, By Product
7.3 Ceiling Tiles Systems Market Size and Forecast, By Product
7.3.1 Soft Fibre Glass Wool
7.3.2 Soft Fiber Stone Wool
7.3.3 Mineral Wool
7.3.4 Metal
7.3.5 Gypsum,
7.3.6 Others
8 Paracetamol Market, By Region
8.1 Ceiling Tiles Systems Market Share Analysis, By Region
8.2 Ceiling Tiles Systems Market Share Analysis, By Region
8.3 Ceiling Tiles Systems Market Size and Forecast, By Region
9 North America Ceiling Tiles Systems Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Ceiling Tiles Systems Market Share Analysis, By Application
9.3 North America Ceiling Tiles Systems Market Size and Forecast, By Ceiling Type
9.4 North America Ceiling Tiles Systems Market Size and Forecast, By Product
9.5 North America Ceiling Tiles Systems Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Ceiling Tiles Systems Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Ceiling Tiles Systems Market Share Analysis, By Application
10.3 Europe Ceiling Tiles Systems Market Size and Forecast, By Ceiling Type
10.4 Europe Ceiling Tiles Systems Market Size and Forecast, By Product
10.5 Europe Ceiling Tiles Systems Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Ceiling Tiles Systems Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Ceiling Tiles Systems Market Share Analysis, By Application
11.3 Asia Pacific Ceiling Tiles Systems Market Size and Forecast, By Ceiling Type
11.4 Asia Pacific Ceiling Tiles Systems Market Size and Forecast, By Product
11.5 Asia Pacific Ceiling Tiles Systems Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Ceiling Tiles Systems Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Ceiling Tiles Systems Market Share Analysis, By Application
12.3 Latin America Ceiling Tiles Systems Market Size and Forecast, By Ceiling Type
12.4 Latin America Ceiling Tiles Systems Market Size and Forecast, By Product
12.5 Latin America Ceiling Tiles Systems Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Ceiling Tiles Systems Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Ceiling Tiles Systems Market Share Analysis, By Application
13.3 Middle East Ceiling Tiles Systems Market Size and Forecast, By Ceiling Type
13.4 Middle East Ceiling Tiles Systems Market Size and Forecast, By Product
13.5 Middle East Ceiling Tiles Systems Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 AWI Licensing LLC
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 USG Corp.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Knauf Gips KG
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 ROCKWOOL International A/S
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Odenwald Faserplattenwerk GmbH
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Saint-Gobain Gyproc
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 SAS International
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 BYUCKSAN
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 HIL Ltd.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Hunter Douglas
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 KET Ceilings
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
