Ceiling Tiles Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2019 - 2024

Report Code: CMR 10117 Report Format: PDF + Excel (Delivery in 48 Hrs)
Overview

Ceiling Tiles Market is forecast to reach $10.34 billion by 2025, after growing at a CAGR of 10% during 2020-2025. The ceiling tiles market is driven by extensive building and construction activities. The other mega trend which is transforming the building and construction industry is the population outbreak in the urban areas who need affordable housing. 

Key Takeaways
  • Asia-Pacific dominates the ceiling tiles market owing to strong construction activities in the region with emerging markets such as China, India, and Malaysia. 
  • Suspended Acoustic Ceiling types of system is versatile, durable, and cost effective. Acoustic ceiling tiles are popular ceiling material that now has a wide variety of aesthetic options. 
  • The metal works and wood works ceiling system is further strengthening the ceiling tiles industry. As both the tiles system offers excellent finish, fire resistance, as well as sound performance. 
Type- Segment Analysis

Mineral Fiber Ceiling held the largest share in the ceiling tiles market in 2019. The mineral fiber ceiling tiles offers advantages such as sound insulation, durability, resistance to fire and light reflectance. They are extensively used in non-residential buildings such as offices, hospitals, retail stores and others. The joint venture, R&D, and product launches will strengthen the mineral fiber ceiling tiles market. Rockfon North America, has entered into an agreement with Geometrik Manufacturing Inc. to sell and market its portfolio of product and systems in the United States.
 
Property – Segment Analysis

The acoustic ceiling tiles are used for sound control and noise reduction. The acoustic ceiling tiles have three categories such as sound absorbing, sound blocking, and sound diffusing ceiling tiles. The soundproofing tiles manage noise control in large or small areas to keep acoustics in balance for occupant comfort. High density fiber glass board, substrates like acoustical foam and polyester are used as primary material for manufacturing of acoustic ceiling tiles. Further, the R&D by manufacturers will boost the acoustic ceiling tiles market with introduction of advanced acoustic ceiling tile products. CertainTeed Ceilings has opened R&D facility in Kulpsville, Pa.to offer high performance acoustic ceilings products.  

Application - Segment Analysis

Non-Residential has been the primary market for ceiling tiles. According to Oxford Economics the construction output in terms of volume will grow by 85% globally by 2030. China, U.S, and India leading the path and accounting for 57% of overall growth. In a report published by U.S Census Bureau 2019, Construction spending during September 2019 was estimated to be around $1,293.6 billion which grew by 0.5 percent compared to the previous month. The spending on private construction was$961.7 billion in the month of September 2019. Whereas the spending on public construction was $331.9 billion, up by 1.5 percent than previous month. In China the construction industry will have a stable growth in next five years. Non-residential will experience stable growth with improvement, investment and focus from government and private bodies into infrastructure sector. 

Geography- Segment Analysis

APAC dominated the ceiling tiles market with a share of more than 38%,followed by North America and Europe. In the developing region such as APAC, the expansion of construction industry contributes into the growth of ceiling tiles market. The Asia Pacific construction industry is worth $4.95 trillion (excluding India) and is expected to reach $5.45 trillion by 2021 according to ENG Cranes. The healthy economic growth in APAC had risen the construction activities in the region. 

By 2020, one half of global construction spending is expected to come from APAC countries with China, Indonesia, Japan, South Korea, and Malaysia are exhibiting the highest growth potential. India is expected to grow at twice the rate of China over the next decade especially into infrastructure sector where government is investing approximately $376.5 billion over the next three years. Japan’s residential and infrastructure construction accounts for 28 to 33 percent of construction activities. Further, the construction activity is expected to rise in next few years because of upcoming Olympic Games. 

Drivers –Ceiling Tiles Market
  • Innovative biodegradable Gypsum tiles 
Biodegradable bagasse gypsum ceiling tiles have much higher flexural strength, better resistance to moisture and similar flammability compared to commercially used gypsum based ceiling tiles. The bio-based renewable material such as bamboo and coir are being incorporated for indoor and outdoor applications. The option to recycle gypsum board is widely available but the major problem associated with it is the anaerobic decomposition of gypsum can produce harmful gasses such as hydrogen sulfide. Whereas the Biodegradable bagasse gypsum has the properties to overcome the harmful effects associated with conventional gypsum board. 
  • Functional Innovations in Ceiling tiles
The manufacturers are improving the functionality of ceiling tiles apart from its aesthetic appeal. The ceiling grid system that can carry low-voltage electrical current can be employed into the ceiling tiles with high functionality. 

Challenges – Ceiling Tiles Market
  • Environmental element impact on ceiling tiles. 
Despite of having perfect ceiling tile type for space needs, tiles faces some impact subject to the environment. Most acoustical ceiling panels are designed for use in the normal occupancy temperature range and a maximum relative humidity of 70%. However, humidity and temperatures impact on tiles and exceeds the relative humidity ranges. The environmental impact can be overcome with humidity resistant panels specifically designed to withstand higher humidity levels to minimize sagging.

Market Landscape

Technology launches,acquisitions and R&D activities are key strategies adopted by players in the ceiling tiles market. In 2019, the market of ceiling tiles has been consolidated by the top five players accounting for xx% of the share. Major players in the ceiling tiles Market are SAS International, ROCKFON, USG Corporation, and Odenwald Faserplattenwerk GmbH,among others. 

Acquisitions/Technology Launches
  • In August 2019, Aurelius Equity Opportunities SE & Co. has signed a deal to buy Armstrong Ceiling tiles from Knauf International GmbH. The deal consist two production facilities situated in Team Valley/UK and business operations and sales capabilities across eleven markets.
1. Ceiling Tiles Market - Overview
        1.1 Definitions and Scope
2. Ceiling Tiles Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Ceiling Tiles Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Ceiling Tiles Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Ceiling Tiles Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Ceiling Tiles Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Ceiling Tiles Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Ceiling Tiles Market - By Product Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Ceiling Tiles Market - By Type (Market Size -$Million / $Billion)
        9.1 Ceiling Tiles Market By Material Type
            9.1.1 Mineral Fiber Ceiling Tiles
            9.1.2 Metal Ceiling Tiles
            9.1.3 Gypsum Ceiling Tiles
            9.1.4 Other Ceiling Tiles
                 9.1.4.1 Wood Ceiling Tiles
                 9.1.4.2 Composite Ceiling Tiles
                 9.1.4.3 Plastic Ceiling Tiles
10. Ceiling Tiles Market By Property Type
        10.1 Introduction
        10.2 Acoustic Ceiling Tiles
        10.3 Non-Acoustic Ceiling Tiles
11. Ceiling Tiles - By Application Type (Market Size -$Million / $Billion)
        11.1 Segment type Size and Market Share Analysis
        11.2 Application Revenue and Trends by type of Application
        11.3 Application Segment Analysis by Type
12. Ceiling Tiles – By End Use Industry (Market Size -$Million / $Billion)
        12.1 Segment type Size and Market Share Analysis
        12.2 Application Revenue and Trends by type of Application
        12.3 Application Segment Analysis by Type
        12.4 Introduction
        12.5 Non-Residential
            12.5.1 Institutions
            12.5.2 Hospitals
            12.5.3 Offices
        12.6 Residential
13. Ceiling Tiles- By Geography (Market Size -$Million / $Billion)
        13.1 Ceiling Tiles Market - North America Segment Research
        13.2 North America Market Research (Million / $Billion)
            13.2.1 Segment type Size and Market Size Analysis
            13.2.2 Revenue and Trends
            13.2.3 Application Revenue and Trends by type of Application
            13.2.4 Company Revenue and Product Analysis
            13.2.5 North America Product type and Application Market Size
                  13.2.5.1 U.S
                  13.2.5.2 Canada
                  13.2.5.3 Mexico
                  13.2.5.4 Rest of North America
        13.3 Ceiling Tiles- South America Segment Research
        13.4 South America Market Research (Market Size -$Million / $Billion)
            13.4.1 Segment type Size and Market Size Analysis
            13.4.2 Revenue and Trends
            13.4.3 Application Revenue and Trends by type of Application
            13.4.4 Company Revenue and Product Analysis
            13.4.5 South America Product type and Application Market Size
                  13.4.5.1 Brazil
                  13.4.5.2 Venezuela
                  13.4.5.3 Argentina
                  13.4.5.4 Ecuador
                  13.4.5.5 Peru
                  13.4.5.6 Colombia
                  13.4.5.7 Costa Rica
                  13.4.5.8 Rest of South America
        13.5 Ceiling Tiles- Europe Segment Research
        13.6 Europe Market Research (Market Size -$Million / $Billion)
            13.6.1 Segment type Size and Market Size Analysis
            13.6.2 Revenue and Trends
            13.6.3 Application Revenue and Trends by type of Application
            13.6.4 Company Revenue and Product Analysis
            13.6.5 Europe Segment Product type and Application Market Size
                  13.6.5.1 U.K
                  13.6.5.2 Germany
                  13.6.5.3 Italy
                  13.6.5.4 France
                  13.6.5.5 Netherlands
                  13.6.5.6 Belgium
                  13.6.5.7 Denmark
                  13.6.5.8 Spain
                  13.6.5.9 Rest of Europe
        13.7 Ceiling Tiles - APAC Segment Research
        13.8 APAC Market Research (Market Size -$Million / $Billion)
            13.8.1 Segment type Size and Market Size Analysis
            13.8.2 Revenue and Trends
            13.8.3 Application Revenue and Trends by type of Application
            13.8.4 Company Revenue and Product Analysis
            13.8.5 APAC Segment - Product type and Application Market Size
                  13.8.5.1 China
                  13.8.5.2 Australia
                  13.8.5.3 Japan
                  13.8.5.4 South Korea
                  13.8.5.5 India
                  13.8.5.6 Taiwan
                  13.8.5.7 Malaysia
                  13.8.5.8 Hong kong
                  13.8.5.9 Rest of APAC
        13.9 Ceiling Tiles - Middle East Segment and Africa Segment Research
        13.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            13.10.1 Segment type Size and Market Size Analysis
            13.10.2 Revenue and Trend Analysis
            13.10.3 Application Revenue and Trends by type of Application
            13.10.4 Company Revenue and Product Analysis
            13.10.5 Middle East Segment Product type and Application Market Size
                  13.10.5.1 Israel
                  13.10.5.2 Saudi Arabia
                  13.10.5.3 UAE
            13.10.6 Africa Segment Analysis
                  13.10.6.1 South Africa
                  13.10.6.2 Rest of Middle East & Africa
14. Ceiling Tiles Market - Entropy
        14.1 New product launches
        14.2 M&A s, collaborations, JVs and partnerships
15. Ceiling Tiles Market - Industry / Segment Competition landscape Premium
        15.1 Market Share Analysis
            15.1.1 Market Share by Country- Top companies
            15.1.2 Market Share by Region- Top 10 companies
            15.1.3 Market Share by type of Application - Top 10 companies
            15.1.4 Market Share by type of Product / Product category- Top 10 companies
            15.1.5 Market Share at global level - Top 10 companies
            15.1.6 Best Practises for companies
16. Ceiling Tiles Market - Key Company List by Country Premium
17. Ceiling Tiles Market Company Analysis

        17.1 Market Share, Company Revenue, Products, M&A, Developments
        17.2 Acoustic Ceiling Products, Llc.
        17.3 Acoustigreen
        17.4 Armstrong World Industries, Inc.
        17.5 Burgess Cep
        17.6 Byucksan Corporation
        17.7 Ceilume
        17.8 Certainteed
        17.9 Georgia-Pacific
        17.10 Hil Limited
        17.11 Hunter Douglas
        17.12 Knauf
        17.13 Mada Gypsum
        17.14 Odenwald Faserplattenwerk GmbH
        17.15 Renhurst Ceilings Pty Ltd
        17.16 Rockfon
        17.17 Saint-Gobain Gyproc
        17.18 SAS International
        17.19 Shandong Huamei Building Materials Co., Ltd
        17.20 Techno Ceiling Products
        17.21 USG Corporation
        17.22 Company 22
        17.23 Company 23 & More
*Financials would be provided on a best efforts basis for private companies
18. Ceiling Tiles Market - Appendix

        18.1 Abbreviations
        18.2 Sources
19. Ceiling Tiles Market - Methodology
        19.1 Research Methodology
            19.1.1 Company Expert Interviews
            19.1.2 Industry Databases
            19.1.3 Associations
            19.1.4 Company News
            19.1.5 Company Annual Reports
            19.1.6 Application Trends
            19.1.7 New Products and Product database
            19.1.8 Company Transcripts
            19.1.9 R&D Trends
            19.1.10 Key Opinion Leaders Interviews
            19.1.11 Supply and Demand Trends   

LIST OF TABLES

1.Global Ceiling Tiles Market By Material Type Market 2019-2024 ($M)
1.1 Mineral Fiber Ceiling Tiles Market 2019-2024 ($M) - Global Industry Research
1.2 Metal Ceiling Tiles Market 2019-2024 ($M) - Global Industry Research
1.3 Gypsum Ceiling Tiles Market 2019-2024 ($M) - Global Industry Research
2.Global Ceiling Tiles Market By Property Type Market 2019-2024 ($M)
2.1 Acoustic Ceiling Tiles Market 2019-2024 ($M) - Global Industry Research
2.2 Non-Acoustic Ceiling Tiles Market 2019-2024 ($M) - Global Industry Research
3.Global Ceiling Tiles Market By End User Market 2019-2024 ($M)
3.1 Non-Residential Market 2019-2024 ($M) - Global Industry Research
3.1.1 Institutions Market 2019-2024 ($M)
3.1.2 Hospitals Market 2019-2024 ($M)
3.1.3 Offices Market 2019-2024 ($M)
3.2 Residential Market 2019-2024 ($M) - Global Industry Research
4.Global Ceiling Tiles Market By Material Type Market 2019-2024 (Volume/Units)
4.1 Mineral Fiber Ceiling Tiles Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Metal Ceiling Tiles Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Gypsum Ceiling Tiles Market 2019-2024 (Volume/Units) - Global Industry Research
5.Global Ceiling Tiles Market By Property Type Market 2019-2024 (Volume/Units)
5.1 Acoustic Ceiling Tiles Market 2019-2024 (Volume/Units) - Global Industry Research
5.2 Non-Acoustic Ceiling Tiles Market 2019-2024 (Volume/Units) - Global Industry Research
6.Global Ceiling Tiles Market By End User Market 2019-2024 (Volume/Units)
6.1 Non-Residential Market 2019-2024 (Volume/Units) - Global Industry Research
6.1.1 Institutions Market 2019-2024 (Volume/Units)
6.1.2 Hospitals Market 2019-2024 (Volume/Units)
6.1.3 Offices Market 2019-2024 (Volume/Units)
6.2 Residential Market 2019-2024 (Volume/Units) - Global Industry Research
7.North America Ceiling Tiles Market By Material Type Market 2019-2024 ($M)
7.1 Mineral Fiber Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
7.2 Metal Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
7.3 Gypsum Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
8.North America Ceiling Tiles Market By Property Type Market 2019-2024 ($M)
8.1 Acoustic Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
8.2 Non-Acoustic Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
9.North America Ceiling Tiles Market By End User Market 2019-2024 ($M)
9.1 Non-Residential Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Institutions Market 2019-2024 ($M)
9.1.2 Hospitals Market 2019-2024 ($M)
9.1.3 Offices Market 2019-2024 ($M)
9.2 Residential Market 2019-2024 ($M) - Regional Industry Research
10.South America Ceiling Tiles Market By Material Type Market 2019-2024 ($M)
10.1 Mineral Fiber Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
10.2 Metal Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
10.3 Gypsum Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
11.South America Ceiling Tiles Market By Property Type Market 2019-2024 ($M)
11.1 Acoustic Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
11.2 Non-Acoustic Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
12.South America Ceiling Tiles Market By End User Market 2019-2024 ($M)
12.1 Non-Residential Market 2019-2024 ($M) - Regional Industry Research
12.1.1 Institutions Market 2019-2024 ($M)
12.1.2 Hospitals Market 2019-2024 ($M)
12.1.3 Offices Market 2019-2024 ($M)
12.2 Residential Market 2019-2024 ($M) - Regional Industry Research
13.Europe Ceiling Tiles Market By Material Type Market 2019-2024 ($M)
13.1 Mineral Fiber Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
13.2 Metal Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
13.3 Gypsum Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
14.Europe Ceiling Tiles Market By Property Type Market 2019-2024 ($M)
14.1 Acoustic Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
14.2 Non-Acoustic Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
15.Europe Ceiling Tiles Market By End User Market 2019-2024 ($M)
15.1 Non-Residential Market 2019-2024 ($M) - Regional Industry Research
15.1.1 Institutions Market 2019-2024 ($M)
15.1.2 Hospitals Market 2019-2024 ($M)
15.1.3 Offices Market 2019-2024 ($M)
15.2 Residential Market 2019-2024 ($M) - Regional Industry Research
16.APAC Ceiling Tiles Market By Material Type Market 2019-2024 ($M)
16.1 Mineral Fiber Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
16.2 Metal Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
16.3 Gypsum Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
17.APAC Ceiling Tiles Market By Property Type Market 2019-2024 ($M)
17.1 Acoustic Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
17.2 Non-Acoustic Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
18.APAC Ceiling Tiles Market By End User Market 2019-2024 ($M)
18.1 Non-Residential Market 2019-2024 ($M) - Regional Industry Research
18.1.1 Institutions Market 2019-2024 ($M)
18.1.2 Hospitals Market 2019-2024 ($M)
18.1.3 Offices Market 2019-2024 ($M)
18.2 Residential Market 2019-2024 ($M) - Regional Industry Research
19.MENA Ceiling Tiles Market By Material Type Market 2019-2024 ($M)
19.1 Mineral Fiber Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
19.2 Metal Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
19.3 Gypsum Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
20.MENA Ceiling Tiles Market By Property Type Market 2019-2024 ($M)
20.1 Acoustic Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
20.2 Non-Acoustic Ceiling Tiles Market 2019-2024 ($M) - Regional Industry Research
21.MENA Ceiling Tiles Market By End User Market 2019-2024 ($M)
21.1 Non-Residential Market 2019-2024 ($M) - Regional Industry Research
21.1.1 Institutions Market 2019-2024 ($M)
21.1.2 Hospitals Market 2019-2024 ($M)
21.1.3 Offices Market 2019-2024 ($M)
21.2 Residential Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Ceiling Tiles Market Revenue, 2019-2024 ($M)
2.Canada Ceiling Tiles Market Revenue, 2019-2024 ($M)
3.Mexico Ceiling Tiles Market Revenue, 2019-2024 ($M)
4.Brazil Ceiling Tiles Market Revenue, 2019-2024 ($M)
5.Argentina Ceiling Tiles Market Revenue, 2019-2024 ($M)
6.Peru Ceiling Tiles Market Revenue, 2019-2024 ($M)
7.Colombia Ceiling Tiles Market Revenue, 2019-2024 ($M)
8.Chile Ceiling Tiles Market Revenue, 2019-2024 ($M)
9.Rest of South America Ceiling Tiles Market Revenue, 2019-2024 ($M)
10.UK Ceiling Tiles Market Revenue, 2019-2024 ($M)
11.Germany Ceiling Tiles Market Revenue, 2019-2024 ($M)
12.France Ceiling Tiles Market Revenue, 2019-2024 ($M)
13.Italy Ceiling Tiles Market Revenue, 2019-2024 ($M)
14.Spain Ceiling Tiles Market Revenue, 2019-2024 ($M)
15.Rest of Europe Ceiling Tiles Market Revenue, 2019-2024 ($M)
16.China Ceiling Tiles Market Revenue, 2019-2024 ($M)
17.India Ceiling Tiles Market Revenue, 2019-2024 ($M)
18.Japan Ceiling Tiles Market Revenue, 2019-2024 ($M)
19.South Korea Ceiling Tiles Market Revenue, 2019-2024 ($M)
20.South Africa Ceiling Tiles Market Revenue, 2019-2024 ($M)
21.North America Ceiling Tiles By Application
22.South America Ceiling Tiles By Application
23.Europe Ceiling Tiles By Application
24.APAC Ceiling Tiles By Application
25.MENA Ceiling Tiles By Application
26.SAS International, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.USG Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Hunter Douglas, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Certainteed, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Saint-Gobain Gyproc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Rockfon, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Odenwald Faserplattenwerk GmbH, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Knauf, Sales /Revenue, 2015-2018 ($Mn/$Bn)