Global Ceiling Tiles Market Insights Forecasts to 2032

• The Global Ceiling Tiles Market Size was valued at USD 8.7 Billion in 2022.
• The Market is Growing at a CAGR of 8.2% from 2022 to 2032
• The Worldwide Ceiling Tiles Market Size is expected to reach USD 19.13 Billion by 2032
• Asia Pacific is expected To Grow the fastest during the forecast period.

The Global Ceiling Tiles Market Size is expected to reach USD 19.13 Billion by 2032, at a CAGR of 8.20% during the forecast period 2022 to 2032.

Ceiling tiles, commonly referred to as ceiling panels, are lightweight building materials designed to encase ceilings. These ceiling tiles are installed on a steel or aluminium frame that offers significant thermal insulation while also improving the visual appeal and acoustics of interior space. Tiles like these are flexible to alter in terms of size, style, and colour, which makes them a highly sought-after commodity in every aspect of the construction business. They are widely used in commercial, residential, and industrial purposes, and can be found in retail establishments, workplaces, hotels, and hospitals, among other places. Furthermore, current ceiling tiles' technological advancements include environmental sustainability as a main goal, such as energy conservation, reduced raw materials/resources for tile manufacturing, thermal resistance, and recyclable/reused/renewable materials. Moreover, another benefit of ceiling tiles is that the readily removed ceiling panels provide rapid access to the plenum, substantially simplifying maintenance or adjustments. Likewise, with higher disposable income in emerging nations, a growing need for thermal and acoustic insulation, and shifting attitudes among consumers regarding the aesthetics of office and home buildings, the ceiling tiles market is expected to boom significantly.

Driving Factors

The market for ceiling tiles is anticipated to increase at an increased pace during the forecast period due to the expanding construction and infrastructure sectors. Furthermore, expanding commercial development projects such as office complexes, governmental structures, and healthcare institutions are likely to fuel market demand globally. In addition, the adoption of new and green building solutions comprising environmentally friendly materials for surfaces such as floors, ceilings, and walls is likely to boost market trends over the projection period. The growing recognition of the usage of environmentally friendly building components is expected to drive green remodelling or renovation operations in developed economies such as the North American continent and the European continent. Additionally, the region's key companies' increased adoption of reusable and environmentally friendly technologies is likely to boost market expansion throughout the projection period. The growing inclination for thermal insulation, improved visual appeal, and increased financial resources among customers are driving growth in the ceiling tile market.

Restraining Factors        

The complete procedure of manufacturing and installing ceiling tiles and supporting panels is costly. Raw material prices, ceiling design, and skilled installation are only a few of the elements that contribute to the high cost of ceiling tiles. Furthermore, these tiles are readily damaged by molds and water, necessitating frequent replacement. As a result, the expensive nature of ceiling tiles is a major obstacle to accelerating the adoption of the ceiling tiles market.

Market Segmentation

By Type Insights

The acoustic segment is dominating the market with the largest revenue share over the forecast period.

On the basis of type, the global ceiling tiles market is segmented into acoustic and non-acoustic. Among these, the acoustic segment is dominating the market with the largest revenue share of 68.3% over the forecast period. The tendency of ceiling tiles to manage and decrease noise transmission is the primary driver of this segment's growth. Ceiling tiles' acoustic properties have increased substantially over the course of time, with improved noise absorption and dampening. This can occasionally be achieved by installing Sound Attenuation Batts above the panels to assist deaden noises and maintain the surrounding spaces quieter.

By Material Insights

The mineral fiber segment is witnessing significant CAGR growth over the forecast period.

On the basis of material, the global ceiling tiles market is segmented into mineral fiber, metal, gypsum, and others. Among these, the mineral fiber segment is witnessing significant CAGR growth over the forecast period, due to properties such as fire safety, high performance, thermal insulation, and noise reduction. The increased acceptance of mineral fiber ceiling tiles in building assignments, primarily to their better acoustic and aesthetic features, might be credited to the segment's rise. Because of its ease of availability and low cost, mineral fiber is an extremely commonly employed material in the production of ceiling tiles. Furthermore, the better performance characteristics of the products, such as thermal and acoustic insulation, lightweight, and recyclable properties have led to greater mineral fiber sector adoption in the ceiling tiles market.

By End-use Application Insights

The non-residential segment accounted for the largest revenue share of more than 87.2% over the forecast period.

On the basis of end-use application, the global ceiling tiles market is segmented into residential, non-residential, and industrial. Among these, the non-residential segment is dominating the market with the largest revenue share of 87.2% over the forecast period. Ceiling tiles are commonly utilized in retail, hotel, and healthcare businesses, as well as passageways, medical hallways, operating rooms, clinics, and diagnostic centers. These materials are utilized to enhance the general appearance and interior design of non-residential buildings while also providing greater noise and thermal insulation. The increase in construction activity as a result of increased gentrification and government building initiatives is driving demand for ceiling tiles. Furthermore, emerging markets such as China, India, and Brazil are making investments in the expansion of the construction industry, which is driving the growth of the ceiling tile market.

Regional Insights

North America dominates the market with the largest market share over the forecast period.

North America is dominating the market with more than 53.7% market share over the forecast period. This dominance can be due to the growing adoption of products from application sectors, the necessity for acoustic insulation, and technological developments, all of which have played a significant part in the region's greater use of ceiling tiles. Due to high consumer expenditures and shifting buyer habits, as well as expanding alternatives for acoustic and appealing interiors in commercial complexes, the United States accounted for the majority of revenue in the overall market. Residential development, specifically single-family housing, will be a key driver of business expansion over the projection period.

Asia Pacific, on the contrary, is expected to grow the fastest during the forecast period. This region's growth is generally due to financial development and expanding population. Because of the expansion of the commercial sector, most of the people in the region are migrating to big cities and places. This has resulted in a high level of demand for goods for residential as well as commercial applications. Furthermore, the affordability of cutting-edge and green building solutions, simple installation methodologies, the emergence of a widely recognized building sector, and stringent rules on pollutants are driving ceiling tiles market development in the region.

List of Key Market Players

• KET Ceilings
• Georgia-Pacific
• Rockfon
• Knauf Gips KG
• Saint-Gobain S.A.
• SAS International
• Armstrong World Industries, Inc.
• Aerolite Industries Pvt. Ltd.
• Odenwald Faserplattenwerk GmbH
• Hunter Douglas
• ROCKWOOL International A/S
• BYUCKSAN
• USG Corporation

Key Market Developments

• On January 2021, Saint-Gobain India – Gyproc has opened its first ceiling tile manufacturing factory in India. The unit, which spans over 21,000 square feet, is strategically placed to service the gypsum ceiling tile industry in India, reducing carbon footprint and turnaround time for material supply.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Ceiling Tiles Market based on the below-mentioned segments:

Ceiling Tiles Market, Type Analysis

• Acoustic
• Non-Acoustic

Ceiling Tiles Market, Material Analysis

• Mineral Fiber
• Metal
• Gypsum
• Others

Ceiling Tiles Market, End-use Application Analysis

• Residential
• Non-Residential
• Industrial

Ceiling Tiles Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa