An Incisive, In-depth Analysis on the Ceiling Tiles Market
This study offers a comprehensive, 360 degree analysis on the Ceiling Tiles market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Ceiling Tiles market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Ceiling Tiles Market Set for Promising Growth, Receives Tailwinds from Construction Industry
Ceiling tiles will witness a surge in sales with the market poised for robust growth at approximately 9.7% CAGR over the forecast period (2019-2029). Having surpassed revenues of US$ 26 Bn in 2018, global ceiling tiles market continues to present a surfeit of opportunities for manufacturers worldwide. On that premise, residential and commercial construction industries remain the key application areas of ceiling tiles.
Moreover, sustainability, aesthetic beauty and cost-effective attributes of ceiling tiles are in great demand, particularly in developed economies. Modern ceiling tiles are equipped with features such as acoustic and thermal insulation material, and moisture and fire resistance. Manufacturers are thus innovating their range of ceiling tiles according to shifting consumer preferences.
Green Retrofit Activities to Fuel Market Growth in North America
Consumers in North America have developed greater sentience for eco-friendly building materials, thereby escalating green retrofit activities in North America. Moreover, major players concentrated in this region are developing recycling technologies to enhance the sustainability of ceiling tiles. North America, thus, will continue to hold a leading share in global ceiling tiles market through 2029.
Moreover, consumers’ predilection for soundproof interiors is promoting the growth of ceiling tiles market in the United States. Their high net worth income is a key contributing factor as well. Additionally, stringent government policies against particulate emissions is soaring the sales of sustainable ceiling tiles in Europe. Germany and the UK hold a substantial chunk of overall market stack in European ceiling tiles market.
On the other hand, India and China are generating an upswing in demand for ceiling tiles in Asia Pacific. Rising net worth income of consumers, accelerating renovation activities and expeditious industrialization are to be attributed for promising growth in the region.
Low Volatile Organic Compounds (VOCs) Emission to Propel Demand of Eco-friendly Ceiling Tiles
On account of rising consumer proclivity for eco-friendly tiles, leading manufacturers are adopting green building standards. Consumers in developed countries increasingly opt for certified ceiling tiles which have low VOCs emission. Hence, key players are accelerating the launch of asbestos-free and low VOC-emitting ceiling tiles.
Demand for ceiling tiles manufactured from naturally-occurring, renewable and copious raw materials is gaining impetus. Durable and innovative ceiling tiles that have low maintenance requirements are favoured by consumers worldwide. Presence of market leaders in developed economies is facilitating the development and sales of eco-friendly ceiling tiles.
Prominent Manufacturers to Remain Focused on Application-specific Product Development
Global ceiling tiles market is highly competitive. Detailed profiles of market leaders are covered in this report including their strategies, key offerings and recent developments. Some of the key players include, Hyderabad Industries Limited (HIL), New Ceiling Tiles, LLC, Decorative Ceiling Tiles, Inc., Armstrong World Industries, Inc., Burgess CEP, and Grenzebach BSH GmbH. Leading manufacturers of ceiling tiles cater to variegated industries.
Leading companies continue to invest in multipronged strategies such as geographical and capacity expansions, agreements and contracts, acquisitions, product development and launches to sustain their market position. Non-residential construction industry continues to be the key strategic focus of market leaders on account of heightened demand.
For instance, Rockfon recently launched ‘Cinema Black’, a new ceiling tile catering to commercial spaces such as restaurants, theatres and auditoriums-. The new tile is designed specifically for live performances, musical shows and filming.
Ceiling Tiles Market Analysis 2019 - 2029
A recent market study published by Future Market Insights on the ceiling tiles market includes global industry analysis for 2014-2018 and opportunity assessment for 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on historic as well as current growth parameters, growth prospects of the ceiling tiles market are obtained with maximum precision.
Ceiling Tiles Market: Segmentation
The global ceiling tiles market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Chapter 01 – Executive Summary
The report begins with an executive summary of the ceiling tiles market, which includes key findings and statistical analysis of the market.
Chapter 02 – Ceiling Tiles Market Overview
Readers can find the definition and detailed taxonomy of the ceiling tiles market in this chapter, which will help them understand the basic information about the market.
Chapter 03 - Global Ceiling Tiles Market Demand Analysis 2014-2018 and Forecast, 2019-2029
This section explains the global market value analysis and forecast for the ceiling tiles market during the forecast period of 2019-2029. This chapter includes a detailed analysis of the historical ceiling tiles market, along with opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019-2029).
Chapter 04 - Global Ceiling Tiles Market - Pricing Analysis
This section covers pricing analysis of the ceiling tiles market at the regional level.
Chapter 05 – Ceiling Tiles Market Background
This section explains the global market value analysis and forecast for the ceiling tiles market during the forecast period of 2019-2029 and the key macroeconomic factors that are expected to influence growth of the ceiling tiles market during the forecast period. This section also highlights the opportunity analysis for the ceiling tiles market. This chapter also provides key market dynamics, which include drivers and restraints. Moreover, readers will understand key trends followed by leading manufacturers in the ceiling tiles market.
Chapter 06 – Global Ceiling Tiles Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Region
This chapter explains how the ceiling tiles market is anticipated to grow across various geographic regions such as North America, Latin America, Asia Pacific, Middle East and Africa (MEA).
Chapter 07 – Global Ceiling Tiles Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Material
Based on Material Type, the ceiling tiles market has been segmented into aluminum, fiber glass, mineral fiber/gypsum, PVC, steel and wood. In this chapter, readers can find information about key trends and developments in the ceiling tiles market and market attractiveness analysis, based on material type.
Chapter 08 – Global Ceiling Tiles Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Application
This chapter provides details about the ceiling tiles market based on application, and has been classified into residential, hospitality, commercial, institutional and industrial. Through this chapter, readers can understand market attractiveness analysis based on application.
Chapter 09 – Global Ceiling Tiles Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Form
This chapter provides details about the ceiling tiles market based on form, and has been classified into laminated, fissured, patterned, plain, textured, and coffered. Through this chapter, readers can understand market attractiveness analysis based on form.
Chapter 10 – Global Ceiling Tiles Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Installation
This chapter provides details about the ceiling tiles market based on installation type, and has been classified into surface mount and drop/suspended. Through this chapter, readers can understand market attractiveness analysis based on installation type.
Chapter 11 – North America Ceiling Tiles Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter includes detailed analysis of the growth of the North America ceiling tiles market, along with country-wise assessment that includes the U.S. and Canada. Readers can also find pricing analysis, regional trends, and market growth based on material type, application, form, installation type and countries in North America.
Chapter 12 – Latin America Ceiling Tiles Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter provides the growth scenario of the ceiling tiles market in countries in Latin American such as Brazil, Mexico, and the rest of Latin America. Along with this, assessment of the market across target segments has also been provided.
Chapter 13 – Europe Ceiling Tiles Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
Important growth prospects of the ceiling tiles market in several countries such as Germany, the U.K., France, Spain, Italy, Russia, and the rest of Europe are included in this chapter.
Chapter 14 – MEA Ceiling Tiles Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter provides information about how the ceiling tiles market is anticipated to grow in major countries in the MEA region such as GCC countries, South Africa, Turkey, Northern Africa, and the rest of MEA during the forecast period.
Chapter 15 – Asia Pacific Ceiling Tiles Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
Leading countries in the Asia Pacific region, which are prime subjects of assessment to obtain growth prospects of the Asia Pacific ceiling tiles market in this chapter. Readers can find detailed information about growth parameters of the Asia Pacific ceiling tiles market during the forecast period.
Chapter 16 – Emerging Countries Ceiling Tiles Market Analysis 2014-2018 and Forecast 2019-2029
This chapter explains how the ceiling tiles market is anticipated to grow across various emerging countries such as China, and India.
Chapter 17 – Market Structure Analysis
In this chapter, readers can find detailed information about tier analysis and market concentration of key players in the ceiling tiles market, along with their market presence analysis by region and product portfolio.
Chapter 18 - Competition Analysis
In this chapter, readers can find detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in this report are Armstrong World Industries, Inc., Burgess CEP, Decorative Ceiling Tiles, Inc., VANS Gypsum Pvt Ltd, New Ceiling Tiles, LLC, Rockfon, Hyderabad Industries Limited (HIL), and Grenzebach BSH GmbH.
Chapter 19 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the ceiling tiles market report.
Chapter 20 – Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the ceiling tiles market. The report focuses on ceiling tiles consumed in the Chemicals & Materials industry.