Global ceiling tiles market is anticipated to grow at a CAGR of 7.9% during the forecast period (2024-2031). Market revenue growth is anticipated to be driven by the expanding global building sector and shifting customer preferences for freshly renovated home options. The developed world has the biggest and continuing increase in panel demand. People are spending more money on home improvement and renovation, so rising per capita income encourages people to upgrade their lifestyles and buy expensive homes. Customers believe that a well-decorated space represents status, thus people have begun to improve various ceiling options to promote positive social stereotypes. People’s decisions to invest in home improvements are significantly influenced by social media.
Additionally, DIY home remodeling projects are frequently promoted on social media as cost-effective, simple to install, low maintenance, and homey alternatives. Ceiling tiles should see an increase in demand as more people get interested in updating their homes with convenient conveniences. The harmonization of construction standards across international borders stands as another robust driving force for the global market. Multinational corporations often have strict quality control guidelines that apply to all of their facilities global. Ceiling tiles, due to their functional and aesthetic versatility, are increasingly becoming a standardized material in such global operations. These tiles meet various safety standards, including fire resistance, as well as environmental guidelines, making them a preferred choice for organizations aiming to maintain uniformity across their global offices. This globalization of standards is beneficial not just for multinational corporations but also for ceiling tile manufacturers, as it broadens their market reach and offers more substantial opportunities for bulk orders. Consequently, the trend toward globalized construction standards is contributing significantly to the market’s sustained growth.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Raw Material
- By Property
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- AWI Licensing LLC, Knauf Digital GmbH, New Ceiling Tiles, LLC., and Saint-Gobain Group, among others.
Ceiling Tiles Market Report Segment
By Raw Material
- Mineral Wool
- Metal
- Gypsum
- Others (Composites, Plastics, and Wood)
By Property
- Acoustic
- Non-Acoustic
By Application
- Residential
- Commercial
- Industrial
- Institutional
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Company Profiles
- BYUCKSAN ENGINEERING GROUP
- CYMAT Technologies Ltd.
- FabriTRAK Systems Inc
- Foshan Ron Building Material Trading Co. Ltd
- Haining Shamrock Import & Export Co. Ltd
- in.
- Hunter Douglas India Pvt Ltd.
- Imerys S.A.
- LATICRETE International, Inc.
- Legacy Cast Stone and Composites LLC
- Mada Gypsum Company.
- OdenwaldFaserplattenwerk GmbH
- Poly Molding LLC
- ROCKWOOL A/S
- SAS International
- Schlüter-Systems KG
- Shandong Huamei Building Materials Co., Ltd.
- Superior Materials Holdings, LLC
- Techno Ceiling Products
- USG Corp.
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