The Global Ceiling Tiles Market Is Forecast to Expand at Close to 10% CAGR During the Forecast Period of 2021 To 2031

Increasing focus on interior and exterior decorations in commercial, industrial, and other industries is pushing the supply-demand curve for ceiling tiles upward across the globe. With exponential growth of the building and construction industry, ceiling tile manufacturers are flourishing due to the rise in requirements. While ceiling tile suppliers have been experiencing surge in demand for laminated ceiling tiles, rapidly increasing demand from the residential, commercial, hospitality, and other sectors is set to further fuel sales over the coming years.
A new study by Fact.MR offers a thorough analysis of the global ceiling tiles market. It also provides the market trends, potential, and demand-supply trajectories around the world, where demand is seen to be high in North America, Europe, and Asia. The report also tracks the impact the COVID-19 pandemic is having on the market, and what projections for the future look like.
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How is Steady Growth in Construction Fuelling Sales of Ceiling Tiles?
With the steadily growing building & construction industry, requirement for ceiling tiles is increasing fast across the globe. As per a report published by the The Construction Association of America, the construction industry is a major contributor to the United States economy, with more than 680,000 employers and with over 7 million employees creating US$ 1.3 trillion worth of structures each year.
According to the European Construction Industry Federation, the Europe construction industry has high potential and will be subject to further growth with the help of various initiatives and partnerships such as The Construction 2050 Alliance and others. The Construction 2050 Alliance is a partnership established in 2020, and made up of 47 European organizations working together to advance the needs and priorities of the construction and built-environment sector in Europe.
Ceiling Tiles Market Segmentation by Category
By Material :
• Aluminum
• Fiber Glass
• Mineral Fiber/Gypsum
• PVC
• Steel
• Wood
• Other Material Types
• Polystyrene
• Urethane
• MDF
• Copper
By Form :
• Laminated
• Fissured
• Patterned
• Plain
• Textured
• Coffered
• Other Forms
• Open Cell
• Fine Ceiling Tiles
By Application :
• Residential
• Hospitality
• Commercial
• Institutional
• Industrial
By Installation :
• Drop/Suspended
• Surface Mounted
By Region :
• North America
• Latin America
• Europe
• Middle East and Africa (MEA)
• East Asia
• South Asia
• Oceania
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Competitive Landscape
The ceiling tiles market is evolving fast, which, in turn, is making the competition fiercer for key players. In order to capitalize on the upcoming opportunities, key market players have started launching a wide variety of products.
For instance:
• Knauf launched its new extensive range of ceiling tiles, such as AQUAPANEL® Cement Board Indoor, KNAUF CLEANEO ACOSTIC, and others, in 2020.
• SAS International launched its new range of ceiling tiles, such as SAS Metal Ceiling Tiles, SAS Open Cell Ceilings, SAS Suspended Timber Ceilings, and others, in 2019.
Key Market Players:
• Armstrong World Industries, Inc.
• Saint-Gobain S.A.
• USG Corporation
• Knauf
• Techno Ceiling Products
• ROCKFON
• Mada Gypsum
• Odenwald Faserplattenwerk GmbH
• SAS International
• New Ceiling Tiles LLC
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Report Summary
The study offers comprehensive analysis on diverse features, including demand, product development, revenue generation, and sales in the ceiling tiles market across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account sales during the forecast period. Price point comparison by region with global average price is also considered in the study.
Key Questions Answered in Report
Which are the most lucrative markets for ceiling tiles?
Which factors will impact the growth of the ceiling tiles market?
How will changing trends impact the strategy of market players?
How can market players capture the low-hanging opportunities across regions?
Which companies are leading the ceiling tiles market?

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