Ceiling Tiles Industry Overview

The global ceiling tiles market size was estimated at USD 6.82 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2023 to 2030.

The growth is expected to be driven by rising commercial construction activities like office complexes, institutional buildings, and healthcare facilities across the world. The market is likely to grow substantially with increasing disposable income in emerging economies, increasing demand for thermal and acoustic insulation, and changing consumer behavior toward the aesthetics of office and home buildings. In addition, the usage of innovative and sustainable construction solutions involving eco-friendly materials for floors, ceilings, and walls, is expected to benefit the market dynamics over the forecast period. The ceiling tiles are manufactured using various raw materials such as metals, mineral fiber, fiberglass, gypsum, wood, and plastic. Some of them have harmful effects on the environment which acts as a restraint in the growth of the ceiling tiles industry. For instance, fiberglass is mainly produced using formaldehyde binders. These formaldehyde binders lead to health hazards when microfibers fall while removing installations of fiberglass ceiling tiles.

Gather more insights about the market drivers, restrains and growth of the Ceiling Tiles Market

The recovery of the construction industry in the U.S. has a positive impact on product demand with increasing commercial construction projects in the country. In addition, changing consumer behavior along with increasing alternatives for soundproof and decorative interiors in commercial complexes is expected to promote the growth of the mineral wool segment in the country.

The market illustrates the strong presence of various raw material suppliers that are engaged in offering metals, mineral fiber, fiberglass, gypsum, wood, and plastics. In addition, there exists a significant level of backward integration where the manufacturers are the prominent raw material producers thereby lowering the bargaining power of the suppliers.

The rising adoption of environmentally friendly tiles that are certified as per the green building standards for emitting low VOCs is expected to influence the use of conventional products over the forecast period. Prominent producers of the product are enhancing their product portfolio by launching low-VOC emitting and asbestos-free product lines in the market.

The rising awareness regarding the use of eco-friendly building materials is estimated to propel the green retrofit or renovation activities of existing constructions in developed economies from North America and Europe. In addition, the increasing adoption of recyclable and reusable technologies by major players in the region is expected to drive market growth over the forecast period.

The ceiling tiles industry is dynamic and competitive in nature. Investments, new product development, and regional expansion are the key strategies adopted by various players to strengthen their presence in the market. However, fluctuations in raw material prices are expected to emerge as a key concern for the market players.

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

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Ceiling Tiles Market Segmentation

Grand View Research has segmented the global ceiling tiles market report based on product, application, and region:

Ceiling Tiles Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2018 - 2030)

• Mineral Wool
• Metal
• Gypsum
• Others

Ceiling Tiles Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2018 - 2030)

• Non-residential
• Residential
• Industrial

Ceiling Tiles Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2018 - 2030)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Spain
  • Italy
  • Austria
  • Poland
  • Belgium
  • Switzerland
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
• Central South America
  • Brazil
• Middle East Africa

Key Companies profiled:

• AWI Licensing LLC
• USG Corporation
• Knauf Gips KG
• ROCKWOOL International A/S
• Odenwald Faserplattenwerk GmbH
• Saint-Gobain Gyproc
• SAS International
• BYUCKSAN
• HIL Limited
• Hunter Douglas
• KET Ceilings

Order a free sample PDF of the Ceiling Tiles Market Intelligence Study, published by Grand View Research.