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Acoustic Panel Market Trends

Report ID: GMI6116
Published Date: Jul 2024
Report Format: PDF

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Acoustic Panel Market Trends

One prominent trend is the One prominent trend is the increasing focus on aesthetics alongside functionality. Manufacturers are developing acoustic panels that not only provide excellent sound absorption but also serve as decorative elements, with customizable designs, colors, and shapes to complement various interior styles. This trend is particularly evident in open-plan offices, restaurants, and public spaces where acoustic panels are being integrated as part of the overall design scheme.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of acoustic panel was reached USD 12.4 billion in 2023 and is anticipated to register 6.4% CAGR between 2024 and 2032, driven by increasing awareness of noise pollution.

The mineral wool acoustic panel market size exceeded USD 4.8 billion in 2023 and is expected to cross USD 8.6 billion by 2032, owing to its excellent sound absorption properties and fire resistance.

Asia Pacific acoustic panel market generated USD 4.1 billion in 2023, and is expected to reach USD 5 billion by 2032, driven by rapid urbanization.

Armstrong World Industries, Inc, BASF SE, Beijing New Building Material (Group) Co., Ltd. (BNBM), CertainTeed, Ecophon Group, and Hunter Douglas N.V. among others.