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Ceiling Tiles Market Trends

Report ID: GMI3748
Published Date: Dec 2024
Report Format: PDF

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Ceiling Tiles Market Trends

The ceiling tiles industry is experiencing a shift towards eco-friendly and sustainable products, with a focus on using recycled materials and energy-efficient designs. The Industrial Association of Ceiling Tile Manufacturers reports an increasing preference for lightweight, modular, and customizable ceiling solutions to meet diverse aesthetic and functional needs in both commercial and residential spaces.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for ceiling tiles was reached USD 7.8 billion in 2023 and is anticipated to register a CAGR of over 4.6% between 2024 and 2032, driven by the rising demand for innovative ceiling tiles with customizable designs.

The metal segment reached USD 2.2 billion in 2023 and is expected to grow at a CAGR of 4.8% from 2024 to 2032, due to their durability, contemporary aesthetic, and superior performance features.

The direct distribution channel held approximately 51.5% share of the market in 2023 and is expected to grow at a CAGR of 4.7% during 2024 to 2032, as it reduces costs associated with intermediaries and strengthens customer relationships.

The U.S. ceiling tiles market exceeded USD 1.6 billion in 2023 and is expected to grow at a CAGR of 4.7% through 2032, led by robust construction and renovation activities and the demand for high-performance, customizable ceiling solutions.

Major players in the ceiling tiles industry include Armstrong World Industries, Inc., Burgess CEP, Ceilume, Ecophon, Haining Shamrock Import and Export Co., Ltd., Hunter Douglas N.V., Kingspan Group, Knauf Gips KG, Lindner Group, OWA Ceiling Systems, ROCKFON, Rockfon, Saint-Gobain, SAS International, and USG Corporation.