The "Global Ceiling Tiles Market Size, Share & Trends Analysis Report by Product (Mineral Wool, Metal, Gypsum), by Application (Non-residential, Residential, Industrial), and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The global ceiling tiles market size is expected to reach USD 11.66 billion by 2028 and is projected to register a revenue-based CAGR of 8.8%
The growth in commercial construction activities, driven by the construction of new office spaces, malls, hospitals, and hotels, is expected to drive the market growth over the forecast period.
Ceiling tiles are primarily utilized for providing thermal & acoustic insulation to buildings. The key materials used for making ceiling tiles such as metal, gypsum, mineral wool, and cork have high noise reduction capability, have less weight, and are much more environmentally friendly as compared to conventional materials used for making buildings.
An increase in demand for designing decorative interiors in the construction sector has led to a rise in the usage of advanced printing & designing technologies in the construction materials industry. Innovation for aesthetics enhancement of non-residential buildings is anticipated to open new opportunities for growth in terms of improving the energy efficiency of buildings, along with high acoustic insulation levels.
The industry players use different distribution channels such as wholesale selling, third-party agreements, direct supply, and also via online portals. The major players in the industry collaborate with distributors in different countries, for expansion of their geographic portfolio and serve a bigger customer radius.
Ceiling Tiles Market Report Highlights
Market Dynamics
Market driver analysis
Market restraint analysis
Business Environment Analysis
Companies Mentioned
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