Ceiling Tiles Market Size, Share, Trends, Growth and Forecast 2030

Ceiling tiles also referred to as ceiling panels are low weighing construction materials that are utilized for covering ceilings.

The global ceiling tiles market growth can be owing to escalating demand for thermal and acoustic insulation along with growing consumer preference for improving the aesthetic appeal of offices.

According to a study, the global ceiling tiles industry size was $7 billion in 2022 and is projected to reach $20 billion by the end of 2030.

The global ceiling tiles market is anticipated to record a CAGR of nearly 9.4% from 2023 to 2030.

The Asia-Pacific ceiling tiles industry is set to register the highest CAGR over the forecasting timeline owing to a rise in the spending of consumers in construction activities. Surge in the refurbishment activities in the Southeast Asian countries will further prop up the industry expansion in the region.             

The global ceiling tiles market is led by players such as BYUCKSAN, AWI Licensing LLC, Knauf Gips KG, Odenwald Faserplattenwerk GmbH, Saint-Gobain Gyproc, ROCKWOOL International A/S, Hunter Douglas, HIL Limited, KET Ceilings, USG Corporation, and SAS International.     

The ceiling tiles market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.