Press release
Ceiling Tiles Market by Region - North America,Latin America,Europe,Japan,APEJ,MEA; Material Type - Aluminum,Fiber Glass,Mineral Fiber / Gypsum,PVC,Steel,Wood,Other Material types (Polystyrene, Urethane, MDF, Copper etc.); Form - Laminated Ceiling Tiles,F
Ceiling Tiles Market
Remodeling & Renovation Activities to Remain Key Trends Influencing the Market Growth
Surging awareness about the requirement of home décor, growing GHDI across emerging countries, and elevating home prices, have been prompting homeowners in making huge investments in home remodeling and renovating activities. Robust spending by individuals has been observed in the renovation activities associated with suspended ceiling panels. Growth in remodeling and renovation activities are likely to remain key trends affecting growth of the global ceiling tiles market.
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Emerging countries are making enormous investments in the development of their commercial spaces, manufacturing plant construction, institutional buildings, and public infrastructure. For example, demonetization has led the Indian government to trim their fiscal deficit, thereby encouraging builders and consumers to make robust investments in real estate. Such developments will further rub off on demand for ceiling tiles in the forthcoming years.
5 Key Projections on Future of Ceiling Tiles Market for Forecast Period 2018-2027
The market in Asia-Pacific excluding Japan (APEJ) is expected to spearhead the market in terms of sales expansion. Increasing foreign investments particularly in India and Southeast Asia, coupled with robust construction activities apropos information technology parks and new offices that is driven by the rise in working populace is a key factor propelling the market expansion in APEJ.
Among product types, mineral fiber will remain sought-after in the market on account of their noise reduction characteristics.
Commercial application of ceiling tiles will continue to account for leading revenue share of the market. This can be mainly attributed to commercial use-specific product launches by companies, for example – Rockfon’s new stone wool ceiling panel for application in auditoriums, theatres, and restaurants.
Surface mount installation will remain preferred for ceiling tiles on their back of their operational convenience and user-friendly attributes.
Based on form, laminated ceiling tiles will continue to lead the market, in terms of both value and volume.
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Acquisitions and Product Innovation to Remain Key Expansion Strategies among Market Players
Manufacturers of ceiling tiles are eyeing achievement of business expansion via implementation of key strategies that include product innovation and acquisitions. Geometrix™, USG Boral’s specialty ceiling panels, designed for high-end design projects, hold promise to enable realization of most complex ceiling designs. Produced from lightweight aluminum, Geometrix 3D metal-based specialty ceiling panels lend unexpected dimension and unique perspective to ceiling spaces. Geometrix has also been made available with the high recycled content (HRC), by this global leading ceilings & plasterboard joint venture.
USG Corporation has recently made an announcement of its definitive agreement of Ceilings Plus’ acquisition. USG will pay nearly US$ 52 Mn for acquiring this leading producer of specialty ceiling products. Incorporating Ceilings Plus is likely to enhance USG’s product portfolio, thereby accelerating innovation and enhancing their presence in the marketplace of specialty ceilings. By joining USG, Ceilings Plus aims at propelling their ongoing evolution through provision of access to greater manufacturing capabilities, and broader sales coverage. Such innovation and acquisition activities are likely to fuel growth of ceiling tiles market in the upcoming years.
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Key market participants profiled by Fact.MR’s report include Armstrong World Industries, Inc., Techno Ceiling Products, New Ceiling Tiles, LLC, and Odenwald Faserplattenwerk GmbH. The report also offers analysis on the product and business strategies of prominent stakeholders in this market.
Table of Contents Covered in the report are:
1. Executive Summary
1.1. Summarizing Key Findings
1.2. Key Strategic Themes
1.3. Highlighting Action Area – Wheel of Fortune
2. Global Ceiling Tiles Market Overview
2.1. Introduction
2.2. Market Definition and Scope
2.3. Market Taxonomy and Segments Captured
3. Global Ceiling Tiles Market Outlook
3.1. Market Size (US$ Mn) and Forecast, 2012-2026
3.2. Market Y-o-Y Growth
3.3. Forecast Factors and Relevance of Impact
4. Global Ceiling Tiles Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities
4.4. Trends
5. Supply Chain and Value Chain Assessment
6. Actionable Insights and Analysis
6.1. Technology Roadmap
6.2. Competition Footprint Matrix
6.3. Scenario Forecast
6.4. PESTLE Analysis
6.5. Porter's Five Forces Analysis
6.6. Product Life Cycle
6.7. Investment Feasibility Matrix
6.8. Key Participants Market Presence (Intensity Map) By Region
7. Global Market Analysis and Forecast, 2012-2026
7.1. Analysis and Forecast by Material Type
7.1.1. Revenue (US$ Mn) Comparison, By Region
7.1.2. Market Share Comparison, By Region
7.1.3. Y-o-Y growth Comparison, By Region
7.2. Analysis and Forecast By Form
7.2.1. Revenue (US$ Mn) Comparison, By Region
7.2.2. Market Share Comparison, By Region
7.2.3. Y-o-Y growth Comparison, By Region
7.3. Analysis and Forecast By Application
7.3.1. Revenue (US$ Mn) Comparison, By Region
7.3.2. Market Share Comparison, By Region
7.3.3. Y-o-Y growth Comparison, By Region
7.4. Analysis and Forecast By Installation Type
7.4.1. Revenue (US$ Mn) Comparison, By Region
7.4.2. Market Share Comparison, By Region
7.4.3. Y-o-Y growth Comparison, By Region
7.5. Analysis and Forecast By Performance
7.5.1. Revenue (US$ Mn) Comparison, By Region
7.5.2. Market Share Comparison, By Region
7.5.3. Y-o-Y growth Comparison, By Region
7.6. Analysis and Forecast By Edge Details
7.6.1. Revenue (US$ Mn) Comparison, By Region
7.6.2. Market Share Comparison, By Region
7.6.3. Y-o-Y growth Comparison, By Region
8. North America Ceiling Tiles Market Size & Forecast
8.1. Analysis and Forecast, By Country
8.1.1. US Market Size & Forecast
8.1.2. Canada Market Size & Forecast
8.2. Analysis and Forecast, By Material
8.3. Analysis and Forecast, By Form
8.4. Analysis and Forecast, By Thickness
8.5. Analysis and Forecast, By Installation Type
8.6. Analysis and Forecast, By Performance
8.7. Analysis and Forecast, By Edge Details
9. Latin America Ceiling Tiles Market Size & Forecast
9.1. Analysis and Forecast, By Country
9.1.1. Brazil Market Size & Forecast
9.1.2. Mexico Market Size & Forecast
9.1.3. Mexico Market Size & Forecast
9.1.4. Rest of Latin America Market Size & Forecast
9.2. Analysis and Forecast, By Material
9.3. Analysis and Forecast, By Form
9.4. Analysis and Forecast, By Thickness
9.5. Analysis and Forecast, By Installation Type
9.6. Analysis and Forecast, By Performance
9.7. Analysis and Forecast, By Edge Details
10. Europe Ceiling Tiles Market Size and Forecast
10.1. Revenue (US$ Mn) Comparison, By Country
10.1.1. Germany Market Size and Forecast (US$ Mn)
10.1.2. U.K. Market Size and Forecast (US$ Mn)
10.1.3. Spain Market Size and Forecast (US$ Mn)
10.1.4. France Market Size and Forecast (US$ Mn)
10.1.5. Italy Market Size and Forecast (US$ Mn)
10.1.6. Rest Of Europe Market Size and Forecast (US$ Mn)
10.2. Revenue (US$ Mn) Comparison, By Material type
10.3. Revenue (US$ Mn) Comparison, By Form
10.4. Revenue (US$ Mn) Comparison, By Application
10.5. Revenue (US$ Mn) Comparison, By Installation Type
10.6. Analysis and Forecast, By Performance
10.7. Analysis and Forecast, By Edge Details
And Continue....
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