India Ceiling Tiles Market Industry Size Growth at a CAGR of 5.86% | Forecast Report 2022-2027

According to IMARC Group's latest report, titled "India Ceiling Tiles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the market is expected to exhibit a CAGR of 5.86% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Ceiling tiles are lightweight building materials with a horizontal surface that are used to cover ceilings. They are usually installed within an aluminum grid to allow thermal insulation to a greater extent and enhance the overall room's acoustics and appearance. Apart from this, ceiling tiles are highly reflective, fire-resistant and offer better acoustic or sound quality, and maintain the overall temperature of indoor environments. Consequently, ceiling tiles are frequently utilized in residential and commercial buildings, including hotels, retail stores, workplaces, healthcare facilities, and clinics. At present, ceiling tiles are manufactured from mineral wool, metal, and gypsum materials, and they are commercially available in different sizes, colors, patterns, and designs.

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India Ceiling Tiles Market Trends:

The India ceiling tile market growth can be attributed to rapid urbanization and significant investments in the various infrastructural projects to establish and renovate existing buildings. Furthermore, continuous construction activities and the increasing need for high-quality panels with better sound insulation property has facilitated the incorporation of ceiling tiles across several commercial infrastructures, including hospitals & clinics, office buildings, and educational institutions.
Additionally, fueling disposable incomes, and the shifting consumer preference toward attractive ceiling structures for enhancing the overall interior aesthetics of residences are favoring the market growth. Besides this, escalating environmental concerns and increasing pollution and CO2 emissions levels have prompted real estate and the government of India (GoI) to employ sustainable ceiling tiles in diverse construction projects, which is considerably supporting the market growth in the nation. Looking forward, IMARC Group expects the global market to continue its robust growth during the forecast period (2022-2027).

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined with some of the key players being.

• Aerolite Industries Pvt. Ltd.
• AWI Licensing LLC
• Diamond International Inex Private Limited
• Everest Industries Limited
• Hunter Douglas India Pvt Ltd. (Hunter Douglas N.V.)
• India Gypsum Pvt. Ltd.
• Knauf AMF GmbH & Co. KG
• Ramco Industries Limited
• Saint-Gobain Gyproc India Ltd (Compagnie de Saint-Gobain S.A.)
• Techno Ceiling Products
• USG Boral Building Products India Pvt. Ltd
• VANS Gypsum Pvt. Ltd
• Visaka Industries Limited.

Key Market Segmentation:

The report has categorized the market based on product type and application.

Breakup by Product Type:
• Gypsum
• Mineral Fiber
• Metallic
• Calcium Silicate
• PVC
• Wood
• Others

Breakup by Application:
• Non-Residential Applications
o Private Sector
o Public Sector
• Residential Applications

Breakup by Region:
• South India
• West and Central India
• North India
• East India

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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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