Press release
India Ceiling Tiles Industry Size 2023, Demand, Trends, Manufacturers Outlook and Forecast to 2028
India Ceiling Tiles Industry Size 2023, Demand, Trends, Manufacturers Outlook and Forecast to 2028
Year considered to estimate the market size:
• Base year of the analysis: 2022
• Historical period: 2017-2022
• Forecast period: 2023-2028
India Ceiling Tiles Industry Outlook:
The India ceiling tiles market size reached INR 2,391 Crore in 2022. Looking forward, IMARC Group expects the market to reach INR 3,373 Crore by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.
Ceiling tiles, also called ceiling panels, are lightweight construction materials employed to cover ceilings and enhance the interiors of a room. These tiles are generally created of gypsum, mineral fiber, metals, wood, or PVC, and are placed in a steel or aluminum grid. Ceiling tiles provide several benefits over conventional cement-based ceilings, like high thermal as well as acoustic insulation, easy installation, better recyclability, improved aesthetics, and low-cost maintenance and repair.
Request for a free sample copy of this report: https://www.imarcgroup.com/india-ceiling-tiles-market/requestsample
India Ceiling Tile Manufacturers Covered:
• 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
What are the recent trends in the India ceiling tiles industry?
The rising construction activities across diverse sectors, including retail, residential, healthcare, hospitality, and corporate, is among the leading factors boosting the market growth across India. Apart from this, the increasing number of modern infrastructural projects, coupled with the rising levels of urbanization, is bolstering the market growth. Moreover, the escalating investments by the Government of India (GOI) regarding the renovation and construction of hospitals, schools, transportation infrastructure, and public offices are further aiding the growth of the market. In addition, the rising disposable incomes, as well as the increasing focus on improving the aesthetics of homes and office buildings, are anticipated to drive the product demand in the country. Furthermore, the utilization of sustainable and innovative construction solutions, including eco-friendly materials for ceilings, walls, and floors, is projected to benefit the market growth during the forecast period.
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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
• Private Sector
• Public Sector
• Residential Applications
Breakup by Region:
• South India
• West and Central India
• North India
• East India
Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=3312&flag=C
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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Modular Construction Market Report: https://www.imarcgroup.com/modular-construction-market
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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