India Ceiling Tiles Industry Size 2023, Demand, Trends, Manufacturers Outlook and Forecast to 2028

IMARC Group has recently released a new research study titled "India Ceiling Tiles Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

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.

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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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