Ceiling Tiles Market Report

Ceiling Tiles Market Analysis By Product (Mineral Wool, Metal, Gypsum), By Application (Commercial, Residential, Industrial), By Region, And Segment Forecasts, 2014 - 2025

Published: August 2017  |  100 Pages  |  Format: PDF  |  Report ID: GVR-1-68038-890-9

Industry Insights

The global ceiling tiles market size was estimated at USD 4.45 billion in 2016. Decorative interior and exterior trends in the construction sector has impelled the use of advanced designing and printing technologies in the building materials market. Ceiling tiles or panels are utilized in interior construction for improving the overall aesthetics and acoustic insulation. 

Innovation in enhancement of aesthetics of walls and flooring materials such as carpets, floor and wall tiles, and coatings have undergone significant changes and advancements in terms of improving aesthetic features. 

U.S. ceiling tiles market volume by product, 2014 - 2025 (Million Square Meters)

U.S. ceiling tiles market

Ceiling tiles and suspension systems, and have witnessed a relatively slow progress over the recent years. This in turn, is expected to create new avenues for research & innovation in terms of providing improved visual effects and finishing of building interiors.

Acoustic insulation has played a vital role in the growth of the ceiling tiles market. Technological breakthrough in this area has led to a higher adoption of ceiling tiles especially in North America and Europe regions over the recent years. This trend is expected to continue further during the forecast period.

U.S. constituted the highest revenue share of over 90% of the total industry in North America in 2016. Strong regulatory scenario regarding VOC emissions from building materials coupled with significant development of the green buildings industry is expected to boost the utility of light-weight and sustainable materials, which in turn is likely to enhance the industry growth by 2025. 

Recovery of the commercial construction sector in the country has propelled the repair & maintenance and renovation activities. Moreover, adoption of interior solutions that exhibit better noise absorption features in offices, departmental stores, public utility areas, and educational institutions is considered to boost the product consumption in the next couple of years.

The market for green buildings in the U.S. is estimated to spur at a substantial growth rate of more than 7% during the forecast period. Educational and healthcare institutions are considered to be the key end-users, owing to promotion and adoption of health safety policies in these sectors.

This in turn is expected to enhance the use of eco-friendly and light-weight materials such as mineral wool, metal, and gypsum ceilings, so as to maintain and improve the indoor air quality and efficiencies of energy, water, and other resources. Technological advancement in manufacturing low VOC ceiling panels is likely to provide lucrative opportunities in the industry.

Product Insights

Mineral wool, metal, and gypsum are the major product segments included in the research study. In terms of revenue, mineral wool category constituted approximately 41.8% share of the total industry in 2016. Furthermore, this product segment is projected to expand at the fastest CAGR over the forecast period. 

Mineral wool includes fibers derived from slag, rock, and glass wool. This category includes wet felt & cast mineral fibers as well as fiberglass. These substances have significant noise reduction characteristics and are highly utilized in commercial spaces that are exposed to noisy surroundings.

The demand for mineral wool is estimated to increase substantially in the future, owing to their performance attributes and recyclability. In April 2016, Armstrong Ceiling Solutions set a new product recycle record. The company successfully recycled around 142,000 m2 of ceiling tiles, which are now being utilized in the manufacturing of new products.

Metal based products accounted for the second-largest industry share in 2016. Steel, aluminum, and tin are the major metals used in the manufacturing of metal ceiling tiles. USG Corporation manufactures and supplies aluminum and steel based panels under various brand names including Celebration Snap-In, Geometrix, Panz & Panz Logix, Paraline, Pizels, and WireWorks.

Gypsum is another major product segment that is likely to boost industry growth over the years ahead. Saint-Gobain S.A., Knauf, and USG Corporation are the key players that have a strong gypsum product portfolio for the building & construction industry. Knauf provides gypsum based panels under key brand names Vinovapanel and Creanovapanel.

Application Insights

Commercial, industrial, and residential are the key application segments of the global market. In terms of revenue, the commercial application category accounted for a massive industry share in 2016. Additionally, it is expected to witness fastest growth and is likely to expand at a CAGR of 9.6% during the forecast period, between 2017 and 2025. 

Ceiling tiles are consumed in numerous sub-applications within the commercial construction sector. These sub-applications primarily include corporate offices, healthcare centers, retail & grocery stores, and educational institutions. Cafeterias, restaurants, lavatories, public utility rooms, gymnasiums, and airport terminals are other commercial end-uses of ceiling systems.

In October 2015, Rockfon launched a new stone wool ceiling panel under the Cinema Black brand for applications such as theatres, auditoriums, restaurants, and other commercial spaces suitable for music, filming, and live performances.

Global ceiling tiles market volume by application, 2016 (%)

Global ceiling tiles market

Residential held the second-largest product demand in the global industry in 2016. Mineral fiber and metal panels are generally suitable for use in the residential construction operations. Rising housing repair and restoration activities in North America region is expected to promote the favorable growth of the product by the end of 2025.

Armstrong Ceiling Solutions offers exclusive product lines such as Baltic, Pinehurst, and Wellington for applications in residential replacement sector. Industrial end-uses of the product include food processing and pharmaceutical sectors.

Regional Insights

The rate of product adoption is highly prominent in North America, Europe, and Asia Pacific regions. North America held the largest revenue share and accounted for 33.9% in 2016. This region is likely to be one of the fastest growing consumers of the product, owing to the presence of a well-established residential and non-residential construction sub-sectors. 

Asia Pacific is likely to witness fastest growth during the forecast period. Increasing foreign investments especially in Southeast Asia and India is expected to promote the use of ceiling panels. Rise in the working populace in the region is likely to boost the building activities of new offices and information technology parks thus creating scope for industry growth.

Central & South America and Middle East & Africa are likely to be the emerging regions and are expected to offer favorable scope for industry expansion by the end of the forecast period. This scenario is expected to reflect mainly in Brazil, South Africa, and the GCC countries.

Competitive Insights

The manufacturers aim to achieve optimum business growth and strong market position through the implementation of various strategies such as acquisitions, joint ventures, production capacity expansions, new product launches, promotion of key product brands, and significant investments in the research & development. 

Existing industry players have a strong foothold in developed regions such as North America, Europe, and some parts of the Asia Pacific region including Australia. High degree of backward and forward integration of prominent ceiling tile firms persists in the global industry. This in turn, has intensified the competition thus making it difficult for entry of new players.

Armstrong World Industries, Inc., Saint-Gobain S.A., USG Corporation, ROCKWOOL International A/S, Odenwald Faserplattenwerk GmbH, SAS International, Burgess CEP, Hunter Douglas, and Knauf are some of the major players operating in the industry.

Report Scope 

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2014 - 2015

Forecast period

2017 - 2025

Market representation                                                

Volume in million square meters, revenue in USD million and CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Country scope

U.S., Germany, UK, China, India, Brazil

Report coverage             

Volume and revenue forecast, company share, competitive landscape, growth factors and trends

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Segments covered in the report

This report forecasts volume and revenue growth at global, regional & country levels and provides an analysis on the industry trends for each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global ceiling tiles market on the basis of product, application and region:

  • Product Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

    • Mineral wool

    • Metal

    • Gypsum

    • Others

  • Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

    • Commercial Construction

    • Residential Construction

    • Industrial Construction

  • Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

    • Europe

      • Germany

      • UK

    • Asia Pacific

      • China

      • India

    • Central & South America

      • Brazil

    • Middle East & Africa

Key questions answered by the report
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