Market Overview:
The global ceiling panels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for ceiling panels in residential, non-residential, and industrial applications. In terms of type, the mineral wool segment is expected to lead the global ceiling panels market during the forecast period. This can be attributed to its properties such as thermal insulation and acoustic insulation. In terms of application, the residential segment is expected to lead the global ceiling panels market during the forecast period.
Product Definition:
Ceiling panels are sheets of material, often made from metal or plastic, that are used to cover the ceiling of a room. They may be installed in a variety of ways, including as individual panels or in long strips. Ceiling panels can provide insulation and noise reduction and can also be used to hide wiring or other unsightly features on the ceiling.
Mineral Wool:
Mineral wool is a type of mineral fiber that is used in various applications including insulation and soundproofing. It has superior properties such as high thermal efficiency, low weight, and excellent mechanical strength. The product also provides fire protection to building structures owing to its fire-resistant nature. These factors make it an ideal material for use in ceiling panels which are expected to grow at a significant rate over the forecast period due to increasing construction activities across the globe.
Metal:
Metal is used in ceiling panels for providing rigidity and strength to the structure. The most commonly used metals are steel, aluminum, iron, copper and zinc. Steel is by far the most popular metal for use in ceiling panels due to its high strength-to-weight ratio which makes it ideal for use in building structures such as ceilings and roofs.
Application Insights:
The residential application segment accounted for the largest share of more than 50.0% in 2017. The rising number of construction projects in urban areas, especially in developing countries such as India and China, is expected to drive the demand for ceiling panels from the residential sector over the forecast period.
Non-residential applications include government buildings, healthcare facilities, educational institutions and hotels/restaurants. Increasing investments by governments across various sectors are likely to contribute to market growth over the coming years.
Regional Analysis:
Europe dominated the global ceiling panels industry in terms of revenue with a share of over 25.0% in 2017. This is attributed to increasing demand for energy-efficient products coupled with growing awareness regarding sustainable construction practices, especially in countries such as Germany and U.K.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rapid industrialization along with rising population density resulting from immigration into emerging economies including China.
Growth Factors:
- Increasing demand from the construction sector for Ceiling Panels as a result of growth in the global population and rise in disposable income.
- Growing popularity of false ceilings as an aesthetic and functional solution across residential, commercial, and institutional spaces.
- Rising demand for energy-efficient Ceiling Panels products that can help reduce operating costs.
- Proliferation of ceiling design options, including acoustic panels, LED lighting strips, and other features that add value to the overall interior design scheme.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ceiling Panels Market Research Report
By Type
Mineral Wool, Metal, Gypsum
By Application
Residential, Non-Residential, Industrial Applications
By Companies
Armstrong, Techno Ceiling Products, ROCKFON, Saint-Gobain, Grenzebach BSH GmbH, Odenwald Faserplattenwerk GmbH, SAS International, USG Corporation, Knauf, New Ceiling Tiles
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Ceiling Panels Market Report Segments:
The global Ceiling Panels market is segmented on the basis of:
Types
Mineral Wool, Metal, Gypsum
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Non-Residential, Industrial Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Armstrong
- Techno Ceiling Products
- ROCKFON
- Saint-Gobain
- Grenzebach BSH GmbH
- Odenwald Faserplattenwerk GmbH
- SAS International
- USG Corporation
- Knauf
- New Ceiling Tiles
Highlights of The Ceiling Panels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mineral Wool
- Metal
- Gypsum
- By Application:
- Residential
- Non-Residential
- Industrial Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ceiling Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ceiling panels are a type of light fixture that hang from the ceiling. They come in a variety of shapes and sizes, and can be used to light up an entire room or just part of it.
Some of the key players operating in the ceiling panels market are Armstrong, Techno Ceiling Products, ROCKFON, Saint-Gobain, Grenzebach BSH GmbH, Odenwald Faserplattenwerk GmbH, SAS International, USG Corporation, Knauf, New Ceiling Tiles.
The ceiling panels market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ceiling Panels Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ceiling Panels Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ceiling Panels Market - Supply Chain
4.5. Global Ceiling Panels Market Forecast
4.5.1. Ceiling Panels Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ceiling Panels Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ceiling Panels Market Absolute $ Opportunity
5. Global Ceiling Panels Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ceiling Panels Market Size and Volume Forecast by Type
5.3.1. Mineral Wool
5.3.2. Metal
5.3.3. Gypsum
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ceiling Panels Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ceiling Panels Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Non-Residential
6.3.3. Industrial Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ceiling Panels Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ceiling Panels Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ceiling Panels Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ceiling Panels Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ceiling Panels Demand Share Forecast, 2019-2026
9. North America Ceiling Panels Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ceiling Panels Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ceiling Panels Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Non-Residential
9.4.3. Industrial Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ceiling Panels Market Size and Volume Forecast by Type
9.7.1. Mineral Wool
9.7.2. Metal
9.7.3. Gypsum
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ceiling Panels Demand Share Forecast, 2019-2026
10. Latin America Ceiling Panels Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ceiling Panels Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ceiling Panels Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Non-Residential
10.4.3. Industrial Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ceiling Panels Market Size and Volume Forecast by Type
10.7.1. Mineral Wool
10.7.2. Metal
10.7.3. Gypsum
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ceiling Panels Demand Share Forecast, 2019-2026
11. Europe Ceiling Panels Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ceiling Panels Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ceiling Panels Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Non-Residential
11.4.3. Industrial Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ceiling Panels Market Size and Volume Forecast by Type
11.7.1. Mineral Wool
11.7.2. Metal
11.7.3. Gypsum
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ceiling Panels Demand Share, 2019-2026
12. Asia Pacific Ceiling Panels Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ceiling Panels Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ceiling Panels Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Non-Residential
12.4.3. Industrial Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ceiling Panels Market Size and Volume Forecast by Type
12.7.1. Mineral Wool
12.7.2. Metal
12.7.3. Gypsum
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ceiling Panels Demand Share, 2019-2026
13. Middle East & Africa Ceiling Panels Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ceiling Panels Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ceiling Panels Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Non-Residential
13.4.3. Industrial Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ceiling Panels Market Size and Volume Forecast by Type
13.7.1. Mineral Wool
13.7.2. Metal
13.7.3. Gypsum
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ceiling Panels Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ceiling Panels Market: Market Share Analysis
14.2. Ceiling Panels Distributors and Customers
14.3. Ceiling Panels Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Armstrong
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Techno Ceiling Products
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ROCKFON
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Saint-Gobain
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Grenzebach BSH GmbH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Odenwald Faserplattenwerk GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SAS International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. USG Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Knauf
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. New Ceiling Tiles
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook