Market Overview:
The global wood based plafond 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 wood based plafonds in commercial, transport, utility, healthcare & education and residential applications. Additionally, the growing awareness about energy-efficient building materials is also propelling the growth of this market. The linear wood segment is expected to hold a dominant position in the global wood based plafond market during the forecast period from 2018 to 2030. This segment accounted for more than two-thirds of the total share in 2017 and is projected to grow at a CAGR of 5.8% during 2018-2030 owing to its properties such as durability and low maintenance cost.
Product Definition:
A wood-based plafond is a type of ceiling that is made out of wood. It is important because it can provide insulation and help to reduce sound from traveling between floors.
Linear Wood:
Linear wood is also known as straight-grained wood. It is a type of hardwood that grows in a single, usually upright, stem. The grain of the wood runs parallel to the stem or trunk of the tree. Unlike non-coniferous trees such as deciduous trees and conifers, which grow multiple stems from a single rootstock (bark), linear Wood has only one growing trunk or stem that branches into many smaller stems at maturity.
Grill Wood:
Grill wood is a type of fuel used in barbeque and grilling. It can be classified as hardwood or softwood based on it's origin. The most common types of grill woods are oak, pecan, maple, hickory and fruit trees such as apple, cherry and peach among others.
Application Insights:
Commercial application led the global wood based plafond market and accounted for more than 54.0% share of the total revenue in 2017. Rising demand for office buildings, retail stores, hotels and restaurants across various regions is expected to drive the product demand over the forecast period.
The residential sector is also likely to witness significant growth owing to increasing urbanization in developing countries including India, China and Brazil which will result in increased construction activities of houses over the next few years. In addition, rising disposable income coupled with improved standard of living has resulted in an increase in residential building activities across various regions globally which will further propel industry expansion over the coming years.
Rising consumer preference towards superior aesthetics coupled with functional requirements is anticipated to boost product consumption from utility applications such as electrical fixtures and switches at a rapid pace thereby driving industry growth over forecast period.
Regional Analysis:
North America dominated the global wood based plafond market in 2017. The growth can be attributed to increasing demand for green buildings, rising awareness about energy conservation and sustainable construction practices, and government initiatives promoting the use of eco-friendly materials. Moreover, stringent regulatory framework governing the usage of non-renewable resources is expected to drive product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid urbanization coupled with growing population in countries such as China and India thereby driving infrastructure development activities across these economies which will have a positive impact on industry growth. In addition, increasing investments by governments for developing smart cities are likely to boost product demand across this region during the forecast period.
Growth Factors:
- Increasing demand from the construction sector for wood based ceilings as an affordable and sustainable option.
- Rising popularity of open-plan living, which has led to a growing demand for wood based ceilings that can create a sense of spaciousness and openness.
- A trend towards more natural and organic design in both residential and commercial interiors, which has helped to boost the popularity of wood based ceilings.
- The increasing use of LED lighting in both residential and commercial spaces, which is creating new opportunities for wood based ceiling designs that can better showcase the beauty of this type of lighting fixture. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Wood Based Plafond Market Research Report
By Type
Linear Wood, Grill Wood, Tiles and Panels Wood, Custom Shape Wood
By Application
Commercial, Transport, Utility, Healthcare & Education, Residential
By Companies
Armstrong, USG, Hunter Douglas, CertainTeed, Rulon International, Geometrik, 9Wood, Derako International, Lindner Group, Lambri, Architectural Components Group, Spigogroup, ASI Architectural, Madrid Inc
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Wood Based Plafond Market Report Segments:
The global Wood Based Plafond market is segmented on the basis of:
Types
Linear Wood, Grill Wood, Tiles and Panels Wood, Custom Shape Wood
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
Commercial, Transport, Utility, Healthcare & Education, Residential
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
- USG
- Hunter Douglas
- CertainTeed
- Rulon International
- Geometrik
- 9Wood
- Derako International
- Lindner Group
- Lambri
- Architectural Components Group
- Spigogroup
- ASI Architectural
- Madrid Inc
Highlights of The Wood Based Plafond 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:
- Linear Wood
- Grill Wood
- Tiles and Panels Wood
- Custom Shape Wood
- By Application:
- Commercial
- Transport
- Utility
- Healthcare & Education
- Residential
- 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 Wood Based Plafond 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.
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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?
Wood based plafond is a type of ceiling that is made out of wood. It is a popular choice for homes because it is affordable and easy to install.
Some of the major players in the wood based plafond market are Armstrong, USG, Hunter Douglas, CertainTeed, Rulon International, Geometrik, 9Wood, Derako International, Lindner Group, Lambri, Architectural Components Group, Spigogroup, ASI Architectural, Madrid Inc.
The wood based plafond market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wood Based Plafond Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Wood Based Plafond Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wood Based Plafond Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Wood Based Plafond Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Wood Based Plafond Market Size & Forecast, 2018-2028 4.5.1 Wood Based Plafond Market Size and Y-o-Y Growth 4.5.2 Wood Based Plafond Market Absolute $ Opportunity
Chapter 5 Global Wood Based Plafond Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wood Based Plafond Market Size Forecast by Type
5.2.1 Linear Wood
5.2.2 Grill Wood
5.2.3 Tiles and Panels Wood
5.2.4 Custom Shape Wood
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wood Based Plafond Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wood Based Plafond Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Transport
6.2.3 Utility
6.2.4 Healthcare & Education
6.2.5 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wood Based Plafond Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wood Based Plafond Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wood Based Plafond Analysis and Forecast
9.1 Introduction
9.2 North America Wood Based Plafond Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wood Based Plafond Market Size Forecast by Type
9.6.1 Linear Wood
9.6.2 Grill Wood
9.6.3 Tiles and Panels Wood
9.6.4 Custom Shape Wood
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wood Based Plafond Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Transport
9.10.3 Utility
9.10.4 Healthcare & Education
9.10.5 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wood Based Plafond Analysis and Forecast
10.1 Introduction
10.2 Europe Wood Based Plafond Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wood Based Plafond Market Size Forecast by Type
10.6.1 Linear Wood
10.6.2 Grill Wood
10.6.3 Tiles and Panels Wood
10.6.4 Custom Shape Wood
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wood Based Plafond Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Transport
10.10.3 Utility
10.10.4 Healthcare & Education
10.10.5 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wood Based Plafond Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wood Based Plafond Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wood Based Plafond Market Size Forecast by Type
11.6.1 Linear Wood
11.6.2 Grill Wood
11.6.3 Tiles and Panels Wood
11.6.4 Custom Shape Wood
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wood Based Plafond Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Transport
11.10.3 Utility
11.10.4 Healthcare & Education
11.10.5 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wood Based Plafond Analysis and Forecast
12.1 Introduction
12.2 Latin America Wood Based Plafond Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wood Based Plafond Market Size Forecast by Type
12.6.1 Linear Wood
12.6.2 Grill Wood
12.6.3 Tiles and Panels Wood
12.6.4 Custom Shape Wood
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wood Based Plafond Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Transport
12.10.3 Utility
12.10.4 Healthcare & Education
12.10.5 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wood Based Plafond Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wood Based Plafond Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wood Based Plafond Market Size Forecast by Type
13.6.1 Linear Wood
13.6.2 Grill Wood
13.6.3 Tiles and Panels Wood
13.6.4 Custom Shape Wood
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wood Based Plafond Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Transport
13.10.3 Utility
13.10.4 Healthcare & Education
13.10.5 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wood Based Plafond Market: Competitive Dashboard
14.2 Global Wood Based Plafond Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Armstrong
14.3.2 USG
14.3.3 Hunter Douglas
14.3.4 CertainTeed
14.3.5 Rulon International
14.3.6 Geometrik
14.3.7 9Wood
14.3.8 Derako International
14.3.9 Lindner Group
14.3.10 Lambri
14.3.11 Architectural Components Group
14.3.12 Spigogroup
14.3.13 ASI Architectural
14.3.14 Madrid Inc