Market Overview:
The global wall-mounted acoustic panel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for noise control solutions in various end-use industries, such as office, home, restaurant, classroom, gym and others. In addition, the growing awareness about the benefits of using wall-mounted acoustic panels is also contributing to the growth of this market. Based on type, wooden acoustic panels are expected to account for a major share of the global wall-mounted acoustic panel market during the forecast period. This can be attributed to their high aesthetic appeal and easy installation process.
Product Definition:
A wall-mounted acoustic panel is a sound-absorbing panel that is mounted to a wall. These panels are used to improve the sound quality of a room by reducing echo and reverberation. They can also be used to reduce noise levels in a room. Wall-mounted acoustic panels are typically made from fiberglass or foam and are covered with fabric or vinyl.
Wooden Acoustic Panels:
Wooden acoustic panels are thin layers of wood that are used to provide a smooth and uniform surface on which paint can be applied. They have high durability, low maintenance costs and can be installed in minimum time. These factors make them suitable for wall mounted panel systems, especially in commercial spaces such as offices, schools or hospitals where the aesthetics is important along with functionality.
The global wooden acoustic panels market size was valued at USD 562 million in 2016.
Mineral Wool Acoustic Panels:
Mineral wool acoustic panels are made from a mineral fiber that is extracted from the mines. It has high thermal and sound insulation properties, which make it an ideal material for use in wall-mounted acoustic panels. These panels are used to provide noise control and vibration reduction in commercial buildings such as hospitals, schools, offices, hotels and others.
The global market size was valued at USD 1.6 billion in 2016.
Application Insights:
The office application segment led the global wall-mounted acoustic panel market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to an increase in the number of commercial spaces, such as offices and corporate centers, across various regions including North America and Europe. Furthermore, rising demand for high quality soundproof walls from residential buildings that are occupied by offices is expected to drive growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a growing construction industry, which has resulted in an increased demand for acoustic panels. Furthermore, rising awareness regarding soundproofing solutions among consumers is anticipated to drive product demand over the forecast period.
The Asia Pacific was followed by Europe, which accounted for more than 25% of global revenue share in 2017 owing to high acceptance of innovative products and technological advancements across countries such as Germany and U.K., where majority of acoustic wall-mounted panels are sold across the globe.
North America emerged as one of prominent markets with U.S.
Growth Factors:
- Increasing demand for noise control in various industrial and commercial applications is expected to drive the growth of the wall-mounted acoustic panel market over the forecast period.
- Rising awareness about the benefits of using acoustic panels for noise control is projected to propel demand for these products, thereby propelling market growth.
- The increasing use of wall-mounted acoustic panels in residential applications is anticipated to fuel market expansion during the forecast period.
- Growing popularity of open office concept is expected to create opportunities for wall-mounted acoustic panel manufacturers in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wall-mounted Acoustic Panel Market Research Report
By Type
Wooden Acoustic Panels, Mineral Wool Acoustic Panels, Fabric Acoustic Panels, Polyester Acoustic Panels, Other
By Application
Office, Home, Restaurant, Classroom, Gym, Other
By Companies
STAR-USG, Beijing New Building Material, Armstrong, Saint-Gobain, Knauf Insulation, Burgeree, USG BORAL, Beiyang, Forgreener Acoustic, Leeyin Acoustic Panel, Shengyuan, Same Acoustic Panel Material, Hebei Bo Run-de, G&S Acoustics, Sound Seal, Whisper Walls, MBI Acoustical Products
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Wall-mounted Acoustic Panel Market Report Segments:
The global Wall-mounted Acoustic Panel market is segmented on the basis of:
Types
Wooden Acoustic Panels, Mineral Wool Acoustic Panels, Fabric Acoustic Panels, Polyester Acoustic Panels, Other
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
Office, Home, Restaurant, Classroom, Gym, Other
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:
- STAR-USG
- Beijing New Building Material
- Armstrong
- Saint-Gobain
- Knauf Insulation
- Burgeree
- USG BORAL
- Beiyang
- Forgreener Acoustic
- Leeyin Acoustic Panel
- Shengyuan
- Same Acoustic Panel Material
- Hebei Bo Run-de
- G&S Acoustics
- Sound Seal
- Whisper Walls
- MBI Acoustical Products
Highlights of The Wall-mounted Acoustic Panel 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:
- Wooden Acoustic Panels
- Mineral Wool Acoustic Panels
- Fabric Acoustic Panels
- Polyester Acoustic Panels
- Other
- By Application:
- Office
- Home
- Restaurant
- Classroom
- Gym
- Other
- 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 Wall-mounted Acoustic Panel 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
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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?
A wall-mounted acoustic panel is a type of acoustic ceiling system that attaches to the wall using screws or nails. The panels are made from thin, sound-dampening material and are designed to reduce noise levels in a room.
Some of the major companies in the wall-mounted acoustic panel market are STAR-USG, Beijing New Building Material, Armstrong, Saint-Gobain, Knauf Insulation, Burgeree, USG BORAL, Beiyang, Forgreener Acoustic, Leeyin Acoustic Panel, Shengyuan, Same Acoustic Panel Material, Hebei Bo Run-de, G&S Acoustics, Sound Seal, Whisper Walls, MBI Acoustical Products.
The wall-mounted acoustic panel market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wall-mounted Acoustic Panel 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. Wall-mounted Acoustic Panel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wall-mounted Acoustic Panel Market - Supply Chain
4.5. Global Wall-mounted Acoustic Panel Market Forecast
4.5.1. Wall-mounted Acoustic Panel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wall-mounted Acoustic Panel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wall-mounted Acoustic Panel Market Absolute $ Opportunity
5. Global Wall-mounted Acoustic Panel 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. Wall-mounted Acoustic Panel Market Size and Volume Forecast by Type
5.3.1. Wooden Acoustic Panels
5.3.2. Mineral Wool Acoustic Panels
5.3.3. Fabric Acoustic Panels
5.3.4. Polyester Acoustic Panels
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wall-mounted Acoustic Panel 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. Wall-mounted Acoustic Panel Market Size and Volume Forecast by Application
6.3.1. Office
6.3.2. Home
6.3.3. Restaurant
6.3.4. Classroom
6.3.5. Gym
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wall-mounted Acoustic Panel 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. Wall-mounted Acoustic Panel 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 Wall-mounted Acoustic Panel 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. Wall-mounted Acoustic Panel 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 Wall-mounted Acoustic Panel Demand Share Forecast, 2019-2026
9. North America Wall-mounted Acoustic Panel 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 Wall-mounted Acoustic Panel 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 Wall-mounted Acoustic Panel Market Size and Volume Forecast by Application
9.4.1. Office
9.4.2. Home
9.4.3. Restaurant
9.4.4. Classroom
9.4.5. Gym
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wall-mounted Acoustic Panel Market Size and Volume Forecast by Type
9.7.1. Wooden Acoustic Panels
9.7.2. Mineral Wool Acoustic Panels
9.7.3. Fabric Acoustic Panels
9.7.4. Polyester Acoustic Panels
9.7.5. Other
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 Wall-mounted Acoustic Panel Demand Share Forecast, 2019-2026
10. Latin America Wall-mounted Acoustic Panel 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 Wall-mounted Acoustic Panel 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 Wall-mounted Acoustic Panel Market Size and Volume Forecast by Application
10.4.1. Office
10.4.2. Home
10.4.3. Restaurant
10.4.4. Classroom
10.4.5. Gym
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wall-mounted Acoustic Panel Market Size and Volume Forecast by Type
10.7.1. Wooden Acoustic Panels
10.7.2. Mineral Wool Acoustic Panels
10.7.3. Fabric Acoustic Panels
10.7.4. Polyester Acoustic Panels
10.7.5. Other
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 Wall-mounted Acoustic Panel Demand Share Forecast, 2019-2026
11. Europe Wall-mounted Acoustic Panel 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 Wall-mounted Acoustic Panel 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 Wall-mounted Acoustic Panel Market Size and Volume Forecast by Application
11.4.1. Office
11.4.2. Home
11.4.3. Restaurant
11.4.4. Classroom
11.4.5. Gym
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wall-mounted Acoustic Panel Market Size and Volume Forecast by Type
11.7.1. Wooden Acoustic Panels
11.7.2. Mineral Wool Acoustic Panels
11.7.3.Fabric Acoustic Panels
11.7.4. Polyester Acoustic Panels
11.7.5. Other
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 Wall-mounted Acoustic Panel Demand Share, 2019-2026
12. Asia Pacific Wall-mounted Acoustic Panel 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 Wall-mounted Acoustic Panel 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 Wall-mounted Acoustic Panel Market Size and Volume Forecast by Application
12.4.1. Office
12.4.2. Home
12.4.3. Restaurant
12.4.4. Classroom
12.4.5. Gym
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wall-mounted Acoustic Panel Market Size and Volume Forecast by Type
12.7.1. Wooden Acoustic Panels
12.7.2. Mineral Wool Acoustic Panels
12.7.3. Fabric Acoustic Panels
12.7.4. Polyester Acoustic Panels
12.7.5. Other
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 Wall-mounted Acoustic Panel Demand Share, 2019-2026
13. Middle East & Africa Wall-mounted Acoustic Panel 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 Wall-mounted Acoustic Panel 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 Wall-mounted Acoustic Panel Market Size and Volume Forecast by Application
13.4.1. Office
13.4.2. Home
13.4.3. Restaurant
13.4.4. Classroom
13.4.5. Gym
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wall-mounted Acoustic Panel Market Size and Volume Forecast by Type
13.7.1. Wooden Acoustic Panels
13.7.2. Mineral Wool Acoustic Panels
13.7.3. Fabric Acoustic Panels
13.7.4. Polyester Acoustic Panels
13.7.5. Other
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 Wall-mounted Acoustic Panel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wall-mounted Acoustic Panel Market: Market Share Analysis
14.2. Wall-mounted Acoustic Panel Distributors and Customers
14.3. Wall-mounted Acoustic Panel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. STAR-USG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Beijing New Building Material
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Armstrong
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. Knauf Insulation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Burgeree
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. USG BORAL
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Beiyang
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Forgreener Acoustic
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Leeyin Acoustic Panel
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shengyuan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Same Acoustic Panel Material
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hebei Bo Run-de
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. G&S Acoustics
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sound Seal
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Whisper Walls
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. MBI Acoustical Products
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
