The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increase in construction are expected to drive innovation in ceiling tile manufacturing, thus driving the market during the forecast period.

The global ceiling tile market is expected to grow from $7.56 billion in 2022 to $8.42 billion in 2023, at a compound annual growth rate (CAGR) of 11.3%. The ceiling tile market size is expected to grow to $12.1 billion in 2027 at a CAGR of 9.5%.

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Global Ceiling Tile Market Segments Include:

• By Installation: Surface Mount, Drop or Suspended
• By Material Type: Mineral Wool, Metal, Gypsum, Other Materials
• By Form: Laminated, Fissured, Patterned, Plain, Textured, Coffered
• By Application: Residential, Commercial, Industrial, Institutional
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global ceiling tile market in 2021.

Major Market Players in the ceiling tile market include Rockwool International A/S, USG Corporation, Hunter Douglas N.V., SAS International, Odenwald Faserplattenwerk GmbH, Knauf Gips KG, Saint Gobain India Pvt. Ltd.

Product innovations have emerged as the key trend gaining popularity in the ceiling tile market. Companies manufacturing ceiling tiles are developing innovative products to strengthen their positions in the market. For instance, in October 2020, USG Boral, a Singapore-based company manufacturing ceiling tiles, launched SHEETROCK standard plasterboard. These boards are certified as a trusted brand and are also the winners of several international awards. Sheetrock is unique from other plasterboards and is produced with high-quality precision, offering performance systems developed with advanced research.

The Ceiling Tile Global Market Report 2023  provides a ceiling tile market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The ceiling tile market forecast analyzes ceiling tile market size, ceiling tile market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Ceiling tiles are low-weight construction materials used for covering ceilings. Ceiling tiles, also known as ceiling panels, drop ceilings, and suspended ceilings, are generally aligned in a steel or aluminum grid, as they provide some thermal insulation but are usually designed to improve the aesthetics and acoustics of a room.

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