Published by linker 5
Posted on February 5, 2021
2 min readLast updated: January 21, 2026
Established players must direct their strategic focus on developing cost-effective, eco-friendly, durable, and acoustical ceiling tiles through R&D initiatives along with strategic mergers and acquisitions.
Sales of ceiling tiles are projected to inflate at an unprecedented rate on the back of soaring demand from building & construction industry. The global ceiling tiles market will witness stellar growth at 9.7% CAGR over the forecast period (2019-2029). High net worth income of consumers in developed economies, along with spurring renovation activities, would contribute substantially to overall market performance, projects a new Future Market Insights (FMI) study.
“Consumers have greater predilection for environmentally-friendly ceiling tiles. Leading global producers are thus focused on manufacturing low-VOC (volatile organic compounds) ceiling tiles. Low maintenance of ceiling tiles will be an important booster to market growth,” concludes the FMI report.
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Key Takeaways of Ceiling Tiles Market Study
Ceiling Tiles Market – Top Growth Drivers
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Ceiling Tiles Market – Key Restraints
Competition Landscape of Ceiling Tiles Market
FMI’s comprehensive study covers prominent players of highly-competitive ceiling tiles market. Some of the industry leaders profiled in this report include, but are not limited to, Grenzebach BSH GmbH, Burgess CEP, Decorative Ceiling Tiles, Hyderabad Industries Limited (HIL), Armstrong World Industries, Rockfon, New Ceiling Tiles, and Byucksan Corporation. Market leaders continue to employ multifaceted strategies including product development, contracts and agreements along with growth-oriented expansion strategies for bolstering their credibility.
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