India Acoustic Ceiling Tiles Market Size Product (Mineral Fiber, Gypsum, Metal), By Application (Offices, Healthcare, Education), And Forecast
Report ID: 371908|No. of Pages: 202
India Acoustic Ceiling Tiles Market Size Product (Mineral Fiber, Gypsum, Metal), By Application (Offices, Healthcare, Education), And Forecast
India Acoustic Ceiling Tiles Market Size And Forecast
India Acoustic Ceiling Tiles Market size is growing at a good pace over the last few years and is expected to grow at a CAGR of 8.59% over the forecasted period from 2024 to 2030.
The acoustic ceiling tiles market in India has witnessed significant growth and transformation over the years, driven by factors such as urbanization, commercial construction projects, increasing awareness of acoustic solutions, and the need for noise control in various sectors. An increasing focus on sustainability has led to the development of eco-friendly and recyclable acoustic ceiling tiles. Manufacturers are incorporating sustainable materials and production processes to reduce the environmental impact of these products. Acoustic ceiling tiles can be customized to suit specific requirements, including size, color, thickness, and design. This allows for flexibility in meeting the unique acoustic needs and design preferences of various projects.
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India Acoustic Ceiling Tiles Market Definition
Acoustic ceiling tiles, also known as acoustic panels or acoustic ceiling panels, are specialized ceiling tiles designed to improve acoustic performance within a room or space. These tiles are primarily used in interior spaces to enhance sound absorption and reduce noise levels, creating a more comfortable and quieter environment. The market for acoustic ceiling tiles encompasses the production and distribution of specialized ceiling tiles engineered to control sound and improve acoustic properties within a variety of settings, including commercial, industrial, institutional, residential, and public spaces. These tiles are a crucial component of modern interior design and construction, aiming to optimize sound quality and mitigate excessive noise in various environments.
Acoustic ceiling tiles are typically made from porous materials that absorb sound effectively. Common materials include mineral fibers, fiberglass, foam, wood, and other sound-absorbing materials. These materials are chosen for their ability to dampen sound and improve acoustic performance. Acoustic ceiling tiles come in various designs, textures, and patterns to complement different interior aesthetics. They can be smooth, textured, perforated, or have a sculpted surface, providing both functional and aesthetic benefits. Acoustic ceiling tiles can be installed in different ways, including drop-in grid systems, direct adhesive application, or suspension on a framing system. Installation methods may vary based on the type of ceiling and desired acoustic outcomes. Acoustic ceiling tiles often have fire-resistant properties to enhance safety within the building. Compliance with relevant fire safety standards is a critical aspect of these tiles’ design and manufacturing.
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India Acoustic Ceiling Tiles Market Overview
The growth of the Indian construction industry is propelling the adoption of acoustic ceiling tiles, especially within the commercial construction sector. The commercial construction sector in India has been experiencing significant growth, primarily driven by the demand for office spaces, retail centers, hotels, and healthcare facilities. According to a report by IBEF (India Brand Equity Foundation), the Indian real estate market is expected to reach USD 1 trillion by 2030, with the commercial real estate segment witnessing a major surge. The growth in the Indian construction industry is driving the increased adoption of acoustic ceiling tiles. Factors such as the booming construction sector, focus on aesthetics and regulations, emphasis on employee comfort, and the sustainability trend collectively contribute to the growing demand for acoustic ceiling solutions in India.
In the modern construction landscape, aesthetics plays a crucial role in designing residential and commercial spaces. Acoustic ceiling tiles offer both functional benefits (noise reduction) and aesthetic appeal. Architects and designers are increasingly integrating these tiles to enhance the overall look and feel of interiors. Cost constraints, particularly affordability issues and concerns related to installation and maintenance costs are significant factors impeding the widespread adoption of acoustic ceiling tiles in the Indian market. Acoustic ceiling tiles are undeniably beneficial in terms of sound control and enhancing aesthetics. However, their higher price compared to conventional ceiling materials remains a substantial concern in price-sensitive markets like India.
Affordability is a critical consideration for a vast portion of consumers and projects in India. The relatively higher cost of acoustic ceiling tiles acts as a barrier to their widespread adoption, especially in projects with tight budget constraints. The market for lightweight acoustic ceiling tiles in India presents significant opportunities driven by various factors. Lightweight acoustic ceiling tiles offer several advantages over traditional heavier options, making them attractive for a range of applications. India’s expanding construction industry, coupled with the shift towards sustainable and efficient building solutions, underscores the immense opportunity for lightweight acoustic ceiling tiles. Manufacturers and suppliers investing in innovation, sustainability, and market education are likely to seize this growing market potential.
India Acoustic Ceiling Tiles Market: Segmentation Analysis.
The India Acoustic Ceiling Tiles Market is segmented on the basis of Product and Application.
India Acoustic Ceiling Tiles Market, By Product
- Mineral Fiber
- Gypsum
- Metal
- Wood
- Soft Wool
- Wet-Felt
- Others
Based on Product, the market is segmented into Mineral Fiber, Gypsum, Metal, Wood, Soft Wool, Wet-Felt, and Others. The mineral fiber segment accounted for the highest market share in the year 2022. Mineral fiber ceiling tiles are a widely used and popular choice in the acoustic ceiling tiles market. These tiles are manufactured from a combination of mineral wool, natural or synthetic binders, and sometimes recycled materials. They are known for their exceptional sound-absorbing properties and fire resistance. One of the primary advantages of mineral fiber ceiling tiles is their outstanding acoustic performance. They effectively absorb and reduce noise within a space, making them a preferred choice for environments where noise control is crucial. This includes commercial spaces such as offices, conference rooms, classrooms, and healthcare facilities. The tiles’ ability to dampen sound creates a more comfortable and productive atmosphere for occupants.
India Acoustic Ceiling Tiles Market, By Application
- Offices
- Healthcare
- Education
- Leisure
- Retail
- Others
Based on Application, the market is segmented into Offices, Healthcare, Education, Leisure, Retail, and Others. The office segment accounted for the highest market share in the year 2022. Acoustic ceiling tiles are a fundamental component of modern office design. They provide a range of benefits, including noise reduction, improved concentration, enhanced privacy, and aesthetic appeal. These tiles play a critical role in creating productive and comfortable work environments that promote employee well-being and organizational success. Open offices can be particularly noisy due to conversations, phone calls, and other activities. Acoustic ceiling tiles are designed to absorb sound, reducing the overall noise level within the space. This helps create a quieter and more focused workspace, enhancing the comfort of employees.
Key Players
The “India Acoustic Ceiling Tiles Market” study report will provide valuable insight with an emphasis on the market. Some of the major companies include Armstrong Ceiling Solutions, Rockfon, Techno Ceiling Products, Saint-Gobain, SAS International, HIL Limited, Aerolite Industries Pvt. Ltd., Ecotone Acoustics, Anutone Acoustics, USG Knauf, Invogue Building Systems Pvt. Ltd., Envirotech Systems Limited, Acoustical Solution, Hunter Douglas Architectural, ASI Architectural, Arktura, GridSquare, Fibretex India Pvt. Ltd., Jayswal.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with Coating Type benchmarking and SWOT analysis.
Key Developments
- In July 2023, Armstrong World Industries announced it has acquired B?K Modern, LLC (B?K), a pioneer in the design and development of integrated architectural metal systems for interior and exterior applications.
- In July 2023, Rockfon announced a new partnership with AIA’s MasterSpec and Deltek Specpoint. This is Rockfon complete ceiling offering will now be available in the MasterSpec library.
Report Scope
| Report Attributes | Details |
|---|---|
| Study Period | 2020-2030 |
| Base Year | 2023 |
| Forecast Period | 2024-2030 |
| Historical Period | 2020-2022 |
| Key Companies Profiled | Armstrong Ceiling Solutions, Rockfon, Techno Ceiling Products, Saint-Gobain, SAS International, HIL Limited, Aerolite Industries Pvt. Ltd., Ecotone Acoustics. |
| Segments Covered |
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| Customization scope | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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Research Methodology of Verified Market Research:
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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF INDIA ACOUSTIC CEILING TILES MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 INDIA ACOUSTIC CEILING TILES MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 INDIA ACOUSTIC CEILING TILES MARKET, BY PRODUCT
5.1 Overview
5.2 Mineral Fiber
5.3 Gypsum
5.4 Metal
5.5 Wood
5.6 Soft Wool
5.7 Wet-Felt
5.8 Others
6 INDIA ACOUSTIC CEILING TILES MARKET BY APPLICATION
6.1 Overview
6.2 Offices
6.3 Healthcare
6.4 Education
6.5 Leisure
6.6 Retail
6.7 Others
7 INDIA ACOUSTIC CEILING TILES MARKET COMPETITIVE LANDSCAPE
7.1 Overview
7.2 Company Market Ranking
7.3 Key Development Strategies
8 COMPANY PROFILES
8.1 Armstrong Ceiling Solutions
8.1.1 Overview
8.1.2 Financial Performance
8.1.3 Product Outlook
8.1.4 Key Developments
8.2 Rockfon
8.2.1 Overview
8.2.2 Financial Performance
8.2.3 Product Outlook
8.2.4 Key Developments
8.3 Techno Ceiling Products
8.3.1 Overview
8.3.2 Financial Performance
8.3.3 Product Outlook
8.3.4 Key Developments
8.4 Saint-Gobain
8.4.1 Overview
8.4.2 Financial Performance
8.4.3 Product Outlook
8.4.4 Key Developments
8.5 SAS International
8.5.1 Overview
8.5.2 Financial Performance
8.5.3 Product Outlook
8.5.4 Key Developments
8.6 HIL Limited
8.6.1 Overview
8.6.2 Financial Performance
8.6.3 Product Outlook
8.6.4 Key Development
8.7 Aerolite Industries Pvt. Ltd.
8.7.1 Overview
8.7.2 Financial Performance
8.7.3 Product Outlook
8.7.4 Key Developments
8.8 Ecotone Acoustics
8.8.1 Overview
8.8.2 Financial Performance
8.8.3 Product Outlook
8.8.4 Key Developments
8.9 USG Knauf
8.9.1 Overview
8.9.2 Financial Performance
8.9.3 Product Outlook
8.9.4 Key Developments
8.10 Invogue Building Systems Pvt. Ltd.
8.10.1 Overview
8.10.2 Financial Performance
8.10.3 Product Outlook
8.10.4 Key Developments
9 KEY DEVELOPMENTS
9.1 Product Launches/Developments
9.2 Mergers and Acquisitions
9.3 Business Expansions
9.4 Partnerships and Collaborations
10 Appendix
10.1 Related Research
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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| Demand side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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