According to IMARC Group’s latest report, titled “India Ceiling Tiles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the market is expected to exhibit a CAGR of 5.86% during 2022-2027. Ceiling tiles, or ceiling plates, are lightweight construction materials, which are manufactured with a blend of starch, clay, fiber glasses, recycled newspapers, metals, and polyvinyl chloride. They are extensively utilized for covering the ceiling in order to improve the aesthetics of the interior space. Currently, ceiling tiles are commercially available in varying types, such as shed, domed, suspended, tray, coved and vaulted.
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The widespread utilization of ceiling tiles in various multiplexes, shopping malls, and business centers represents one of the key factors driving the market growth in India. In line with this, an increasing number of ongoing infrastructural projects, significant investments made into the modernization of existing establishments and the growing consumer inclination toward aesthetically appealing ceiling structures, are creating a positive outlook for the market. Other factors, such as rising consumer expenditure capacities, along with extensive urbanization, are contributing to the market growth further across the country. Looking forward, IMARC Group expects the global market to continue its robust growth during the forecast period (2022-2027).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Aerolite Industries Pvt. Ltd.
- AWI Licensing LLC
- Diamond International Inex Private Limited
- Everest Industries Limited
- Hunter Douglas India Pvt Ltd. (Hunter Douglas N.V.)
- India Gypsum Pvt. Ltd.
- Knauf AMF GmbH & Co. KG
- Ramco Industries Limited
- Saint-Gobain Gyproc India Ltd (Compagnie de Saint-Gobain S.A.)
- Techno Ceiling Products
- USG Boral Building Products India Pvt. Ltd
- VANS Gypsum Pvt. Ltd
- Visaka Industries Limited.
Market Segmentation:
Breakup by Region:
- South India
- West and Central India
- North India
- East India
Breakup by Product Type:
- Gypsum
- Mineral Fiber
- Metallic
- Calcium Silicate
- PVC
- Wood
- Others
Breakup by Application:
- Non-Residential Applications
- Private Sector
- Public Sector
- Residential Applications
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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