Global Ceiling Tiles Market Size & Outlook, 2023-2030
Global ceiling tiles market, 2018-2030 (US$M)
Related Markets
Global ceiling tiles market highlights
- The global ceiling tiles market generated a revenue of USD 7,421.4 million in 2023 and is expected to reach USD 14,011.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.5% by 2030.
- In terms of segment, non-residential accounted for a revenue of USD 6,843.2 million in 2023.
- Non-Residential is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 7,421.4 million |
| Market revenue in 2030 | USD 14,011.2 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Non-residential |
| Fastest growing segment | Non-Residential |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Non-Residential |
Other key industry trends
- In terms of revenue, the North America accounted for 33.9% of the global ceiling tiles market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Italy is the fastest growing regional market and is projected to reach USD 265.4 million by 2030.
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Ceiling Tiles Market Scope
Ceiling Tiles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global ceiling tiles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ceiling tiles market will help companies and investors design strategic landscapes.
Non-residential was the largest segment with a revenue share of 92.21% in 2023. Horizon Databook has segmented the Global ceiling tiles market based on residential, non-residential covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Ceiling Tiles Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Non-Residential
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global ceiling tiles market , including forecasts for subscribers. This global databook contains high-level insights into Global ceiling tiles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global ceiling tiles market size, by regions, 2018-2030 (US$M)
Top 10 countries: Ceiling tiles market size, 2023 (US$M)
Global ceiling tiles market share, by application, 2023 & 2030 (%, US$M)
Ceiling tiles market: Opportunity assessment by country
Global ceiling tiles market, by region, 2023 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,800.6 | 1,967.2 | 2,011.2 | 2,136.7 | 2,312.8 | 2,515.0 | 2,748.7 | 3,004.8 | 3,284.7 | 3,591.3 | 3,926.9 | 4,294.3 | 4,696.6 | 9.3% |
| Europe | 1,559.9 | 1,681.2 | 1,694.4 | 1,775.6 | 1,896.2 | 2,034.6 | 2,191.6 | 2,360.6 | 2,543.0 | 2,739.8 | 2,952.7 | 3,183.0 | 3,432.9 | 7.8% |
| Asia Pacific | 1,451.6 | 1,608.4 | 1,669.6 | 1,799.9 | 1,976.7 | 2,180.7 | 2,418.8 | 2,683.7 | 2,978.1 | 3,305.7 | 3,670.1 | 4,075.6 | 4,526.8 | 11.0% |
| Latin America | 151.8 | 165.3 | 168.4 | 178.4 | 192.6 | 208.8 | 228.4 | 250.1 | 274.2 | 300.7 | 330.3 | 362.9 | 399.2 | 9.7% |
| MEA | 341.7 | 374.0 | 383.2 | 408.1 | 442.6 | 482.3 | 530.3 | 583.7 | 643.0 | 708.9 | 782.5 | 864.4 | 955.7 | 10.3% |
| Overall | 5,305.6 | 5,796.1 | 5,926.8 | 6,298.7 | 6,820.9 | 7,421.4 | 8,117.8 | 8,882.9 | 9,723.0 | 10,646.4 | 11,662.5 | 12,780.2 | 14,011.2 | 9.5% |
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