Global Ceiling Tiles Market – Examining Europe’s Dominance

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Ceiling Tiles Market Examining Europes
Dominance Generally constructed from a mix
of mineral fibers with antimicrobial and
fireproof properties, ceiling tiles play an
integral role in noise reduction, preventing the
spread of fire, and finishing the look of various
structures facilities. Moreover, in terms of
aesthetics, these tiles can help conceal
unsightly wiring, rust, pipes, and other
unappealing ceiling components. As per
Inkwood Researchs analysis, the global
ceiling tiles market is projected to grow with a
CAGR of 7.26 over the forecasting period of 2023
to 2032, capturing a revenue share of xx billion
by 2032.
Europes Commanding Presence in the Global
Ceiling Tiles Market Over the years, ceiling
tiles have carved a niche for themselves
in the European market. In Western Europe, the
United Kingdom is projected to be one of the
leading markets for ceiling tiles by 2025,
supported by a strong ricochet in
non-residential construction expenditure. In
addition, given the nations significant
industrial construction demand, coupled with
the inclination towards contemporary,
modular designs, ceiling tiles are widely adopted
in the country. In contrast, economic uncertainty
due to inflation, as well as increasing energy
and commodity prices, predominantly given
Russias invasion of Ukraine, has resulted in
delays and cancellations across the European
construction industry. These factors, in turn,
may likely hamper structural demands and
exacerbate cost inflation for
construction-related goods, as well. However,
reports state that despite the United
Kingdom experiencing a severe economic
recession in 2023, an additional 225,000
construction workers could be
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required by 2027, with recruitment mainly
concentrated on infrastructure, repair,
private housing, and maintenance. (Source
Construction Skills Network CSN) Furthermore,
with the growing awareness about the
environmental impact of urbanization, there
has been a subsequent increase in the
demand for sustainable ceiling tiles made
from renewable materials. For instance,
modular construction is projected to become the
norm in the region by 2023. This is attributed to
its potential to reduce construction time
by around 50, minimize waste, and
increase productivity as well as
sustainability. Similarly, low-emitting
sustainable ceiling tiles can help improve
indoor air quality and occupant health by
releasing fewer volatile organic compounds
(VOCs) into the atmosphere. Besides, traditional
construction companies and investors are also
preferring off-site solutions, owing to the
advantages they offer and how they revolutionize
sustainable business models. According to
the estimates issued by the European Steel
Association (EUROFER), construction output in
the European Union (EU) was estimated to
increase by 2.3 in 2022, year-on-year, and
2023 will likely witness a growth of around
1.5. Hence, these factors are expected to
influence the ceiling tiles market growth in
Europe during the forecast period. A Skyward
Revolution Key Trends Strategic
Initiatives The two emerging trends for 2023,
predominantly in Europe, include the transition
towards modern construction techniques and the
focus away from conventional, on- site skilled
labor to off-site, automated modular structures.
Hence, the rising adoption of cutting-edge
lean manufacturing techniques in the
region and the growing infrastructural
investments are anticipated to boost
the demand for modular construction
materials, including ceiling tiles. Additionally,
as the advantages of incorporating modular
construction continue to remain concrete,
industry professionals are increasingly
focusing on more government support.
These include planning and regulation policy
incentives, along with grants and subsidies for
developers employing modular solutions. For
instance, the European Union launched
NextGenerationEU, recognized as the
largest stimulus package ever financed in
Europe. The recovery plan aims to achieve
targets linked to climate neutrality,
digitization, and sustainability, directed
toward a more robust construction industry. The
support is also projected to accelerate the
adoption of modern and sustainable solutions,
such as ceiling tiles, while leading to higher
market expansion of currently available as
well as novel solutions. For example,
in January 2021, Saint- Gobain (France)
launched its first production site for
ceiling tiles in India with the goal of
reducing Indian imports of ceiling tiles from
China. With an annual capacity of 6 million
square meters, the plant is set to serve
the gypsum tiles market in India. Hence,
these factors are set to collectively contribute
to the global ceiling tiles market growth during
the forecasted period. FAQs
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• What are ceiling tiles made of?
• A Ceiling tiles are mainly made of fiberglass,
  mineral wool, gypsum, cellulose or starch,
  perlite, and clay. Moreover, glass, metal, and
  wood are also gaining popularity as specialty
  materials in the production of ceiling tiles.
• Why are ceiling tiles being increasingly
  incorporated into commercial buildings?
• A In order to enhance acoustics, lessen noise
  pollution, and improve the efficacy of heating
  and cooling systems, ceiling tiles are being
  largely utilized
• in commercial buildings, such as offices.
  Moreover, as per Inkwood Research, office is
  expected to be the prominent commercial building
  during
• the forecast period, 2023 to 2032.