HOME Top Market Reports Ceiling Tiles Market by Material Type (Mineral Fiber, Metal and Gypsum), Property Type (Acoustic and Non-Acoustic), End User (Residential and Non-Residential), and Region (NA, EU, APAC, MEA, and SA)-Global Forecast to 2022

Ceiling Tiles Market by Material Type (Mineral Fiber, Metal and Gypsum), Property Type (Acoustic and Non-Acoustic), End User (Residential and Non-Residential), and Region (NA, EU, APAC, MEA, and SA)-Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: February 2018
Report Code: CH 5979

 

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The ceiling tiles market was valued at USD 6.90 Billion in 2016 and is projected to reach USD 9.88 Billion by 2022, at a CAGR of 6.2% during the forecast period. Increased demand for acoustic, aesthetic, and recyclable ceiling tiles from the construction industry is driving the growth of the ceiling tiles market. Increase in the number of construction projects in developed and emerging economies is also contributing to the growth of the ceiling tiles market. In this study, years that have been considered to estimate the market size for ceiling tiles are listed below:

  • Base Year – 2016
  • Estimated Year – 2017
  • Projected Year – 2022
  • Forecast Period – 2017–2022

2016 has been considered as the base year for company profiles. In cases, wherein information for the base year has been unavailable, years prior to it have been considered.

Objectives of the Study:

  • To analyze and forecast the size of the ceiling tiles market, in terms of volume and value
  • To provide detailed information regarding key factors, such as drivers, restraints, opportunities, and challenges, influencing the growth of the ceiling tiles market
  • To define, describe, and forecast the ceiling tiles market based on material type, property type, and end user
  • To analyze and forecast the size of the ceiling tiles market in North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and South America
  • To strategically profile key players operating in the ceiling tiles market and analyze their core competencies
  • To analyze market opportunities and competitive landscape for stakeholders and market leaders
  • To analyze competitive developments such as agreements/contracts, expansions & investments, mergers & acquisitions, and new product developments undertaken by key market players

Various secondary sources such as Factiva, Hoovers, and Manta have been used to gain insights into the ceiling tiles market. Experts from leading companies manufacturing ceiling tiles have been interviewed to verify and collect critical information and to assess the trends in the ceiling tiles market during the forecast period. Top-down, bottom-up, and data triangulation approaches have been implemented to calculate exact values of the overall parent and each individual market sizes.

Ceiling Tiles Market

To know about the assumptions considered for the study, download the pdf brochure

The market for ceiling tiles has a diversified and established ecosystem comprising upstream players, such as raw material suppliers and downstream stakeholders, such as manufacturers, vendors, and end users of ceiling tiles as well as various government organizations. Leading players operating in the ceiling tiles market include Armstrong World Industries (US), USG Corporation (US), Hunter Douglas (Netherlands), SAS International (UK), CertainTeed (US), Rockfon (Denmark), Odenwald Faserplattenwerk GmbH (Germany), Knauf (Germany), Saint-Gobain Gyproc (France), and Georgia-Pacific (US).

Target Audience

  • Manufacturers of Ceiling Tiles
  • Suppliers of Raw Materials
  • Distributors and Suppliers of Ceiling Tiles
  • End-Use Industries
  • Industry Associations

This study answers several questions for the stakeholders, primarily which market segments to focus on, in the next two to five years for prioritizing their efforts and investments.

Scope of the Report:

This research report categorizes the ceiling tiles market based on material type, property type, end user, and region. It forecasts the revenue growth and analyzes trends in each of these submarkets.

Ceiling Tiles Market, by Material Type:

  • Mineral Fiber
  • Metal
  • Gypsum
  • Others
Ceiling Tiles Market, by Property Type:
  • Acoustic
  • Non-Acoustic

Ceiling Tiles Market, by End User:

  • Residential
  • Non-Residential
Ceiling Tiles Market, by Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa (MEA)
  • South America

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to specific needs of companies. The following customization options are available for the report:

Product Analysis

  • Product matrix, which offers a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the North America ceiling tiles market
  • Further breakdown of the Europe ceiling tiles market
  • Further breakdown of the Asia Pacific ceiling tiles market
  • Further breakdown of the Middle East & Africa ceiling tiles market
  • Further breakdown of the South America ceiling tiles market

Company Information

  • Detailed analysis and profiling of additional market players


Table of Contents

1 Introduction (Page No. - 13)
  1.1 Objectives of the Study
  1.2 Market Definition
  1.3 Market Scope
      1.3.1 Years Considered for the Study
  1.4 Currency
  1.5 Unit Considered
  1.6 Limitations
  1.7 Stakeholders

2 Research Methodology (Page No. - 16)
  2.1 Research Data
      2.1.1 Secondary Data
          2.1.1.1 Key Data From Secondary Sources
      2.1.2 Primary Data
          2.1.2.1 Key Data From Primary Sources
          2.1.2.2 Key Industry Insights
          2.1.2.3 Breakdown of Primary Interviews
  2.2 Market Size Estimation
      2.2.1 Bottom-Up Approach
      2.2.2 Top-Down Approach
  2.3 Data Triangulation
  2.4 Research Assumptions

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 30)
  4.1 Attractive Opportunities in the Ceiling Tiles Market
  4.2 Ceiling Tiles Market, By Material Type
  4.3 Ceiling Tiles Market, By End Use and Region
  4.4 Ceiling Tiles Market, By Property Type
  4.5 Ceiling Tiles Market, By Country

5 Market Overview (Page No. - 33)
  5.1 Introduction
  5.2 Market Dynamics
      5.2.1 Drivers
          5.2.1.1 Increase in Number of Construction Projects in Developed and Developing Economies
          5.2.1.2 Increased Demand of Ceiling Tiles in Construction of Green Buildings
          5.2.1.3 Increasing Demand for Replacing Old Or Damaged Tiles
      5.2.2 Restraints
          5.2.2.1 Susceptibility to Damage Made By Molds
          5.2.2.2 High Cost of Ceiling Tiles
      5.2.3 Opportunities
          5.2.3.1 Growing Use of Ceiling Tiles for Enhancing Aesthetic Looks
      5.2.4 Challenges
          5.2.4.1 Uncertainty in the Global Political Scenario
          5.2.4.2 Reducing the Installation Cost of Ceiling Tiles
  5.3 Porter’s Five Forces Analysis
      5.3.1 Threat of New Entrants
      5.3.2 Threat of Substitutes
      5.3.3 Bargaining Power of Suppliers
      5.3.4 Bargaining Power of Buyers
      5.3.5 Intensity of Competitive Rivalry

6 Macroeconomic Overview and Key Trends (Page No. - 39)
  6.1 Introduction
  6.2 Trends and Forecast of Gdp
  6.3 Trends and Forecast of the Construction Industry

7 Ceiling Tiles Market, By Material Type (Page No. - 46)
  7.1 Introduction
  7.2 Mineral Fiber Ceiling Tiles
  7.3 Metal Ceiling Tiles
  7.4 Gypsum Ceiling Tiles
  7.5 Other Ceiling Tiles
      7.5.1 Wood Ceiling Tiles
      7.5.2 Composite Ceiling Tiles
      7.5.3 Plastic Ceiling Tiles

8 Ceiling Tiles Market, By Property Type (Page No. - 53)
  8.1 Introduction
  8.2 Acoustic Ceiling Tiles
  8.3 Non-Acoustic Ceiling Tiles

9 Ceiling Tiles Market, By End User (Page No. - 59)
  9.1 Introduction
  9.2 Non-Residential
      9.2.1 Institutions
      9.2.2 Hospitals
      9.2.3 Offices
  9.3 Residential

10 Ceiling Tiles Market, By Region (Page No. - 65)
   10.1 Introduction
   10.2 North America
       10.2.1 US
       10.2.2 Canada
       10.2.3 Mexico
   10.3 Europe
       10.3.1 Germany
       10.3.2 UK
       10.3.3 France
       10.3.4 Italy
       10.3.5 Spain
       10.3.6 Russia
       10.3.7 Netherlands
       10.3.8 Austria
       10.3.9 Belgium
       10.3.10 Poland
   10.4 APAC
       10.4.1 China
       10.4.2 Japan
       10.4.3 India
       10.4.4 Australia & New Zealand
   10.5 Middle East & Africa (MEA)
       10.5.1 Uae
       10.5.2 Saudi Arabia
       10.5.3 South Africa
   10.6 South America
       10.6.1 Brazil
       10.6.2 Argentina

11 Competitive Landscape (Page No. - 90)
   11.1 Overview
   11.2 Market Ranking of Key Players, 2016
   11.3 Competitive Scenario
       11.3.1 New Product Developments
       11.3.2 Expansions
       11.3.3 Acquisitions
       11.3.4 Agreements & Contracts

12 Company Profiles (Page No. - 94)
   12.1 Armstrong World Industries, Inc.
       12.1.1 Business Overview
       12.1.2 Products Offered
       12.1.3 Recent Developments
       12.1.4 Swot Analysis
       12.1.5 Mnm View
   12.2 USG Corporation
       12.2.1 Business Overview
       12.2.2 Products Offered
       12.2.3 Swot Analysis
       12.2.4 Mnm View
   12.3 Hunter Douglas
       12.3.1 Business Overview
       12.3.2 Products Offered
       12.3.3 Recent Developments
       12.3.4 Swot Analysis
       12.3.5 Mnm View
   12.4 Certainteed
       12.4.1 Business Overview
       12.4.2 Products Offered
       12.4.3 Mnm View
   12.5 Saint-Gobain Gyproc
       12.5.1 Business Overview
       12.5.2 Products Offered
       12.5.3 Mnm View
   12.6 Rockfon
       12.6.1 Business Overview
       12.6.2 Products Offered
       12.6.3 Recent Developments
       12.6.4 Mnm View
   12.7 Odenwald Faserplattenwerk GmbH
       12.7.1 Business Overview
       12.7.2 Products Offered
       12.7.3 Mnm View
   12.8 Knauf
       12.8.1 Business Overview
       12.8.2 Products Offered
       12.8.3 Mnm View
   12.9 Georgia-Pacific
       12.9.1 Business Overview
       12.9.2 Products Offered
       12.9.3 Mnm View
   12.1 SAS International
       12.10.1 Business Overview
       12.10.2 Products Offered
       12.10.3 Recent Developments
       12.10.4 Mnm View
   12.11 Other Companies
       12.11.1 Burgess Cep
       12.11.2 Shandong Huamei Building Materials Co., Ltd
       12.11.3 Acoustigreen
       12.11.4 Mada Gypsum
       12.11.5 Byucksan Corporation
       12.11.6 Hil Limited
       12.11.7 Techno Ceiling Products
       12.11.8 Ceilume
       12.11.9 Renhurst Ceilings Pty Ltd
       12.11.10 Acoustic Ceiling Products, Llc.

13 Appendix (Page No. - 114)
   13.1 Insights From Industry Experts
   13.2 Discussion Guide
   13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
   13.4 Introducing RT: Real-Time Market Intelligence
   13.5 Available Customizations
   13.6 Related Reports
   13.7 Author Details


List of Tables (74 Tables)

Table 1 Trends and Forecast of Gdp, USD Billion (2016–2022)
Table 2 Contribution of the Building & Construction Industry in North America, USD Billion (2015–2022)
Table 3 Contribution of the Construction Industry in Europe, USD Billion (2015–2022)
Table 4 Contribution of the Construction Industry in APAC, USD Billion (2015—2022)
Table 5 Contribution of the Building & Construction Industry in Middle East, USD Billion (2015—2022)
Table 6 Contribution of the Building & Construction Industry in Latin America, USD Billion (2015—2022)
Table 7 Ceiling Tiles Market Size, By Material Type, 2015–2022 (USD Million)
Table 8 Ceiling Tiles Market Size, By Material Type, 2015–2022 (Million Square Meter)
Table 9 Mineral Fiber Ceiling Tiles Market Size, By Region, 2015–2022 (USD Million)
Table 10 Mineral Fiber Ceiling Tiles Market Size, By Region, 2015-2022 (Million Square Meter)
Table 11 Metal Ceiling Tiles Market Size, By Region, 2015–2022 (USD Million)
Table 12 Metal Ceiling Tiles Market Size, By Region, 2015–2022 (Million Square Meter)
Table 13 Gypsum Ceiling Tiles Market Size, By Region, 2015–2022 (USD Million)
Table 14 Gypsum Ceiling Tiles Market Size, By Region, 2015–2022 (Million Square Meter)
Table 15 Other Ceiling Tiles Market Size, By Region, 2015–2022 (USD Million)
Table 16 Other Ceiling Tiles Market Size, By Region, 2015–2022 (Million Square Meter)
Table 17 Ceiling Tiles Market Size, By Property Type, 2015–2022 (USD Million)
Table 18 Ceiling Tiles Market Size, By Property Type, 2015-2022 (Million Square Meter)
Table 19 Acoustic Ceiling Tiles Market Size, By Region, 2015–2022 (USD Million)
Table 20 Acoustic Ceiling Tiles Market Size, By Region, 2015-2022 (Million Square Meter)
Table 21 Non-Acoustic Ceiling Tiles Market Size, By Region, 2015–2022 (USD Million)
Table 22 Non-Acoustic Ceiling Tiles Market Size, By Region, 2015–2022 (Million Square Meter )
Table 23 Ceiling Tiles Market Size, By End User, 2015–2022 (USD Million)
Table 24 Ceiling Tiles Market Size, By End User , 2015–2022 (Million Square Meter)
Table 25 Ceiling Tiles Market Size in Non-Residential End User, By Region, 2015–2022 (USD Million)
Table 26 Ceiling Tiles Market Size in Non-Residential End User, By Region, 2015–2022 (Million Square Meter)
Table 27 Ceiling Tiles Market Size in Residential End User, By Region, 2015–2022 (USD Million)
Table 28 Ceiling Tiles Market Size in Residential End User, By Region, 2015–2022 (Million Square Meter)
Table 29 Ceiling Tiles Market Size, By Region, 2015–2022 (USD Million)
Table 30 Ceiling Tiles Market Size, By Region, 2015–2022 (Million Square Meters)
Table 31 North America: Ceiling Tiles Market Size, By Material Type, 2015–2022 (USD Million)
Table 32 North America: Ceiling Tiles Market Size, By Material Type, 2015–2022 (Million Square Meters)
Table 33 North America: Ceiling Tiles Market Size, By Property Type, 2015–2022 (USD Million)
Table 34 North America: Ceiling Tiles Market Size, By Property Type, 2015–2022 (Million Square Meters)
Table 35 North America: Ceiling Tiles Market Size, By End User, 2015–2022 (USD Million)
Table 36 North America: Ceiling Tiles Market Size, By End User, 2015–2022 (Million Square Meters)
Table 37 North America: Ceiling Tiles Market Size, By Country, 2015–2022 (USD Million)
Table 38 North America: Ceiling Tiles Market Size, By Country, 2015–2022 (Million Square Meters)
Table 39 Europe: Ceiling Tiles Market Size, By Material Type, 2015–2022 (USD Million)
Table 40 Europe: Ceiling Tiles Market Size, By Material Type, 2015–2022 (Million Square Meters)
Table 41 Europe: Ceiling Tiles Market Size, By Property Type, 2015–2022 (USD Million)
Table 42 Europe: Ceiling Tiles Market Size, By Property Type, 2015–2022 (Million Square Meters)
Table 43 Europe: Ceiling Tiles Market Size, By End User, 2015–2022 (USD Million)
Table 44 Europe: Ceiling Tiles Market Size, By End User, 2015–2022 (Million Square Meters)
Table 45 Europe: Ceiling Tiles Market Size, By Country, 2015–2022 (USD Million)
Table 46 Europe: Ceiling Tiles Market Size, By Country, 2015–2022 (Million Square Meters)
Table 47 APAC: Ceiling Tiles Market Size, By Material Type, 2015–2022 (USD Million)
Table 48 APAC: Ceiling Tiles Market Size, By Material Type, 2015–2022 (Million Square Meters)
Table 49 APAC: Ceiling Tiles Market Size, By Property Type, 2015–2022 (USD Million)
Table 50 APAC: Ceiling Tiles Market Size, By Property Type, 2015–2022 (Million Square Meters)
Table 51 APAC: Ceiling Tiles Market Size, By End User, 2015–2022 (USD Million)
Table 52 APAC: Ceiling Tiles Market Size, By End Use, 2015–2022 (Million Square Meters)
Table 53 APAC: Ceiling Tiles Market Size, By Country,2015–2022 (USD Million)
Table 54 APAC: Ceiling Tiles Market Size, By Country, 2015–2022 (Million Square Meters)
Table 55 MEA: Ceiling Tiles Market Size, By Material Type, 2015–2022 (USD Million)
Table 56 MEA: Ceiling Tiles Market Size, By Material Type, 2015–2022 (Million Square Meters)
Table 57 MEA: Ceiling Tiles Market Size, By Property Type, 2015–2022 (USD Million)
Table 58 MEA: Ceiling Tiles Market Size, By Property Type, 2015–2022 (Million Square Meters)
Table 59 MEA: Ceiling Tiles Market Size, By End User, 2015–2022 (USD Million)
Table 60 MEA: Ceiling Tiles Market Size, By End User, 2015–2022 (Million Square Meters)
Table 61 MEA: Ceiling Tiles Market Size, By Country, 2015–2022 (USD Million)
Table 62 MEA: Ceiling Tiles Market Size, By Country, 2015–2022 (Million Square Meters)
Table 63 South America: Ceiling Tiles Market Size, By Material Type, 2015–2022 (USD Million)
Table 64 South America: Ceiling Tiles Market Size, By Material Type, 2015–2022 (Million Square Meters)
Table 65 South America: Ceiling Tiles Market Size, By Property Type, 2015–2022 (USD Million)
Table 66 South America: Ceiling Tiles Market Size, By Property Type, 2015–2022 (Million Square Meters)
Table 67 South America: Ceiling Tiles Market Size, By End User, 2015–2022 (USD Million)
Table 68 South America: Ceiling Tiles Market Size, By End User, 2015–2022 (Million Square Meters)
Table 69 South America: Ceiling Tiles Market Size, By Country, 2015–2022 (USD Million)
Table 70 South America: Ceiling Tiles Market Size, By Country, 2015–2022, (Million Square Meters)
Table 71 New Product Developments, 2015–2017
Table 72 Expansions, 2015–2017
Table 73 Acquisitions, 2015–2017
Table 74 Agreements & Contracts, 2015–2017


List of Figures (38 Figures)

Figure 1 Ceiling Tiles: Market Segmentation
Figure 2 Ceiling Tiles Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Ceiling Tiles Market: Data Triangulation
Figure 6 Mineral Fiber Segment to Lead Overall Ceiling Tiles Market Between 2017 and 2022
Figure 7 Non-Residential Segment to Lead Overall Ceiling Tiles Market Between 2017 and 2022
Figure 8 China to Be Fastest-Growing Ceiling Tiles Market Between 2017 and 2022
Figure 9 Acoustic Ceiling Tiles to Dominate Market Between 2017 and 2022
Figure 10 North America to Lead Ceiling Tiles Market Between 2017 and 2022
Figure 11 Increased Demand From Growing Construction Projects to Drive Ceiling Tiles Market Between 2017 and 2022
Figure 12 Mineral Fiber Ceiling Tiles to Dominate Market Between 2017 and 2022
Figure 13 Non-Residential Segment Dominated Overall Ceiling Tiles Market in 2016
Figure 14 Acoustic Segment to Dominate Overall Ceiling Tiles Market Between 2017 and 2022
Figure 15 China to Be Fastest-Growing Market During Forecast Period
Figure 16 Factors Governing Ceiling Tiles Market
Figure 17 Ceiling Tiles Market: Porter’s Five Forces Analysis
Figure 18 Contribution of the Construction Industry in North America, USD Billion (2017 vs. 2022)
Figure 19 Contribution of the Building & Construction Industry in Europe, USD Billion (2017 vs. 2022)
Figure 20 Contribution of the Construction Industry in APAC, USD Billion (2017 vs. 2022)
Figure 21 Contribution of the Construction Industry in the Middle East, USD Billion (2017 vs. 2022)
Figure 22 Contribution of the Building & Construction Industry in Latin America, USD Billion (2017 vs. 2022)
Figure 23 Mineral Fiber to Dominate Overall Ceiling Tiles Market Between 2017 and 2022
Figure 24 North America to Lead Mineral Fiber Ceiling Tiles Market, Between 2017 and 2022
Figure 25 Acoustic Ceiling Tiles to Dominate Ceiling Tiles Market Between 2017 and 2022
Figure 26 North America to Lead Acoustic Ceiling Tiles Market, Between 2017 and 2022
Figure 27 North America to Lead Non-Acoustic Ceiling Tiles Market Between 2017 and 2022
Figure 28 Non-Residential End User to Lead the Ceiling Tiles Market Between 2017 and 2022
Figure 29 APAC to Be Fastest-Growing Ceiling Tiles Market in Non-Residential End User, 2017–2022
Figure 30 North America to Dominate Ceiling Tiles Market in Residential End User Between 2017 and 2022
Figure 31 China to Lead the Ceiling Tiles Market Between 2017 and 2022
Figure 32 North America: Ceiling Tiles Market Snapshot
Figure 33 Europe: Ceiling Tiles Market Snapshot
Figure 34 APAC: Ceiling Tiles Market Snapshot
Figure 35 Companies Adopted New Product Development as the Key Growth Strategy Between 2015 and 2017
Figure 36 Armstrong World Industries,Inc.: Company Snapshot
Figure 37 USG Corporation: Company Snapshot
Figure 38 Hunter Douglas: Company Snapshot

The ceiling tiles market is projected to reach USD 9.88 Billion by 2022, at a CAGR of 6.2% between 2017 and 2022. The growth of the ceiling tiles market can be attributed to the increasing use of ceiling tiles in construction activities, owing to their exceptional properties, such as aesthetic appeal, sound absorption, fire resistance, and moisture resistance.

The ceiling tiles market has been segmented on the basis of material type, property type, end user, and region. Based on material type, the ceiling tiles market has been classified into mineral fiber, metal, gypsum, and others. The mineral fiber segment of the ceiling tiles market is projected to grow at the highest CAGR during the forecast period, in terms of value and volume. Mineral fiber is the most commonly used material for the manufacture of ceiling tiles, owing to its easy availability and low cost. The growth of the mineral fiber segment can be attributed to the increasing adoption of mineral fiber ceiling tiles in construction projects, owing to their improved acoustic and aesthetic properties.

Based on property type, the ceiling tiles market has been classified into acoustic and non-acoustic. The acoustic segment is expected to lead the ceiling tiles market during the forecast period, in terms of value and volume. The growth of the acoustic segment can be attributed to the ability of ceiling tiles to control and minimize sound transmission. Acoustic ceiling tiles are ideal for use in commercial buildings, such as concert halls, recording studios, and seminar rooms.

Based on end user, the ceiling tiles market has been segmented into residential and non-residential. The non-residential end user segment is projected to lead the ceiling tiles market during the forecast period, in terms of value and volume. The growth of the non-residential end user segment can be attributed to the increased use of ceiling tiles in non-residential buildings, such as offices, institutes, hospitals, gymnasiums, cinema theatres, museums, and auditoriums.

North America is the largest market for ceiling tiles, in terms of value and volume. The growth of the ceiling tiles market in North America can be attributed to the presence of leading ceiling tile manufacturers, such as Armstrong World Industries (US), and expansion of the building & construction industry in this region. The ceiling tiles market in Asia Pacific is projected to grow at the highest CAGR from 2017 to 2022, in terms of value, owing to the increase in the number of construction activities in this region.

Ceiling Tiles Market

High capital requirement for the installation of ceiling tiles and susceptibility of ceiling tiles to mold breeding act as key restraints to the growth of the ceiling tiles market.

Armstrong World Industries (US), USG Corporation (US), Hunter Douglas (Netherlands), SAS International (UK), CertainTeed (US), Rockfon (Denmark), Odenwald Faserplattenwerk GmbH (Germany), Knauf (Germany), Saint-Gobain Gyproc (France), and Georgia-Pacific (US) are key players operating in the ceiling tiles market. These key players offer a wide range of ceiling tiles to strengthen their competitive position and cater to the growing demand for ceiling tiles from the building & construction industry.

Armstrong World Industries (US) is a major player in the ceiling tiles market. The company is focused on expanding its product portfolio and gaining a competitive edge over other players in the ceiling tiles market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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