Report Overview

India Ceiling Tiles Market - Industry Trends & Forecast Report, 2029

India ceiling tiles market size was estimated at USD 240.93 million in 2022. During the forecast period between 2023 and 2029, the size of the India ceiling tiles market is projected to grow at a CAGR of 5.62% reaching a value of USD 334.49 million by 2029. Major growth drivers for the India ceiling tiles market include an increasing construction sector and rising proliferation of contemporary infrastructure projects. Notably, the escalating urbanization rates and the increasing preference of consumers for visually appealing and decorative ceiling structures are driving product demand. Also, the surging usage of ceiling tiles in commercial establishments like cinemas, malls, corporate hubs, and others, to enhance both aesthetics and acoustics, is further fueling market growth. Furthermore, the Indian government's increased investments in the construction and refurbishment of schools, hospitals, transportation hubs, public offices, and more are providing additional momentum to the ceiling tiles market.

India Ceiling Tiles Market – Overview

Ceiling tiles, also known as panels, are lightweight construction materials employed in ceilings to enhance interior aesthetics. These tiles, typically crafted from materials like gypsum, metals, mineral fiber, PVC, and wood, offer various advantages over traditional cement-based ceilings. These benefits encompass superior thermal and acoustic insulation, enhanced recyclability, ease of installation, cost-effective maintenance, improved aesthetics, and more. Consequently, ceiling tiles find extensive use in diverse construction sectors in India, including residential, retail, hospitality, healthcare, and corporate, due to their capacity to elevate interior design and functionality.

 India Ceiling Tiles Market

Growth Drivers

Growth in Construction Industry in India

The robust growth in India's construction industry is a significant catalyst propelling the India ceiling tiles market. With the construction sector expanding at a remarkable pace, driven by an increasing number of modern infrastructure projects, the demand for ceiling tiles is on the rise. The surge in urbanization, coupled with a growing preference for visually appealing and decorative ceiling structures, is further fueling this demand. Ceiling tiles are being extensively used in various construction segments, such as residential, commercial, hospitality, healthcare, and corporate sectors, to enhance interior aesthetics and functionality. Additionally, the Indian government's heightened investments in construction and renovation projects, including schools, hospitals, transportation facilities, and public offices, are contributing to the growth of the ceiling tiles market. This market is poised for expansion, riding on the wave of construction activities across the country.

Restraints

Price Sensitivity

Price sensitivity is a notable constraint in the India ceiling tiles market. While there is a growing demand for ceiling tiles due to construction projects and increasing urbanization, the market is hindered by consumers' cost-conscious behavior. Many consumers and businesses are price-sensitive and opt for more cost-effective solutions. This preference for lower-cost alternatives can limit the adoption of ceiling tiles, impacting market growth. To overcome this restraint, manufacturers and sellers need to strike a balance between quality and pricing, offering competitive options that cater to the price-sensitive segment while maintaining product quality and performance.

Impact of COVID-19 on India Ceiling Tiles Market

COVID-19 pandemic adversely affected the India ceiling tiles market. Lockdowns, disrupted supply chains, and economic uncertainties led to project delays and a temporary reduction in construction activities. A slowdown in commercial and residential construction, coupled with financial constraints, affected the demand for ceiling tiles. However, as lockdowns eased, the market showed signs of recovery, with increased emphasis on using ceiling tiles for hygiene and safety in public spaces. The need for improved indoor air quality and acoustic solutions also contributed to the market's resilience. The pandemic accelerated the adoption of innovative ceiling solutions, which, over time, positively impacted market growth.

India Ceiling Tiles Market

Segmental Coverage

India Ceiling Tiles Market – By Product Type

Based on product type, the India ceiling tiles market is divided into Calcium Silicate, PVC, Gypsum, Mineral Fiber, Metallic, and Wood segments. The mineral fiber segment holds the highest share in the India ceiling tiles market by product type. Mineral fiber ceiling tiles are known for their exceptional acoustic insulation and fire resistance properties, making them ideal for various applications. Additionally, they offer cost-effectiveness, easy installation, and aesthetic appeal. As the construction industry in India continues to grow, and there is an increasing emphasis on creating energy-efficient and acoustically sound spaces, the demand for mineral fiber ceiling tiles is expected to remain high, contributing to their prominent market share during the forecast period.

India Ceiling Tiles Market – By Application

On the basis of application, the India ceiling tiles market is bifurcated into Residential Applications and Non-Residential Applications segments. The non-residential applications segment holds a higher share in the India ceiling tiles market by application. In these settings, ceiling tiles are extensively used to enhance interior aesthetics and functionality. They provide acoustic insulation, fire resistance, and improved air quality, making them indispensable for creating comfortable and safe environments. The growing number of commercial spaces, corporate offices, healthcare facilities, and hospitality establishments in India has led to increased demand for ceiling tiles in non-residential applications. As these sectors continue to expand, the prevalence of ceiling tiles remains high, driving their substantial market share. Also, the non-residential applications include private sector and public sector.

India Ceiling Tiles Market – By Region

Regionally, the India ceiling tiles market is divided into North India, South India, East India, and West India.

Competitive Landscape

Major players operating in the India ceiling tiles market include Aerolite Industries Pvt Ltd, Everest Industries Limited, Hunter Douglas India Pvt Ltd (Hunter Douglas N.V.), India Gypsum Pvt Ltd, 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, and Visaka Industries Limited. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

By Product Type

• Calcium Silicate

• PVC

• Gypsum

• Mineral Fiber

• Metallic

• Wood

By Application

• Residential Applications

• Non-Residential Applications

By Region

• North India

• South India

• East India

• West India

1. Research Framework
   1. Research Objective
   2. Product Type Overview
   3. Market Segmentation
2. Executive Summary
3.  India Ceiling Tiles Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Growth in construction industry in India
         2. Ongoing urbanization trend in India
      2. Restraints
         1. Price sensitivity
         2. Competition from alternatives
      3. Opportunities
         1. Green building trends
         2. Innovative designs
      4. Challenges
         1. Quality control
         2. Installation and maintenance
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4.  India Ceiling Tiles Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share and Forecast
      1. By Product Type
         1. Calcium Silicate
         2. PVC
         3. Gypsum
         4. Mineral Fiber
         5. Metallic
         6. Wood
         7. Others
      2. By Application
         1. Residential Applications
         2. Non-Residential Applications
            1. Private Sector
            2. Public Sector
      3. By Region
         1. North India
         2. South India
         3. East India
         4. West India
5. North India Ceiling Tiles Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product Type
      2. By Application
6. South India Ceiling Tiles Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product Type
      2. By Application
7. East India Ceiling Tiles Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product Type
      2. By Application
8. West India Ceiling Tiles Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product Type
      2. By Application
9. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. India Ceiling Tiles Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India Ceiling Tiles Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Aerolite Industries Pvt Ltd
    2. Everest Industries Limited
    3. Hunter Douglas India Pvt Ltd (Hunter Douglas N.V.)
    4. India Gypsum Pvt Ltd
    5. Ramco Industries Limited
    6. Saint-Gobain Gyproc India Ltd (Compagnie de Saint-Gobain S.A.)
    7. Techno Ceiling Products
    8. USG Boral Building Products India Pvt Ltd
    9. VANS Gypsum Pvt Ltd
    10. Visaka Industries Limited
    11. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
    1.    Qualitative Research
       1.  Primary & Secondary Research
    2.    Quantitative Research
    3.    Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.    Breakdown of Primary Research Respondents, By Region
    5.    Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1       India Ceiling Tiles  Segmentation

Figure 2       India Ceiling Tiles Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       India Ceiling Tiles Market Size, By Value (USD Million), 2019–2029

Figure 5       India Ceiling Tiles Market Share, By Product Type, By Value, 2019–2029

Figure 6       India Ceiling Tiles Market Share, By Application, By Value, 2019–2029

Figure 7       India Ceiling Tiles Market Share, By Region, By Value, 2019–2029

Figure 8       North India Ceiling Tiles Market Size, By Value (USD Million), 2019–2029

Figure 9       North India Ceiling Tiles Market Share, By Product Type, By Value, 2019–2029

Figure 10     North India Ceiling Tiles Market Share, By Application, By Value, 2019–2029

Figure 11    

Figure 12     South India Ceiling Tiles Market Size, By Value (USD Million), 2019–2029

Figure 13     South India Ceiling Tiles Market Share, By Application, By Value, 2019–2029

Figure 14     East India Ceiling Tiles Market Size, By Value (USD Million), 2019–2029

Figure 15     East India Ceiling Tiles Market Share, By Product Type, By Value, 2019–2029

Figure 16     East India Ceiling Tiles Market Share, By Application, By Value, 2019–2029

Figure 17     West India Ceiling Tiles Market Size, By Value (USD Million), 2019–2029

Figure 18     West India Ceiling Tiles Market Share, By Product Type, By Value, 2019–2029

Figure 19     West India Ceiling Tiles Market Share, By Application, By Value, 2019–2029

List of Tables

Table 1        India Ceiling Tiles Market Size, By Value (USD Million), 2019–2029

Table 2         India Ceiling Tiles Market Size, By Product Type, By Value, 2019–2029

Table 3         India Ceiling Tiles Market Size, By Application, By Value, 2019–2029

Table 4        India Ceiling Tiles Market Size, By Region, By Value, 2019–2029

Table 5        North India Ceiling Tiles Market Size, By Value (USD Million), 2019–2029

Table 6        North India Ceiling Tiles Market Size, By Product Type, By Value, 2019–2029

Table 7        North India Ceiling Tiles Market Size, By Application, By Value, 2019–2029

Table 8        South India Ceiling Tiles Market Size, By Value (USD Million), 2019–2029

Table 9        South India Ceiling Tiles Market Size, By Product Type, By Value, 2019–2029

Table 10      South India Ceiling Tiles Market Size, By Application, By Value, 2019–2029

Table 11      East India Ceiling Tiles Market Size, By Value (USD Million), 2019–2029

Table 12      East India Ceiling Tiles Market Size, By Product Type, By Value, 2019–2029

Table 13      East India Ceiling Tiles Market Size, By Application, By Value, 2019–2029

Table 14      West India Ceiling Tiles Market Size, By Value (USD Million), 2019–2029

Table 15      West India Ceiling Tiles Market Size, By Product Type, By Value, 2019–2029

Table 16      West India Ceiling Tiles Market Size, By Application, By Value, 2019–2029

Table 17      Aerolite Industries Pvt Ltd Company Overview

Table 18      Aerolite Industries Pvt Ltd Financial Overview

Table 19      Everest Industries Limited Company Overview

Table 20      Everest Industries Limited Financial Overview

Table 21      Hunter Douglas India Pvt Ltd (Hunter Douglas N.V.) Company Overview

Table 22      Hunter Douglas India Pvt Ltd (Hunter Douglas N.V.) Financial Overview

Table 23      India Gypsum Pvt Ltd Company Overview

Table 24      India Gypsum Pvt Ltd Financial Overview

Table 25      Ramco Industries Limited Company Overview

Table 26      Ramco Industries Limited Financial Overview

Table 27      Saint-Gobain Gyproc India Ltd (Compagnie de Saint-Gobain S.A.) Company Overview

Table 28      Saint-Gobain Gyproc India Ltd (Compagnie de Saint-Gobain S.A.) Financial Overview

Table 29      Techno Ceiling Products Company Overview

Table 30      Techno Ceiling Products Financial Overview

Table 31      USG Boral Building Products India Pvt Ltd Company Overview

Table 32      USG Boral Building Products India Pvt Ltd Financial Overview

Table 33      VANS Gypsum Pvt Ltd Company Overview

Table 34      VANS Gypsum Pvt Ltd Financial Overview

Table 35      Visaka Industries Limited Company Overview

Table 36      Visaka Industries Limited Financial Overview