Ceiling Tiles Market Poised to Register 9.7% CAGR through 2019 - 2029Posted by ankush Nikam on March 18th, 2020 VALLEY COTTAGE -- Sales of ceiling tiles are projected to inflate at an unprecedented rate on the back of soaring demand from building & construction industry. The global ceiling tiles market will witness stellar growth at 9.7% CAGR over the forecast period (2019-2029). High net worth income of consumers in developed economies, along with spurring renovation activities, would contribute substantially to overall market performance, projects a new Future Market Insights (FMI) study. “Consumers have greater predilection for environmentally-friendly ceiling tiles. Leading global producers are thus focused on manufacturing low-VOC (volatile organic compounds) ceiling tiles. Low maintenance of ceiling tiles will be an important booster to market growth,” concludes the FMI report. Key Takeaways of Ceiling Tiles Market Study
Ceiling Tiles Market – Top Growth Drivers
Ceiling Tiles Market – Key Restraints
Competition Landscape of Ceiling Tiles Market FMI’s comprehensive study covers prominent players of highly-competitive ceiling tiles market. Some of the industry leaders profiled in this report include, but are not limited to, Grenzebach BSH GmbH, Burgess CEP, Decorative Ceiling Tiles, Hyderabad Industries Limited (HIL), Armstrong World Industries, Rockfon, New Ceiling Tiles, and Byucksan Corporation. Market leaders continue to employ multifaceted strategies including product development, contracts and agreements along with growth-oriented expansion strategies for bolstering their credibility. Press-release Source - https://www.globenewswire.com/news-release/2020/03/06/1996448/0/en/Sales-of-Ceiling-Tiles-Set-for-Dexterous-Growth-through-2029-Market-Receiving-Tailwinds-from-Green-Retrofit-Activities-Opines-FMI.html Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. Contact Us Like it? Share it!More by this author |