According to a recent market study published by Growth Market Reports (GMR), titled, “Saudi Arabia Ceiling Tiles Market by material types, property type, and by end users : Size, Share, Trends and Opportunity Analysis, 2017-2027″, the market was valued at USD 270.6 Million in 2019 and is expected to grow at a healthy growth rate of 7.2% by the year 2027. The Saudi Arabia ceiling tiles market is anticipated to grow significantly during forecast period due to rise in number of construction activities. Moreover, strong growth in interior decorating market is driving demand for ceiling tiles in Saudi Arabia.
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Saudi Arabia ceiling tiles market has been fragmented based on material types, property type, and by end users. In terms of material types, the Saudi Arabia ceiling tiles market is categorized as mineral fiber, metal, gypsum, wood, and others. Based on property type, the market is classified as acoustic and non-acoustic. In terms of end-users, the market is segregated into residential and non- residential.
The effect of COVID-19 pandemic situation has led to the closure of several non-essential businesses reducing the demand for industrial goods in the world, which in turn, is affecting several industries worldwide. The COVID-19 pandemic has slowed down the production activities across Ceiling tiles manufacturing units worldwide, the demand for ceiling tiles has declined throughout the pandemic. As construction and renovation activities are halted temporarily in Saudi Arabia during the lockdown period. The global supply chain has slowed down due to restrictions on national borders. Inadequate ancillary supplies such as raw materials used for the manufacturing ceiling tiles are expected to hamper the market during the forecast period, as supply shortages lead to pricing volatility; however, this is expected to create opportunities for domestic players. The crisis is likely to force some companies to think about changing their business models. Regarding the ceiling tiles market as demand has been growing at low growth rate during pandemic situation, ceiling tiles production has stopped or halted and the market is expected to witness sluggish growth post COVID.
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As per GMR industry analyst Vidya Jadhav, “The increasing expenditure on aesthetically pleasing looks of interior of the building across residential and non-residential areas in Saudi Arabia is anticipated to drive the growth of ceiling tiles market significantly. Moreover, the rising awareness about personal health and growing popularity of eco-friendly and sustainable materials for the production of ceiling tiles are anticipated to create lucrative opportunity for Saudi Arabia ceiling tiles market during forecast period.”
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Report Metric |
Details |
Market Value in 2019 |
USD 270.6 Million |
Market Growth Rate (from 2021 to 2027) |
7.2% |
Historical Data |
2017 & 2018 |
Base Year |
2019 |
Forecast Period |
2020 – 2027 |
Market Segments |
Material Types, Property Types, End Users |
Regional Scope |
North America, Europe, Latin America, Asia Pacific, Middle East & Africa (MEA) |
Country Scope |
Saudi Arabia |
Key Companies Profiled |
Al Danube Building Materials LLC, Ceilume, Compagnie de Saint-Gobain SA, Gebr. Knauf KG, Hunter Douglas N.V., Mada Gypsum, Odenwald Faserplattenwerk GmbH, SAS International, RAM Metal Industries LLC, United Mining Industries |
Customization Scope |
Report customization available on request |
Pricing and Purchase Options |
Avail tailor-made purchase options to meet your research requirements. |
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