Study #: 3719 | Published: 05/2019 | Pages: 183 | Individual User License: US$ 5,300

Growth in Construction Spending to Drive Ceiling Demand Gains

Demand for ceiling products in the US is forecast to increase 2.9% through 2023 to $2.5 billion. Gains will be driven by an acceleration in commercial renovation activity and the construction of new offices, retail buildings, and institutional structures. Additionally, the increased adoption of high-value ceiling tiles will boost demand gains. Gains will be restrained by the increased popularity of open plenum designs in commercial building and the continued dominance of non-ceiling products such as drywall in the residential market.

Commercial Market to Continue to Drive Ceiling Product Sales

The commercial market accounted for over 90% of total ceiling products demand in 2018, and will drive gains through 2023. A pickup in growth in commercial building improvement and repair spending will bolster ceiling product demand, as will the increased use of higher quality ceiling tiles and specialty products. Further supporting sales advances will be the construction of new institutional, office, and other commercial buildings.

Ceiling Tiles to Account for Largest Share of Demand Growth

Ceiling tiles will account for the largest single share of ceiling product demand gains through 2023. Standard ceiling tiles are expected to remain the most commonly used tile by performance grade because of their low cost. However, demand for higher quality tile products that provide superior aesthetic and sound control properties will grow at an above average pace over this period.

Suspension Systems and Specialty Products to Register the Fastest Growth

Demand for both specialty products and suspension systems will grow at an above average pace through 2023. Specialty ceilings demand will be bolstered by the rising use of clouds and stretch ceilings in large open rooms such as big box stores, convention centers, and transportation hubs. Suspension systems demand will be driven in part by the adoption of high-value materials such as aluminum, which provide a more modern aesthetic to ceilings, are corrosion resistant, and are suitable for use in healthcare facilities and cleanroom environments.

Study Coverage

This Freedonia study analyzes the US ceiling market. It presents historical demand (2008, 2013, 2018) and forecasts for 2023 and 2028 by product (ceiling tiles, suspension systems, specialty ceilings, and other ceiling products), market (new commercial, commercial improvement and repair, new residential, residential improvement and repair), and region (Northeast, Midwest, South, West) in current dollar terms. Square foot demand is also provided for ceiling tiles. In addition, the study analyzes company market share for competitors such Armstrong World Industries, Rockwool, Saint-Gobain, and USG.


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Table of Contents

EXECUTIVE SUMMARY

OVERVIEW

Key Findings

Historical Market Trends

Ceiling Demand by Product

Pricing Trends

Regulatory & Environmental Considerations

Regulations

Regional Building Codes

Seismic Performance

Fire Safety Standards

Sound Control

Energy Efficiency

Indoor Air Quality

Recycling

Competitive Ceiling Products

Ceiling Alternatives by Market

Drywall & Ceiling Textures

Open Plenum (Open Deck)

Competitive Strategies for Ceiling Manufacturers

Global Ceiling Demand Trends

CEILING TILES

Key Findings

Product Description & Scope

Demand Forecast

Demand by Performance Grade

Grades & Performance Comparisons

Ceiling Tiles Performance Grades: Demand Forecast

Standard

Good

Better

Best

Demand by Material

Ceiling Tile Materials: Demand Forecast

Wet Felt

Metal

Fiberglass

Wood, Gypsum, & Other Materials

Demand by Market

Ceiling Tiles: Demand Forecast

Ceiling Tiles: Commercial Buildings

Ceiling Tiles: Residential Buildings

Suppliers

SUSPENSION SYSTEMS

Key Findings

Description & Scope

Demand by Material (Steel, Aluminum, & Others)

Demand by Market

Suspension System Markets: Demand Forecast

Commercial Suspension Systems

Residential Suspension Systems

Suppliers

SPECIALTY CEILINGS

Key Findings

Description & Scope

Demand by Product Type

Specialty Ceilings: Demand Forecast

Clouds (Canopies)

Baffles

Stretch Ceilings & Other Specialty Ceiling Products

Demand by Market

Specialty Ceilings: Demand Forecast

Specialty Ceilings: Commercial Buildings

Specialty Ceilings: Residential Buildings

Suppliers

CEILING ACCESSORIES

Key Findings

Description & Scope

Demand by Product Type

Demand by Market

Ceiling Accessories: Demand Forecast

Ceiling Accessories: Commercial Buildings

Ceiling Accessories: Residential Buildings

MARKETS

Key Findings

Demand by Market

Commercial Ceiling Demand

Commercial Ceilings: Demand Forecast

New Commercial

Commercial Renovation

Commercial Building Types

Demand by Building Type

Institutional

Office

Trade & Lodging

Other Commercial Buildings

Residential Ceiling Demand

Residential Buildings: Demand Forecast

New Residential

Residential Renovation

REGIONS

Key Findings

Demand by Region

Northeast

Midwest

South

West

INDUSTRY STRUCTURE

Key Findings & Industry Composition

Market Share

Competitive Strategies

Vertical & Horizontal Integration

New Product Development & Manufacturing

Aesthetics, Performance, & the Influence of Technology

Building Design Trends

Ceiling Tile Manufacturing

Marketing & Distribution

Cooperative Agreements

Mergers & Acquisitions

List of Industry Participants

APPENDIX

Scope

Definitions

Abbreviations

Freedonia Methodology

Study-Specific Methodology

Sources

Associations & Agencies

Related Studies & Reports

Macroeconomic Assumptions

Economic Environment

Demographics

Consumer Spending

Consumer Financing

Building Construction

Residential Building Construction

Residential Improvements & Repairs

Commercial Building Construction

Commercial Building Improvements & Repairs


List of Tables

OVERVIEW

Table 2-1 | Historical Ceiling Demand Trends, 2008 - 2018 (million dollars)

Table 2-2 | Ceiling Demand by Product, 2008 - 2028 (million dollars)

Table 2-3 | Ceiling Pricing by Product, 2008 - 2028

CEILING TILES

Table 3-1 | Ceiling Tile Demand, 2008 - 2028 (million dollars & million square feet)

Table 3-2 | Ceiling Tile Grades

Table 3-3 | Ceiling Attenuation Performance Measures

Table 3-4 | Ceiling Tile Demand by Performance Grade, 2008 - 2028 (million dollars & million square feet)

Table 3-5 | Standard Ceiling Tile Demand, 2008 - 2028 (million dollars & million square feet)

Table 3-6 | Good Ceiling Tile Demand, 2008 - 2028 (million dollars & million square feet)

Table 3-7 | Better Ceiling Tile Demand, 2008 - 2028 (million dollars & million square feet)

Table 3-8 | Best Ceiling Tile Demand, 2008 - 2028 (million dollars & million square feet)

Table 3-9 | Ceiling Tile Demand by Material, 2008 - 2028 (million dollars & million square feet)

Table 3-10 | Wet Felt Ceiling Tile Demand, 2008 - 2028 (million dollars & million square feet)

Table 3-11 | Metal Ceiling Tile Demand, 2008 - 2028 (million dollars & million square feet)

Table 3-12 | Fiberglass Ceiling Tile Demand, 2008 - 2028 (million dollars & million square feet)

Table 3-13 | Wood, Gypsum, & Other Ceiling Tile Demand (million dollars & million square feet)

Table 3-14 | Ceiling Tile Demand by Market, 2008 - 2028 (million dollars)

Table 3-15 | Commercial Ceiling Tile Demand, 2008 - 2028 (million dollars & million square feet)

Table 3-16 | Residential Ceiling Tile Demand, 2008 - 2028 (million dollars & million square feet)

Table 3-17 | Ceiling Tiles: Selected US Suppliers

SUSPENSION SYSTEMS

Table 4-1 | Suspension System Demand by Material, 2008 - 2028 (million dollars)

Table 4-2 | Suspension System Materials: Advantages, Disadvantages, & Important Applications

Table 4-3 | Suspension System Demand by Market, 2008 - 2028 (million dollars)

Table 4-4 | Commercial Suspension System Demand, 2008 - 2028 (million dollars)

Table 4-5 | Residential Suspension System Demand, 2008 - 2028 (million dollars)

Table 4-6 | Suspension Systems: Selected US Suppliers

SPECIALTY CEILINGS

Table 5-1 | Selected Specialty Ceiling Products Descriptions

Table 5-2 | Specialty Ceiling Demand by Product Type, 2008 - 2028 (million dollars)

Table 5-3 | Specialty Ceiling Demand by Market, 2008 - 2028 (million dollars)

Table 5-4 | Commercial Specialty Ceiling Demand, 2008 - 2028 (million dollars)

Table 5-5 | Residential Specialty Ceiling Demand, 2008 - 2028 (million dollars)

Table 5-6 | Specialty Ceiling Products: Selected US Suppliers

CEILING ACCESSORIES

Table 6-1 | Selected Ceiling Accessory Descriptions

Table 6-2 | Ceiling Accessory Demand by Product Type, 2008 - 2028 (million dollars)

Table 6-3 | Ceiling Accessory Demand by Market, 2008 - 2028 (million dollars)

Table 6-4 | Commercial Ceiling Accessory Demand by Application, 2008 - 2028 (million dollars)

Table 6-5 | Residential Ceiling Accessory Demand by Application, 2008 - 2028 (million dollars)

MARKETS

Table 7-1 | Ceiling Demand by Market, 2008 - 2028 (million dollars & million square feet)

Table 7-2 | Commercial Ceiling Demand by Product & Application, 2008 - 2028 (million dollars & million square feet)

Table 7-3 | New Commercial Ceiling Demand by Product, 2008 - 2028 (million dollars & million square feet)

Table 7-4 | Commercial Renovation Ceiling Demand by Product, 2008 - 2028 (million dollars & million square feet)

Table 7-5 | Commercial Ceiling Demand by Building Type, 2008 - 2028 (million dollars)

Table 7-6 | Institutional Building Ceiling Demand by Product & Application, 2008 - 2028 (million dollars & million square feet)

Table 7-7 | Office Building Ceiling Demand by Product & Application, 2008 - 2028 (million dollars & million square feet)

Table 7-8 | Trade & Lodging Buildings Ceiling Demand by Product & Application, 2008 - 2028 (million dollars & million square feet)

Table 7-9 | Other Commercial Building Ceiling Demand by Product & Application, 2008 - 2028 (million dollars & million square feet)

Table 7-10 | Residential Ceiling Demand by Product, Application, & Housing Type, 2008 - 2028 (million dollars & million square feet)

Table 7-11 | New Residential Ceiling Demand, 2008 - 2028 (million dollars & million square feet)

Table 7-12 | Residential Renovation Ceiling Demand, 2008 - 2028 (million dollars & million square feet)

REGIONS

Table 8-1 | Ceiling Demand by Region, 2008 - 2028 (million dollars)

Table 8-2 | Northeast Ceiling Demand, 2008 - 2028 (million dollars)

Table 8-3 | Midwest Ceiling Demand, 2008 - 2028 (million dollars)

Table 8-4 | South Ceiling Demand, 2008 - 2028 (million dollars)

Table 8-5 | West Ceiling Demand, 2008 - 2028 (million dollars)

INDUSTRY STRUCTURE

Table 9-1 | US Ceiling Sales for Selected Companies, 2018 (million dollars)

Table 9-2 | Other Leading US Ceiling Product Suppliers

Table 9-3 | Selected US Ceiling Product Developments

Table 9-4 | Selected Mergers & Acquisitions

APPENDIX

Table 10-1 | Abbreviations & Acronyms Used in Study

Table 10-2 | Macroeconomic Indicators, 2008 - 2028 (billion 2012 dollars)

Table 10-3 | Population & Households, 2008 - 2028 (million persons)

Table 10-4 | Personal Consumption Expenditures, 2008 - 2028 (billion dollars)

Table 10-5 | Consumer Financing Environment, 2008 - 2018

Table 10-6 | Building Construction Expenditures, 2008 - 2028 (billion dollars)

Table 10-7 | Residential Building Construction Expenditures, 2008 - 2028 (billion dollars)

Table 10-8 | Residential Improvement & Repair Expenditures, 2008 - 2028 (billion dollars)

Table 10-9 | Commercial Building Construction Expenditures, 2008 - 2028 (billion dollars)

Table 10-10 | Commercial Building Improvement & Repair Expenditures, 2008 - 2023 (billion dollars)


List of Figures

EXECUTIVE SUMMARY

Figure 1-1 | Key Trends in the US Market for Ceiling Products

OVERVIEW

Figure 2-1 | Ceilings Market Overview

Figure 2-2 | US Ceiling Demand & Building Construction Spending, 2008 - 2018

Figure 2-3 | Competitive Ceiling Products: Advantages & Disadvantages

Figure 2-4 | Global Ceilings Product Demand by Region, 2018 (billion dollars)

CEILING TILES

Figure 3-1 | Ceiling Tile Market in the US

Figure 3-2 | Ceiling Tile: Key Features

Figure 3-3 | Ceiling Tile Demand Growth by Volume & Value, 2008 - 2028 (% CAGR)

Figure 3-4 | Ceiling Tile Demand Share by Performance Grade, 2008 - 2028 (million dollars)

Figure 3-5 | Ceiling Tile Demand Share by Material, 2008 - 2028 (million dollars)

Figure 3-6 | Wet Felt Ceiling Tiles: Advantages & Disadvantages

Figure 3-7 | Metal Ceiling Tiles: Advantages & Disadvantages

Figure 3-8 | Fiberglass Ceiling Tiles: Advantages & Disadvantages

Figure 3-9 | Wood, Gypsum, & Plastic Ceiling Tiles: Advantages & Disadvantages

SUSPENSION SYSTEMS

Figure 4-1 | Suspension System Market in the US

Figure 4-2 | Suspension Systems: Key Features

SPECIALTY CEILINGS

Figure 5-1 | Specialty Ceilings Market in the US

Figure 5-2 | Specialty Ceilings: Example Products

Figure 5-3 | Clouds: Applications & Key Features

Figure 5-4 | Baffles: Applications & Key Features

Figure 5-5 | Stretch Ceilings: Applications & Key Features

CEILING ACCESSORIES

Figure 6-1 | Ceiling Accessories Market in the US

MARKETS

Figure 7-1 | Key Trends in Ceiling Markets

REGIONS

Figure 8-1 | Regional Markets for Ceiling Products

Figure 8-2 | Ceiling Demand Share by Region, 2018 (billion dollars)

Figure 8-3 | Northeast: Ceiling Market

Figure 8-4 | Midwest: Ceiling Market

Figure 8-5 | South: Ceiling Market

Figure 8-6 | West: Ceiling Market

INDUSTRY STRUCTURE

Figure 9-1 | US Ceiling Market Share by Company, 2018 (billion dollars)

Figure 9-2 | US Ceiling Market Share by Company, 2008 - 2018 (percent total)

Figure 9-3 | Leading US Ceiling Supplier, 2018

Figure 9-4 | Second Leading US Ceiling Supplier, 2018

Figure 9-5 | Third Leading US Ceiling Supplier, 2018

Figure 9-6 | Fourth Leading US Ceiling Supplier, 2018

APPENDIX

Figure 10-1 | Annual Growth in Real GDP, 2000 - 2018, Compared to 1980 - 2005 Average (percent)

Figure 10-2 | Annual Population Growth, 2003 - 2018 (percent)


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