Architectural Acoustic Panels Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Architectural Acoustic Panels Market
The Architectural Acoustic Panels Market size was valued at USD 7.87 billion in 2023, and the market is now projected to grow from USD 8.26 billion in 2024 to USD 12.26 billion by 2032, exhibiting a CAGR of 5.0% during the forecast period of 2023-2030.
The COVID-19 pandemic was unpredictable and challenging, and lower the demand for multiple projects on-going in the market across all regions, hampers the Architectural Acoustic Panels Market Growth. Construction projects either got delayed or canceled, which caused breakage in the architectural acoustic panels market growth. After the draining situation created by pandemic when the market started again with easy lockdown restrictions, the industries were finding ways to recover and gradually keeping up with the evolving demand.
Restaurant and hotel businesses are very concern about their first impression and they want everything to look good, smell good, and sound good. These businesses are keeping their focus on reducing noises in lobbies and rooms, and do not want to hamper customer’s peace and experience. Guests will avoid such type of place where their first stay sounded horribly. These businesses are working on the sound quality in convention halls and banquet rooms and preferring their hotel location to be a primary location. All these factors will enhance these businesses and eventually expand the Architectural Acoustic Panels Market Share. To give their customer aesthetically appealing and sophisticatedly comfortable experience in place, The JHD Dunant Hotel in Italy has installed sound absorption panels. These panels were made by Caruso Acoustic in restaurant & office. This has totally changed the environment and highlighted the key reason in regards to excessive noises and their effects on hospitality sectors.
By adopting sustainability manufacturers of architectural acoustic panels are showing their commitment over environmental responsibilities and its protection. These pups all the way sourced from sustainably harvested Swedish Pine and fir trees. After using them the result was amazing and it was proved that these decorative panels are very effective in the soundproofing of various environments, such as homes, restaurants, office spaces, classrooms, and more.
Comprehensive Analysis of Architectural Acoustic Panels Market
The Architectural Acoustic Panels Market market and Chemicals & Advanced Materials industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the material management industry. These segmentations are methodically segregated By Product Type Analysis and By Application Analysis. The types of product include, Metal Acoustic Panels, Plastic Acoustic Panels, Wood Acoustic Panels, & Others. However, the application analysis includes Residential, Commercial, & Industrial.
According to reports, in 2023 The Asia Pacific Market size was USD 3.63 Billion and the region has dominated the Architectural Acoustic Panels Market. Primary countries of the region such as India, China are witnessing rapid industrialisation, with Foreign Direct Investment, leading to the region’s economic development. This growth has worked as a booster for the infrastructure industry and increasing the tourism and hospitality sector which indirectly boosted the consumption of the acoustic panels in the region.
The top players in the market play a crucial role in the chemical & material industry assuring industrial prospectus growth and setting market standards. These players include, Saint-Gobain (France), Armstrong (U.S.), Knauf Insulation (U.S.), Beijing New Building Material (China), Jiangsu Burgeree New Technology Materials Co, LTD. (China), Beiyang (China), Greener Acoustics (South Africa), Leeyin Acoustic Panel (China), Hunter Douglas (Netherlands), Hebei Bo Run-de (China), G&S Acoustics (U.S.), Vicoustic (Portugal), STAR-USG (China), these market players provide a level-playing competitive landscape.
Saint-Gobain India made an announcement in October 2023, that it will going to invest in Tamil Nadu about INR 3,400 Crore. It will be for various sectors and play as part of a large INR 8,000 crore initiatives for the state. Investment will be many facilities in the state such as glass wool, gypsum plasterboard, plaster, acoustic ceiling, float glass, solar glass, adhesives, sealants, mortars, and ceramics. This will be for expanding companies’ operations in the state.
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 5.0% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Product Type
Metal Acoustic Panels
Plastic Acoustic Panels
Wood Acoustic Panels
Others
By Application
Residential
Commercial
Industrial
By Geography
North America (By Product Type, By Application, By Country)
- U.S. (By Product Type)
- Canada (By Product Type)
- Mexico (By Product Type)
Europe (By Product Type, By Application, By Country)
- Germany (By Product Type)
- U.K. (By Product Type)
- France (By Product Type)
- Italy (By Product Type)
- Russia (By Product Type)
- Spain (By Product Type)
- Rest of Europe (By Product Type)
Asia Pacific (By Product Type, By Application, By Country)
- China (By Product Type)
- India (By Product Type)
- Japan (By Product Type)
- South Korea (By Product Type)
- ASEAN (By Product Type)
- Rest of Asia Pacific (By Product Type)
South America (By Product Type, By Application, By Country)
- Brazil (By Product Type)
- Argentina (By Product Type)
- Rest of South America (By Product Type)
Middle East & Africa (By Product Type, By Application, By Country)
- GCC (By Product Type)
- South Africa (By Product Type)
- Rest of Middle East & Africa (By Product Type)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Regions
- 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
- 4.3. Latest Technological Advancement
- 4.4. Insights on Regulatory Scenario
- 4.5. Porters Five Forces Analysis
- 4.6. Impact of COVID-19 on the Market
- 5. Global Architectural Acoustic Panels Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. By Product Type (Value)
- 5.2.1. Metal Acoustic Panels
- 5.2.2. Plastic Acoustic Panels
- 5.2.3. Wood Acoustic Panels
- 5.2.4. Others
- 5.3. By Application (Value)
- 5.3.1. Residential
- 5.3.2. Commercial
- 5.3.3. Industrial
- 5.4. By Region (Value)
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 6. North America Architectural Acoustic Panels Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. By Product Type (Value)
- 6.2.1. Metal Acoustic Panels
- 6.2.2. Plastic Acoustic Panels
- 6.2.3. Wood Acoustic Panels
- 6.2.4. Others
- 6.3. By Application (Value)
- 6.3.1. Residential
- 6.3.2. Commercial
- 6.3.3. Industrial
- 6.4. By Country (Value)
- 6.4.1. The U.S.
- 6.4.1.1. By Product Type
- 6.4.1.1.1. Metal Acoustic Panels
- 6.4.1.1.2. Plastic Acoustic Panels
- 6.4.1.1.3. Wood Acoustic Panels
- 6.4.1.1.4. Others
- 7. 6.4.1.2.
- 7.1.
- 7.1.1. Canada
- 7.1.1.1. By Product Type
- 7.1.1.1.1. Metal Acoustic Panels
- 7.1.1.1.2. Plastic Acoustic Panels
- 7.1.1.1.3. Wood Acoustic Panels
- 7.1.1.1.4. Others
- 7.1.2. Mexico
- 7.1.2.1. By Product Type
- 7.1.2.1.1. Metal Acoustic Panels
- 7.1.2.1.2. Plastic Acoustic Panels
- 7.1.2.1.3. Wood Acoustic Panels
- 7.1.2.1.4. Others
- 8. Europe Architectural Acoustic Panels Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. By Product Type (Value)
- 8.2.1. Metal Acoustic Panels
- 8.2.2. Plastic Acoustic Panels
- 8.2.3. Wood Acoustic Panels
- 8.2.4. Others
- 8.3. By Application (Value)
- 8.3.1. Residential
- 8.3.2. Commercial
- 8.3.3. Industrial
- 8.4. By Country (Value)
- 8.4.1. Germany
- 8.4.1.1. By Product Type
- 8.4.1.1.1. Metal Acoustic Panels
- 8.4.1.1.2. Plastic Acoustic Panels
- 8.4.1.1.3. Wood Acoustic Panels
- 8.4.1.1.4. Others
- 8.4.2. UK
- 8.4.2.1. By Product Type
- 8.4.2.1.1. Metal Acoustic Panels
- 8.4.2.1.2. Plastic Acoustic Panels
- 8.4.2.1.3. Wood Acoustic Panels
- 8.4.2.1.4. Others
- 8.4.3. France
- 8.4.3.1. By Product Type
- 8.4.3.1.1. Metal Acoustic Panels
- 8.4.3.1.2. Plastic Acoustic Panels
- 8.4.3.1.3. Wood Acoustic Panels
- 8.4.3.1.4. Others
- 8.4.4. Italy
- 8.4.4.1. By Product Type
- 8.4.4.1.1. Metal Acoustic Panels
- 8.4.4.1.2. Plastic Acoustic Panels
- 8.4.4.1.3. Wood Acoustic Panels
- 8.4.4.1.4. Others
- 8.4.5. Russia
- 8.4.5.1. By Product Type
- 8.4.5.1.1. Metal Acoustic Panels
- 8.4.5.1.2. Plastic Acoustic Panels
- 8.4.5.1.3. Wood Acoustic Panels
- 8.4.5.1.4. Others
- 8.4.6. Spain
- 8.4.6.1. By Product Type
- 8.4.6.1.1. Metal Acoustic Panels
- 8.4.6.1.2. Plastic Acoustic Panels
- 8.4.6.1.3. Wood Acoustic Panels
- 8.4.6.1.4. Others
- 8.4.7. Rest of Europe
- 8.4.7.1. By Product Type
- 8.4.7.1.1. Metal Acoustic Panels
- 8.4.7.1.2. Plastic Acoustic Panels
- 8.4.7.1.3. Wood Acoustic Panels
- 8.4.7.1.4. Others
- 9. Asia Pacific Architectural Acoustic Panels Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. By Product Type (Value)
- 9.2.1. Metal Acoustic Panels
- 9.2.2. Plastic Acoustic Panels
- 9.2.3. Wood Acoustic Panels
- 9.2.4. Others
- 9.3. By Application (Value)
- 9.3.1. Residential
- 9.3.2. Commercial
- 9.3.3. Industrial
- 9.4. By Country (Value)
- 9.4.1. China
- 9.4.1.1. By Product Type
- 9.4.1.1.1. Metal Acoustic Panels
- 9.4.1.1.2. Plastic Acoustic Panels
- 9.4.1.1.3. Wood Acoustic Panels
- 9.4.1.1.4. Others
- 9.4.2. India
- 9.4.2.1. By Product Type
- 9.4.2.1.1. Metal Acoustic Panels
- 9.4.2.1.2. Plastic Acoustic Panels
- 9.4.2.1.3. Wood Acoustic Panels
- 9.4.2.1.4. Others
- 9.4.3. Japan
- 9.4.3.1. By Product Type
- 9.4.3.1.1. Metal Acoustic Panels
- 9.4.3.1.2. Plastic Acoustic Panels
- 9.4.3.1.3. Wood Acoustic Panels
- 9.4.3.1.4. Others
- 9.4.4. South Korea
- 9.4.4.1. By Product Type
- 9.4.4.1.1. Metal Acoustic Panels
- 9.4.4.1.2. Plastic Acoustic Panels
- 9.4.4.1.3. Wood Acoustic Panels
- 9.4.4.1.4. Others
- 9.4.5. ASEAN
- 9.4.5.1. By Product Type
- 9.4.5.1.1. Metal Acoustic Panels
- 9.4.5.1.2. Plastic Acoustic Panels
- 9.4.5.1.3. Wood Acoustic Panels
- 9.4.5.1.4. Others
- 9.4.6. Rest of Asia Pacific
- 9.4.6.1. By Product Type
- 9.4.6.1.1. Metal Acoustic Panels
- 9.4.6.1.2. Plastic Acoustic Panels
- 9.4.6.1.3. Wood Acoustic Panels
- 9.4.6.1.4. Others
- 10. South America Architectural Acoustic Panels Market Analysis, Insights and Forecast, 2019-2032
- 10.1. Key Findings / Summary
- 10.2. By Product Type (Value)
- 10.2.1. Metal Acoustic Panels
- 10.2.2. Plastic Acoustic Panels
- 10.2.3. Wood Acoustic Panels
- 10.2.4. Others
- 10.3. By Application (Value)
- 10.3.1. Residential
- 10.3.2. Commercial
- 10.3.3. Industrial
- 10.4. By Country (Value)
- 10.4.1. Brazil
- 10.4.1.1. By Product Type
- 10.4.1.1.1. Metal Acoustic Panels
- 10.4.1.1.2. Plastic Acoustic Panels
- 10.4.1.1.3. Wood Acoustic Panels
- 10.4.1.1.4. Others
- 10.4.2. Argentina
- 10.4.2.1. By Product Type
- 10.4.2.1.1. Metal Acoustic Panels
- 10.4.2.1.2. Plastic Acoustic Panels
- 10.4.2.1.3. Wood Acoustic Panels
- 10.4.2.1.4. Others
- 10.4.3. Rest of South America
- 10.4.3.1. By Product Type
- 10.4.3.1.1. Metal Acoustic Panels
- 10.4.3.1.2. Plastic Acoustic Panels
- 10.4.3.1.3. Wood Acoustic Panels
- 10.4.3.1.4. Others
- 11. Middle East & Africa Architectural Acoustic Panels Market Analysis, Insights and Forecast, 2019-2032
- 11.1. Key Findings / Summary
- 11.2. By Product Type (Value)
- 11.2.1. Metal Acoustic Panels
- 11.2.2. Plastic Acoustic Panels
- 11.2.3. Wood Acoustic Panels
- 11.2.4. Others
- 11.3. By Application (Value)
- 11.3.1. Residential
- 11.3.2. Commercial
- 11.3.3. Industrial
- 11.4. By Country (Value)
- 11.4.1. GCC
- 11.4.1.1. By Product Type
- 11.4.1.1.1. Metal Acoustic Panels
- 11.4.1.1.2. Plastic Acoustic Panels
- 11.4.1.1.3. Wood Acoustic Panels
- 11.4.1.1.4. Others
- 11.4.2. South Africa
- 11.4.2.1. By Product Type
- 11.4.2.1.1. Metal Acoustic Panels
- 11.4.2.1.2. Plastic Acoustic Panels
- 11.4.2.1.3. Wood Acoustic Panels
- 11.4.2.1.4. Others
- 11.4.3. Rest of MEA
- 11.4.3.1. By Product Type
- 11.4.3.1.1. Metal Acoustic Panels
- 11.4.3.1.2. Plastic Acoustic Panels
- 11.4.3.1.3. Wood Acoustic Panels
- 11.4.3.1.4. Others
- 12. Company Profiles
- 12.1. Saint-Gobain
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Product Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.2. Armstrong
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Product Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.3. Knauf-Insulation
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Product Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.4. Beijing New Building Material
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Product Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.5. Jiangsu Burgeree New Technology Materials Co, LTD
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Product Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.6. Beiyang
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Product Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.7. Greener Acoustics
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Product Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.8. Leeyin Acoustic Panel
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Product Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.9. Hunter Douglas
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Product Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.10. Hebei Bo Run-de
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Product Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 12.11. G&S Acoustics
- 12.11.1. Overview
- 12.11.2. Description
- 12.11.3. Product Portfolio
- 12.11.4. Financials (Data as available in public domain and/or on paid databases)
- 12.11.5. Recent Developments
- 12.12. Abstracta
- 12.12.1. Overview
- 12.12.2. Description
- 12.12.3. Product Portfolio
- 12.12.4. Financials (Data as available in public domain and/or on paid databases)
- 12.12.5. Recent Developments
- 12.13. Vicoustic
- 12.13.1. Overview
- 12.13.2. Description
- 12.13.3. Product Portfolio
- 12.13.4. Financials (Data as available in public domain and/or on paid databases)
- 12.13.5. Recent Developments
- 12.14. STAR-USG
- 12.14.1. Overview
- 12.14.2. Description
- 12.14.3. Product Portfolio
- 12.14.4. Financials (Data as available in public domain and/or on paid databases)
- 12.14.5. Recent Developments
- 13. Strategic Recommendation
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