Global Architectural Acoustic Panels Market

Global Architectural Acoustic Panels Market Size, Share, Growth Analysis, By Technology(Air-source, ground-source), By Application(Residential, commercial) - Industry Forecast 2023-2030


Report ID: SQMIG15F2073 | Region: Global | Published Date: March, 2024
Pages: 184 | Tables: 63 | Figures: 75

Global Architectural Acoustic Panels Market Insights

Global Architectural acoustic panels market size was valued at USD 7.74 billion in 2022 and is poised to grow from USD 8.13 billion in 2023 to USD 12.01 billion by 2031, at a CAGR of 5% during the forecast period (2024- 2031).

The global architectural acoustic panels market is experiencing steady growth driven by the rising demand for noise reduction solutions in various sectors such as commercial, residential, and institutional.

These panels effectively enhance sound quality and aesthetics of spaces, fostering a comfortable environment.

The market's expansion is propelled by urbanization, increasing awareness of acoustic solutions, and stringent noise regulations.

With growing environmental awareness, there was a trend towards using sustainable and eco-friendly materials in architectural acoustic panels.

Manufacturers were exploring options like recycled materials, biodegradable components, and panels that contribute to indoor air quality improvement.

This trend aligned with the broader movement towards sustainable construction practices and green building certifications.

Key players are innovating with advanced materials and designs to cater to diverse customer preferences.

North America, Europe, and Asia-Pacific are prominent regions contributing to the market's evolution, with a projected upward trajectory due to the ongoing focus on acoustics in interior design.

US Architectural Acoustic Panels Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024- 2031

Global Market Size

USD 7.74 billion

Largest Segment

commercial

Fastest Growth

commercial

Growth Rate

5% CAGR

Global Architectural acoustic panels market by region
Country Share for North America (%)
Global Architectural acoustic panels market by application
Global Architectural acoustic panels market by application

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Global Architectural Acoustic Panels Market Segmental Analysis

The global architectural acoustic panels market can be segmented based on type, application, and region. Types include sound-absorbing panels, sound diffusers, and sound barriers. Applications span commercial, residential, and industrial sectors. Geographically, the market can be divided into North America, Europe, Asia Pacific, and the rest of the world.

Architectural Acoustic Panels Market Analysis By Type

The largest and fastest-growing segment in the architectural acoustic panels market can vary depending on market trends, technological advancements, and changing consumer preferences. However, historically, fabric-wrapped panels and perforated panels have been among the largest segments due to their widespread use in commercial and public spaces.

The fastest-growing segment can be influenced by factors such as advancements in acoustic panel technology, changes in architectural design trends, and increasing awareness about the importance of acoustic solutions in various environments. In recent years, there has been a growing interest in sustainable and environmentally friendly acoustic panels, which might contribute to the growth of segments that offer such solutions.

Architectural Acoustic Panels Market Analysis By Application

The largest and fastest-growing segment within the architectural acoustic panels market can vary based on trends, economic conditions, and technological advancements. However, historically, the commercial spaces segment has often been one of the largest and fastest-growing segments. This is due to the growing awareness among businesses about the importance of creating comfortable and productive work environments for their employees.

Commercial spaces are continuously evolving to prioritize employee well-being and productivity. Open office layouts, which were popular, often lead to increased noise levels, prompting the need for acoustic solutions. Acoustic panels not only reduce noise but also enhance speech intelligibility, contributing to better communication in collaborative settings.

Global Architectural acoustic panels market by application, 2022 (%)

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Global Architectural Acoustic Panels Market Regional Insights

North America, comprising the United States and Canada, has historically been a significant market for architectural acoustic panels due to the presence of large commercial spaces, educational institutions, and entertainment venues. The demand for improved acoustics in open office layouts and public spaces has driven growth in this region. European countries have shown strong interest in architectural acoustics, driven by factors such as stringent noise regulations, the need to enhance building aesthetics, and a focus on creating comfortable indoor environments. Countries like Germany, the UK, and France are major players in this market. The Asia-Pacific region, including countries like China, Japan, India, and Australia, has been witnessing rapid urbanization and infrastructure development. This has led to an increased demand for architectural acoustic solutions in various sectors, including commercial, residential, and hospitality.

Global Architectural acoustic panels market by geography, 2024- 2031
  • Largest
  • Fastest

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Global Architectural Acoustic Panels Market Dynamics

Architectural Acoustic Panels Market Drivers

Growing Awareness of Noise Pollution

  • As urbanization continues to increase, there is a heightened awareness of noise pollution in residential, commercial, and industrial spaces. Architectural acoustic panels are sought after to mitigate this issue by enhancing sound insulation and absorption.

Rising Demand for Aesthetic Solutions

  • Acoustic panels are not only functional but can also be designed to enhance the aesthetic appeal of a space. Many architects and interior designers are incorporating acoustic panels into their designs to create visually pleasing and acoustically comfortable environments.

Architectural Acoustic Panels Market Restraints

High Initial Costs

  • Acoustic panels often require specialized materials and manufacturing processes, which can contribute to higher initial costs compared to traditional building materials. This cost factor might deter some budget-sensitive projects from adopting these panels.

Limited Awareness and Education

  • Many potential customers, such as building owners, architects, and contractors, might not fully understand the benefits of acoustic panels or how to incorporate them effectively into their projects. This lack of awareness and education can hinder the broader adoption of these products.

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Global Architectural Acoustic Panels Market Competitive Landscape

The global architectural acoustic panels market features robust competition among key players striving for market share. Established companies like Gypsum Management and Supply (GMS), Armstrong World Industries, and CertainTeed Corporation offer a diverse range of high-performance acoustic solutions, leveraging their extensive industry experience. New entrants such as Acoustical Solutions and Baux showcase innovative designs and sustainable materials, challenging the status quo. This competitive landscape is characterized by product differentiation, technological advancements, and a focus on eco-friendly options to cater to the growing demand for effective noise control solutions in various architectural settings.

Architectural Acoustic Panels Market Top Player’s Company Profiles

  • Saint-Gobain (France)
  • Rockfon (Denmark)
  • Knauf Insulation (Germany)
  • Armstrong World Industries (USA)
  • USG Corporation (USA)
  • Owens Corning (USA)
  • Ecophon (Sweden)
  • Kirei USA (USA)
  • Texaa (France)
  • RPG Acoustical Systems (USA)
  • Abstracta (Sweden)
  • Acousticpearls (Germany)
  • G&S Acoustics (USA)
  • Acoustical Surfaces, Inc. (USA)
  • Decoustics (Canada)
  • Barrisol Normalu SAS (France)
  • Baux (Sweden)
  • Acoufelt (Australia)
  • Rodeca GmbH (Germany)
  • Snowsound USA (USA)

Architectural Acoustic Panels Market Recent Developments

  • In January 2024, recently delivered photos showcase the smooth glass exterior of The Henderson office building, planned by Zaha Hadid Architects, as construction progresses in Hong Kong's Focal Business District. The 36-story skyscraper is arriving at its final stages and is already garnering attention as a critical expansion to the city's skyline. Positioned adjacent to Chater Garden, it joins other iconic designs like IM Pei's Bank of China Tower and the HSBC building planned by Foster+ Partners, setting its status as another milestone in Hong Kong.

     

  • In February 2024, Google disclosed its New York headquarters, which was built inside a redesigned 1930s train terminal.

     

  • In December 2023, Quietspace's acoustic design upgrades coordinated effort and connectivity at SEEK for HQ in Melbourne.

Global Architectural Acoustic Panels Key Market Trends

  • Rising Demand for Noise Control in Open Spaces: The trend of open office spaces and contemporary architectural designs has led to a higher demand for acoustic solutions to control noise and reverberation. Acoustic panels are being increasingly integrated into interior design to create comfortable and productive environments. This trend was driven by the need to address the challenges posed by increased ambient noise levels in modern workspaces.
  • Innovative Panel Designs and Materials: Manufacturers were focusing on developing innovative acoustic panel designs and materials to cater to both functional and aesthetic requirements. Traditional fabric-wrapped panels were being complemented by new materials such as wood, metal, and even 3D-printed panels that added a decorative element to their acoustic properties. These innovative designs allowed architects and designers to incorporate acoustic solutions more seamlessly into their projects.

Global Architectural Acoustic Panels Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our analysis, the global architectural acoustic panels market is poised for significant growth due to escalating demand for noise reduction solutions in diverse sectors like commercial, residential, and hospitality. As urbanization intensifies and awareness about sound pollution rises, the market's prospects are promising. Technological advancements, innovative materials, and sustainable designs will likely drive adoption. Additionally, the growing emphasis on creating comfortable and productive environments will fuel the need for effective acoustic solutions. This market is expected to witness expansion as businesses and individuals seek aesthetically pleasing yet functional solutions to enhance acoustics, making it a focal point of architectural and interior design endeavors.

Report Metric Details
Market size value in 2022 USD 7.74 billion
Market size value in 2031 USD 12.01 billion
Growth Rate 5%
Base year 2022
Forecast period 2024- 2031
Forecast Unit (Value) USD Billion
Segments covered
  • Technology
    • Air-source, ground-source, and water-source heat pumps
  • Application
    • Residential, commercial, and industrial sectors
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Saint-Gobain (France)
  • Rockfon (Denmark)
  • Knauf Insulation (Germany)
  • Armstrong World Industries (USA)
  • USG Corporation (USA)
  • Owens Corning (USA)
  • Ecophon (Sweden)
  • Kirei USA (USA)
  • Texaa (France)
  • RPG Acoustical Systems (USA)
  • Abstracta (Sweden)
  • Acousticpearls (Germany)
  • G&S Acoustics (USA)
  • Acoustical Surfaces, Inc. (USA)
  • Decoustics (Canada)
  • Barrisol Normalu SAS (France)
  • Baux (Sweden)
  • Acoufelt (Australia)
  • Rodeca GmbH (Germany)
  • Snowsound USA (USA)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Architectural Acoustic Panels Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Architectural Acoustic Panels Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Architectural Acoustic Panels Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Architectural Acoustic Panels Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Architectural Acoustic Panels Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Architectural Acoustic Panels Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Architectural acoustic panels market size was valued at USD 7.74 billion in 2022 and is poised to grow from USD 8.13 billion in 2023 to USD 12.01 billion by 2031, at a CAGR of 5% during the forecast period (2024- 2031).

The global architectural acoustic panels market features robust competition among key players striving for market share. Established companies like Gypsum Management and Supply (GMS), Armstrong World Industries, and CertainTeed Corporation offer a diverse range of high-performance acoustic solutions, leveraging their extensive industry experience. New entrants such as Acoustical Solutions and Baux showcase innovative designs and sustainable materials, challenging the status quo. This competitive landscape is characterized by product differentiation, technological advancements, and a focus on eco-friendly options to cater to the growing demand for effective noise control solutions in various architectural settings. 'Saint-Gobain (France)', 'Rockfon (Denmark)', 'Knauf Insulation (Germany)', 'Armstrong World Industries (USA)', 'USG Corporation (USA)', 'Owens Corning (USA)', 'Ecophon (Sweden)', 'Kirei USA (USA)', 'Texaa (France)', 'RPG Acoustical Systems (USA)', 'Abstracta (Sweden)', 'Acousticpearls (Germany)', 'G&S Acoustics (USA)', 'Acoustical Surfaces, Inc. (USA)', 'Decoustics (Canada)', 'Barrisol Normalu SAS (France)', 'Baux (Sweden)', 'Acoufelt (Australia)', 'Rodeca GmbH (Germany)', 'Snowsound USA (USA)'

As urbanization continues to increase, there is a heightened awareness of noise pollution in residential, commercial, and industrial spaces. Architectural acoustic panels are sought after to mitigate this issue by enhancing sound insulation and absorption.

Rising Demand for Noise Control in Open Spaces: The trend of open office spaces and contemporary architectural designs has led to a higher demand for acoustic solutions to control noise and reverberation. Acoustic panels are being increasingly integrated into interior design to create comfortable and productive environments. This trend was driven by the need to address the challenges posed by increased ambient noise levels in modern workspaces.

North America, comprising the United States and Canada, has historically been a significant market for architectural acoustic panels due to the presence of large commercial spaces, educational institutions, and entertainment venues. The demand for improved acoustics in open office layouts and public spaces has driven growth in this region. European countries have shown strong interest in architectural acoustics, driven by factors such as stringent noise regulations, the need to enhance building aesthetics, and a focus on creating comfortable indoor environments. Countries like Germany, the UK, and France are major players in this market. The Asia-Pacific region, including countries like China, Japan, India, and Australia, has been witnessing rapid urbanization and infrastructure development. This has led to an increased demand for architectural acoustic solutions in various sectors, including commercial, residential, and hospitality.

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