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China Architectural Acoustic Panels Market By Material (Plastic panels, Non-plastic panels), By Type (Horizontal acoustic panel, Vertical acoustic panel), By End-users (Commercial, Residential, Industrial): Opportunity Analysis and Industry Forecast, 2022-2031
Market Report I 2023-05-01 I 76 Pages I Allied Market Research
The China architectural acoustic panels market is expected to witness notable growth during the forecast period. This is attributed due to the relentless urbanization in China which has brought architectural acoustics to the forefront. In addition, the upsurge in the construction of commercial, residential, and industrial structures demands innovative solutions to reduce noise pollution and enhance acoustic comfort has fueled the market growth. Furthermore, the emphasis on sustainable and eco-friendly construction practices in China has created a niche for materials such as non-plastic panels which contribute toward the growth of the market.
However, the economic fluctuations and regulatory uncertainties act as a barrier to the market growth. In addition, the diversity of material choices brings complexities in the supply chain which restrains the growth of the market.
On the other hand, the China architectural acoustic panels market is brimming with opportunities. The demand for innovative acoustic solutions across borders and industries has led to the need for high-quality acoustic panels which offers lucrative opportunities for market players to explore export markets and expand their footprint beyond China. In addition, the integration of technology in acoustic panel design, such as IoT-enabled sound control, presents a new dimension of innovation and market expansion.
The China architectural acoustic panels market is shaped by a multitude of future trends. Rise in IoT-enabled acoustic panels which can remotely controlled and adjusted, offering real-time customization for acoustic conditions is the current trend. This trend not only caters to the demand for smart and adaptable spaces but also opens doors for data-driven acoustics optimization. Another significant trend is the complex regulatory in the market which has given rise to the need for harmonization. As different regions in China may have varying acoustic standards and regulations, manufacturers face the perplexing challenge of complying with diverse requirements. This complexity offers opportunities for regulatory bodies to standardize acoustic norms.
The China architectural acoustic panels market is segmented into material, type and end-user. On the basis of material, the market is bifurcated into plastic panels and non-plastic panels. By type, the market is divided into horizontal acoustic panels and vertical acoustic panels. Depending on the end-user, the market is classified into commercial, residential, and industrial.
Qualitative developments are pivotal in understanding the insights of the China architectural acoustic panels market. Manufacturers are focusing on new product development and innovation to address the dynamic needs of various industries. R&D are essential, as manufacturers strive to decode consumer and end-user perceptions. Manufacturers are exploring various pricing strategies to strike a balance between offering high-quality products and maintaining competitive pricing. The Porter's five forces analysis is a model, which analyzes the competitive scenario of the industry and role of each stakeholder. The five forces include the bargaining power of buyers, the bargaining power of suppliers, the threat of new entrants, the threat of substitutes, and the level of competitive rivalry. The level of competitive rivalry among existing players in the market is intense due to the quest for innovation and market share. Established manufacturers, and new entrants, compete for dominance, creating a dynamic and competitive environment. The bargaining power of supplier is multifaceted due to the presence of multiple options available for sourcing material. However, the uniqueness of certain materials, such as eco-friendly options, can empower specific suppliers. The bargaining power of buyer power varies depending on the sector. In the commercial and industrial sectors, buyers often have the upper hand due to the availability of multiple suppliers. In the residential sector, buyers may have limited options, granting more power to manufacturers. The threat of new entrants is a perplexing aspect of the market due to the competition, the high entry barriers, and the need for substantial investment in R&D, and compliance with stringent regulatory standards. The threat of substitutes is less due to the specialized nature of architectural acoustic panels. While alternative solutions such as soundproof curtains or acoustic wall art exist, often lack the versatility and performance of dedicated acoustic panels.
A SWOT analysis provides an overview of the China architectural acoustic panels market. It includes its internal strength, weakness, opportunities and threats. The market's strengths lie in its diversity of materials and applications. With both plastic and non-plastic panels catering to different needs, the market can adapt to evolving preferences and regulations. The demand across commercial, residential, and industrial sectors further diversifies the market, reducing dependence on a single sector. The weaknesses lie in the form of regulatory uncertainties. The lack of standardized acoustic norms across different regions in China can create logistical challenges for manufacturers. In addition, economic fluctuations can impact market stability, posing a potential weakness. The opportunities include the global demand for acoustic solutions. As businesses expand internationally, the market can explore new horizons beyond China. The integration of IoT technology offers a unique avenue for innovation, presenting endless opportunities for product development and market expansion. The threat lies in the intense competition and the need for ongoing R&D. As players compete for dominance, the risk of oversaturation and price wars looms. Manufacturers must continually invest in R&D to stay ahead in this dynamic landscape.
The key players operating in the China architectural acoustic panels market are Knauf Insulation, Saint-Gobain, ROCKWOOL Group, Armstrong World Industries, Inc., USG Corporation, Autex Industries, Beijing New Building Material (Group) Co., Ltd., Ecophon, Vicoustic, and Guangzhou Tiange Acoustic Co., Ltd.
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- SWOT Analysis
- Volume Market Size and Forecast
Key Market Segments
By Material
- Plastic panels
- Non-plastic panels
By Type
- Horizontal acoustic panel
- Vertical acoustic panel
- Distribution channel
- Online
- Offline
By End-users
- Commercial
- Residential
- Industrial
- Key Market Players
- Shanghai Yue Yi Plastic Group
- Aipeng Acoustics Technology Co
- Hangzhou Jinzheng Decorative Material Co
- Guangdong Baier Polymers Co
- Dongguan Mighty Sound Co
- Langfang Hebei Kunyuan Acoustics Co
- Shenzhen Honglink Technology Co
- Sichuan Shuangliang Automation Technology Co
- Changzhou Nover Soundproof Materials Co
- Shanghai Sunway Building Materials Co
CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits to the Stakeholders
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.3. Porter's Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET, BY MATERIAL
4.1. Overview
4.1.1. Market Size and Forecast, By Material
4.2. Plastic panels
4.3. Non-plastic panels
CHAPTER 5: CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET, BY TYPE
5.1. Overview
5.1.1. Market Size and Forecast, By Type
5.2. Horizontal acoustic panel
5.3. Vertical acoustic panel
CHAPTER 6: CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET, BY END-USERS
6.1. Overview
6.1.1. Market Size and Forecast, By End-users
6.2. Commercial
6.3. Residential
6.4. Industrial
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
8.1. Company 1
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Business performance
8.1.7. Key strategic moves and developments
8.2. Company 2
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Business performance
8.2.7. Key strategic moves and developments
8.3. Company 3
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. Business performance
8.3.7. Key strategic moves and developments
8.4. Company 4
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Business performance
8.4.7. Key strategic moves and developments
8.5. Company 5
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Business performance
8.5.7. Key strategic moves and developments
8.6. Company 6
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Business performance
8.6.7. Key strategic moves and developments
8.7. Company 7
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Business performance
8.7.7. Key strategic moves and developments
8.8. Company 8
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.8.6. Business performance
8.8.7. Key strategic moves and developments
8.9. Company 9
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.9.6. Business performance
8.9.7. Key strategic moves and developments
8.10. Company 10
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.10.6. Business performance
8.10.7. Key strategic moves and developments
LIST OF TABLES
TABLE 01. CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET, BY MATERIAL, 2021-2031 ($MILLION)
TABLE 02. CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 03. CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET, BY END-USERS, 2021-2031 ($MILLION)
TABLE 04. COMPANY 1: KEY EXECUTIVES
TABLE 05. COMPANY 1: COMPANY SNAPSHOT
TABLE 06. COMPANY 1: OPERATING SEGMENTS
TABLE 07. COMPANY 1: PRODUCT PORTFOLIO
TABLE 08. COMPANY 1: KEY STRATERGIES
TABLE 09. COMPANY 2: KEY EXECUTIVES
TABLE 10. COMPANY 2: COMPANY SNAPSHOT
TABLE 11. COMPANY 2: OPERATING SEGMENTS
TABLE 12. COMPANY 2: PRODUCT PORTFOLIO
TABLE 13. COMPANY 2: KEY STRATERGIES
TABLE 14. COMPANY 3: KEY EXECUTIVES
TABLE 15. COMPANY 3: COMPANY SNAPSHOT
TABLE 16. COMPANY 3: OPERATING SEGMENTS
TABLE 17. COMPANY 3: PRODUCT PORTFOLIO
TABLE 18. COMPANY 3: KEY STRATERGIES
TABLE 19. COMPANY 4: KEY EXECUTIVES
TABLE 20. COMPANY 4: COMPANY SNAPSHOT
TABLE 21. COMPANY 4: OPERATING SEGMENTS
TABLE 22. COMPANY 4: PRODUCT PORTFOLIO
TABLE 23. COMPANY 4: KEY STRATERGIES
TABLE 24. COMPANY 5: KEY EXECUTIVES
TABLE 25. COMPANY 5: COMPANY SNAPSHOT
TABLE 26. COMPANY 5: OPERATING SEGMENTS
TABLE 27. COMPANY 5: PRODUCT PORTFOLIO
TABLE 28. COMPANY 5: KEY STRATERGIES
TABLE 29. COMPANY 6: KEY EXECUTIVES
TABLE 30. COMPANY 6: COMPANY SNAPSHOT
TABLE 31. COMPANY 6: OPERATING SEGMENTS
TABLE 32. COMPANY 6: PRODUCT PORTFOLIO
TABLE 33. COMPANY 6: KEY STRATERGIES
TABLE 34. COMPANY 7: KEY EXECUTIVES
TABLE 35. COMPANY 7: COMPANY SNAPSHOT
TABLE 36. COMPANY 7: OPERATING SEGMENTS
TABLE 37. COMPANY 7: PRODUCT PORTFOLIO
TABLE 38. COMPANY 7: KEY STRATERGIES
TABLE 39. COMPANY 8: KEY EXECUTIVES
TABLE 40. COMPANY 8: COMPANY SNAPSHOT
TABLE 41. COMPANY 8: OPERATING SEGMENTS
TABLE 42. COMPANY 8: PRODUCT PORTFOLIO
TABLE 43. COMPANY 8: KEY STRATERGIES
TABLE 44. COMPANY 9: KEY EXECUTIVES
TABLE 45. COMPANY 9: COMPANY SNAPSHOT
TABLE 46. COMPANY 9: OPERATING SEGMENTS
TABLE 47. COMPANY 9: PRODUCT PORTFOLIO
TABLE 48. COMPANY 9: KEY STRATERGIES
TABLE 49. COMPANY 10: KEY EXECUTIVES
TABLE 50. COMPANY 10: COMPANY SNAPSHOT
TABLE 51. COMPANY 10: OPERATING SEGMENTS
TABLE 52. COMPANY 10: PRODUCT PORTFOLIO
TABLE 53. COMPANY 10: KEY STRATERGIES
LIST OF FIGURES
FIGURE 01. CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET, 2021-2031
FIGURE 02. SEGMENTATION OF CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET, 2021-2031
FIGURE 03. TOP INVESTMENT POCKETS IN CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET (2022-2031)
FIGURE 04. PORTER FIVE-1
FIGURE 05. PORTER FIVE-2
FIGURE 06. PORTER FIVE-3
FIGURE 07. PORTER FIVE-4
FIGURE 08. PORTER FIVE-5
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET
FIGURE 10. CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET,BY MATERIAL, 2021 ($MILLION)
FIGURE 11. CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET,BY TYPE, 2021 ($MILLION)
FIGURE 12. CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET,BY END-USERS, 2021 ($MILLION)
FIGURE 13. TOP WINNING STRATEGIES, BY YEAR
FIGURE 14. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 15. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 16. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 17. COMPETITIVE DASHBOARD
FIGURE 18. COMPETITIVE HEATMAP: CHINA ARCHITECTURAL ACOUSTIC PANELS MARKET
FIGURE 19. TOP PLAYER POSITIONING, 2021
FIGURE 20. COMPANY 1: NET SALES, 2020-2022*($MILLION)
FIGURE 21. COMPANY 1: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 22. COMPANY 1: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 23. COMPANY 2: NET SALES, 2020-2022*($MILLION)
FIGURE 24. COMPANY 2: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 25. COMPANY 2: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 26. COMPANY 3: NET SALES, 2020-2022*($MILLION)
FIGURE 27. COMPANY 3: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 28. COMPANY 3: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 29. COMPANY 4: NET SALES, 2020-2022*($MILLION)
FIGURE 30. COMPANY 4: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 31. COMPANY 4: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 32. COMPANY 5: NET SALES, 2020-2022*($MILLION)
FIGURE 33. COMPANY 5: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 34. COMPANY 5: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 35. COMPANY 6: NET SALES, 2020-2022*($MILLION)
FIGURE 36. COMPANY 6: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 37. COMPANY 6: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 38. COMPANY 7: NET SALES, 2020-2022*($MILLION)
FIGURE 39. COMPANY 7: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 40. COMPANY 7: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 41. COMPANY 8: NET SALES, 2020-2022*($MILLION)
FIGURE 42. COMPANY 8: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 43. COMPANY 8: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 44. COMPANY 9: NET SALES, 2020-2022*($MILLION)
FIGURE 45. COMPANY 9: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 46. COMPANY 9: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 47. COMPANY 10: NET SALES, 2020-2022*($MILLION)
FIGURE 48. COMPANY 10: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 49. COMPANY 10: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
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