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Latin America 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 74 Pages I Allied Market Research
The Latin America architectural acoustic panels market has witnessed significant traction in recent years. This is attributed to increase in awareness about the importance of installing acoustic panels in the buildings. In addition, stringent regulations pertaining to control noise pollution in urban areas have mandated the implementation of acoustic panels; therefore, propelling the growth of the market.
However, there are various restraints of the growth of the Latin America architectural acoustic panels market. Economic uncertainties in the region lead to budget constraints in construction projects. This restrains the allocation of resources to acoustic panels. Furthermore, intense competition among market players has reduced the pricing of products, therefore hampering the development of the market.
On the contrary, the Latin America architectural acoustic panels market holds various lucrative opportunities to benefit the market players. Influx of new materials and technologies for acoustic panels has opened avenues for innovation and differentiation. Manufacturers strive to explore environmentally sustainable options that cater to the eco-conscious consumer. In addition, rise in construction of open-plan office spaces and need for better acoustics in educational institutions has offered new remunerative opportunities to the market players.
Recent trends in the Latin America architectural acoustic panels market reflect the changing preferences and advancements in the industry. A significant trend emerging is the integration of aesthetics with functionality. Architects and designers are substantially seeking products that offer acoustic solutions as well as contribute to the visual appeal of spaces. This has led to the development of acoustic panels in various colors, shapes, and patterns. Customization of acoustic panels is also projected to trend in the market during the forecast period.
The Latin America architectural acoustic panels market is segmented by material, type, and end-users. On the basis of material, the market is bifurcated into plastic panels and non-plastic panels. Depending on type, the market is classified into horizontal acoustic panel and vertical acoustic panel. As per end-users, the market is classified into commercial, residential, and industrial.
The Latin America architectural acoustic panels market is witnessing various qualitative developments that impact the industry's direction. These developments include new product development, R&D activities, end-user perception, and pricing strategies. Understanding the dynamic end-user perceptions is crucial for market players to cater to the unique preferences and requirements of customers through innovative products. In addition, flexible pricing strategies are crucial for manufacturers in this competitive landscape. Some companies focus on cost leadership, targeting price-conscious customers, while others emphasize premium products that command a higher price point.
The Porter's five forces analysis assesses the competitive strength of the players in the Latin America architectural acoustic panels market. The five forces include threat of new entrants, threat of substitutes, bargaining power of buyers, bargaining power of suppliers, and competitive rivalry. The threat of new entrants is relatively low, as the market demands substantial capital investment for extensive R&D activities, and established distribution networks. The bargaining power of suppliers is moderate. While suppliers hold essential raw materials and technologies, they face competition from multiple buyers in the market. The bargaining power of buyers is high due to the presence of numerous suppliers and the commoditization of certain acoustic panel products. The threat of substitute products is moderate as alternative solutions, such as soundproofing insulation, offer competition to acoustic panels. Competitive rivalry is intense in the market as numerous players compete to garner a large share of the market.
SWOT analysis of the Latin America architectural acoustic panels market reveals its strengths, weaknesses, opportunities, and threats. The strengths of the market lie in its ability to enhance the acoustic comfort of spaces, meeting the growing demand for tranquility and the availability of diverse material options to cater to varying needs. However, the weaknesses of the market include pricing pressures due to competitive landscape and budget constraints in construction projects. On the contrary, opportunities for the market involve rise in popularity of building open-plan office spaces, surge in educational institutions, and rise in eco-conscious consumers. The threats for the market include the economic uncertainties which limit the budget of consumers for acoustic panels and threat from alternatives.
Key players of the Latin America architectural acoustic panels market are Armstrong World Industries, Inc., Saint-Gobain, USG Corporation, Knauf Insulation, Owens Corning, Rockwool International A/S, Hunter Douglas, Ecophon, CertainTeed Corporation, and Vicoustic.
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- Go To Market Strategy
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- Additional country or region analysis- market size and forecast
- Average Selling Price Analysis / Price Point Analysis
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- Expanded list for Company Profiles
- Historic market data
- Market share analysis of players at global/region/country level
- 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
- Knaufinsulation
- Acoustical Solutions
- Ecophon
- Marstil
- Aval Duarte
- SAS International
- Contremar
- Primacoustic
- Argotec
- Ricasur S.A.
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: LATIN AMERICA 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: LATIN AMERICA 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: LATIN AMERICA 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. Knaufinsulation
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. Acoustical Solutions
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. Ecophon
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. Marstil
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. Aval Duarte
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. SAS International
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. Contremar
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. Primacoustic
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. Argotec
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. Ricasur S.A.
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. LATIN AMERICA ARCHITECTURAL ACOUSTIC PANELS MARKET, BY MATERIAL, 2021-2031 ($MILLION)
TABLE 02. LATIN AMERICA ARCHITECTURAL ACOUSTIC PANELS MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 03. LATIN AMERICA ARCHITECTURAL ACOUSTIC PANELS MARKET, BY END-USERS, 2021-2031 ($MILLION)
TABLE 04. KNAUFINSULATION: KEY EXECUTIVES
TABLE 05. KNAUFINSULATION: COMPANY SNAPSHOT
TABLE 06. KNAUFINSULATION: OPERATING SEGMENTS
TABLE 07. KNAUFINSULATION: PRODUCT PORTFOLIO
TABLE 08. KNAUFINSULATION: KEY STRATERGIES
TABLE 09. ACOUSTICAL SOLUTIONS: KEY EXECUTIVES
TABLE 10. ACOUSTICAL SOLUTIONS: COMPANY SNAPSHOT
TABLE 11. ACOUSTICAL SOLUTIONS: OPERATING SEGMENTS
TABLE 12. ACOUSTICAL SOLUTIONS: PRODUCT PORTFOLIO
TABLE 13. ACOUSTICAL SOLUTIONS: KEY STRATERGIES
TABLE 14. ECOPHON: KEY EXECUTIVES
TABLE 15. ECOPHON: COMPANY SNAPSHOT
TABLE 16. ECOPHON: OPERATING SEGMENTS
TABLE 17. ECOPHON: PRODUCT PORTFOLIO
TABLE 18. ECOPHON: KEY STRATERGIES
TABLE 19. MARSTIL: KEY EXECUTIVES
TABLE 20. MARSTIL: COMPANY SNAPSHOT
TABLE 21. MARSTIL: OPERATING SEGMENTS
TABLE 22. MARSTIL: PRODUCT PORTFOLIO
TABLE 23. MARSTIL: KEY STRATERGIES
TABLE 24. AVAL DUARTE: KEY EXECUTIVES
TABLE 25. AVAL DUARTE: COMPANY SNAPSHOT
TABLE 26. AVAL DUARTE: OPERATING SEGMENTS
TABLE 27. AVAL DUARTE: PRODUCT PORTFOLIO
TABLE 28. AVAL DUARTE: KEY STRATERGIES
TABLE 29. SAS INTERNATIONAL: KEY EXECUTIVES
TABLE 30. SAS INTERNATIONAL: COMPANY SNAPSHOT
TABLE 31. SAS INTERNATIONAL: OPERATING SEGMENTS
TABLE 32. SAS INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 33. SAS INTERNATIONAL: KEY STRATERGIES
TABLE 34. CONTREMAR: KEY EXECUTIVES
TABLE 35. CONTREMAR: COMPANY SNAPSHOT
TABLE 36. CONTREMAR: OPERATING SEGMENTS
TABLE 37. CONTREMAR: PRODUCT PORTFOLIO
TABLE 38. CONTREMAR: KEY STRATERGIES
TABLE 39. PRIMACOUSTIC: KEY EXECUTIVES
TABLE 40. PRIMACOUSTIC: COMPANY SNAPSHOT
TABLE 41. PRIMACOUSTIC: OPERATING SEGMENTS
TABLE 42. PRIMACOUSTIC: PRODUCT PORTFOLIO
TABLE 43. PRIMACOUSTIC: KEY STRATERGIES
TABLE 44. ARGOTEC: KEY EXECUTIVES
TABLE 45. ARGOTEC: COMPANY SNAPSHOT
TABLE 46. ARGOTEC: OPERATING SEGMENTS
TABLE 47. ARGOTEC: PRODUCT PORTFOLIO
TABLE 48. ARGOTEC: KEY STRATERGIES
TABLE 49. RICASUR S.A.: KEY EXECUTIVES
TABLE 50. RICASUR S.A.: COMPANY SNAPSHOT
TABLE 51. RICASUR S.A.: OPERATING SEGMENTS
TABLE 52. RICASUR S.A.: PRODUCT PORTFOLIO
TABLE 53. RICASUR S.A.: KEY STRATERGIES
LIST OF FIGURES
FIGURE 01. LATIN AMERICA ARCHITECTURAL ACOUSTIC PANELS MARKET, 2021-2031
FIGURE 02. SEGMENTATION OF LATIN AMERICA ARCHITECTURAL ACOUSTIC PANELS MARKET, 2021-2031
FIGURE 03. TOP INVESTMENT POCKETS IN LATIN AMERICA 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: LATIN AMERICA ARCHITECTURAL ACOUSTIC PANELS MARKET
FIGURE 10. LATIN AMERICA ARCHITECTURAL ACOUSTIC PANELS MARKET,BY MATERIAL, 2021 ($MILLION)
FIGURE 11. LATIN AMERICA ARCHITECTURAL ACOUSTIC PANELS MARKET,BY TYPE, 2021 ($MILLION)
FIGURE 12. LATIN AMERICA ARCHITECTURAL ACOUSTIC PANELS MARKET,BY END-USERS, 2021 ($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: LATIN AMERICA ARCHITECTURAL ACOUSTIC PANELS MARKET
FIGURE 19. TOP PLAYER POSITIONING, 2021
FIGURE 20. KNAUFINSULATION: NET SALES, 2020-2022*($MILLION)
FIGURE 21. KNAUFINSULATION: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 22. KNAUFINSULATION: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 23. ACOUSTICAL SOLUTIONS: NET SALES, 2020-2022*($MILLION)
FIGURE 24. ACOUSTICAL SOLUTIONS: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 25. ACOUSTICAL SOLUTIONS: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 26. ECOPHON: NET SALES, 2020-2022*($MILLION)
FIGURE 27. ECOPHON: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 28. ECOPHON: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 29. MARSTIL: NET SALES, 2020-2022*($MILLION)
FIGURE 30. MARSTIL: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 31. MARSTIL: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 32. AVAL DUARTE: NET SALES, 2020-2022*($MILLION)
FIGURE 33. AVAL DUARTE: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 34. AVAL DUARTE: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 35. SAS INTERNATIONAL: NET SALES, 2020-2022*($MILLION)
FIGURE 36. SAS INTERNATIONAL: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 37. SAS INTERNATIONAL: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 38. CONTREMAR: NET SALES, 2020-2022*($MILLION)
FIGURE 39. CONTREMAR: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 40. CONTREMAR: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 41. PRIMACOUSTIC: NET SALES, 2020-2022*($MILLION)
FIGURE 42. PRIMACOUSTIC: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 43. PRIMACOUSTIC: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 44. ARGOTEC: NET SALES, 2020-2022*($MILLION)
FIGURE 45. ARGOTEC: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 46. ARGOTEC: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
FIGURE 47. RICASUR S.A.: NET SALES, 2020-2022*($MILLION)
FIGURE 48. RICASUR S.A.: REVENUE SHARE, BY SEGMENT, 2021 (%)
FIGURE 49. RICASUR S.A.: REVENUE SHARE, BY GEOGRAPHY, 2021 (%)
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