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Architectural Acoustic Panels Market Key Players

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The global architectural acoustic panels market size was USD 7.37 billion in 2021. The market is projected to grow from USD 7.55 billion in 2022 to USD 10.59 billion in 2029 at a CAGR of 5.0% during the 2022-2029 period. This information is provided by Fortune Business Insights, in its report, titled, “Architectural Acoustic Panels Market, 2022-2029.”

COVID-19 Impacts:

COVID-19 to Hamper Market Growth due to Interruptions in Supply Chain

The COVID-19 pandemic outbreak has obstructed most of the profitable and daily jobs throughout the world. Moreover, commotion in supply chains, scarcity of workforce, and decreased demand are among the few jeopardies faced by companies throughout the globe. Accordingly, construction ventures have been postponed or terminated and that has limited the architectural acoustic panels market growth. Nonetheless, with the lockdown restrictions cooling down around the world, the architectural acoustic panels industry is mending with a stable pace.

Information Source-