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Global Wallpaper Market Size By Type(vinyl, nonwoven, paper, fabric), By End User(residential construction and non-residential construction), By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Wallpaper Market Size By Type(vinyl, nonwoven, paper, fabric), By End User(residential construction and non-residential construction), By Geographic Scope And Forecast

Wallpaper Market Size And Forecast

Wallpaper Market size was valued at USD 2.23 Billion in 2021 and is projected to reach USD 3.00 Billion by 2030, growing at a CAGR of 3.35% from 2023 to 2030.

The growing number of residential building and remodeling & renovation projects are witnessed. This growth has led to the increased demand for better aesthetics and personalized interiors. Furthermore, the worldwide environmental issues have led to technological advancement within the material side of the Wallpaper Market, which has been contributory in generating demand for eco-friendly wallpapers. tons of emphasis has been paid to material development and with such development of advanced materials alongside an increased specialization in aesthetics and durability, the market is anticipated to realize momentum within the coming years.

Global Wallpaper Market Definition

Wallpaper may be a material utilized in interior decoration to decorate the inside walls of domestic and public buildings. It’s usually sold in rolls and is applied onto a wall using wallpaper paste. Wallpapers can come plain as “lining paper” (so that it are often painted or wont to help cover uneven surfaces and minor wall defects thus giving a far better surface), textured (such as Anaglypta), with a regular repeating pattern design, or, much less commonly today, with one non-repeating large design carried over a group of sheets. The smallest rectangle which will be tiled to make the entire pattern is understood because the pattern repeats.

Wallpaper printing techniques include surface printing, gravure printing, silk screen printing, rotary printing, and digital printing. Wallpaper is formed in long rolls which are hung vertically on a wall. Patterned wallpapers are designed in order that the pattern “repeats”, and thus pieces cut from the same roll are often hung next to every other so as continue the pattern without it being easy to ascertain where the join between two pieces occurs.

Global Wallpaper Market Overview

The increasing income and rapid rise in urbanization are significantly driving the historic transformation of human social roots on a worldwide scale, by predominantly replacing rural culture. These have resulted in the increasing usage of wall coverings, alongside other modern The increasing income and rapid rise in urbanization are significantly driving the historic transformation of human social roots on a worldwide scale, by predominantly replacing rural culture. These have resulted in the increasing usage of wall coverings, alongside other modern products, like window frames with the very low-heat transmission, electrical cables and conduits, easily cleaned flooring, and light-reflecting roofing.

With the expanding shopper request for stylish plans, companies are emerging with a different extend of backdrops that take after the looks of an ancient Persian carpet, a breaking wave of surf, or a broken brick divider, among others. This has made backdrops attainable for an extremely tall level of customization.

Moreover, with the arrival of graphic designing, alongside new reproduction capabilities, wallpaper is about to become a subsequent big disrupter within the world of design and décor. Due to these technological developments, progressive design companies, globally, like the United Kingdom Seattle’s Abnormals Anonymous, 17 Patterns, Coordonné from Barcelona, or Brooklyn-based Calico, have made it possible to cover an entire house using wallpapers.

With the later flare-up of COVID-19, the divider covering the advertise might not develop essentially since of a diminish in publicizing over the shifted portion of the globe. Due to the around-the-world lockdown, the advancement industry, too since the exchange, has taken a success. Because of the direct impact of those factors, the Wallpaper Market stays affected. Moreover, consumer spending is additionally likely to decrease due to the economic hamper that’s likely to be the aftereffect of COVID-19.

Global Wallpaper Market Segmentation Analysis

The Global Wallpaper Market is segmented based on Type, End User, And Geography.

Wallpaper Market, By Type

• Vinyl• Nonwoven• Paper• Fabric• Others

Based on Type, the market has been bifurcated into vinyl, nonwoven, paper, fabric, and others. The backing material has been paid a lot of attention due to the properties it holds along with the associated costs. The vinyl segment holds a significant share in the market due to its properties that often makes it a preferred choice for residential usage. Vinyl wallpapers are resistant to oil/grease and moisture than paper-based wallpapers and are generally fit to be used in bathrooms and kitchens.

Wallpaper Market, By End User

• Residential construction• Non-residential construction

Based on End-User, the segment is classified into residential construction and non-residential construction. The residential segment was the fastest-growing segment in 2017 owing to the increasing demand from the Asia-Pacific region. The fast-growing economies in the Asia Pacific along with rapid urbanization, renovation/remodeling projects, and infrastructure construction have offered opportunities to foreign contractors to enter the market. Furthermore, the increasing renovation and remodeling projects in the private construction segment have further widened the scope for wallpapers by the developers and interior designers both.

Wallpaper Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, the Global Wallpaper Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia-Pacific has witnessed maximum growth in the Wallpaper Market. The significant market size is attributed to the increasing number of construction projects supported by significant infrastructure expenditure occurring in countries such as China, Australia, Japan, Singapore, Philippines, Thailand, Myanmar, Taiwan, Vietnam, and others.

The outlook for construction across the region looks strong. China held the largest market size in the Asia-pacific region due to the unparallel growth of the construction industry. North America and Europe holds a sizeable share in the market after Asia-Pacific in 2017, and a similar trend would be seen during the forecast period.

Key Players

The “Global Wallpaper Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are York Wallcoverings (U.S.), Ahlstrom Corporation (Finland), Benjamin Moore & Co. (US), Wayfair LLC (US), 4walls (US), Akzo Nobel N.V. (Netherlands), Asian Paints Ltd (India), Dal-Tile Corporation (US), Brewster Home Fashions Llc (US).

The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2019-2030

BASE YEAR

2022

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2019-2021

UNIT

Value(USD(Billion))

KEY COMPANIES PROFILED

York Wallcoverings (U.S.), Ahlstrom Corporation (Finland), Benjamin Moore & Co. (US), Wayfair LLC (US), 4walls (US), Akzo Nobel N.V. (Netherlands), Asian Paints Ltd (India), and Dal-Tile Corporation (US)

SEGMENTS COVERED
  • By Type
  • By End User
  • By Geography
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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