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 Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
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! It's basically stuff you use to make your walls look nicer, whether you're at home or in some public space. You usually buy it in rolls, and you stick it to the wall with special wallpaper paste. Now, you can get all sorts of wallpaper. Some is just plain "lining paper" - you paint over it, or use it to hide bumps and cracks in the wall to give you a better surface. Then there's the textured stuff, like Anaglypta, or wallpaper with a pattern that keeps repeating. And, though you don't see it much anymore, some wallpaper has one big picture that spreads across a bunch of sheets. Oh, and that smallest piece of the pattern that you can repeat to make the whole thing? That's called the pattern repeat.
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 ATTRIBUTES
DETAILS
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
CUSTOMIZATION SCOPE
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