Press release
Digitally Printed Wallpaper Market Expected to Garner $USD 14.44 Billion by 2026 | Graham & Brown, Flavor Paper, MX Display, Peggy-Betty Designs and Others.
Digitally Printed Wallpaper Market To Reach USD 14.44 Billion By 2026
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The digitally printed wallpapers have been a trendy adoptable decorative element in luxurious amenities as well as mediocre residential premises all over the world. The demand from the customers has been propelling the market, and technological advancement of digital printing systems have been capable of serving the high requirement. Rising the hospitality industries in the developing countries has helped this market grow substantially.
In market segmentation by manufacturers, the report covers the following companies:- Graham & Brown, Flavor Paper, MX Display, Peggy-Betty Designs, The Printed Wallpaper Company, Hollywood Monster, McRobb Display Ltd, Great Wall Custom Coverings, 4walls, Color X. and Others.
The Asia Pacific region is forecasted to generate the highest revenue of USD 6.47 Billion in the year 2026, owing to its extensive market penetration coupled with the rise in disposable income in the developing economies such as India and Indonesia.
For the purpose of this report, Reports and Data have segmented the global digitally printed wallpaper market on the basis of the base material, type of wallpaper, printing technology, end-use verticals, and region:
Base Material Outlook (Revenue, USD Billion; 2019-2026)
Paper
Non-woven
Vinyl
Others
Type of Wallpaper Outlook (Revenue, USD Billion; 2019-2026)
Wildlife
Scenic Beauty
Lifestyle
Architectural
Portrait
Wedding
Fashion
Abstract
Others
Printing Technology Outlook (Revenue, USD Billion; 2019-2026)
Inkjet
Laser
End-Use Verticals Outlook (Revenue, USD Billion; 2019-2026)
Household
Hotels & Resorts
Bars & Restaurants
Commercial Space
Transportation
Others
Regional Outlook (Revenue, USD Billion; 2019-2026)
North America
Europe
Asia Pacific
MEA
Latin America
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Further key findings from the report suggest
The household segment has the most usage of the digitally printed wallpapers. People get them for their living space, drawing rooms, balconies, recreation space, dining rooms, and others. Household usage has been calculated to top in terms of market shares that is 30.6% in 2018, growing with a CAGR of 22.1% during the forecast period.
Hotels & Resorts look for the top-notch decoration to get on to the customers' attraction. This type of wallpapers has been the high-level design intensifier for most of the luxurious resorts and hotels. The market share is forecasted to be 24.7% by 2026, growing with the second-highest CAGR of 20.8% in the forecast period.
Digitally printed wallpapers are often observed in various transportation source station or even in automotive. Premium class transportation media incorporates them to enrich the experience of the journey. While other purpose for using such wallpapers are to advertise different propagandas. Transportation sector had a market share of 10.6% in the year 2018 and will grow successively at a CAGR of 19.6% in the forecast period.
Non-woven wallpapers are very renowned for its tear resistant properties, which makes it very convenient and handy for the ordinary people to place them on the walls. The market for this segment is forecasted to reach about 25.0% by 2026.
North America is accounted to gain 19.1% of market possession by 2026 with a CAGR of 19.7% in the forecast period.
Lifestyle is calculated to grow with a CAGR of 20.2% during the forecast period and would reach a market share of 15.1% by 2026. Lifestyle wallpapers mainly aim to capture the portraits of people in different situations and real-life events in an aesthetic manner. This type of wallpaper tries to tell stories about lives which inspire people in different times and different ways. Mostly the advertisers use lifestyle wallpapers to get on to the peoples' mind.
Europe is forecasted to witness significant growth in the overall market, with 23.3% of market possession by 2026 and CAGR of 20.3% during the forecast period.
The research provides answers to the following key questions:-
What will be the marketing and pricing strategies adopted by prominent vendors operating in the Digitally Printed Wallpaper Market for the forecast years from 2019 to 2026?
What are the new uses for the existing products or services and how have they contributed towards increasing the demand for products or services?
What are the general conditions prevailing and influencing the business environment of the Digitally Printed Wallpaper Market?
Who are the key manufacturers venturing into new geographies to establish a lucrative market their products and services?
What will be the dynamics of the demand and supply and the requirements of the distribution channel across the globe in the near future?
What will be the market share of the Digitally Printed Wallpaper industry over the considered time periods?
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