Press release
US Wallcovering Market 2022 Disclosing Latest Trends and Advancement Outlook 2026
The US Wallcovering Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the US Wallcovering market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the US Wallcovering market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the US Wallcovering market.The US Wallcovering Market was valued at USD 5.41 billion in 2020, and it is expected to reach USD 6.58 billion by 2026, registering a CAGR of 3.41% during the forecast period (2021-2026).
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Top Leading Companies of US Wallcovering Market are - Brewster Home Fashion, Benjamin Moore & Co., York Wall Coverings, F. Schumacher, Crossville Inc., Georgia-Pacific, Mohawk Industries Inc., Ahlstrom-Munksjö Oyj, Johns Manville Corporation, Rust-Oleum Coproration, Sherwin-Williams Company, The Valspar Company, Koroseal Wall Protection, Len-Tex Corporation, Wallquest Inc. and others.
Industry News and Updates:
- Nov 2019 - Johns Manville (JM) announced that it had signed an agreement to acquire ITW Insulation Systems, a business owned by Illinois Tool Works Inc. that is well known in the industrial industry for its premium, low-temperature polyisocyanurate foam insulation, and metal jacketing solutions.
Key Market Trends:
Rebounding Residential Construction Activity in the USA is Boosting the Market
- The residential construction segment is expected to account for a significant market share in the wallcovering market and is expected to witness a notable growth rate in the United States. As the employment opportunities are growing based on population growth are key drivers that tend to increase demand for new housing, dwellings, and apartments.
- According to Thomson Reuters, the US homebuilding rebounded in October 2019, and permits for future home construction surged to a more than 12-year high, pointing to force in the housing market amid cheaper mortgage rates. Housing started advancing 8.5% on a year-on-year basis in October, and building permits climbed 5.0% to a rate of 1.461 million units in October, the highest level since May 2007.
Incremental Innovation in Wallpaper Products Drives Market Growth
- Wallpaper products are forecasted to be one of the fastest-growing wall coverings section through 2020. Sales of wallpaper products have been in deterioration for more than a decade, showing changes in customer choices away from wallpaper in support of paint and coatings. Though, the growth of products, such as custom wallpaper, wallpaper borders, and textured wallpaper, is supposed to breathe new life into a previously discouraged product category.
- The wallpaper segment of the market is seeing a constant innovation, such as the replacement of Osnaburg with non-woven backing and lightweight. Besides, the incorporation of other characteristics, like breathable fabrics that eliminates the limitations of molds, is considerably promoting the growth of the wall-coverings market in both commercial and residential sectors.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- US Wallcovering Market Size & Analysis (2016 - 2026)
- Market Share Analysis of US Wallcovering Market (%),2016 - 2026
- US Wallcovering Market Share, By Brand
- US Wallcovering Market Share, By Company
- US Wallcovering Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies US Wallcovering Market Value Analysis & Forecast
- Promising US Wallcovering Development by Major Companies
- Detailed US Wallcovering Portfolio of the Major Companies
- Major Deals in the US Wallcovering Market
- Major Companies Analysis
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https://www.marketinsightsreports.com/reports/02082593193/us-wallcovering-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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