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Demand For Vinyl Wallpaper Market Is Expected To Rise At A CAGR Of 3.3% Through 2031

10-18-2022 10:33 AM CET | Fashion, Lifestyle, Trends

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Demand For Vinyl Wallpaper Market Is Expected To Rise At A CAGR

The Vinyl Wallpaper Market Size was valued at $943.30 million in 2021, and is estimated to reach $1.3 billion by 2031, growing at a CAGR of 3.3% from 2022 to 2031.The vinyl wallpaper industry was experiencing the differential impact of this rapid spreading COVID-19 on each stage of value chain. Production, distribution, and inventory level was impacted during pandemic. The product supply was one of the major parts in the value chain of the vinyl wallpaper, where key players & vendors were facing the problems due to poor logistics and restrictions on public movement in the affected countries across the globe, which led to supply disruptions. Later, the lockdown was gradually lifted in various regions, creating a favorable environment for the hospitality sector. This, in turn, broadened the application of vinyl wallpapers in the commercial segment, boosting the growth of the Vinyl Wallpaper Industry.

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The Vinyl Wallpaper Industry is segmented on the basis of product type, application, distribution channel, and region. By product type, it is categorized into solid vinyl wallpaper, vinyl coated wallpaper, and fabric backed vinyl wallpaper.

Leading Key Players:

The key players profiled in this report are AS Creation, York Wallcoverings Inc., Brewster Home Fashions LLC, Sanderson Design Group, F Schumacher & Co., Asian Paints, Osborne & Little, Lentex Corporation, Guilin Wellmax Wallcovering Co., Ltd., and Grandeco Wallfashion Group.

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Moreover, growth in the number of restaurants and changes in perception about the working environment by private organizations cheer up their employees with a neat and refreshing office interior. The necessity of interior decoration and budget for this purpose varies according to the consumer segment that urges the brands to differentiate offers according to the need of the organization or household. these aforementioned factors increase the revenue of Vinyl Wallpaper Industry.

Regional Insights:

Based on region, North America has the highest Vinyl Wallpaper Market Share in 2021. North America was the revenue contributor accounting for $377.3 million in 2021 and is estimated to reach $494.0 million by 2031 with a CAGR of 2.8%. Owing to increasing public residential building construction, fueling the growth of vinyl wallpaper market. Moreover, increase in population and disposable income in this region are the Vinyl Wallpaper Market Trends. Another factor which drives the market growth is the availability of customized vinyl wallpaper by key manufacturers in this region.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the vinyl wallpaper market analysis from 2021 to 2031 to identify the prevailing vinyl wallpaper market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the vinyl wallpaper market segmentation assists to determine the prevailing Vinyl Wallpaper Market Opportunity.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global vinyl wallpaper market trends, key players, market segments, application areas, and market growth strategies.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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