Wall Covering Market Size, Trends, Industry Analysis, Forecast 2023-2028

The latest research study "Wall Covering Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the global wall covering market size reached US$ 36.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 47.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.

Wall coverings represent a range of flexible textured fabrics or wallpaper sheets that are applied on vertical surfaces to cover, preserve, and decorate the interior space of the building. They include backing, ground coating, ink, solid paper, and layers of vinyl as raw materials that are printed, pre-pasted, and laminated on a strong plastic decorative surface. In addition to this, wall coverings aid in withstanding scribbles or scratches attributed to furniture, adding textures in residential places, hiding imperfections, minimizing the risk of mold, enhancing the overall aesthetics of the space, etc. They are non-toxic, cost-effective, easy to install, require low maintenance, moisture, chemical, fire-resistant, etc., and can be used permanently or semi-permanently based on consumer preferences. Consequently, wall coverings are used across numerous residential and commercial complexes, including lobbies, malls, educational institutions, offices, etc.

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⁠Wall Covering Market Trends and Drivers:

The rising investments in infrastructural projects and the growing construction of several residential and non-residential buildings are primarily augmenting the wall covering market. Furthermore, the increasing consumer inclination towards the visually appealing interior and exterior designs is positively influencing the global market. Besides this, the elevating graphic design and new wall covering production facilities and the development of digital printing technologies to print textiles in diverse textures are acting as significant growth-inducing factors. Moreover, the widespread adoption of premium wall coverings with high-quality finishes in the kitchen, shower enclosure, bathroom, etc., is also bolstering the market growth. Apart from this, the introduction of innovative product variants in various colors, patterns, sizes, materials, etc., is expected to fuel the wall covering market over the forecasted period.

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⁠Wall Covering Market Report Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• A.S. Création Tapeten AG
• Ahlstrom-Munksjö Oyj
• Architonic
• Asian Paints Ltd
• Brewster Home Fashion
• F. Schumacher & Co.
• Grandeco Wallfashion Group
• J. Josephson Inc.
• Osborne & Little
• Saint-Gobain
• Sanderson Design Group and York Wallcoverings Inc.

The report has been segmented the market into following categories:

Breakup by Product Type:

• Wall Panel
• Wall Paper
o Vinyl Wallpaper
o Non-woven Wallpaper
o Paper-based Wallpaper
o Fabric Wallpaper
o Others
• Tile
• Metal Wall Covering
• Others

Breakup by Printing Type:

• Digital
• Traditional

Breakup by Application:

• New Construction
• Renovation

Breakup by End User:

• Commercial
• Residential

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Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Key highlights of the report:

• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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This release was published on openPR.