Press release
Digitally Printed Wallpaper Market Set to Reach $17.44 Billion by 2029 with 14% Yearly Growth
Digitally Printed Wallpaper Market Size
The surge in urbanization is anticipated to boost the expansion of the digitally printed wallpapers market in the future. Urbanization, the process of rural inhabitants moving to urban regions, contributes to city growth and development. Factors such as enhanced economic prospects, upgraded infrastructure, and superior living conditions in urban locales fuel this urbanization trend. As more people move to cities, the demand for unique and personal living spaces increases, and digital printed wallpapers provide a solution with customizable design options. For example, the World Economic Forum, an autonomous international Swiss organization, stated in April 2022 that over 4.3 billion individuals, or 55% of the global population, resided in urban environments. This figure is projected to reach 80% by 2050. Consequently, the surge in urbanization is propelling the digitally printed wallpapers market's growth.
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What Is the projected market size and growth rate for the digitally printed wallpaper market?
In recent times, the market size for digitally printed wallpaper has experienced swift expansion. This market is projected to increase from $9.13 billion in 2024 to $10.39 billion in 2025, with a compound annual growth rate (CAGR) of 13.8%. Factors such as evolving tastes in interior design, commitment to environmental sustainability, cost-effective large-scale customization, swift processing times, growth in real estate and construction sectors, and shifts in consumer lifestyles have contributed to the growth observed in the historical period.
The market size of digitally printed wallpapers is projected to witness rapid expansion in the upcoming years, scaling up to a staggering "$17.44 billion by 2029, with a compound annual growth rate (CAGR) of 13.8%. The acceleration in demand during the forecasted period can be credited to factors including the incorporation of artificial intelligence (AI) in design, swift urbanization and housing growth, rising appeal for eco-friendly materials, the integration with smart homes, and the advent of 3D printing. Key trends to watch out for in this period comprise customization and personalization, the surge in demand for environmentally friendly materials, advancements in printing technology, assimilation of 3D printing, digital art and partnerships with artists.
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What new trends are reshaping the digitally printed wallpaper market and its opportunities?
In the world of digitally printed wallpapers, technological progression is becoming widely popular. Dominant companies in the production of digital goods are concentrating on fostering technological improvements to fortify their market standing. Taking the case of April 2024, Insight Print Communication, a firm from India specializing in graphic arts solutions rolled out the HP Latex 630 series. This series, designed specifically for signage and decor sectors, is an evolved line of wide-format printers. It commemorates the 15th anniversary of HP's groundbreaking water-based latex technology and comprises models such as the HP Latex 630W, celebrated for its 64-inch printing width and designed for vivid color production and a broad color spectrum. These printers use the avant-garde fourth-generation ink constructions that facilitate producing premium prints on a slew of materials like vinyl, wallpaper, and canvas, while producing no volatile organic compounds (VOCs).
What major market segments define the scope and growth of the digitally printed wallpaper market?
The digitally printed wallpaper market covered in this report is segmented -
1) By Substrate: Nonwoven, Paper, Other Substrates
2) By Printing Technology: Inkjet, Electrophotography
3) By End-User: Residential, Commercial, Automotive And Transportation
Subsegments:
1) By Nonwoven: Vinyl Coated Nonwoven, Fiber-Based Nonwoven
2) By Paper: Coated Paper, Uncoated Paper
3) By Other Substrates: Fabric, Vinyl, Glass, Plastic
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Which region dominates the digitally printed wallpaper market?
North America was the largest region in the digitally printed wallpaper market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global digitally printed wallpaper market report during the forecast period. The regions covered in the digitally printed wallpaper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the digitally printed wallpaper industry growth?
Major companies operating in the digitally printed wallpaper market include A.S. Création Tapeten AG, Flavor Paper, 4Walls Inc., Graham and Brown Ltd., Great Wall Custom Coverings Corporation, Hollywood Monster Company, Color X Inc., Moonavoor Seinakattestuudio, Muraspec Decorative Solutions Ltd., MX Display Corporation, The Printed Wallpaper Company, Vision Sign and Digital Ltd., John Mark Ltd., Arte International, Asheu Wallpaper Factory, Astek S.A., Glamora Srl, Daisy James, Grandeco WallFashion Group, Arthouse Ltd., ASLAN S.L., Brewster Home Fashions Inc., Cole & Son Wallpapers Ltd., Eijffinger b.v., Emery & Cie, Erbessan GmbH & Co. KG, Harlequin Group plc, Instamural LLC, Komar GmbH, Papillon Diffusion S.A.S.
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What Is Covered In The Digitally Printed Wallpaper Global Market Report?
• Market Size Forecast: Examine the digitally printed wallpaper market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the digitally printed wallpaper market for a structured understanding.
• Key Players Overview: Analyze major players in the digitally printed wallpaper market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the digitally printed wallpaper market.
• Segment Contributions: Evaluate how different segments drive overall growth in the digitally printed wallpaper market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the digitally printed wallpaper market.
• Industry Challenges: Identify potential risks and obstacles affecting the digitally printed wallpaper market.
• Competitive Landscape: Review strategic developments in the digitally printed wallpaper market, including expansions, agreements, and new product launches.
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