The global wallpaper
market is anticipated to grow during the forecast period. The increase in
disposable incomes and the modernization of suburban regions worldwide are the
main factors propelling the wallpaper market. As a result, decorative wallpaper
is already increasingly preferred by consumers over paint. Additionally, the
country's real estate market is expanding quickly, which has increased demand
for wallpaper in both commercial and residential environments. Wallpaper is a
material used for interior wall decorating in private and public structures. It
has several benefits, including a wide range of colors, intricate patterns,
environmental protection, and easy installation.
As a result of the
industry's rapid technological advancement, the wallpaper market has expanded
in many growing nations. Customers used to decorate their walls with vibrant
paints in the past, but today they are choosing wallpaper instead because it is
more durable, firm, and environmentally friendly. Offices, apartments, and other
interior walls can be decorated and covered with wallpaper due to their
numerous benefits, including diverse palettes, easy installation, rich
patterns, and environmental preservation. According to "The Observatory
of Economic Complexity," in 2020, the top importers of wallpaper were
Russia (USD138 M), France (USD111 M), the United Kingdom (USD89.3 M), the
United States (USD85.7 M), and Vietnam (USD72.3 M).
Because COVID-19 has
limited supply chain activities, it has significantly slowed down the world
economy. The disruption in the supply chain for nations like China and South
Korea has dramatically impacted the market growth for wallpaper. In contrast,
expanding housing programs in countries like Brazil and India are boosting the
demand for rental properties and, as a result, are contributing to the market's
expansion. To meet consumer demand, manufacturers are implementing innovative
tactics. Additionally, the COVID-19 pandemic has accelerated the use of online
e-commerce channels to boost consumer spending.
There are various
wallpaper market trends which fuel the wallpaper industry growth such as selecting
a design with a distinctive & artistic scene, adding elegance with a
wallpaper border, add stripes for style, and giving design a tactile touch with
textured wallpaper, embrace moody metallics, dramatic graphics, and
archival designs as users take wallpaper to the fifth wall. There are also several
perennial wallpaper themes that are consistently popular in interior design,
from fanciful florals and botanicals to stripes and damasks. Also, there is a
whole new range of textures, colors, and patterns available in floral wall
papers, which is gaining major popularity.
Moreover, increasing
popularity of peel and stick wallpapers among the consumers is also driving the
wallpaper market worldwide. For instance, in 2022, Marimekko launched the
Peel-and-Stick Wallpaper. Four iconic printsare included in the collection, each in a different
color theme. They are able to exist in several decades at once since they are
both modern and classic, iconic and new. These peel and stick wallpaper have
sparkles of green in the center for a small splash of color and their
well-known large-scale floral pattern, Unikko. A single roll of this wallpaper
is 20.8 inches wide and 18 feet long. This factor will further boost the
wallpaper industry growth during the forecast period.
Manufacturers are
spending more on marketing, sponsorships, and partnerships to expand their
customer base. The direct-to-customer channel can be very profitable for
businesses who have devoted customers and have previously engaged in marketing
initiatives to build a strong brand identity. Businesses are working hard to
increase customer brand loyalty by utilizing this sales strategy. For instance,
in 2021, RoomMates Decor, a subsidiary of York Wallcoverings, the
oldest wallpaper producer in North America, introduced the peel and stick
wallpaper programme in collaboration with historic design brand Waverly.
Through this partnership, the innovative RoomMates Peel & Stick wallpapers
and Waverly's mix-and-match styles were merged.
The global
wallpaper market is increasing as new construction infrastructure expands
around the world. The ease of installation compared to traditional wall
decoration techniques like painting promotes its appeal in the market. The
industry is growing since wallpaper doesn't contain dangerous materials like
lead. Also, the wallpaper improves the aesthetic appeal of walls more
than interior paint. A wall's aesthetic appeal is increased while it is also
covered by wallpaper. When put on rough surfaces, some wallpaper, like
grass-cloth printed on fabric backing, can protect structures from the weather conditions
while also maintaining their aesthetic appeal. Better aesthetics are in
demand in both residential and commercial sector. In addition, vinyl
wallpapers last a long time than other solutions do. It is composed entirely of
wallpaper and is water and scrub resistant. It is durable, cleanable, and
impervious to tearing and scratching. Hence, during the projected period, the
global wallpaper market will be driven by all these factors at a significant
pace.
Stain Resistant & Eco-friendly
Wallpapers Fuels the Market Growth
Manufacturers are
focusing on making eco-friendly wallpapers to attract consumers, which fuels
the demand and growth of the wallpapers market worldwide. For instance, one of
India's paint and wallpaper merchants, UDC Homes, offers an eco-friendly line
of wallpapers called the "Nuance Collection." Since the designs are
made from plant-based fibers, they are environmentally friendly and serve as a
tribute to the wonders of unspoiled mother nature. Additionally, Wolpin Wall
Stickers DIY Wallpaper comprises peel-and-stick PVC vinyl and is simple to
apply. The wallpaper is stain-resistant, self-adhesive, heat-resistant, and
waterproof. The black wallpaper's design should improve the room's appearance
and is appropriate for use in the living room, office, bedroom, bathroom, and
other areas.
Product Launches Fuels the
Market Growth
Companies are launching
new products for consumers as the demand for these products is rising rapidly,
further prompting companies to expand their product portfolios to cater to
consumer demand. For instance, the New Digitally Printable Wallpaper from Neschen
meets all fire safety and sustainability standards. Following a modification,
the adaptable wallpaper from the Green Wall product family has been given the
highest safety approval for use indoors. The product has recently undergone
testing by DIN EN 13501 and has an actual weight of 170 g/m2. The L-UV smooth
FR wallpaper thus obtains the highest fire rating class possible: B-S1, d0.
This classification allows the wallpaper to be used in stairwells and on
ceilings. Hence, the increasing introduction of new products to draw the
customers fuels the global wallpaper market during the forecast period.
Strategic Collaborations
& Acquisitions among Companies Drives the Market Growth
Nirmal's Furnishings,
one of India's prestigious home décor companies, is renowned for its
custom-made textiles. They primarily display wallpapers from the famous Spanish
company Coordonné - Wander in India. Coordonné, a company with headquarters in
Barcelona, is well known worldwide for its exquisite wall covering and fabric
collections. Their most recent series of wallpapers, Wander, which Nirmals
Furnishings debuted in India, highlights the exciting vistas that a creative
mind at sea encounters. Also, Grandeco Wallfashion Group acquired D&V
Holden Limited, the entire share capital of Holden Decor Limited, one of the
top wallcovering businesses in the UK, for an undisclosed amount. Grandeco
produced more than 13 million rolls of wallpapers per year. The purchase of
Holden Decor is a part of Grandeco's plan for international growth. It is
consistent with the company's confidence that the wall decorating industry will
continue to consolidate, enabling it to become the market leader in all of
Europe. The goal of the acquisition is to expand on Holden Decor's exceptional
success.

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Market Segmentation
The global wallpaper market
is segmented into product type, end-use, distribution channel, region, and
competitive landscape. Based on the product type, the market is segmented
into vinyl, non-woven, paper, and fabric. Based on end-use, the market is
segmented into residential and commercial. Based on distribution channel, the
market is segmented into offline and online.
Company Profile
Sangetsu
Corporation, York Wall Coverings Inc., Brewster Home Fashions, F. Schumacher
& Co., Adornis Wallpapers, A.S. Création Tapeten AG, Asian Paints Ltd., 4walls, Osborne & Little, Grandeco Wallfashion Group
Belgium N.V. are the major market players in the global wallpaper
market.
Attribute
|
Details
|
Base
Year
|
2022
|
Historical
Years
|
2018 –
2021
|
Estimated
Year
|
2023
|
Forecast
Period
|
2024 – 2028
|
Quantitative
Units
|
Revenue
in USD Billion and CAGR for 2018-2022 and 2023-2028
|
Report
Coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments
Covered
|
·
Product Type
·
End-Use
·
Distribution Channel
·
Region
|
Regional
Scope
|
North
America, Europe, Asia-Pacific, Middle East & Africa, and South America
|
Country
Scope
|
United States, Canada, Mexico, Russia, France, United Kingdom,
Italy, Spain, China, India, Japan, Indonesia, Vietnam, Saudi Arabia, Egypt,
UAE, Turkey, Brazil, Argentina; Colombia
|
Key
Companies Profiled
|
Sangetsu Corporation, York Wall Coverings Inc., Brewster Home
Fashions, F. Schumacher & Co., Adornis Wallpapers, A.S. Création Tapeten AG,
Asian Paints Ltd., 4walls, Osborne & Little, Grandeco Wallfashion Group
Belgium N.V., etc.
|
Customization
Scope
|
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
Pricing
and Purchase Options
|
Avail of customized
purchase options to meet your exact research needs. Explore purchase options
|
Delivery
Format
|
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/pdf format
on special request)
|
Report Scope:
In this report, the global wallpaper
market has been segmented into the following categories, in addition to the
industry trends which have also been detailed below:
- Wallpaper
Market, By Product Type:
- Vinyl
- Non-woven
- Paper
- Fabric
- Wallpaper Market, End- Use:
- Wallpaper
Market, By Distribution Channel:
·
Wallpaper Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Russia
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- Indonesia
- Vietnam
- Middle East & Africa
- Saudi Arabia
- Egypt
- UAE
- Turkey
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the global wallpaper market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
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released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at sales@techsciresearch.com
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