Digitally
Printed Wallpaper Market worth $13.1 billion by 2027
The report "Digitally
Printed Wallpaper Market
by Printing Technology (Inkjet, Electrophotography), Substrate (Nonwoven, Vinyl,
Paper), End-Use Sector (Non-Residential, Residential, Automotive &
Transportation) and Region - Global Forecast to 2027", size in 2022 is estimated at USD 4.7
billion and is projected to reach USD 13.1 billion by 2027, at a CAGR of 22.4%
from 2022 to 2027. The major drivers for the market include a growth in
urbanization and increasing construction activities. However, rivalry from
paint & coating producers limits the market growth. Moreover, the
ever-increasing growth in commercial and marketing sectors is projected to
boost the market for digitally printed wallpaper.
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Browse in-depth TOC on "Digitally Printed Wallpaper Market"
162 - Tables
28 - Figures
152 – Pages
Nonwoven to be the fastest-increasing segment in the
digitally printed wallpaper market
The nonwoven segment is estimated to be the
speediest-growing segment during the forecast period. This growth can be
ascribed to its extensive range of benefits such as tear-resistance, washability,
and less installation & removal time. Additionally, these wallpapers do not
shrink away when dry, are lightweight and flexible. The above properties allow
them for use in high traffic areas such as kitchen, bathrooms, and hallways.
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Non-residential is the most significant end-use segment
in the global digitally printed wallpaper market.
Digitally printed wallpapers are also used in hospitals,
reception areas, restaurants, schools, churches, training rooms, bedrooms,
conference centers, shopping centers, and tradeshows. The demand for wallpapers
in a commercial application is growing as wallpaper manufacturers are impending
up with wallpapers with new designs and patterns for non-residential buildings
that are at easy to install and remove, robust, environmentally- friendly, and
have a pleasing finish. Owing to the increasing commercialization the demand
for wallpaper is rising.
Asia Pacific is likely to observe the fastest increase in
the digitally printed wallpaper market during the forecast period.
Asia Pacific region is projected to grow at the highest
CAGR between 2022 and 2027. China, India, and Japan collectively accounted for
the foremost share of the Asia Pacific digitally printed wallpaper market in
2021. Additionally, the Asia Pacific region is an evolving and profitable
market for digitally printed wallpaper, owing to industrial development and
enhancing economic conditions. The presence of a number of wallpaper production
plants and speedy industrialization in Asia Pacific are anticipated to drive
the digitally printed wallpaper market during the forecast period.
Key companies such A.S. Création Tapeten AG (Germany),
Muraspec Group (UK), Tapetenfabrik Gebr. Rasch GmbH & Co. KG (Germany), MX
Display (UK), 4Walls (US) Flavor Paper (US), The Printed Wallpaper Company
(UK), Hollywood Monster (UK), and Great Wall Custom Coverings (US) and among
others.
For More Insights on Digitally Printed Wallpaper Market- https://www.prnewswire.com/news-releases/digitally-printed-wallpaper-market-worth-13-1-billion-by-2027--exclusive-report-by-marketsandmarkets-301614760.html
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