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Wall Covering Products Market

Market Insights on Wall Covering Products covering sales outlook, demand forecast & up-to-date key trends

Wall Covering Products Market By Type (Tiles, Fabric Coverings, Wallpapers, Paints, Wood Coverings), Application (Residential, Commercial), Distribution Channel (Direct, Indirect, Hypermarket/ Supermarket, Online Store) & Region - Forecast 2022-2032

Wall Covering Products Market Overview

The wall covering products market is projected to register a CAGR of 4.5% during the forecast period. It is likely to rise up from US$ 31.3 Bn in 2021 to reach a valuation of US$ 50.8 Bn by 2032.

The wall covering products market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfil the demand for wall covering products making it more accessible to customers in the global wall covering products market.

The choice of wall covering products reflects the space's aesthetic, furnishings, technical needs, and overall quality. Wall covering products alter the room's look in a variety of ways. When compared to regular paints, sales of wall covering products are boosting due to the fact that they are not only cost-effective but also environmentally friendly. Its unique properties propel the sales of wall covering products forward in all directions.

Report Attribute

Details

Wall Covering Products Market Estimated Base Year Value (2021)

US$ 31.3 Billion

Wall Covering Products Market Expected Market Value (2022)

US$ 32.7 Billion

Wall Covering Products Market Anticipated Forecast Value (2032)

US$ 50.8 Billion

Wall Covering Products Market CAGR (2022-2032)

4.5 % CAGR

Washable, scrubbable, stain resistance, abrasion resistance, colorfastness, peel-able, strippable, pre-pasted, un-pasted, and self-adhesive are all properties that turn out to be needed hence pushing the demand for wall covering productsSales of wall covering products are expected to rise significantly. In addition to this, demand for wall covering products is rising on account of US$ 39 Bn by 2026. 

Increasing demand for wall covering products are also projected to contribute to the growth of the wall covering products market share. Manufacturers in the wall covering products market get a big platform from which to serve the whole demand for wall covering products. The worldwide wall covering products market is seeing increased competition. 

With growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for wall covering products more accessible to customers. For the printing of wall covering patterns, eco-friendly inks are currently being developed and launched. 

With all of the benefits, there are also drawbacks, such as wallpapers being damaged by water and fading with the time that impacts the sales of wall covering products. In the long run, research and technology solutions to these difficulties will increase the wall covering products market share for wall covering materials.

ADFORS, Architonic, A.S. Création Group, Brewster Home Fashion, Asian Paints Limited (APL), Marazzi Group, Walker Greenbank PLC, Benjamin Moore & Co., Ahlstrom-Munksjö Oyj, Nippon Paint Holdings Co. Ltd, J. Josephson Inc., and Grandeco Wallfashion Group are some of the leading participants in the wall covering products market.

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What are the Key Dynamics to the Wall Covering Products Market Share?

Sales of wall covering products are also rising due to its offering value to a place by providing a layer of protection to the real wall, hiding defects in the wall surface that paint cannot, and adding warmth and richness. The worldwide sales of wall covering products comprehends the manufacture, selling, and numerous unique qualities of wall covering products market.

The wall covering products market has traditionally benefited from wall covering materials' excellent flexibility to swiftly shifting trends. At a fraction of the cost, you may have your personalised design which ultimately is pushing the demand for wall covering products. As a result, many organisations are able to personalise their walls by using corporate colours, emblems, and even phrases are the reason for good sales of wall covering products in the market.

Which Region holds the Highest Growth Potential in the Wall Covering Products Market?

The sales of wall covering products are being driven by two major factors: increased investments in commercial buildings and an increase in the number of residential flats. The European wall covering products market is expected to be the largest market by creating a huge demand for wall covering products, but China dominates in terms of the number of enterprises producing them hence good sales of wall covering products

The Asia Pacific is expected to have the fastest-growing wall covering products market, owing to the region's rising economy and quickly growing population, which would increase the number of residential structures pushing for the sales of wall covering products

Nanotechnology and additive manufacturing are two new technologies that will increase the quality of wall covering products market. Participants of the wall covering products market are expected to introduce a wide range of wall panels and wallpapers, as well as eco-friendly interior paints.

Sneha Verghese
Principal Consultant
LinkedIn
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Who are the Key Players in the Wall Covering Products Market?

ADFORS, Architonic, A.S. Création Group, Brewster Home Fashion, Asian Paints Limited (APL), Marazzi Group, Walker Greenbank PLC, Benjamin Moore & Co., Ahlstrom-Munksjö Oyj, Nippon Paint Holdings Co. Ltd, J. Josephson Inc., and Grandeco Wallfashion Group are some of the leading participants in the wall covering products market.

Recent developments of the Wall Covering Products Market:

  • Brewster Home Fashion acquired the assets of Fetco Home Décor, Inc. in June 2017 to pursue its long-term aim of good sales of wall covering products.
  • Ultra Spec SCUFF-X, the first-of-its-kind, one-component interior latex paint built particularly to resist scuff marks in high-traffic, commercial applications, was introduced by Benjamin Moore & Co. in 2017.

Scope of Report

Report Attribute

Details

Growth rate

CAGR of 4.5% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis,

Segments covered

Type, application, distribution channel, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

ADFORS, Architonic, A.S. Création Group, Brewster Home Fashion, Asian Paints Limited (APL), Marazzi Group, Walker Greenbank PLC, Benjamin Moore & Co., Ahlstrom-Munksjö Oyj, Nippon Paint Holdings Co. Ltd, J. Josephson Inc., and Grandeco Wallfashion Group

Customization scope

Free report customization (equivalent to up to 8 analysts working days) 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.

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Key Segments For Wall Covering Products Market

By Type:

  • Tiles
  • Fabric coverings
  • Wallpapers
  • Paints
  • Wood coverings

By Application:

  • Residential
  • Commercial

By Distribution Channel:

  • Direct
  • Indirect
  • Hypermarket/Supermarket
  • Specialty Stores
  • Independent Stores
  • Online Store
  • Others

By Region:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Frequently Asked Questions

The wall covering products market is predicted to register a CAGR of 4.5% during the forecast period.

Key players holding substantial wall covering products market share include ADFORS, Architonic, A.S. Création Group, Brewster Home Fashion, Asian Paints Limited (APL), Marazzi Group, and many more.

As per the analysis, the wall covering products market share is likely to be US$ 39 Bn by 2026.

Demand for wall covering products is likely to rise due to its offering value to a place by providing a layer of protection to the real wall, hiding defects in the wall surface that paint cannot, and adding warmth and richness.

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Sneha Verghese
Principal Consultant
LinkedIn
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Wall Covering Products Market