Wall Coverings Market is Expected to Grow at a Steady Rate 2021-2031 – Materials Handling

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wallcoverings market accounted for $27.56 billion in 2017 and is expected to reach $45.38 billion by 2026, growing at a CAGR of 5.7% from 2017 to 2026. Growth factors include easy customization and encompassing walls lower cost, longer persistence and reduced maintenance burden compared to painted walls and the ability to mimic the expensive designer look and resulting increase in home value. However, short shelf life and high cost are the major factors restraining the wall covering market from its potential growth.

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Wallcovering is a material, mainly paper-based, used for the decoration of interior spaces, it usually comes in rolls. Wallpaper has long been used as a traditional wallcovering in East Asian countries like Japan and China. Fabric wallcoverings, such as damask, were used exclusively in Europe until the 18th century to cover both walls and ceilings. With the development of the paper industry, fabric wallcoverings are replaced by cheaper wallpaper. The wallpaper can be plain or patterned and in one or more colors. Today, wall coverings are increasingly made from polymers.

Based on the demand, the residential construction segment is expected to account for a substantial market share in the wallpaper market and is expected to witness a significant growth rate. As job opportunities increase in line with population growth, fundamental drivers tend to increase demand for new homes, apartments, and apartments.

By geography, South America has a significant growth rate during the forecast period due to continuous investments in the construction sector. Growth opportunities will be driven by a recovery in the non-residential and residential construction markets and a firmer outlook in the renovation and repair markets.

Some of the major wallcovering players are AS Creation Group, Adfors (Saint Gobain), Ahlstrom-Munksjo Oyj, Asian Paints Limited (APL), Benjamin Moore & Co, Brewster Home Fashion, Grandeco Wallfashion Group, J. Josephson Inc., Koch Industries Incorporated, Nippon Paint Holdings Co. Ltd, Roysons Corporation, Schumacher (F.) & Company, Steelcase Incorporated, Vescom Bv, Walker Greenbank PLC, York Wallcoverings Incorporated.

Distribution channel covered:
• E-commerce
• Mass merchandiser
• Specialized shop
• Building materials merchant
• Reception center
• Specialized shop

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Products covered:
• Fabric wallcovering
• Glass wall covering
• Metal wall cladding
• Ceramic
• To paint
• Wall panel
• Wallpapers

Applications covered:
• Residential
• Commercial

Regions covered:
• North America
o United States
o Canada
o Mexico
• Europe
o Germany
o United Kingdom
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia-Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East and Africa
o Saudi Arabia
o WATER
oQatar
o South Africa
o Rest of the Middle East and Africa

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