Wall Covering Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Wall Covering Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A6392
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Market Overview:

The global wall covering market size reached US$ 36.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 47.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.

Wall coverings refer to a range of flexible textured fabrics or wallpaper sheets that are applied on vertical surfaces to cover, protect, and decorate the interior space of a building. They encompass backing, ground coating, ink, solid paper, and layers of vinyl as traditional raw materials that are later printed, pre-pasted and laminated on a solid plastic decorative surface. Wall coverings help in withstanding scribbles or scratches caused by furniture, adding textures in residential areas, hiding imperfections, reducing the risk of mold, and enhancing the overall aesthetics of the space. Apart from this, wall coverings are non-toxic, cost-effective, easy to install, require less maintenance, moisture, chemical, and fire-resistant, and can be employed permanently or semi-permanently based on individual preferences. As a result, they are used across several residential and commercial complexes, including lobbies, malls, educational institutions, and offices.

Global Wall Covering Market

Wall Covering Market Trends:

Extensive investments in infrastructural projects and the ongoing construction of various residential and non-residential complexes have intensified the adoption of wall coverings to protect interiors from moisture and stains. This is further influenced by the considerable expansion in the construction industry and the shifting consumer inclination toward visually appealing interior and exterior wall designs. Additionally, the advent of graphic design and new wall covering production facilities and the uptake of digital printing technologies to print textiles in diverse textures are acting as another growth-inducing factor. Moreover, the rising usage of premium wall coverings with high-quality finishes in the kitchen, shower enclosure, and bathroom is supporting the market growth. Apart from this, the composition of insulated wall panels to offer superior insulation and strategic collaborations amongst key players to launch innovative product variants in various colors, patterns, sizes, and materials to meet evolving consumer preferences are creating a positive outlook for the market. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global wall covering market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, printing type, application and end user.

Breakup by Product Type:

  • Wall Panel
  • Wall Paper
    • Vinyl Wallpaper
    • Non-woven Wallpaper
    • Paper-based Wallpaper
    • Fabric Wallpaper
    • Others
  • Tile
  • Metal Wall Covering
  • Others
     

Breakup by Printing Type:

  • Digital
  • Traditional
     

Breakup by Application:

  • New Construction
  • Renovation
     

Breakup by End User:

  • Commercial
  • Residential
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being A.S. Création Tapeten AG, Ahlstrom-Munksjö Oyj, Architonic, Asian Paints Ltd, Brewster Home Fashion, F. Schumacher & Co., Grandeco Wallfashion Group, J. Josephson Inc., Osborne & Little, Saint-Gobain, Sanderson Design Group and York Wallcoverings Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Product Type, Printing Type, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered A.S. Création Tapeten AG, Ahlstrom-Munksjö Oyj, Architonic, Asian Paints Ltd, Brewster Home Fashion, F. Schumacher & Co., Grandeco Wallfashion Group, J. Josephson Inc., Osborne & Little, Saint-Gobain, Sanderson Design Group and York Wallcoverings Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global wall covering market was valued at US$ 36.3 Billion in 2022.

We expect the global wall covering market to exhibit a CAGR of 4.4% during 2023-2028.

The growing adoption of wall coverings in residential and commercial complexes, including lobbies, malls, educational institutions, offices, etc., as they are non-toxic, cost-effective, easy to install, etc., is primarily driving the global wall covering market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous construction and renovation activities, thereby negatively impacting the global market for wall covering.

Based on the product type, the global wall covering market has been segmented into wall panel, wall paper, tile, metal wall covering, and others. Among these, tile currently holds the largest market share.

Based on the printing type, the global wall covering market can be divided into digital and traditional. Currently, traditional accounts for the majority of the global market share.

Based on the application, the global wall covering market has been segregated into new construction and renovation, where new construction currently exhibits clear dominance in the market.

Based on the end user, the global wall covering market can be bifurcated into commercial and residential. Currently, the residential sector holds the majority of the total market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global wall covering market include A.S. Création Tapeten AG, Ahlstrom-Munksjö Oyj, Architonic, Asian Paints Ltd, Brewster Home Fashion, F. Schumacher & Co., Grandeco Wallfashion Group, J. Josephson Inc., Osborne & Little, Saint-Gobain, Sanderson Design Group, and York Wallcoverings Inc.

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Wall Covering Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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