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Showing posts with the label Wallpaper Market

Unlock Insights: Trends Shaping the Wallpaper Market in 2025

The global  wallpaper market  size is expected to reach USD 2.44 billion in 2030 and is expected to grow at a CAGR of around 4.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth is primarily driven by the rising disposable income, the growing trend of home remodeling, and the major initiatives taken by market players to offer a variety of products. Commercial uses of wallpaper in hotels, restaurants, and hospitals across the globe are expected to boost the growth of the residential wallpaper industry.   The market is highly competitive due to the presence of a high number of companies with vast strong brand images, geographic presence, and wide distribution networks. Market players are expected to increase their focus on innovation with increasing R&D activities. For instance, in September 2020, AS Creation Tapeten AG revised the online shop with new functions like motifs and room configurators. These functions allow digital prints...

Wallpaper Market registering a CAGR of 3.7% over the forecast period

  Wallpaper Industry Overview The global wallpaper market size was valued at USD 1.66 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 3.7% from 2021 to 2028.    Increasing consumer spending on house renovation supported by higher disposable income is the major factor driving the product demand. The COVID-19 has resulted in a significant slowdown of the global economy. The pandemic has delayed the supply chain activity. The reliance for wallpapers on countries, such as South Korea and China, is, thus, impacting the market growth. However, supportive housing schemes in countries, such as India and Brazil, are fueling the demand for rental housing in these countries. This, in turn, is anticipated to drive the overall market.   Gather more insights about the market drivers, restrains and growth of the Global Wallpaper Market   Several companies in the industry have been seeking new ways to interact with their consumers. The...