Global Wall Covering Market: Industry Analysis and Forecast, 2021–2030:
The global wall covering market size was valued at $152 billion in 2021, and is projected to reach $239.7 billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031.
Wall covering is used to enhance the aesthetic appearance and protect the vertical surfaces of houses and offices. Depending on individual needs, it is a covering that may be used on both internal areas and external facades. Wall coverings are widely implemented in residential and non-residential sectors. Wallpaper, wall-panel, and tiles such as marble and ceramics are some of the popular materials used as wall coverings. Wallpaper and tiles are used at offices, business premises, and homes to make them look elegant and stylish.
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The research provides a detailed analysis of drivers, restraints, and opportunities of the global Wall Covering market. These insights shower necessary guidance to determine driving factors and implement strategies to gain a sustainable growth and tap on opportunities to explore the potential of the market.
Covid-19 impact:
- Manufacturing activities of Wall Covering halted due to implementation of global lockdown.
- Moreover, supply chain disruptions, shortage of labor, and unavailability of raw materials created challenges in carrying out manufacturing in full capacity.
- Several construction activities were delayed in order to maintain the social distancing norms.
- The demand from end use industries reduced significantly due to halt in day-to-day operations in 2020. However, the demand would grow steadily during post-lockdown as daily operations get back on track.
- The ban on import-export activities led to supply chain disruption and supply-demand gap. As the restrictions are lifted off, the supply chain will be restored.
Analyst review of the market:
Product Type
Wallpaper
Wal panel
Tile
Material type
Ceramic
Vinyl
Porcelain
Competitive Landscape: A.S. Creation Tapeten AG, Ahlstrom Munksjo, Architonic, Asian Paints Ltd., Brewster, Daltile, F. Schumacher & Co., Grandeco, J. Josephson Inc., Maya Romanoff Corporation, Nippon Paint Holdings Co. Ltd, Onmi W.C. Inc., Osborne & Little, Saint Gobain, Sanderson Design Group, Waldan Paper Services, LLC, York WallCoverings
The key market players analyzed in the report include The report provides a detailed analysis of these key players of the market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Key Benefits for Stakeholders:
- This report offers a quantitative analysis of the market segments, current trends, estimations, and dynamics of the Wall Covering# market analysis from 2021 to 2031 to identify the prevailing Wall Covering# market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the Wall Covering# market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global Wall Covering market trends, key players, market segments, application areas, and market growth strategies.