As per the research report, it is expected that the size of the Global Digitally Printed Wallpaper Market will register a CAGR of 4.48% from 2019 to 2025.
Digitally printed wallpaper increases the aesthetic appeal of the walls and is cheaper than the interior paint. Advances in materials technology, such as those used for vinyl production, improve the durability of all coating materials. Vinyl wallpaper is five times larger than internal paint under normal conditions. In addition, the digitally printed wallpaper made of fabric or paper is not ecological. The combination of simple technology and natural materials is safer for the environment than in-house paint. These factors are expected to lead the digitally printed wallpaper market in the future.
It is expected that large investments in the industrial and infrastructure sectors will increase market growth during the forecast period, as rapid industrialization and urbanization increase the demand for new construction worldwide.
However, it is expected that the fierce competition between the paint and coating manufacturers and a high initial investment limit the market during the forecast period. The possible costs of exploiting digitally printed wallpaper are far superior to the investment costs of a one-time use of other printing technologies, which is a weakness in the adoption of digital printing.
It is expected also that the growing number of luxury homes and the interior decorating focus will create opportunities for the digital wallpaper market.
REPORT COVERAGE
REPORT METRIC |
DETAILS |
Market Size Available |
2018 – 2024 |
Base Year |
2018 |
Forecast Period |
2019 - 2025 |
Segments Covered |
By Prints, Technology, End-use & Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
A.S. Cration Tapeten, Caspar, Assort Wallpaper Paper, Color X, Flavor Paper, Ecosse Signs, Great Wall Custom Covers, Graham & Brown, Hollywood Monster. |
This research report includes below segmentation & sub-segmentation for the Global Digitally Printed Wallpaper Market and analyzed and forecasted the market size & forecast until 2025.
Digitally Printed Wallpaper Market - By Prints
Among the sector, it is expected that the vinyl sector will expand rapidly in terms of volume as the demand for vinyl-based wallpaper increases in the non-residential and residential construction sectors in the emerging Asia Pacific region. The notable growth of the segments of wallpaper based on vinyl can be attributed to the low cost, to better durability, to the resistance to the contamination and to the easy properties of maintenance of the fund of paper based on vinyl.
Digitally Printed Wallpaper Market - By Technology
Digitally Printed Wallpaper Market - By End-use
Among the sector, it is expected that the residential sector will dominate the market and is expected to expand at a strong pace due to the rapid industrialization and urbanization, and the growing demand for aesthetically attractive interior decoration.
Digitally Printed Wallpaper Market - By Region
Among all the regions, it is expected that North America will have the largest market share in 2023. The US market has many startups and regulatory compliance and favorable government regulations for the business environment. The favorable government regulations also make European companies invest in the US market, and the region is expected to help keep most of the digital printing market.
It is expected that the Asia Pacific region will contribute significantly to the digital wallpaper market. As industrialization in Indonesia, China and India increase, the demand for digital screen backgrounds in the non-residential and residential construction sectors is increasing. In addition, the higher living standards and the demand for new homes will increase the demand for vinyl-based wallpapers in the near future.
Major companies operating in the Global Digitally Printed Wallpaper include A.S. Cration Tapeten, Caspar, Assort Wallpaper Paper, Color X, Flavor Paper, Ecosse Signs, Great Wall Custom Covers, Graham & Brown and Hollywood Monster.
Digitally Printed Wallpaper Market