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Digitally Printed Wallpaper Market Worth $7.5 Billion By 2025 | What You Need To Know In 2021

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Abhijeet W
Digitally Printed Wallpaper Market Worth $7.5 Billion By 2025 | What You Need To Know In 2021

The global digitally printed wallpaper market size is estimated at USD 2.9 billion and projected to reach USD 7.5 billion by 2025, at a CAGR of 21.1% from 2020 to 2025. The major drivers for the market include increase in urbanization and rising construction activities. However, competition from paint & coating manufacturers restrains the market growth. Moreover, the increasing growth in commercial and marketing sectors is expected to propel the market for digitally printed wallpaper.

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Recent Developments 

  • In October 2019, Muraspec Wallcoverings launched three new wallcovering designs Tweed, Sorrento, and Novaro.
  • In September 2019, Muraspec launched two new wallcovering designs Herringbone and Accor, made from specialty inks for the luxury segment
  • In January 2019, the Meraspec Group launched new wallcovering collection Cantari. The company is adopting new product development as a growth strategy to strengthen its product portfolio and attract more customers

Opportunities: Increasing use in commercial and marketing sectors

The use of digitally printed wallpapers is not restricted to the residential sector. The demand for digital wallpapers is growing in commercial sector, in malls, gyms, spas, showrooms, hospitals and various other places. Through recent developments in digital printing, many businesses are have started using customized wallpapers to create business interiors representing the brand. Office design and colorful spaces have also been proven to increase productivity and work efficiency. In addition, the graphics are also helpful in marketing in offices and commercial environments.

On the basis of sustrate:

  • Nonwoven
  • Vinyl
  • Paper
  • Others (Glass Fiber, Canvas, and Grass Cloth)

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On the basis of region:

  • Asia Pacific
  • Europe
  • North America
  • Middle East & Africa
  • South America

Key Market Players

Major companies such A.S. Création Tapeten AG (Germany), Muraspec Group (UK), Tapetenfabrik Gebr. Rasch GmbH & Co. KG(Germany),MX Display (UK), 4Walls (US) Flavor Paper (US), The Printed Wallpaper Company (UK), Hollywood Monster (UK), and Great Wall Custom Coverings (US) and among others.

 

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