Global Wall Covering Market - Growth, Industry Analysis, Trends, Forecast - (2017 - 2022)
The global wall covering market valued at USD 22.56 billion in 2015 is estimated to grow at a CAGR of 7.32% to reach USD 32.12 by 2020. In the present scenario, wall panel and wallpaper, a sub-segment of wall coverings are the dominant products, as they are commonly available. Emerging technologies like digital printing and faux finishes are factors which shall improve the sales and opportunities of wall coverings. The positive growth of building constructions in residential and commercial places will increase the demand for wall coverings.
This market is driven by factors such as rapid urbanization, digital wall coverings, availability of styled products etc. However, this market faces the challenge of premium pricing, as most of the wall coverings are custom designed.
The wall covering market is segmented based on product (wallpaper, wall panel, fabric wall covering, glass wall covering, metal wall covering, interior paints, ceramics), by application (residential, commercial), distribution channel (specialty stores, home centers, building material dealers, furniture stores, mass merchandisers, e-commerce etc.). Regionally, Europe occupies the largest market share and Asia-Pacific is the fastest growing market as people are more inclined towards interior designs.
Key Industry Players
This report describes a detailed study of Porter’s five forces analysis of the market. All the five major factors in these markets have been quantified using internal key parameters governing each of them. It also covers the market landscape of these players, which includes the key growth strategies, geographical footprint, and competition analysis.
The report also considers key trends that will influence the industry and profiles over 10 leading suppliers such as:
Brewster Home Fashions
F. Schumacher & Company
Decorative Panels International
Koroseal Interior Products
Akzo Nobel N.V.
Asian Paints Limited
Market definition for wall covering along with identification of key drivers and restraints for the market.
Market analysis for the wall covering market, with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies, which can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
Identification and analysis of the macro and micro factors that affect the wall covering market on both global and regional scales.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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