Digitally Printed Wallpaper Market Research Report 2019 published By Market Research Future, provides information on Global Digitally Printed Wallpaper Industry Size, Share, Trends, Growth and Opportunity Assessment with Regional Analysis and Segmentation By Substrate (Vinyl, Nonwoven, Paper, and others), Printing Technology (Inkjet and Electrography), End-user (Residential construction, Non-residential construction, and Automotive) and Region — Global Forecast till 2023
As per a detailed analysis by Market Research Future (MRFR), the global digitally printed wallpaper market is estimated to garner a valuation of USD 7.12 billion, registering a CAGR of 23.51% during the forecast period (2018-2023). The surging focus on better aesthetics is predicted to encourage the market growth over the years. Digital images, art, and murals can be printed directly on a variety of wallpaper media like paper, vinyl, nonwoven materials, and others so that a digitally printed wallpaper can be created. The digitally printed wallpapers are manufactured by using digital printing methods like electrophotography and inkjet.
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Industry Updates
December 21, 2018: A manufacturer of cutting systems and inkjet printers, Mimaki Europe has recently announced its collaboration with more than ten inspirational leading designers in the world for Heimtextil 2019.
Competitive Dashboard
The prominent players operating in the global digitally printed wallpaper market comprises-
- Flavor Paper (US)
- A.S. Création Tapeten (Germany)
- Muraspec Decorative Solutions (UK)
- 4walls (US)
- Hollywood Monster (UK)
- Rasch GmbH & Co. KG (Germany)
- MX Display (UK)
- Graham & Brown (UK)
- Great Wall Custom Coverings (US)
- The Printed Wallpaper Company (UK)
Market Potential and Pitfalls
The digitally printed wallpaper market is witnessing a spike in its growth due to the mounting focus for better aesthetics, mammoth advancements in materials, and inflating trends of interior designing. The growth in the construction industry and steady urbanization coupled with remodeling/renovation projects and new residential building have influenced the market growth across the globe. This unprecedented growth has further resulted in the surging demand for better aesthetics, especially in the residential construction segment. The emerging environmental and health issues are leading to technological advancements in the material side, which is instrumental for generating the demand for eco-friendly wallpapers. The development of advanced materials and surging focus on durability and aesthetics has led the market to gain momentum in the foreseeable future. With the increased government regulations, initiatives, and investments in material R&D activities and the booming construction industry, the demand for digitally printed wallpaper is triggering across the globe. Moreover, digitally printed wallpaper is considered safer than paints which harm the environment. This is further likely to stimulate the market growth in the long run.
On the contrary, the fluctuating raw material prices coupled with the dearth of skilled labor are the top two concerns anticipated to impair the market growth during the appraisal period.
Global Digitally Printed Wallpaper Market: Segmental Analysis
The global digitally printed wallpaper market has been segmented on the basis of printing technology, substrate, and end-user.
By mode of the substrate, the global digitally printed wallpaper market has been segmented into vinyl, nonwoven, paper, and others. Among these, the vinyl segment commands a larger market share due to the ever-increasing popularity of vinyl wallpapers among the consumers in private as well as commercial construction. Due to the low cost, easy maintenance, and durability, vinyl is preferred over other materials.
By mode of printing technology, the market comprises electrophotography and inkjet. Among these, the inkjet technology commands a high growth due to its benefits in terms of easy usage and the ability to produce premium-quality prints. The technology also offers soundproofing, reduced heating cost, and lower air-conditioning which promotes its growth.
The end-user segment constitutes commercial construction, residential construction, and automotive. Among these, the residential segment experiences the fastest growth. Steady urbanization in this region has resulted in increased investment by the foreign and local players in the construction industry, especially in the residential projects. With the inflating remodeling and renovation projects, the scope for digitally printed wallpapers has widened.
Regional Insights
Geographically, the digitally printed wallpaper market span across regions namely, Europe, North America, Asia-pacific, and the Rest-of-the-World (RoW).
Considering the global scenario, the Asia Pacific region commands the maximum growth rate in the global market. The region is marked with a surging number of construction projects backed by growing investments in the residential construction especially in economies like India and China. In this region, China acquires the largest market share owing to the unparallel growth of the construction sector. The rising investments in R&D activities for advanced materials coupled with the stable growth in the private construction market are encouraging the market growth.
The European and the North American regions own a notable share in the global market and are likely to retain its growth in the foreseeable future. The surging investments in R&D activities for advanced materials are triggering its demand in these regions.
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Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
Continued……
List Of Tables
Table 1 Global Digitally Printed Wallpapers Market: By Region, 2018-2023
Table 2 North America Digitally Printed Wallpapers Market: By Country, 2018-2023
Table 3 Europe Digitally Printed Wallpapers Market: By Country, 2018-2023
Table 4 Asia-Pacific Digitally Printed Wallpapers Market: By Country, 2018-2023
Table 5 RoW Digitally Printed Wallpapers Market: By Country, 2018-2023
Table 6 Global Digitally Printed Wallpapers Market, By Substrate, By Regions, 2018-2023
Table 7 North America Digitally Printed Wallpapers Market, By Substrate, By Country, 2018-2023
Table 8 Europe Digitally Printed Wallpapers Market, By Substrate, By Country, 2018-2023
Continued…….
List Of Figures
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
Continued…..
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