09.05.22
MarketsandMarkets report, "Digitally Printed Wallpaper Market by Printing Technology (Inkjet, Electrophotography), Substrate (Nonwoven, Vinyl, Paper), End-Use Sector (Non-Residential, Residential, Automotive & Transportation) and Region - Global Forecast to 2027," estimates that the size of the digitally printed wallpaper market in 2022 at USD $4.7 billion and is projected to reach USD 13.1 billion by 2027, at a CAGR of 22.4% from 2022 to 2027.
The major drivers for the market include growth in urbanization and increasing construction activities. However, rivalry from paint and coating producers limits the market growth.
The nonwoven segment is estimated to be the fastest-growing segment during the forecast period. This growth can be ascribed to its extensive range of benefits such as tear-resistance, washability, and less installation aqnd removal time. Additionally, these wallpapers do not shrink away when dry, are lightweight and flexible. The above properties allow them for use in high traffic areas such as kitchen, bathrooms, and hallways.
Digitally printed wallpapers are also used in hospitals, reception areas, restaurants, schools, churches, training rooms, bedrooms, conference centers, shopping centers, and tradeshows. The demand for wallpapers in a commercial application is growing.
The major drivers for the market include growth in urbanization and increasing construction activities. However, rivalry from paint and coating producers limits the market growth.
The nonwoven segment is estimated to be the fastest-growing segment during the forecast period. This growth can be ascribed to its extensive range of benefits such as tear-resistance, washability, and less installation aqnd removal time. Additionally, these wallpapers do not shrink away when dry, are lightweight and flexible. The above properties allow them for use in high traffic areas such as kitchen, bathrooms, and hallways.
Digitally printed wallpapers are also used in hospitals, reception areas, restaurants, schools, churches, training rooms, bedrooms, conference centers, shopping centers, and tradeshows. The demand for wallpapers in a commercial application is growing.