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WALLPAPER MARKET ANALYSIS

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WALLPAPER MARKET ANALYSIS

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker     Wallpaper Market- 2017-2027  Definition of Market/Industry:  Wallpaper is used in construction industry for the purpose of interior decoration           for decorating the walls of commercial and residential buildings. The scope of             the report global wallpaper market takes into consideration of both wallpapers           and wall coverings.                                        Statistics:  Global wallpaper market was valued at US$ 6,946.2 Mn in 2018, and is expected             to reach US$ 11,286.7 Mn by 2027, exhibiting a CAGR of 5.9% over the forecast               period.                                   

  2. Drivers:  The global ​wallpaper market is expected to witness significant growth, owing to           the numerous advantages provided by wallpaper in terms of excellent durability,           easy installation, and wide availability of wallpaper products. Furthermore,         increasing trend of interior decoration within the residential and commercial           spaces is expected to drive growth of the market. Interior decoration is an             important part of construction industry, as aesthetical appearance of residential           homes or commercial buildings is a prime factor for consumers. Therefore,             growth of the construction industry is expected to boost demand for         aesthetically appealing wallpapers over the forecast period. For instance,       according to the Global Construction 2030 perspective and Oxford Economies,           in 2016, the global construction industry was valued at US$ 9.5 trillion, which is           expected to grow by 85% to reach US$ 17.5 trillion by 2030, with China, India,               and the U.S. accounting for 57% of the global share. Moreover, according to the                 India Brand Equity Foundation, the Indian real estate sector was valued at US$           120 billion in 2017, and is expected to reach US$ 1 trillion by 2030. Moreover, it                 is expected to contribute over 13% to the country’s GDP.                                                                                                                                                                                                    Statistics:  Figure 1. Global Wallpaper Market Share (%), By Region, 2018     

  3. Market Restraints  The wallpaper market is restrained by its limited use in specific locations of the             building. Wallpapers can be efficiently used in specific locations such as         bedrooms, seating areas, dining area, and others However, it cannot be used in           kitchen, bathroom or exterior decoration. Constant exposure to sunlight can         damage the wallpaper and may burn part of it or can fade color of the wallpaper.             Exposure to humidity & heat causes the wallpaper to peel off, therefore,             wallpapers do not last long in areas exposed to constant sunlight or humidity.               These factors are expected to hamper growth of the global wallpaper market             over the forecast period.                                                                                                                    Market Opportunities  Increasing consumer awareness about harmful volatile organic compounds in         paints is shifting their preference towards more eco-friendly decorative options.           Most of the wallpapers are made using PVC, which contains phthalate             plasticizers & dilutants. During wallpaper production, these chemicals partially         evaporate and some components remain in the wallpaper. Such toxic chemicals         can migrate into the home environment, which can potentially harm human           health. Therefore, eco-friendly wallpapers made of natural raw material are       expected offering growth opportunities to wallpaper manufacturers.                                                                                  Figure 2. Global Wallpaper Market Share (%), By Product Type, 2018     

  4. Competitive Section:  Company Names   ● York Wallcoverings  ● 4Walls  ● Len-Tex Corporation  ● Koroseal Interior Products, LLC  ● Wallquest Inc.  ● Fidelity Wallcoverings Inc.  ● Brewster Home Fashions LLC.  ● The Wallpaper Company  ● Glamora S.r.l.  ● Arte-International   Recent Developments  Len-Tex Corporation  ● In March 2016, the company launched Celeste, a Mylar-printed design.  This new design incorporated the company’s Clean Vinyl Technology, a  phthalate-free construction, eliminating health risks and contributing to  cleaner indoor air. This launch helped the company in expanding its  product portfolio and thereby, increasing its customer base.  Brewster Home Fashions LLC  ● In June 2017, Brewster Home Fashions, a family-owned distributor and  manufacturer of wall coverings and home décor products, purchased the  assets of Fetco Home Décor, Inc. This transaction expanded Brewster’s  product offerings in the home décor category.     

  5. 1. Request Sample Report 2. Download PDF Brochure 3. Request Customization 4. Talk to Analyst Reference https://www.coherentmarketinsights.com/market-insight/wallpaper-market-3316 About Us: ​ Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. What we provide: •​Customized Market Research Services •​Industry Analysis Services •​Business Consulting Services •​Market Intelligence Services •​Long term Engagement Model •​Country Specific Analysis Contact Us:

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