DUBLIN--(BUSINESS WIRE)--The "Digitally Printed Wallpaper Market by Substrate (Nonwoven, Vinyl, Paper, Others), by Printing Technology (Inkjet, Electrophotography), by End-use Sector (Residential, Non-residential, Automotive & Transportation), & Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The digitally printed wallpaper market is projected to grow at a CAGR of 25.0% and reach USD 7.74 billion by 2023 from USD 2.53 in 2018.
The growth of the market is primarily triggered by the increase in demand for digital technology in wallpaper and the growing trend of interior decoration in the residential and non-residential sectors. Factors such as increasing disposable income (GDP), rapid urbanization, and increasing government expenditure on infrastructural construction further contribute to the growth of this market. Stiff competition from paint & coating manufacturers might restrain the demand for digitally printed wallpapers.
The vinyl segment dominated the digitally printed wallpaper market in 2017, in terms of both value and volume. This segment is projected to be the fastest-growing in terms of volume during the forecast period. This growth can be attributed to factors such as high durability and easy maintenance, coupled with lower cost boost the demand of vinyl wallpaper, mainly in the emerging economies.
The Asia Pacific market is projected to be the fastest-growing during the forecast period. The major factor driving the growth of the market is the large-scale government investments in the infrastructure sector in this region. Additionally, the increasing population and rising incomes are driving the per capita spending on construction. The markets of China and India are projected to be lucrative due to their ongoing and upcoming infrastructural construction projects as well as rising consumer spending in construction.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Digitally Printed Wallpaper Market, By Substrate
8 Digitally Printed Wallpaper Market, By Printing Technology
9 Digitally Printed Wallpaper Market, By End-Use Sector
10 Digitally Printed Wallpaper Market, By Region
11 Competitive Landscape
12 Company Profiles
- A.S. Cration Tapeten
- Tapetenfabrik Gebr. Rasch GmbH & Co. Kg
- Graham & Brown
- Mx Display
- Flavor Paper
- Peggy-Betty Designs
- The Printed Wallpaper Company
- Hollywood Monster
- Great Wall Custom Coverings
- Moonavoor Sisustus
- Asheu Wallpaper Factory
- John Mark Ltd.
- Color X
- Ecosse Signs
- Vision Sign and Digital
- Surface Print
- Identity Holdings
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