Wall Covering Market 2019 Trends, Drivers, Strategies, Applications and Competitive Landscape 2024

(The Express Wire via Comtex)

Wall Covering Market share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Global “Wall Covering Market” is an overview of the global market is provided with prime focus on factors boosting and hampering market. This will help investors get a clear understanding on which aspects to focus on and how to economically support the market globally. The impact of prevailing regulatory scenario on both regional and worldwide Wall Covering market is provided detail in this report.

Market Overview:

  • The Wall Covering Market is expected to register a CAGR of over 4.63% during the forecast period 2019 - 2024. The increasing disposable income and rapid rise in urbanization have been significantly driving the historic transformation of human social roots on a global scale, by predominantly replacing rural culture. This has resulted in the increasing usage of wall coverings, along with other modern products, such as window frames with very low heat transmission, electrical cables and conduits, easily cleaned flooring, and light reflecting roofing.
  • Residential constructions account for a substantial market share in wallpaper market and are expected to witness a significant growth rate. The employment opportunities and population growth are fundamental drivers of rising demand for new housing as sustained population growth across the world has led to increased demand for all dwellings, including apartments.
  • Furthermore, high-density apartments have also accounted for most of this increase in residential buildings, such that in Australia, by 2015, apartments accounted for one-third of all residential building approvals. The increase in apartment construction delivered many dwellings that are less expensive than larger, lower-density housing.
  • The wall covering market suffers from negative consumer perceptions and stiff competition from paint and coatings. Paint is considered a better option, as compared to wall coverings in certain applications. For instance, in rooms with high humidity levels, paints are more suitable because, unlike wallpaper, paint is suited to both the kitchen and bathroom, can deal with humidity, and is mold resistant.
  • Moreover, removing existing wallpaper can be a tedious task that requires the right tools to be effective. Stripping wallpaper can be done with chemicals or stripping tools, but care must be taken or the wall can be damage.Paints, however, have reduced their cons over years. Applying primer paint in advance to painting over darker color paint will make painting preparation easier. Also, paint requires considerably less preparation time than wallpaper.

Get a Sample Copy of the Report - https://www.absolutereports.com/enquiry/request-sample/13999720

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:

  • Adfors (Saint Gobain)
  • Ahlstrom
  • Munksjö Oyj
  • Asian Paints Limited (APL)
  • A.S. Création Group
  • Walker Greenbank PLC
  • Nippon Paint Holdings Co. Ltd
  • Grandeco Wallfashion Group
  • Brewster Home Fashion
  • J. Josephson Inc.
  • Benjamin Moore and Co.

Scope of the Report:

  • Wall coverings protect the wall surface from accidental marks or scratches, besides imparting an air of quality and grandeur to uncovered walls. They further help in neutralizing interior and customizing it with the help of various colors and patterns. Also, these coverings are cost effective. The two common areas of applications of wall coverings include residential and commercial. Residential wall coverings are mainly used in homes and in small businesses to add attractiveness to rooms and to express individual style.

Market Dynamics:

  • Drivers: (Developing regions and growing markets)
  • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
  • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

The report provides key statistics on the market status of the Wall Covering Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Wall Covering.

For More Information or Query or Customization Before Buying, Visit at - https://www.absolutereports.com/enquiry/pre-order-enquiry/13999720

Key questions answered in the report include:

  • What will the market size and the growth rate be in 2024?
  • What are the key factors driving the global Wall Covering market?
  • What are the key market trends impacting the growth of the global Wall Covering market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Wall Covering market?
  • What are the market opportunities and threats faced by the vendors in the global Wall Covering market?
  • Trending factors influencing the market shares of the relevant regions.
  • What are the key outcomes of the five forces analysis of the global Wall Covering market?

Key Market Trends:

Residential Sector is expected to register a Significant Growth

The increasing demand for premium real estate is one of the vital trends impacting the market studied. Real estate companies are focusing on value addition, by offering sophisticated designs and luxurious interiors, to lure consumers.

The demand in residential wall coverings is mainly driven by household customization. Moreover, with increasing residential construction and growth of spending power of people, in regions like Asia-Pacific, the market studied is expected to register growth. Additionally, the decrease in average household size, owing to an increasing number of individuals living alone, is driving the demand for real estate, thereby influencing the demand for wall coverings.

Moreover, the advancements in wall covers have led to the introduction of eco-friendly interior products for residences. The 3D wall panels and 3D wall tiles have become prominent in the market, in recent times.

Geographic Trends

Latin America has a significant growth rate over the forecast period owing to flowing investments in the construction sector. Brazil has the highest market share in this region followed by Mexico. Growth opportunities through 2016 will be sparked by a recovery in both non-residential and residential building markets and strengthening prospects in renovation and repair markets.

Adoption of wall covering products in the region is buoyed by the increasing construction sector in countries like Brazil and Mexico along with the greatest gains in residential markets. For instance, China Communication and Construction also signed a USD 700 million deal for the construction of a terminal at the Port of Sao Luis, while a USD 300 million loan deal was reached between the Exim Bank of China and Banco do Brasil.

Imports of wall covering products have been steadily declining for a decade, reflecting the weakening market environment for wallpaper. However, changing consumer preferences and improving economies are expected to offer opportunities for growth in the region.

Purchase this Report (Price 4250 USD for single user license) - https://www.absolutereports.com/purchase/13999720

Study objectives of Wall Covering Market Report:

  • To provide a detailed analysis of the market structure along with the forecast of various segments and sub-segments of the Wall Covering market
  • To provide insights into factors influencing and affecting market growth
  • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
  • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
  • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
  • To provide economic factors, technology trends, and market trends that influence the global Wall Covering market

Detailed TOC of Wall Covering Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Increasing Number Of Residential Buildings
4.3.2 Availability Of Styled Products
4.3.3 Increase In Do-it-yourself (Diy) Trends
4.4 Market Restraints
4.4.1 High Competition From Paints
4.5 Value Chain / Supply Chain Analysis
4.6 Industry Attractiveness Porters Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Wall Panel
5.1.2 Wall Paper
5.1.3 Tile
5.1.4 Metal Wall Covering
5.1.5 Others
5.2 By Application
5.2.1 Commercial
5.2.2 Residential
5.3 By Distribution Channel
5.3.1 Specialty Store
5.3.2 Home Center
5.3.3 Building Material Dealer
5.3.4 Furniture Store
5.3.5 Mass Merchandizer
5.3.6 E-commerce
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Adfors (Saint Gobain)
6.1.2 Ahlstrom-Munksjö Oyj
6.1.3 Asian Paints Limited (APL)
6.1.4 A.S. Création Group
6.1.5 Walker Greenbank PLC
6.1.6 Nippon Paint Holdings Co. Ltd
6.1.7 Grandeco Wallfashion Group
6.1.8 Brewster Home Fashion
6.1.9 J. Josephson Inc.
6.1.10 Benjamin Moore and Co.

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

Contact Us:

Name: Ajay More

Phone: US +14242530807/ UK +44 20 3239 8187

Email: [email protected]

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Wall Covering Market 2019 Trends, Drivers, Strategies, Applications and Competitive Landscape 2024