Growth of the market is primarily triggered by the increase in demand for digital technology in wallpapers and the growing trends in interior decoration in the residential and non-residential sectors.
New York, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Digitally Printed Wallpaper Market by Printing Technology, Substrate, End-Use Sector and Region - Global Forecast to 2027" - https://www.reportlinker.com/p05439562/?utm_source=GNW
Vinyl segment to be the second largest substrate of digitally printed wallpaper
The market for digitally printed wallpaper is projected to witness strong growth in the vinyl segment due to the vast applications. This segment is projected to grow at a CAGR of 21.3% during the forecast period. Factors such as high durability and easy maintenance coupled with lower cost boost the demand for vinyl wallpaper, mainly in emerging economies.
Residential to be the second-largest segment during the forecast period.
The growing demand for residential construction due to rapid urbanization and rise in the number of housing renovation & remodeling activities, along with the increase in disposable income levels are propelling the growth of the digitally printed wallpaper market in the residential sector.
Europe to be the second-largest market for digitally printed wallpaper
Europe is the second-largest market for digitally printed wallpaper, in terms of value, in 2021.The market in Europe is driven by innovation.
It has a significant number of existing manufacturers who are actively participating in development activities, especially in expansions and acquisitions. The region is home to major technical foam manufacturers, such as A.S. Création Tapeten AG (Germany), Muraspec Group (UK), Tapetenfabrik Gebr. Rasch GmbH & Co. KG (Germany), MX Display (UK), Graham & Brown (UK), and McRobb Display Ltd. (UK).
This study has been validated through primaries conducted with various industry experts worldwide. These primary sources have been divided into 3 categories, namely by company, by designation, and by region.
• By Company- Tier 1 – 40%, Tier 2– 30%, Tier 3 – 40%
• By Designation- Directors – 30%, CXOs – 30%, Others– 40%
• By Region- North America- 20%, Europe- 20%, Asia Pacific- 40%, and Rest of World - 20%
The digitally printed wallpaper market comprises major manufacturers, The key players in the digitally printed wallpaper market are A.S. Création Tapeten AG (Germany), Muraspec Group (UK), Tapetenfabrik Gebr. Rasch GmbH & Co. KG (Germany), MX Display (UK), 4Walls (US) Flavor Paper (US), The Printed Wallpaper Company (UK), Hollywood Monster (UK), and Great Wall Custom Coverings (US) and among others. The study includes an in-depth competitive analysis of these key players in the digitally printed wallpaper market, with their company profiles, and key market strategies.
The report covers the digitally printed wallpaper market based on by printing technology (inkjet, electrophotography), by substrate (nonwoven, vinyl, paper), by end-use sector (non-residential, residential, automotive & transportation) and by region.The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the digitally printed wallpaper market.
The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Key Benefits of Buying the Report:
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approximations of the revenue numbers for the overall market and the sub-segments. This report will
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Read the full report: https://www.reportlinker.com/p05439562/?utm_source=GNW
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