AUGUST 23,2022/IndustryNewsGlobal/ — The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Digitally Printed Wallpaper Market.
The report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Digitally printed wallpaper market is likely to witness a healthy CAGR of 23.8% during the forecast period.
By Substrate Type
Based on the substrate type, the market is segmented as non-woven, vinyl, paper, and others. Vinyl held the largest share of the market in 2019, and is expected to remain dominant during the forecast period, mainly driven by its increasing popularity among the various end-users enhanced by its low cost, excellent durability and ease of handling and pasting.
By Printing Technology Type
Based on the printing technology type, the digitally printed wallpaper market is segmented as inkjet and electrophotography. Inkjet printer is expected to remain the more dominant printing technology type of the market during the forecast period, owing to its wider applications, exceptional durability, higher image quality and more accurate color matching.
By End-User Type
Based on the end-user type, the market is segmented as residential, non-residential, and transportation. The residential segment is expected to remain the largest end-user type of the market during the forecast period, owing to rapid urbanization with increasing demand for interior decorations.
In terms of regions, Asia-Pacific is expected to remain the dominant region of the market in the coming five years owing to the rise of living standards coupled with the largest and the fastest-growing construction market in the region. Industrialization, urbanization, and increasing disposable income in the emerging economies will continue to propel the demand for digitally printed wallpapers in the region over the next five years.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Digitally Printed Wallpaper Market analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
About Stratview Research
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