The decor paper market size is estimated to be worth USD 5,195.2 million in 2024 and is anticipated to reach a value of USD 7,555.5 million by 2034. Sales are projected to rise at a CAGR of 3.8% over the forecast period between 2024 and 2034. The revenue generated by decor paper in 2023 was USD 5,009.7 million.
Decor papers weighing 81-120 g/m2 are used to a large extent for furniture & cabinets, flooring, paneling and some other end-uses, capturing a market share of 44.9% in 2024 in the decor paper market. This is because of its ideal balance between durability and print quality.
Décor papers within this weight range are thick enough to provide the necessary strength and opacity, offering vivid and long-lasting printing design, suitable for applications like furniture and laminate flooring.
Decor Paper Industry Forecast
| Attributes | Key Insights |
|---|---|
| Historical Size, 2023 | USD 5,009.7 million |
| Estimated Size, 2024 | USD 5,195.2 million |
| Projected Size, 2034 | USD 7,555.5 million |
| Value-based CAGR (2024 to 2034) | 3.8% |
Décor papers find major applications for low-pressure laminates due to their capability to form effective bonds with resins at relatively low temperatures and pressure. Among other applications, low-pressure laminates have captured a significant share of 74.1% in 2024 in the decor paper market. These papers are known for offering high-standard aesthetics such as unique designs, patterns and vibrant colors.
Among several end-use, furniture & cabinets have been utilizing decor paper more often than other end-use cases, expected to account for more than 34.0% of the market share over the forecast period. This rise is amid its ability to modify normal and plain surfaces into unique and eye-catching premium-looking designs, such as wood, metal, or stone textures.
These papers are also adaptable with flat and curved surfaces, consequently offering smooth integration into a wide range of furniture designs.
The decor paper market is poised for profitable growth at a CAGR of 3.8% during the forecast period. It is estimated to generate a valuation of USD 7,555.5 million and is predicted to rise 1.5 times the current value through 2034.
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The below table presents the expected CAGR for the global decor paper market over several semi-annual periods spanning from 2024 to 2034.
| Particular | Value CAGR |
|---|---|
| H1 | 3.6% (2023 to 2033) |
| H2 | 4.0% (2023 to 2033) |
| H1 | 3.5% (2024 to 2034) |
| H2 | 4.1% (2024 to 2034) |
In the first half (H1) of the decade from 2023 to 2033, the business is predicted to surge at a CAGR of 3.6%, followed by a slightly higher growth rate of 4.0% in the second half (H2) of the same decade.
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to decrease slightly to 3.5% in the first half and remain relatively moderate at 4.1% in the second half. In the first half (H1) the market witnessed a decrease of 10 BPS while in the second half (H2), the market witnessed an increase of 10 BPS.
Rising Renovations and Remodeling Activities Fuel Demand for Colorful Decor Papers
People across various regions are investing in renovation and remodeling activities to maintain their interior designs and other related furniture at homes and offices. Most of them are renovating their homes and offices to have interior designs with new and attractive designs aligning with the changing trends and also saving the costs that would have been required in case of a complete overhaul.
The Home Improvement Research Institute, stated that, the rate of DIY projects in kitchen renovation were 43% in the second quarter of 2023.
These increases cases of kitchen remodeling and renovation consequently are pushing the colorful and durable decor papers for offering a refreshing new appearance for the homes and offices. The rise in DIY activities not only in kitchens but also in bedrooms, furniture, cabinets, restrooms, and schools for making walls with decorative wallpapers to create a happy environment for students.
The easy-to-apply, minimum maintenance and ability to print a wide variety of designs, textures, and finishes that can suit different tastes and styles. These increased cases of remodeling and renovation prominently from urban areas are driving the demand for decor papers like printed base paper with diverse colors, pre-printed paper, and solid color for developing regions across the globe.
E-commerce Surge and Retail Expansion Boost Decor Paper Market
The retail and e-commerce channels are growing on a large scale major in the developing regions. The regularly developing advanced digital technology and ease of using various e-commerce channels for online shopping have offered an easy and quick access for wide variety of decor paperproducts.
The International Trade Administration stated that, the global B2C e-commerce sales is estimated to rise at a rate of 14.4% and reach USD 5.5 trillion by 2027. The expansion of retail sector also plays a deciding role as the number of physical stores and specialty outlets grow continuously.
Several prominent home improvement stores that sell items such as furniture, wardrobes, doors, cabinet interiors, and more have helped make decor papers more readily available. These stores provide a wide variety of items, including both classic and modern, environmentally-friendly choices, to suit different shopper tastes.
Online shopping sites such as Amazon and Etsy offer worldwide access, enabling shoppers to browse and buy decorative papers from any location. Online shopping has increased market growth by providing detailed product descriptions and customer reviews that help consumers make informed decisions.
Availability of Alternate Solutions Poses Potential Risks in the Market
The availability of alternative materials and finishes is expected to pose significant challenges for the growth of decor paper market due to increasing environmental awareness. The consumers have shown a transition towards environmentally conscious sustainable and eco-friendly interior design solutions and materials.
These factors have resulted in the usage of alternative eco-friendly materials like reclaimed wood, bamboo, and recycled plastic as they are sourced naturally and also proven to have reduced environmental impact. This is because of its higher sustainability rate and equivalent functional benefits over traditional decor papers that are not easily recyclable or biodegradable.
For example, reclaimed wood offers a rustic, natural appearance without utilizing actual wood seeking attention of the consumers that want for both sustainability and innovative look in their interior designs for flooring, furniture and paneling applications.
Principal Consultant
The global decor paper market recorded a CAGR of 2.2% during the historical period between 2019 and 2023. Market growth of decor paper was positive as it reached a value of USD 5,009.7 million in 2023 from 4,583.5 million in 2019.
The decor paper market experienced an incremental growth opportunity of USD 426.2 million between the period of 2019 to 2023 and is expected to have high demand due to the risen demand for aesthetically appealing, cost-effective, and customizable interior solutions across residential and commercial spaces.
These decor papers are produced in multiple weight ranges as per the requirement from the end use case which include papers less than 65 g/m2, 65 to 80 g/m2, 81 to 120 65 g/m2, etc. Among these, decor paper with a weight of 65 to 80 g/m2 decor papers have shown a uniform Y-o-Y growth at a rate of 3.8% and generated a valuation of USD 1,402.7 million in 2023.
This is because of its compatibility with the coating process, better resin absorption and balanced tactile feel.
The low-pressure laminate application has captured a market share of 74.3% in 2023 compared to other applications, attributed to its inexpensive nature than high-pressure laminates, ease of manufacturing and widespread use in furniture particularly for cabinets, desks, and shelving,
Due to these benefits of decor paper and utilization for various purposes for decorative laminates for furniture, flooring, paneling, etc. decor paper manufacturers are focusing on research and development to introduce decor papers with improved features like printability, ink rapid ink absorption and durability.
Tier 1 firms are market leaders who generate over USD 150 million in revenue annually and hold a substantial 10% to 20% market share in the worldwide market. These industry leaders stand out for having a large product variety and a high production capacity.
These industry giants stand out for having a wide geographic reach, a wealth of production experience in a variety of package styles, and a strong customer base. They offer a variety of services, such as recycling and manufacturing, using state-of-the-art equipment, according to legal requirements, and offering the best possible quality.
Among the well-known businesses in tier 1 are Sappi Limited, Felix Schoeller, SURTECO GmbH and Toppan Europe GmbH.
Mid-size businesses with annual revenue between USD 50 and USD 150 million that are based in certain areas and have a significant impact on the local market are considered Tier 2 enterprises. They are distinguished by having a significant international presence and in-depth industry expertise.
These market participants may not have cutting-edge technology or a broad worldwide reach, but they do guarantee regulatory compliance and have good technology. Among the well-known businesses in tier 2 are Ahlstrom Holding, Munksjö., DIC CORPORATION, Koehler Paper, ITC Limited, Neodecortech SpA, I.DECOR Exp.Imp Co., Ltd. and many more.
Tier 3 includes most small enterprises operating locally and serving certain industries with less than USD 50 million in revenue. Due to their specialization in serving the demands of the local market, these companies are classified as belonging to the tier 3 sharing sector.
They only operate on a small scale and within a limited geographic area. Within this specific context, Tier 3 is categorized as an unstructured market, denoting an industry that is significantly less formalized and structured than its organized rivals.
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The section below covers the future forecast for the decor paper market in terms of countries. Information on key countries in several parts of the globe, including North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe and MEA is provided.
Canada is anticipated to remain at the forefront in North America, with a CAGR of 4.2% through 2034. In South Asia & Pacific, India is projected to witness a CAGR of 6.0% by 2034.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| USA | 2.9% |
| Germany | 1.8% |
| China | 4.7% |
| UK | 2.1% |
| Spain | 3.7% |
| India | 6.0% |
| Canada | 4.2% |
The decor paper industry in Canada is projected to grow at a CAGR of 4.2% compared to other countries in the North America by 2034.
Canada’s economic stability and suitable friendly business environment seek the attention of big domestic and international investors for commercial development. Businesses across all sectors are expanding their operation to fulfil the ever-increasing demand and to cater to new markets, for this they require additional office spaces, conference rooms, waiting rooms, etc.
According to NAIOP Corporate, commercial real estate (CRE) in Canada generated a valuation of USD 148.4 billion to Canada’s GDP. As commercial real estate increases, the need for decor papers is also on the rising need for to furnish and decorate these spaces with stylish and functional finishes.
Many businesses develop their spaces often representing their brand identity which involves unique designs and themes in their commercial spaces, enhancing customer experience and brand recognition. This commercial real estate growth in regions like Canada is pushing the demand for decor papers.
Manufacturers across Germany are offering lucrative opportunities for the decor paper market by offering papers with multifunctional properties. The country is anticipated to record a CAGR of 1.8% during the evaluation period.
Rising demand for multi-functional decor papers is now driving the decor papermarket. Properties such as aesthetically pleasing paper, strength, water resistance, scratch resistance, and antimicrobial properties make these papers very popular for diverse applications. Decor papers offer versatility in such diverse applications beyond merely decorative needs but for hygiene and longevity demands in several scenarios.
Companies like Schattdecor are engaged in producing decor papers for an attractive surface design but are also able to provide the necessary enhanced durability and functionality for daily usage. Moisture-resistant papers are appropriate for such applications as kitchens and bathrooms.
Others that are scratch and stain-resistant would be excellent for retail storefronts and office settings. This growing demand from consumers for multi-functional, robust decor alternatives is expected to propel the market in the upcoming years.
The section contains information about the leading segments in the industry. In terms of product, print base paper are estimated to account for a share of 40.8% by 2034. By end use, the furniture segment is projected to dominate by holding a share of 34.0% by the end 2034.
| Product | Print Base Paper |
|---|---|
| Value CAGR (2034) | 3.2% |
Among various products, print base paper is expected to lead the decor paper market during the assessment period. Print base paper is anticipated to rise at a CAGR of 3.2%, and hold for 40.8% of the total market share till the end of 2034.
The decor paper market encompasses different products with diverse characteristics in order to meet the demand for diverse applications. Among these, print base paper is used more often attributed to its versatility like white printed paper and color print base decor paper with numerous shades.
This versatility allows for delivering attractive designs and patterns including wood grains, stones, and abstract designs, which are crucial for laminates used in furniture, flooring, and cabinetry. Print bases paper is also known for its excellent performance in resin impregnation which intensifies its durable nature during the lamination process.
Its compatibility with advanced and high-speed printing technologies provides additional benefits for large-scale production while reducing production times. Print base papers have smooth surfaces which allows for uniform ink absorption necessary for developing visually appealing decorative laminates.
Also, the ideal balance between quality and cost has made print bases one of the preferred choices as compared to other decor papers. These factors are expected to propel the demand for decor paper for diverse applications across various regions around the globe in the upcoming years.
| End Use | Furniture |
|---|---|
| Value CAGR (2034) | 3.0% |
The furniture & cabinets segment among other end uses like flooring, paneling, external cladding, partition and store fixtures are estimated to dominate the decor paper market with a CAGR of 3.0% over the forecast period.
Although decor papers are used for a variety of end-use cases, furniture has the highest usage of decor papers. This is because furniture and cabinets often require decor papers to provide a decorative finish and protect against wear for maintaining a cohesive design throughout.
Décor papers are used for several applications in furniture and cabinet segments such as surfaces, laminates, drawer linings, backsplash, upholstery, interior components, etc. One of the major reasons behind the high usage of these papers is their minimal maintenance as they are often easier to clean and maintain compared to some other materials.
Also their ease of application and ability to provide sufficient resistance to wear and tear, consequently making them favorable choices for these types of purposes. Evolving lifestyles have led to increased demand for trendy and customized furniture solutions, ultimately leading to escalated demand for decor paper. Due to these reasons, decor paper are anticipated to gain impetus demand over the forecast period.
Leading companies in the decor paper are creating and introducing new products with additional benefits and applications to the market. They are expanding their geographic reach and merging with other companies. Few of them are also working together to develop new products in partnerships with start-up businesses and regional brands.
Key Developments in Decor Paper Market
Decor paper are made with multiple weight range which include Below 65 g/m2, 65-80 g/m2, 81-120 g/m2, Above 120 g/m2.
Décor papers are available in several products such as print base paper, solid colors, shuttering base, liners, and pre-printed paper. The print base paper is further categorized into white print paper and color print paper. Further, the color print paper is sub-categorized into brown shade, coffee shade, teak shade and timber shade.
Various applications of decor paper include low pressure laminates, high pressure laminates and edge bonding.
End uses for decor paper market are furniture, flooring, paneling, partition, store fixtures, and external cladding.
Key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, Middle East and Africa are covered.
The decor paper industry is projected to witness CAGR of 3.8% between 2024 and 2034.
The global decor paper industry stood at USD 5,009.7 million in 2023.
Global decor paper industry is anticipated to reach USD 7,555.5 million by 2034 end.
South Asia & Pacific is set to record a CAGR of 5.5% in assessment period.
The key players operating in the decor paper industry are Sappi Limited, Felix Schoeller, SURTECO GmbH and Toppan Europe GmbH.
1. Executive Summary
2. Industry Introduction
2.1. Market Taxonomy
2.2. Market Definition
3. Market Trends and Success Factors
4. Market Background
4.1. Macro-economic and Industry Outlook
4.2. Market Dynamics
4.3. Value Chain Analysis
4.4. List of Key Market Participants (Manufacturers/Channel Partners)
4.5. Analysis of Key Industry Matrices
4.6. Industry Development Roadmap
5. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034
5.1. Historical Market Volume Analysis
5.2. Future Market Volume Projections
6. Pricing Analysis
7. Global Market Value (USD) Analysis 2019 to 2023 and Forecast 2024 to 2034
7.1. Historical Sales Analysis
7.2. Future Market Size and Growth Projections
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Weight
8.1. Below 65 g/m2
8.2. 65-80 g/m2
8.3. 81-120 g/m2
8.4. 120 Above g/m2
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product
9.1. Print Base Paper
9.1.1. White Print Base
9.1.2. Color Print Base
9.1.3. Brown Shade
9.1.4. Coffee Shade
9.1.5. Teak Shade
9.1.6. Timber Shade
9.2. Solid Color
9.3. Shuttering Base
9.4. Liners
9.5. Pre-printed Paper
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
10.1. Low Pressure Laminates
10.2. High Pressure Laminates
10.3. Edge Banding
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use
11.1. Furniture
11.2. Flooring
11.3. Paneling
11.4. Partition
11.5. Store Fixtures
11.6. External Cladding
12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
12.1. North America
12.2. Latin America
12.3. East Asia
12.4. South Asia & Pacific
12.5. Western Europe
12.6. Eastern Europe
12.7. MEA
13. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market and Country
14. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
17. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
18. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
19. Middle East and Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments and Country
20. Sales Analysis 2024 & 2034 by Key Market Segments for 30 Countries
21. Competition Outlook including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
22. Company Profile
22.1. Toppan Europe GmbH.
22.2. Ahlstrom Holding
22.3. Felix Schoeller
22.4. Munksjö
22.5. ITC Limited
22.6. I.DECOR Exp.Imp Co., Ltd.
22.7. Pudumjee Paper Products
22.8. SURTECO GmbH
22.9. impress Decor USA Inc.
22.10. Lamigraf, S.A.
22.11. Hangzhou Talent Decorative Paper Co., Ltd.
22.12. Dawei Decorative
22.13. Hangzhou Fimo Decorative Material Co., Ltd
22.14. Fakirsons Papchem Pvt Ltd.
22.15. DIC CORPORATION
22.16. Sappi Limited
22.17. Koehler Paper
22.18. Neodecortech SpA
22.19. Cartiere Panigada
22.20. Longoni Roberto e figli s.r.l.
22.21. Awagami Factory
22.22. Tanish Industries Pvt. Ltd.
22.23. Shattdecor AG
Chemicals & Materials
November 2018
REP-GB-7610
214 pages
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Decor Paper Market
