The removable wallpaper market is expected to strengthen its hold at a strong CAGR of 3.5% during the forecast period. The global market holds an estimated revenue of USD 1.78 Billion in 2022 and is likely to cross USD 2.43 Billion by the end of 2032.
Removable wallpaper or peel-and-stick wallpaper requires no soaking or wall pasting. Removable wallpaper is self-adhesive and needs to be peeled off from the base material and pasted onto the walls.
The growing demand for removable wallpaper is attributed to easy removal; no need for steam requires steam. The sales of removable wallpaper also increase as these wallpapers are reusable.
Attributes | Details |
---|---|
CAGR (2022-2032) | 3.5% |
Value (2022) | USD 1.78 Billion |
Value (2032) | USD 2.43 Billion |
Demand for removable wallpaper increases as renters prefer it over any other wallpaper as it matches their taste and holds the colored wall without damaging the original paint, not leaving any residue on the surface. Its use as a base enhances the quality of the paper-coated adhesive, pushing the global sales of removable wallpaper.
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The increasing demand for soundproof transportation in trains is anticipated to drive the removable wallpaper market positively. The automotive industry has been witnessing maximum pace over the last decade owing to the penetration of globalization in the world, pushing the sales of removable wallpaper.
The growing automotive industry is projected to bolster the demand for Removable wallpaper in the near future.
The removable wallpaper has a wide range of applications in household activities. The increasing concern towards household hygiene is expected to bolster the demand for removable wallpaper and increase the removable wallpaper market size.
High prices and the inability to be remolded, reshaped, or recycled, which makes Removable wallpaper difficult to discard, are the restraining factors for the Removable wallpaper market that hampers the market growth, increasing the demand for removable wallpaper.
On the regional front, Asia Pacific is the most dominant market for Removable Wallpaper. The demand for Removable Wallpaper is primarily from the Indian and Chinese markets, where there is robust construction activity in both the residential as well as commercial sectors.
The demand for removable wallpaper is further induced by the fact that most of the population which has settled in this country is of a floating nature, fuelling the sales of removable wallpaper.
North America is the second most dominant market for removable wallpaper products due to the increasing number of hotels in the region to cater to the hospitality needs emanating on account of the flourishing inbound as well as outbound tourism.
The Middle East is also expected to showcase growth in the market for removable wallpapers due to increased commercial and construction activity in the region.
The key players in the removable wallpaper market are focusing on variety, sizes, designs, and quality, fueling the sales of removable wallpaper.
Key players in the removable wallpaper market include Blik Inc, Casart Coverings, Chasing Paper, EasyWallz, Graham & Brown, Propitious Jackson, Spoonflower Inc, Tempaper Designs, The McCall Pattern Company Inc (Wallcandy Arts), The Sherwin Williams Company, Wallpops, Walls By Me, Walls Need Love LLC, Wallternatives, Williams Sonoma Inc
Recent Market Development:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 3.5% from 2022 to 2032 |
The base year for estimation | 2021 |
Historical data | 2015 to 2020 |
Forecast period | 2022 to 2032 |
Quantitative units | Revenue in USD Million, volume in kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments Covered | Type, End Users, Region |
Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia; and New Zealand |
Country scope | USA, Canada, Mexico, Germany, United Kingdom., France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates(UAE), Iran, South Africa |
Key companies profiled | Blik Inc; Casart Coverings; Chasing Paper; EasyWallz; Graham & Brown; Propitious Jackson; Spoonflower Inc; Tempaper Designs; The McCall Pattern Company Inc (Wallcandy Arts); The Sherwin Williams Company; Wallpops; Walls By Me; Walls Need Love LLC; Wallternatives; Williams Sonoma Inc |
Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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Asia Pacific is the biggest market in the removable wallpaper market and will be helpful in increasing the removable wallpaper market size. The factors that lead to high growth through this region are increased use of it in multiple industries using these wallpapers as new trends come into the market. This leads to the high demand for removable wallpaper in developing countries like China and India.
Key competitors holding substantial removable wallpaper market share include Blik Inc, Casart Coverings, Chasing Paper, EasyWallz, Graham & Brown, Propitious Jackson, Spoonflower Inc, Tempaper Designs, The McCall Pattern Company Inc (Wallcandy Arts), The Sherwin Williams Company, Wallpops, Walls by Me, Walls Need Love LLC, Wallternatives, Williams Sonoma Inc.
Demand for removable wallpaper is likely to increase with the high demand from maintenance, hospitality, and interior design industry that are flourishing and driving the sales of removable wallpaper in new markets.
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