Global Wall Coverings Market
The Wall Coverings Market was valued at USD 32.36 Billion in 2022 and is expected to expand to USD 50.05 Billion in 2030 at a CAGR of 5.11% during the forecast period 2023- 2030.
Market Overview
The wall coverings market refers to the industry that produces and sells materials and products used to cover and decorate walls in residential, commercial, and industrial spaces.
Market Drivers
The rapid urbanization and the steady increase in the global population have led to a surging demand for housing and commercial spaces. This, in turn, has driven the need for wall coverings as property developers and homeowners seek to enhance the aesthetic appeal of these expanding urban environments.
Moreover, the escalating disposable incomes and economic growth in emerging markets have fueled a growing appetite for premium wall coverings. As economies prosper, consumers find themselves with greater disposable income for discretionary spending, leading to a heightened interest in high-end and luxury wall coverings.
Market Restraints
The global wall covering market is sensitive to economic fluctuations, affecting consumer spending on home renovation and decoration. During the economic downturn caused by the COVID-19 pandemic, many consumers postponed home improvement projects, resulting in decreased demand for wall coverings.
Increasing awareness of environmental issues has led to a demand for sustainable and eco-friendly wall covering materials, putting pressure on manufacturers to adopt green practices. Customers increasingly favor products made from recycled materials, and manufacturers must invest in research and development to create sustainable wall covering options.
Impact of Covid-19
Manufacturers of Wall Coverings have experienced supply chain disruption because to the COVID-19 outbreak. The pandemic disrupted these supply chains due to factory closures, transportation restrictions, and reduced workforce capacity, leading to delays in production and delivery.
With lockdowns and restrictions in place, many businesses and individuals postponed or canceled interior design and renovation projects. The reduced demand for wall coverings in the residential and commercial sectors resulted in decreased sales for manufacturers and retailers.
Market Segmentation
Global Wall Coverings Market is segmented into Product Type, Application, and by Distribution Channel. By Product type, Global Wall Coverings Market is segmented into Wall Panel, Wallpaper (Vinyl Wallpaper, Non-woven Wallpaper, Paper-based Wallpaper, Fabric Wallpaper, and Other Wallpaper Types) Tile, Metal Wall Covering, Acoustic Panel Type (Wooden Acoustic Panel, Mineral Wool Acoustic Panel, Fabric Acoustic Panel, Polyester Acoustic Panel, and Others), and Others. By Application, Global Wall Coverings Market is segmented into Commercial and Residential. By Distribution Channel, Global Wall Coverings Market is segmented into Specialty Store, Home Center, Building Material Dealer, Furniture Store, Mass Merchandizer, E-commerce, and Other Distribution Channels.
Regional Analysis
Global Wall Coverings Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Brewster Home Fashion, Adfors (Saint Gobain), .Ahlstrom-Munksjö Oyj, Asian Paints Ltd, Benjamin Moore & Co., A.S. Création Tapeten AG, J. Josephson Inc., Sanderson Design Group PLC, Grandeco Wallfashion Group, York Wallcoverings Inc., and Wayfair.
Market Taxonomy
By Product Type
By Application
By Distribution Channel
By Region
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Wall Coverings Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?
Global Wall Coverings Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Wall Coverings Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Wall Coverings Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Wall Coverings Market Share Analysis, By Product Type
5.3 Global Wall Coverings Market Size and Forecast, By Product Type
5.3.1 Wall Panel
5.3.2 Wallpaper
5.3.2.1 Vinyl Wallpaper
5.3.2.2 Non-woven Wallpaper
5.3.2.3 Paper-based Wallpaper
5.3.2.4 Fabric Wallpaper
5.3.2.5 Other Wallpaper Types
5.3.3 Tile
5.3.4 Metal Wall Covering
5.3.5 Acoustic Panel Type
5.3.5.1 Wooden Acoustic Panel
5.3.5.2 Mineral Wool Acoustic Panel
5.3.5.3 Fabric Acoustic Panel o
5.3.5.4 Polyester Acoustic Panel
5.3.5.5 Others
5.3.6 Others
6 Global Wall Coverings Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Wall Coverings Market Share Analysis, By Application
6.3 Global Wall Coverings Market Size and Forecast, By Application
6.3.1 Commercial
6.3.2 Residential
7 Global Wall Coverings Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Wall Coverings Market Share Analysis, By Distribution Channel
7.3 Global Wall Coverings Market Size and Forecast, By Distribution Channel
7.3.1 Specialty Store
7.3.2 Home Center
7.3.3 Building Material Dealer
7.3.4 Furniture Store
7.3.5 Mass Merchandizer
7.3.6 E-commerce
7.3.7 Other Distribution Channels
7.3.8 Other Packaging
8 Global Wall Coverings Market, By Region
8.1 Global Wall Coverings Market Share Analysis, By Region
8.2 Global Wall Coverings Market Size and Forecast, By Region
8.3 Global Wall Coverings Market Trends and Forecast, By Region
9 North America Wall Coverings Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Wall Coverings Market Size and Forecast, By Product Type
9.3 North America Wall Coverings Market Size and Forecast, By Application
9.4 North America Wall Coverings Market Size and Forecast, By Distribution Channel
9.5 North America Wall Coverings Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1 Market Size and Forecast, By Product Type
9.5.1.2 Market Size and Forecast, By Application
9.5.1.3 Market Size and Forecast, By Distribution Channel
9.5.2 Canada
9.5.2.1 Market Size and Forecast, By Product Type
9.5.2.2 Market Size and Forecast, By Application
9.5.2.3 Market Size and Forecast, By Distribution Channel
9.5.3 Mexico
9.5.3.1 Market Size and Forecast, By Product Type
9.5.3.2 Market Size and Forecast, By Application
9.5.3.3 Market Size and Forecast, By Distribution Channel
10 Europe Wall Coverings Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Wall Coverings Market Size and Forecast, By Product Type
10.3 Europe Wall Coverings Market Size and Forecast, By Application
10.4 Europe Wall Coverings Market Size and Forecast, By Distribution Channel
10.5 Europe Wall Coverings Market Size and Forecast, By Country
10.5.1.1 Market Size and Forecast, By Product Type
10.5.1.2 Market Size and Forecast, By Application
10.5.1.3 Market Size and Forecast, By Distribution Channel
10.5.2 France
10.5.2.1 Market Size and Forecast, By Product Type
10.5.2.2 Market Size and Forecast, By Application
10.5.2.3 Market Size and Forecast, By Distribution Channel
10.5.3 UK
10.5.3.1 Market Size and Forecast, By Product Type
10.5.3.2 Market Size and Forecast, By Application
10.5.3.3 Market Size and Forecast, By Distribution Channel
10.5.4 Russia
10.5.4.1 Market Size and Forecast, By Product Type
10.5.4.2 Market Size and Forecast, By Application
10.5.4.3 Market Size and Forecast, By Distribution Channel
10.5.5 Italy
10.5.5.1 Market Size and Forecast, By Product Type
10.5.5.2 Market Size and Forecast, By Application
10.5.5.3 Market Size and Forecast, By Distribution Channel
10.5.6 Spain
10.5.6.1 Market Size and Forecast, By Product Type
10.5.6.2 Market Size and Forecast, By Application
10.5.6.3 Market Size and Forecast, By Distribution Channel
10.5.7 Rest of Europe
10.5.7.1 Market Size and Forecast, By Product Type
10.5.7.2 Market Size and Forecast, By Application
10.5.7.3 Market Size and Forecast, By Distribution Channel
11 Asia Pacific Wall Coverings Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Wall Coverings Market Size and Forecast, By Product Type
11.3 Asia Pacific Wall Coverings Market Size and Forecast, By Application
11.4 Asia Pacific Wall Coverings Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Wall Coverings Market Size and Forecast, By Country
11.5.1 China
11.5.1.1 Market Size and Forecast, By Product Type
11.5.1.2 Market Size and Forecast, By Application
11.5.1.3 Market Size and Forecast, By Distribution Channel
11.5.2 Japan
11.5.2.1 Market Size and Forecast, By Product Type
11.5.2.2 Market Size and Forecast, By Application
11.5.2.3 Market Size and Forecast, By Distribution Channel
11.5.3 India
11.5.3.1 Market Size and Forecast, By Product Type
11.5.3.2 Market Size and Forecast, By Application
11.5.3.3 Market Size and Forecast, By Distribution Channel
11.5.4 South Korea
11.5.4.1 Market Size and Forecast, By Product Type
11.5.4.2 Market Size and Forecast, By Application
11.5.4.3 Market Size and Forecast, By Distribution Channel
11.5.5 Australia
11.5.5.1 Market Size and Forecast, By Product Type
11.5.5.2 Market Size and Forecast, By Application
11.5.5.3 Market Size and Forecast, By Distribution Channel
11.5.6 New Zealand
11.5.6.1 Market Size and Forecast, By Product Type
11.5.6.2 Market Size and Forecast, By Application
11.5.6.3 Market Size and Forecast, By Distribution Channel
11.5.7 Singapore
11.5.7.1 Market Size and Forecast, By Product Type
11.5.7.2 Market Size and Forecast, By Application
11.5.7.3 Market Size and Forecast, By Distribution Channel
11.5.8 Malaysia
11.5.8.1 Market Size and Forecast, By Product Type
11.5.8.2 Market Size and Forecast, By Application
11.5.8.3 Market Size and Forecast, By Distribution Channel
11.5.9 Rest of Asia
11.5.9.1 Market Size and Forecast, By Product Type
11.5.9.2 Market Size and Forecast, By Application
11.5.9.3 Market Size and Forecast, By Distribution Channel
12 Latin America Wall Coverings Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Wall Coverings Market Size and Forecast, By Product Type
12.3 Latin America Wall Coverings Market Size and Forecast, By Application
12.4 Latin America Wall Coverings Market Size and Forecast, By Distribution Channel
12.5 Latin America Wall Coverings Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1 Market Size and Forecast, By Product Type
12.5.1.2 Market Size and Forecast, By Application
12.5.1.3 Market Size and Forecast, By Distribution Channel
12.5.2 Argentina
12.5.2.1 Market Size and Forecast, By Product Type
12.5.2.2 Market Size and Forecast, By Application
12.5.2.3 Market Size and Forecast, By Distribution Channel
12.5.3 Colombia
12.5.3.1 Market Size and Forecast, By Product Type
12.5.3.2 Market Size and Forecast, By Application
12.5.3.3 Market Size and Forecast, By Distribution Channel
12.5.4 Peru
12.5.4.1 Market Size and Forecast, By Product Type
12.5.4.2 Market Size and Forecast, By Application
12.5.4.3 Market Size and Forecast, By Distribution Channel
12.5.5 Chile
12.5.5.1 Market Size and Forecast, By Product Type
12.5.5.2 Market Size and Forecast, By Application
12.5.5.3 Market Size and Forecast, By Distribution Channel
12.5.6 Venezuela
12.5.6.1 Market Size and Forecast, By Product Type
12.5.6.2 Market Size and Forecast, By Application
12.5.6.3 Market Size and Forecast, By Distribution Channel
12.5.7 Rest of Latin America
12.5.7.1 Market Size and Forecast, By Product Type
12.5.7.2 Market Size and Forecast, By Application
12.5.7.3 Market Size and Forecast, By Distribution Channel
13 Middle East Wall Coverings Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Wall Coverings Market Size and Forecast, By Product Type
13.3 Middle East Wall Coverings Market Size and Forecast, By Application
13.4 Middle East Wall Coverings Market Size and Forecast, By Distribution Channel
13.5 Middle East Wall Coverings Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.1.1 Market Size and Forecast, By Product Type
13.5.1.2 Market Size and Forecast, By Application
13.5.1.3 Market Size and Forecast, By Distribution Channel
13.5.2 UAE
13.5.2.1 Market Size and Forecast, By Product Type
13.5.2.2 Market Size and Forecast, By Application
13.5.2.3 Market Size and Forecast, By Distribution Channel
13.5.3 Egypt
13.5.3.1 Market Size and Forecast, By Product Type
13.5.3.2 Market Size and Forecast, By Application
13.5.3.3 Market Size and Forecast, By Distribution Channel
13.5.4 Kuwait
13.5.4.1 Market Size and Forecast, By Product Type
13.5.4.2 Market Size and Forecast, By Application
13.5.4.3 Market Size and Forecast, By Distribution Channel
13.5.5.1 Market Size and Forecast, By Product Type
13.5.5.2 Market Size and Forecast, By Application
13.5.5.3 Market Size and Forecast, By Distribution Channel
13.5.6 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Product Type
13.5.6.2 Market Size and Forecast, By Application
13.5.6.3 Market Size and Forecast, By Distribution Channel
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Brewster Home Fashion
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Adfors (Saint Gobain)
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Ahlstrom-Munksjö Oyj
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Asian Paints Ltd
15.4.1 Overview
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Benjamin Moore & Co.
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 A.S. Création Tapeten AG
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 J. Josephson Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Sanderson Design Group PLC
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Grandeco Wallfashion Group
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 York Wallcoverings Inc
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies