Global Wall Covering Market Size – By Product Type (Wall-Panel, Wall Paper {Vinyl Wallpaper, Non-Woven Wallpaper, Paper-Based Wallpaper, Fabric Wallpaper}, Tile, Metallic Wall Covering and Others), Application (Residential, Commercial and Industrial), Distribution Channel (Specialty Store, Home Center, Building Material Dealer, Furniture Store, Mass Merchandizer, E-Commerce) & Region – Global Forecasts 2024 - 2034
- PUBLISHED ON
- 2024-06-18
- NO OF PAGES
- 231
- CATEGORY
- Construction & Manufacturing
Market Overview
The Wall Covering market is predicted to develop at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2034, when it is projected to reach USD 63.58 Billion in 2034, based on an average growth pattern. The market is estimated to reach a value of USD 40.49 Billion in 2024.
SOURCE: We Market Research
The global wall
covering market refers to the industry involved in the production,
distribution, and sale of materials used to cover and decorate interior walls
of residential, commercial, and institutional buildings. Wall coverings serve
both aesthetic and functional purposes, enhancing the visual appeal of indoor
spaces while also offering protection and durability.
These coverings
can include a wide range of materials such as wallpaper, paints and coatings,
fabric, wood, tile, metal, vinyl, glass, and others. They come in various
styles, patterns, colors, and textures, catering to diverse consumer
preferences and design trends.
Wall covering
refers to any material used to cover and decorate the interior walls of
buildings. It serves both aesthetic and functional purposes, enhancing the
visual appeal of indoor spaces while also providing protection and durability.
Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 40.49 Billion |
|
Market Forecast in 2034 |
USD 63.58 Billion |
|
CAGR % 2024-2034 |
4.2% |
|
Base Year |
2023 |
|
Historic Data |
2016-2022 |
|
Forecast Period |
2024-2034 |
|
Report USP
|
Production, Consumption, company share, company
heatmap, company production capacity, growth factors and more |
|
Segments Covered |
By Product Type, By Application, By Distribution Channel and By
Region |
|
Regional Scope |
North America, Europe, APAC, South America and
Middle East and Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic
Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia;
Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa;
Nigeria |
Wall Covering Industry: Dynamics & Restrains
Market opportunity:
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
Wall Covering Segmentation
Market- By Product Type Analysis
By Product Type, the Wall Covering market is categories into Wall-Panel, Wall Paper, Tile, Metallic Wall Covering and Others. Tiles segments dominate the market with the largest share, accounting for over 41% of the market in 2023. Tile wall coverings, including ceramic, porcelain, and natural stone tiles, offer durability, moisture resistance, and a wide range of design options. Tile's market share varies depending on regional preferences, with a strong presence in areas where moisture resistance and easy maintenance are prioritized, such as bathrooms, kitchens, and commercial spaces.
The
following segments are part of an in-depth analysis of the global Wall Covering
market:
|
Market Segments |
|
|
By Product Type |
·
Wall Panel ·
Wall Paper o
Vinyl Wallpaper o
Non-woven Wallpaper o
Paper-based Wallpaper o
Fabric Wallpaper o
Other ·
Tile ·
Metal Wall Covering ·
Other |
|
By Distribution Channel |
·
Specialty Store ·
Home Center ·
Building Material Dealer ·
Furniture Store ·
Mass Merchandizer ·
E-commerce ·
Others |
|
By Application |
·
Residential ·
Commercial ·
Industrial |
Wall Covering Industry: Regional Analysis
Asia Pacific Market Forecast
Asia Pacific dominates the global wall covering market. The Asia Pacific region is experiencing rapid urbanization and infrastructure development, driving demand for wall coverings in residential, commercial, and industrial sectors. China, India, Japan, South Korea, and Australia are the major markets for wall coverings in Asia Pacific. In China and India, in particular, rising disposable incomes and changing lifestyles are fueling demand for premium wall covering products. The market is characterized by a wide range of materials, designs, and price points to cater to diverse consumer preferences. Additionally, digital printing technology is gaining traction in the Asia Pacific region, offering customization and design flexibility to consumers.
North America Market Statistics
North America
has a mature wall covering market with a strong presence of established brands
and a focus on innovative designs and materials. The demand here is driven by a
strong focus on residential renovations and new construction projects,
particularly in the United States and Canada. The region’s growth is supported
by trends in sustainable building practices and a growing interest in DIY home
decor projects.
Europe Market Forecasts
Europe holds a
substantial share in the global wall covering market, thanks to its strong
tradition of interior decoration and design. The region accounted for about 20%
of the global market share in 2023 and is expected to grow steadily, driven by
trends in home improvement and renovation. Countries such as Germany, France,
and the United Kingdom are leading the market, with significant investments in
both residential and commercial sectors.
Middle East & Africa Market Statistics
The MEA region
contributes a smaller yet rapidly growing share to the global market. The
market here is driven by increasing construction activities and a rising trend
in luxury interior decoration, especially in the UAE and Saudi Arabia. The
region is seeing a growing adoption of wall coverings in both residential and
commercial buildings as part of broader urban development initiatives.
Key Market Players
The Wall Covering Market is dominated by a few large
companies, such as
·
A.S. Création Tapeten AG
·
Ahlstrom-Munksjö Oyj
·
Architonic
·
Asian Paints Ltd.
·
Brewster Home Fashion
·
F. Schumacher & Co.
·
Grandeco Wallfashion Group
·
J. Josephson Inc.
·
Osborne & Little
·
Saint-Gobain
·
Sanderson Design Group
·
York Wallcoverings Inc.
·
Daltile
·
Nippon Paint Holdings Co. Ltd.
· Maya Romanoff Corporation
· Other
1.
Global
Wall Covering Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Wall Covering Market
Scope and Market Estimation
1.2.1. Global Wall Covering Overall
Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2024 - 2034)
1.2.2. Global Wall Covering Market
Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034
1.3. Market Segmentation
1.3.1. Product Type of Global Wall
Covering Market
1.3.2. Distribution Channel of Global Wall
Covering Market
1.3.3. Application of Global Wall
Covering Market
1.3.4. Region of Global Wall Covering
Market
2.
Executive Summary
2.1. Global Wall Covering Market Industry Trends under COVID-19 Outbreak
2.1.1. Global COVID-19 Status Overview
2.1.2. Influence of COVID-19 Outbreak
on Global Wall Covering Market
Industry Development
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Limitations
2.2.3. Opportunities
2.2.4. Impact Analysis of Drivers and
Restraints
2.3. Pricing Trends Analysis &
Average Selling Prices (ASPs)
2.4. Key Mergers & Acquisitions,
Expansions, JVs, Funding / VCs, etc.
2.5. Porter’s Five Forces Analysis
2.5.1. Bargaining Power of Suppliers
2.5.2. Bargaining Power of Buyers
2.5.3. Threat of Substitutes
2.5.4. Threat of New Entrants
2.5.5. Competitive Rivalry
2.6. Value Chain / Ecosystem Analysis
2.7. Russia-Ukraine War Impacts
Analysis
2.8. Economic Downturn Analysis
2.9. Market Investment Opportunity
Analysis (Top Investment Pockets), By Segments & By Region
3.
Global Wall Covering Market Estimates & Historical Trend Analysis (2019 - 2023)
4.
Global Wall Covering Market Estimates & Forecast Trend Analysis, by
Product Type
4.1. Global Wall Covering Market
Revenue (US$ Mn) Estimates and Forecasts, by Product Type, 2019 - 2034
4.1.1. Wall Panel
4.1.2. Wall Paper
4.1.2.1.
Vinyl
Wallpaper
4.1.2.2.
Non-woven
Wallpaper
4.1.2.3.
Paper-based
Wallpaper
4.1.2.4.
Fabric
Wallpaper
4.1.2.5.
Other
4.1.3. Tile
4.1.4. Metal Wall Covering
4.1.5. Other
5.
Global Wall Covering Market Estimates & Forecast Trend Analysis, by
Distribution Channel
5.1. Global Wall Covering Market
Revenue (US$ Mn) Estimates and Forecasts, by Distribution Channel, 2019 - 2034
5.1.1. Specialty Store
5.1.2. Home Center
5.1.3. Building Material Dealer
5.1.4. Furniture Store
5.1.5. Mass Merchandizer
5.1.6. E-commerce
5.1.7. Others
6.
Global Wall Covering Market Estimates & Forecast Trend Analysis, by
Application
6.1. Global Wall Covering Market
Revenue (US$ Mn) Estimates and Forecasts, by Application, 2019 - 2034
6.1.1. Residential
6.1.2. Commercial
6.1.3. Industrial
7.
Global Wall Covering Market Estimates & Forecast Trend Analysis,
by Region
7.1. Global Wall Covering Market
Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 - 2034
7.1.1. North America
7.1.2. Europe
7.1.3. Asia Pacific
7.1.4. Middle East & Africa
7.1.5. South America
8.
North
America Wall Covering Market: Estimates & Forecast Trend Analysis
8.1.
North
America Wall Covering Market Assessments & Key Findings
8.1.1. North America Wall Covering
Market Introduction
8.1.2. North America Wall Covering
Market Size Estimates and Forecast (US$ Million) (2019 - 2034)
8.1.2.1. By Product Type
8.1.2.2. By Distribution
Channel
8.1.2.3. By Application
8.1.2.4. By Country
8.1.2.4.1. The U.S.
8.1.2.4.2. Canada
8.1.2.4.3. Mexico
9.
Europe
Wall Covering Market: Estimates & Forecast Trend Analysis
9.1. Europe Wall Covering Market
Assessments & Key Findings
9.1.1. Europe Wall Covering Market
Introduction
9.1.2. Europe Wall Covering Market Size
Estimates and Forecast (US$ Million) (2019 - 2034)
9.1.2.1. By Product Type
9.1.2.2. By Distribution
Channel
9.1.2.3. By Application
9.1.2.4.
By
Country
9.1.2.4.1. Germany
9.1.2.4.2. U.K.
9.1.2.4.3. France
9.1.2.4.4. Italy
9.1.2.4.5. Spain
9.1.2.4.6. Russia
9.1.2.4.7. Rest of Europe
10. Asia Pacific Wall
Covering Market: Estimates &
Forecast Trend Analysis
10.1. Asia Pacific Market Assessments
& Key Findings
10.1.1. Asia Pacific Wall Covering
Market Introduction
10.1.2. Asia Pacific Wall Covering
Market Size Estimates and Forecast (US$ Million) (2019 - 2034)
10.1.2.1. By Product Type
10.1.2.2. By Distribution
Channel
10.1.2.3. By Application
10.1.2.4. By Country
10.1.2.4.1. China
10.1.2.4.2. Japan
10.1.2.4.3. India
10.1.2.4.4. Australia
10.1.2.4.5. South Korea
10.1.2.4.6. ASEAN
10.1.2.4.7. Rest of Asia Pacific
11. Middle East & Africa Wall
Covering Market: Estimates &
Forecast Trend Analysis
11.1. Middle East & Africa Market
Assessments & Key Findings
11.1.1. Middle
East & Africa Wall
Covering Market Introduction
11.1.2. Middle
East & Africa Wall
Covering Market Size Estimates and Forecast (US$ Million) (2019 - 2034)
11.1.2.1. By Product Type
11.1.2.2. By Distribution
Channel
11.1.2.3. By Application
11.1.2.4. By Country
11.1.2.4.1. U.A.E.
11.1.2.4.2. Saudi Arabia
11.1.2.4.3. Egypt
11.1.2.4.4. South Africa
11.1.2.4.5. Rest of Middle East & Africa
12. South America
Wall Covering Market: Estimates &
Forecast Trend Analysis
12.1. South America Market Assessments
& Key Findings
12.1.1. South America Wall Covering
Market Introduction
12.1.2. South America Wall Covering
Market Size Estimates and Forecast (US$ Million) (2019 - 2034)
12.1.2.1. By Product Type
12.1.2.2. By Distribution
Channel
12.1.2.3. By Application
12.1.2.4. By Country
12.1.2.4.1. Brazil
12.1.2.4.2. Argentina
12.1.2.4.3. Colombia
12.1.2.4.4. Rest of South America
13. Competition Landscape
13.1. Global Wall Covering Market
Competition Matrix & Benchmarking, by Leading Players / Innovators /
Emerging Players / New Entrants
13.2. Global Wall Covering Market
Competition White Space Analysis, By End-user
13.3. Global Wall Covering Market
Competition Heat Map Analysis, By End-user
13.4. Global Wall Covering Market
Concentration & Company Market Shares (%) Analysis, 2023
14. Company Profiles
14.1. A.S. Création
Tapeten AG
14.1.1. Company Overview & Key Stats
14.1.2. Financial Performance & KPIs
14.1.3. Product Portfolio
14.1.4. Business Strategy & Recent
Developments
* Similar details would be provided
for all the players mentioned below
14.2. Ahlstrom-Munksjö
Oyj
14.3. Architonic
14.4. Asian Paints
Ltd.
14.5. Brewster Home
Fashion
14.6. F. Schumacher
& Co.
14.7. Grandeco
Wallfashion Group
14.8. J. Josephson
Inc.
14.9. Osborne &
Little
14.10. Saint-Gobain
14.11. Sanderson
Design Group
14.12. York
Wallcoverings Inc.
14.13. Daltile
14.14. Nippon Paint
Holdings Co. Ltd.
14.15. Maya Romanoff
Corporation
14.16. Others
15. Research
Methodology
15.1. External Transportations /
Databases
15.2. Internal Proprietary Database
15.3. Primary Research
15.4. Secondary Research
15.5. Assumptions
15.6. Limitations
15.7. Report FAQs
16. Research
Findings & Conclusion
Quality Assurance Process
- We Market Research’s Quality Assurance program strives to deliver superior value to our clients.
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
- Project kickoff meeting with client
- Conduct frequent client communications
- Form project steering committee
- Assign a senior SR executive as QA Executive
- Conduct internal editorial & quality reviews of project deliverables
- Certify project staff in SR methodologies & standards
- Monitor client satisfaction
- Monitor realized value post-project
Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the market size of Wall Covering Market in 2024?
Wall Covering Market was valued at USD 40.49 Billion in 2024.
What is the growth rate for the Wall Covering Market?
Wall Covering Market size will increase at approximate CAGR of 4.2% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the Wall Covering Market are A.S. Création Tapeten AG, Ahlstrom-Munksjö Oyj, Architonic, Asian Paints Ltd., Brewster Home Fashion, F. Schumacher & Co., Grandeco Wallfashion Group, J. Josephson Inc. and others.
Which region dominates the Wall Covering Market?
Asia Pacific dominates the market with an active share of 35%.
}})
Select a license type that suits your business needs
US $3499
Only Three Thousand Four Hundred Ninety Nine US dollar
- 1 User access
- 15% Additional Free Customization
- Free Unlimited post-sale support
- 100% Service Guarantee until achievement of ROI
US $4499
Only Four Thousand Four Hundred Ninety Nine US dollar
- 5 Users access
- 25% Additional Free Customization
- Access Report summaries for Free
- Guaranteed service
- Dedicated Account Manager
- Discount of 20% on next purchase
- Get personalized market brief from Lead Author
- Printing of Report permitted
- Discount of 20% on next purchase
- 100% Service Guarantee until achievement of ROI
US $5499
Only Five Thousand Four Hundred Ninety Nine US dollar
- Unlimited User Access
- 30% Additional Free Customization
- Exclusive Previews to latest or upcoming reports
- Discount of 30% on next purchase
- 100% Service Guarantee until achievement of ROI