Asia Pacific Wallpaper Market Size & Outlook, 2022-2030
Asia Pacific wallpaper market, 2017-2030 (US$M)
Related Markets
Asia Pacific wallpaper market highlights
- The Asia Pacific wallpaper market generated a revenue of USD 366.1 million in 2022.
- The market is expected to grow at a CAGR of 5.5% from 2023 to 2030.
- In terms of segment, vinyl was the largest revenue generating product in 2022.
- Nonwoven is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 366.1 million |
| Market revenue in 2030 | USD 561.5 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Vinyl |
| Fastest growing segment | Nonwoven |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vinyl, Nonwoven, Paper, Fabric |
| Key market players worldwide | Sangetsu Corp, A.S. Creation, Asian Paints, York Wallcoverings, Brewster Home Fashions, F. Schumacher & Co., Osborne & Little, The Romo Group, Grandeco, 4walls |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.1% of the global wallpaper market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 561.5 million by 2030.
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Wallpaper Market Scope
Wallpaper Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific wallpaper market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wallpaper market will help companies and investors design strategic landscapes.
Vinyl was the largest segment with a revenue share of 36.3% in 2022. Horizon Databook has segmented the Asia Pacific wallpaper market based on vinyl, nonwoven, paper, fabric covering the revenue growth of each sub-segment from 2017 to 2030.
Rapid economic development, fast urbanization, and digitalization are predicted to drive economic growth in Asia Pacific, with the area experiencing maximum income gains globally by 2040.
The hospitality sector is booming as the region has several of the popular travel destinations. The pandemic has made several hotel owners restructure their approach to accustom customers who were traveling during the period.
Asian consumers are among the financially stable, well-educated, and fastest-growing racial groups across the world. They continuously seek to foster innovation and creativity by improving their lifestyles and personal spaces by adapting ongoing trends in the industry, which is expected to boost market growth.
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Target buyers of Asia Pacific wallpaper market databook
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Our clientele includes a mix of wallpaper market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific wallpaper market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific wallpaper market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific wallpaper market size, by country, 2017-2030 (US$M)
Asia Pacific Wallpaper Market Outlook Share, 2022 & 2030 (US$M)
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