Market revenue in 2022 | USD 159.9 million |
Market revenue in 2030 | USD 216.8 million |
Growth rate | 3.9% (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 |
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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 35.21% in 2022. Horizon Databook has segmented the Latin America wallpaper market based on vinyl, nonwoven, paper, fabric covering the revenue growth of each sub-segment from 2017 to 2030.
Continuous expansion in commercial and residential projects is expected to result in a greater number of rooms, thereby increasing the application of wallpapers. The National Administrative Directorate of Statistics (DANE), estimates that Colombia adds 17.8 million square meters to its land area each year.
Growing construction activities have driven the application of wall coverings that include wallpapers in residential and commercial settings. Furthermore, some of the top hotel chain brands, such as Novotel Hotels and Resorts and Bristol Hotels are increasing their properties to gain a competitive edge in the market.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America wallpaper market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America wallpaper market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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