The global removable wallpaper market is predicted to create stagnant growth for the market by exhibiting a CAGR of 3.5% throughout the forecast period from 2022 to 2032. The global market holds an estimated revenue of US$ 1.78 Bn in 2022 and is likely to cross US$ 2.43 Bn by the end of 2032. 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.
Removable wallpaper or peel-and-stick wallpaper requires no soaking or wall pasting. Removable wallpaper is known for its self-adhesiveness and needs to be peeled off from the base material and pasted onto the walls.
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Demand for removable wallpaper increases as renters prefers 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.
Key Takeaways
- The surging 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 ever-growing automotive industry is projected to propel the demand for removable wallpaper throughout the assessment period from 2022 to 2032.
- The removable wallpaper comprises a widened range of applications within household activities. The growing concern towards household hygiene is expected to bolster the demand for removable wallpaper and increase the removable wallpaper market size.
- High prices paired with the inability to be remodeled, 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.
Competitive Landscape
The dominant players in the removable wallpaper market are concentrating on variety, sizes, designs, and quality, fueling the sales of removable wallpaper. Several key market players have introduced new self-adhesive removable wallpapers with new designs and sizes for interiors and exteriors, pushing the sales for removable wallpaper.
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Numerous other dominant market players are launching their latest removable wallpapers for the residential, design industry, and commercial platforms. This will push the sales of removable wallpapers globally in the forecast period.
Key Segments
By Type:
- Polyethylene Removable Wallpaper (PE)
- Poly-Vinyl Chloride (PVC) Removable Wallpaper
By End User:
- Residential Buildings
- Commercial Buildings
- Hospitals
By Region:
- North America
- Latin America
- Asia Pacific
- Europe
- MEA
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
4. Global Removable Wallpaper Market Analysis 2017-2021 and Forecast, 2022-2032
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More Insights into the Removable Wallpaper Market
On the basis of the regional front, Asia Pacific is considered the dominant market for removable wallpaper. The demand for removable wallpaper is generated majorly from developing economies like India and China. These markets are expected to bolster the growth owing to its robust construction activity in both the residential as well as commercial sectors.
The demand for removable wallpaper is further anticipated to induce lucrative growth over the projection period by the fact that most of the population which has settled in this country is floating, fueling the sales of removable wallpaper.
The north American region is projected to be 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 yet another region that is anticipated to showcase phenomenal growth prospects over the forecast period in the global removable wallpaper market attributed to the increased commercial and construction activity in the region.
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The emergence of increasing demand for soundproof transportation in trains is predicted to fuel growth in the removable wallpaper market over the assessment period. Maximum acceleration has been witnessed by the automotive industry over the recent years attributed to the penetration of globalization in the world, pushing the sales of removable wallpaper.
The bolstering automotive industry is projected to generate impressive revenue for the removable wallpaper market over the projection period. In addition to that, the removable wallpaper comprises a large, variety of applications in household activities. Furthermore, the surging concern regarding household hygiene is expected to bolster the demand for removable wallpaper and increase the removable wallpaper market size.
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