According to the latest report by IMARC Group, titled, “Indian Wallpaper Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, provide the Indian wallpaper market reached a value of US$ 98.5 Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 22% during 2021-2026.The report provides a detailed analysis of the market by product type, region, distribution channel and end user Also, the report analyzes of market’s competitive landscape.
Base Year: 2020
Forecast Year: 2021-2026
Download free sample of the report:
Industry Definition and Application:
Wallpapers are decorative materials that are used to cover the interior walls of residential and commercial spaces. Made from paper, vinyl and plastic, they are widely available in numerous forms, such as textured paper, lining paper and set of sheets with a single non-repeating design. Wallpapers comprise ground coat, applied ink and backing, which can be made up of wood pulp, groundwood or woven textiles. They are extremely durable in nature and can be used for years without the need for replacement, owing to which they are replacing wall paints. They can also be customized in accordance with the user’s preference and are utilized to impart style and color to a particular space.
Browse full report with TOC: https://bit.ly/3uTdktp
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
The Indian market is primarily driven by the rising number of construction activities in the country. Rapid urbanization and changing lifestyle preferences of the masses have led to the increasing demand for residential spaces, thereby facilitating the uptake of interior decorative materials. A significant rise in the requirement for the refurbishment of existing infrastructure is also contributing to the market growth. Apart from this, the confluence of numerous factors, including inflating disposable income levels, increasing middle-class population and growing preference for aesthetically appealing interior designs among the majority of the individuals, is providing a thrust to the market growth. Furthermore, numerous key players are extensively investing in the development of efficient variants, which is acting another major growth-inducing factor. For instance, they have launched lead-free wallpapers, which are gaining widespread preference among health-conscious customers. Non-woven wallpapers are also gaining popularity among individuals, owing to their tear-resistant nature, washability and easy removal. Some of the other factors contributing to the market growth include the advent of wallpapers with easy application and the expansion of online retail platforms across the country.
Indian Wallpaper Market Segmentation:
The report has segmented on the basis of product type, region, distribution channel and end user
- Market Breakup by Region
- North India
- East India
- West and Central India
- South India
- Market Breakup by Product Type
- Pure Paper Type
- Fiber Type
- Market Breakup by Distribution Channel
- Market Breakup by End-User
Related Reports By IMARC Group:
Archery Equipment Market Report 2021-2026: https://www.imarcgroup.com/Archery-Equipment-Market
Saw Blades Market Report 2021-2026: https://www.imarcgroup.com/saw-blades-market
Fencing Equipment Market Report 2020-2025: https://www.imarcgroup.com/fencing-equipment-market
Nigeria Mobile Money Market Report 2021-2026: https://www.imarcgroup.com/nigeria-mobile-money-market
India Incense Sticks (Agarbatti & Dhoop) Market Report 2020-2025: https://www.imarcgroup.com/india-incense-sticks-agarbatti-dhoop-market
Latin America Incontinence Pads Market Report 2021-2026: https://www.imarcgroup.com/latin-america-incontinence-pads-market
Faucet Market Report 2021-2026: https://www.imarcgroup.com/faucet-market
Body Armor Market Report 2021-2026: https://www.imarcgroup.com/body-armor-market
Deodorants Market Report 2021-2026: https://www.imarcgroup.com/deodorants-market
GCC Personal Luxury Goods Market Report 2020-2025: https://www.imarcgroup.com/gcc-personal-luxury-goods-market
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.