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The décor paper market is likely to strengthen its boundaries at an average CAGR of 5.3% during the forecast period. The market is anticipated to hold a revenue of US$ 4.84 billion in 2023 while it is expected to cross a value of US$ 8.11 billion by 2033.
The research report on the décor paper market explains that the expansion of infrastructure and construction activity is flourishing the demand for décor papers. The advanced designs are used for furniture surfaces, paneling, and flooring. Alongside, the decorative sheets are using a special esthetic appearance, using décor paper in different ways. The lamination support is also fixed through the décor paper. Décor paper is nothing but print base paper with the topmost layer of decorative laminates. This makes its applications diverse while increasing the sales of products made by it.
The benefits of decorative paper such as impregnability, surface quality, dimensional stability, and color consistency. The expanding furniture, flooring, and interior fitting industry is consuming a higher chunk of the décor paper market. The décor papers add high-color precision and stable dimensions to the product. Widely used for creating quality finishes on wooden materials, décor paper is now being used for surfaces, paneling, and flooring. Decorative paper plates and decorative paper rolls are in trend and are used on different occasions. The disposable crockery along with paper party decorations are flourishing in the sales of décor papers. Home decorating paper is anticipated to see high demand, driving the overall home décor industry, as consumer preferences change across the world.
The décor paper market outlook states that expanding the décor paper printing business is another factor fuelling the market growth. Furthermore, the use of décor paper for laminates is also gaining traction in the market. Plain and wood grain melamine paper is an alternative to décor paper in different, restricting the sales of décor paper.
How is the Future Outlook (2023 to 2033) for Décor Paper Market in Comparison to the Historical Pattern (2018 to 2022)?
Short-term Growth (2023 to 2026): During this period, lifestyle trends are expected to evolve massively over the past years, and this has changed the home décor industry in multiple aspects. The use of décor paper, décor glass, décor polystyrene, etc., has substantially increased in recent years as the preference for luxury furniture has increased on a global scale. The market is expected to hold US$ 4.84 billion in 2023 while it is expected to reach US$ 5.68 billion by 2026
Mid-term Growth (2026 to 2029): Décor paper gives a high-end quality finish to wood-based surfaces and has been gaining significant popularity as the demand for luxury and high-quality furniture increases from residential and commercial applications alike. From US$ 5.68 in 2026, the market is expected to land at a value of US$ 6.63 billion in 2029.
Long-term Growth (2029 to 2033): Increasing building and construction activity, rising consumption of furniture, increasing per capita disposable income in emerging economies, rising focus on the visual appearance of products, etc., are some factors that are anticipated to guide the sales of décor paper in the future. Thus, the décor paper market is anticipated to thrive at a steady CAGR of 5.3% between 2023 and 2033.
What Opportunities Could Décor Paper Manufacturers Cash in On?
Rapid Urbanization & Changing Consumer Preferences to Boost Demand for Furniture Decor Paper
Urbanization has increased substantially across the world and this factor has had a substantial effect on sales of décor paper. Increasing demand for visually appealing products has been propelled by increasing urbanization and changing lifestyle trends on a global scale. Framed paper flower wall décor and home decorating paper are expected to see high demand as the population adopts a better and more luxurious lifestyle.
Increasing opportunities in the home décor industry have led to many new players entering the market to capitalize on these opportunities. Especially, demand from emerging economies such as India is expected to be notable.
For instance, in November 2021, Ekta Kapoor, an Indian television producer, partnered with Roposo to launch a new home décor brand named ‘EK’. The brand is focused on bringing Indian culture to all households and giving local artisans and craftsmen a platform to promote their work.
How Environmental Mandates Affect Décor Paper’s Demand Growth Potential?
Increasing Stringent Regulations Regarding Use of Wood-based Products to Negatively Impact Décor Paper Sales
Increasing focus on creating a sustainable economy has led to many stringent mandates across the world that restrict the use of certain products and processes that may adversely affect the environment. Restrictions on the use of wood and wood-based products are expected to hamper the sales of décor paper to some extent.
Competition Scenario
Décor paper manufacturers are investing in manufacturing products with better aesthetic qualities and textures to meet increasing demand from the luxury furniture industry. Décor paper companies are also focusing on mergers & acquisitions to bolster their market presence across regions.
Market Developments
Koehler Paper Group, a leading name in the specialty paper industry based in Germany, announced the acquisition of Beaver Paper & Graphic Media Inc. The acquired company is known for its sublimation media and its business is spread across 51 countries across the world.
SURTECO GmbH has introduced its product ideas for analog printing and digital print. The paper used in these ideas is a technical special paper with enhanced surface quality and better shine. While digital print operations include photorealistic structures.
Onyx Papers Inc engineers custom-made decorative papers and laminates that work on the thermo fused laminate and continuous press laminate (CPL)
The expansion of infrastructure and construction activity is flourishing the demand for décor papers .
The décor paper market is likely to strengthen its boundaries at an average CAGR of 5.3% during the forecast period. The market is anticipated to hold a revenue of US$ 4.84 billion in 2023 while it is expected to cross a value of US$ 8.11 billion by 2033.
The research report on the décor paper market explains that the expansion of infrastructure and construction activity is flourishing the demand for décor papers. The advanced designs are used for furniture surfaces, paneling, and flooring. Alongside, the decorative sheets are using a special esthetic appearance, using décor paper in different ways. The lamination support is also fixed through the décor paper. Décor paper is nothing but print base paper with the topmost layer of decorative laminates. This makes its applications diverse while increasing the sales of products made by it.
The benefits of decorative paper such as impregnability, surface quality, dimensional stability, and color consistency. The expanding furniture, flooring, and interior fitting industry is consuming a higher chunk of the décor paper market. The décor papers add high-color precision and stable dimensions to the product. Widely used for creating quality finishes on wooden materials, décor paper is now being used for surfaces, paneling, and flooring. Decorative paper plates and decorative paper rolls are in trend and are used on different occasions. The disposable crockery along with paper party decorations are flourishing in the sales of décor papers. Home decorating paper is anticipated to see high demand, driving the overall home décor industry, as consumer preferences change across the world.
The décor paper market outlook states that expanding the décor paper printing business is another factor fuelling the market growth. Furthermore, the use of décor paper for laminates is also gaining traction in the market. Plain and wood grain melamine paper is an alternative to décor paper in different, restricting the sales of décor paper.
How is the Future Outlook (2023 to 2033) for Décor Paper Market in Comparison to the Historical Pattern (2018 to 2022)?
Short-term Growth (2023 to 2026): During this period, lifestyle trends are expected to evolve massively over the past years, and this has changed the home décor industry in multiple aspects. The use of décor paper, décor glass, décor polystyrene, etc., has substantially increased in recent years as the preference for luxury furniture has increased on a global scale. The market is expected to hold US$ 4.84 billion in 2023 while it is expected to reach US$ 5.68 billion by 2026
Mid-term Growth (2026 to 2029): Décor paper gives a high-end quality finish to wood-based surfaces and has been gaining significant popularity as the demand for luxury and high-quality furniture increases from residential and commercial applications alike. From US$ 5.68 in 2026, the market is expected to land at a value of US$ 6.63 billion in 2029.
Long-term Growth (2029 to 2033): Increasing building and construction activity, rising consumption of furniture, increasing per capita disposable income in emerging economies, rising focus on the visual appearance of products, etc., are some factors that are anticipated to guide the sales of décor paper in the future. Thus, the décor paper market is anticipated to thrive at a steady CAGR of 5.3% between 2023 and 2033.
What Opportunities Could Décor Paper Manufacturers Cash in On?
Rapid Urbanization & Changing Consumer Preferences to Boost Demand for Furniture Decor Paper
Urbanization has increased substantially across the world and this factor has had a substantial effect on sales of décor paper. Increasing demand for visually appealing products has been propelled by increasing urbanization and changing lifestyle trends on a global scale. Framed paper flower wall décor and home decorating paper are expected to see high demand as the population adopts a better and more luxurious lifestyle.
Increasing opportunities in the home décor industry have led to many new players entering the market to capitalize on these opportunities. Especially, demand from emerging economies such as India is expected to be notable.
For instance, in November 2021, Ekta Kapoor, an Indian television producer, partnered with Roposo to launch a new home décor brand named ‘EK’. The brand is focused on bringing Indian culture to all households and giving local artisans and craftsmen a platform to promote their work.
How Environmental Mandates Affect Décor Paper’s Demand Growth Potential?
Increasing Stringent Regulations Regarding Use of Wood-based Products to Negatively Impact Décor Paper Sales
Increasing focus on creating a sustainable economy has led to many stringent mandates across the world that restrict the use of certain products and processes that may adversely affect the environment. Restrictions on the use of wood and wood-based products are expected to hamper the sales of décor paper to some extent.
Competition Scenario
Décor paper manufacturers are investing in manufacturing products with better aesthetic qualities and textures to meet increasing demand from the luxury furniture industry. Décor paper companies are also focusing on mergers & acquisitions to bolster their market presence across regions.
Market Developments
Koehler Paper Group, a leading name in the specialty paper industry based in Germany, announced the acquisition of Beaver Paper & Graphic Media Inc. The acquired company is known for its sublimation media and its business is spread across 51 countries across the world.
SURTECO GmbH has introduced its product ideas for analog printing and digital print. The paper used in these ideas is a technical special paper with enhanced surface quality and better shine. While digital print operations include photorealistic structures.
Onyx Papers Inc engineers custom-made decorative papers and laminates that work on the thermo fused laminate and continuous press laminate (CPL)
