The North America Wallpaper Market would witness market growth of 7.3% CAGR during the forecast period (2021-2027).
Manufacturers are now manufacturing wallpapers, which are free form lead and vinyl. These materials are best for health-conscious customers. Customers, who have health issues like allergic to strong smells and face problems while breathing, are the major end-users of this product. The latest wallpapers leave less carbon print and are environmentally friendly.
Personalization of wallpaper and applications at different places are surging the demand for the wallpaper market. Nowadays, people want to beautify their homes with particular colors and designs, for that purpose they are choosing wallpapers to make their homes more attractive and beautiful.
The high rate of urbanization in developing countries and increasing disposable income has also boosted the adoption rate of this product. Moreover, real estate has experienced robust growth in the past few years. It is expected that real estate will be the major sector surging the growth of the wallpaper market in the upcoming years.
North America is propelling the demand for wallpaper as it comprises robust economic nations such as the US and Canada. Public residential building construction is rising significantly in the US, thereby fueling the growth of the wallpaper market. The rising number of population and increasing disposable income in this region is also accountable to boost the market. The population residing in this region is inclining towards eco-friendly products.
In addition, the commercial construction sector is also booming in North America. As stated by a recent report, in the US, the new commercial building projects are anticipated to considerably rising in the upcoming years. Also, the key manufacturers in this region are offering customized wallpapers, this is another factor that is driving the market growth. Therefore, the allover wallpaper market is expected to augment in this region in the upcoming years.
The US market dominated the North America Fabric Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $134.1 million by 2027. The Canada market is experiencing a CAGR of 10.4% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 9.5% during (2021 - 2027).
Based on Product, the market is segmented into Vinyl, Nonwoven, Fabric, Paper, and Other Products. Based on End Use, the market is segmented into Commercial and Residential. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Wallpaper Market is Estimated to Reach USD 2.6 Billion by 2027 at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sangetsu Corporation, A.S. Création Tapeten AG, Asian Paints, York Wallcoverings, Inc., Brewster Home Fashions LLC, F. Schumacher & Co., Osborne & Little Ltd., The Romo Group, Grandeco Wallfashion Group Belgium NV and 4Walls.
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