Wallcovering Market in the US to Grow by USD 9.21 billion | Residential End-user Segment to Have Highest Market Share Growth | Technavio
NEW YORK, April 13, 2022 /PRNewswire/ -- Wallcovering Market in the US Facts at a Glance-
NEW YORK, April 13, 2022 /PRNewswire/ -- Wallcovering Market in the US Facts at a Glance-
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According to the recent market study by Technavio, the Wallcovering Market in the US is expected to grow by USD 9.21 billion from 2021 to 2026, with an accelerated CAGR of 5.44%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
Market Segmentation
The wallcovering market in the US is segmented by end-user (residential and commercial) and product type (wall panel, tiles, and metallic wall covering). The residential end-user segment will have the highest market share growth during the forecast period. The growth of the residential construction industry and the increase in disposable income are expected to drive the demand for wallcovering products, which, in turn, will drive the growth of the market during the forecast period.
By product type, the market is segmented into wall panel, tiles, and metallic wall covering.
Vendor Insights-
The wallcovering market in the US is fragmented, and the vendors are deploying growth strategies such as quality and prices to compete in the market. The key offerings of some of the vendors are listed below:
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Latest Drivers & Trends in the Market-
Interior designing and related products are characterized by contemporary styles and designs. Modern designs have significant growth potential. The growing number of working women and their participation in household decision-making has also significantly increased interest in interior design. In addition, online platforms play a major role in encouraging consumers to invest in interior designs. Independent bloggers and designers partner with popular e-commerce players and websites that showcase the latest trends and products.
Online retailers play a key role in providing personalized services to customers. Customers can choose their products based on their customization requirements. For example, Amazon's exclusive customization service in the wall decor space is known as Amazon Prints. These factors will further enhance the growth of the wallcovering market in the US during the forecast period.
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Wallcovering Market Scope in the US |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.44% |
Market growth 2022-2026 |
USD 9.21 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.29 |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Ahlstrom Munksjo Oyj, Berkshire Hathaway Inc., BRADLEY USA LLC, Brewster Home Fashions, F. Schumacher and Co., Koch Industries Inc., Koroseal Interior Products LLC, The Sherwin-Williams Co., Wallquest Inc., and York Wallcoverings Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
2.2: Market Characteristics
2.3 Value chain analysis
Exhibit 02: Value chain analysis : Home furnishings
2.3.1 Input
2.3.2 Inbound logistics
2.3.3 Operations
2.3.4 Outbound logistics
2.3.5 Marketing and sales
2.3.6 Service
2.3.7 Support activities
2.3.8 Innovation
3. Market Sizing
3.1 Market definition
Exhibit 03: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 04: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 05: Global - Market size and forecast 2021 - 2026 ($ million)
Exhibit 06: Global market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 07: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Exhibit 08: Market condition - Five forces 2021
5 Market Segmentation by End-user
5.1 Market segments
The segments covered in this chapter are:
Exhibit 09: End-user - Market share 2021-2026 (%)
5.2 Comparison by End-user
Exhibit 10: Comparison by End-user
5.3 Residential - Market size and forecast 2021-2026
Exhibit 11: Residential - Market size and forecast 2021-2026 ($ million)
Exhibit 12: Residential - Year-over-year growth 2021-2026 (%)
5.4 Commercial - Market size and forecast 2021-2026
Exhibit 13: Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Commercial - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by End-user
Exhibit 15: Market opportunity by End-user
6 Market Segmentation by Product type
6.1 Market segments
The segments covered in this chapter are:
Exhibit 16: Product type - Market share 2021-2026 (%)
6.2 Comparison by Product type
Exhibit 17: Comparison by Product type
6.3 Wall panel - Market size and forecast 2021-2026
Exhibit 18: Wall panel - Market size and forecast 2021-2026 ($ million)
Exhibit 19: Wall panel - Year-over-year growth 2021-2026 (%)
6.4 Tiles - Market size and forecast 2021-2026
Exhibit 20: Tiles - Market size and forecast 2021-2026 ($ million)
Exhibit 21: Tiles - Year-over-year growth 2021-2026 (%)
6.5 Metallic wall covering - Market size and forecast 2021-2026
Exhibit 22: Metallic wall covering - Market size and forecast 2021-2026 ($ million)
Exhibit 23: Metallic wall covering - Year-over-year growth 2021-2026 (%)
6.6 Market opportunity by Product type
Exhibit 24: Market opportunity by Product type
7 Customer landscape
7.1 Overview
Exhibit 25: Customer landscape
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Increasing trend for interior designing
8.1.2 Growth in non-woven and paper-based wallpapers
8.1.3 Increasing demand for digitally printed solutions
8.2 Market challenges
8.2.1 Highly complex inventory, supply chain, and merchandising management
8.2.2 Strong competition from the paints segment
8.2.3 Recent changes in the macro-environment are expected to negatively impact customer
Exhibit 26: Impact of drivers and challenges
8.3 Market trends
8.3.1 Availability of personalized and customized wall decor products
8.3.2 Rebounding residential construction activity
8.3.3 Recovery in wall panel sales aided by higher awareness
9. Vendor Landscape
9.1 Competitive scenario
9.2 Vendor landscape
Exhibit 27: Vendor Landscape
9.3 Landscape disruption
Exhibit 28: Landscape disruption
9.4 Industry risks
Exhibit 29: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 30: Vendors covered
10.2 Market positioning of vendors
Exhibit 31: Market positioning of vendors
10.3 Ahlstrom Munksjo Oyj
Exhibit 32: Ahlstrom Munksjo Oyj - Overview
Exhibit 33: Ahlstrom Munksjo Oyj - Business segments
Exhibit 34: Ahlstrom Munksjo Oyj - Key news
Exhibit 35: Ahlstrom Munksjo Oyj - Key offerings
Exhibit 36: Ahlstrom Munksjo Oyj - Segment focus
10.4 Berkshire Hathaway Inc.
Exhibit 37: Berkshire Hathaway Inc. - Overview
Exhibit 38: Berkshire Hathaway Inc. - Business segments
Exhibit 39: Berkshire Hathaway Inc. - Key offerings
Exhibit 40: Berkshire Hathaway Inc. - Segment focus
10.5 BRADLEY USA LLC
Exhibit 41: BRADLEY USA LLC - Overview
Exhibit 42: BRADLEY USA LLC - Product and service
Exhibit 43: BRADLEY USA LLC - Key offerings
10.6 Brewster Home Fashions
Exhibit 44: Brewster Home Fashions - Overview
Exhibit 45: Brewster Home Fashions - Product and service
Exhibit 46: Brewster Home Fashions - Key offerings
10.7 F. Schumacher and Co.
Exhibit 47: F. Schumacher and Co. - Overview
Exhibit 48: F. Schumacher and Co. - Product and service
Exhibit 49: F. Schumacher and Co. - Key offerings
10.8 Koch Industries Inc.
Exhibit 50: Koch Industries Inc. - Overview
Exhibit 51: Koch Industries Inc. - Product and service
Exhibit 52: Koch Industries Inc. - Key news
Exhibit 53: Koch Industries Inc. - Key offerings
10.9 Koroseal Interior Products LLC
Exhibit 54: Koroseal Interior Products LLC - Overview
Exhibit 55: Koroseal Interior Products LLC - Product and service
Exhibit 56: Koroseal Interior Products LLC - Key offerings
10.10 The Sherwin-Williams Co.
Exhibit 57: The Sherwin-Williams Co. - Overview
Exhibit 58: The Sherwin-Williams Co. - Business segments
Exhibit 59: The Sherwin-Williams Co. - Key news
Exhibit 60: The Sherwin-Williams Co. - Key offerings
Exhibit 61: The Sherwin-Williams Co. - Segment focus
10.11 Wallquest Inc.
Exhibit 62: Wallquest Inc. - Overview
Exhibit 63: Wallquest Inc. - Product and service
Exhibit 64: Wallquest Inc. - Key offerings
10.12 York Wallcoverings Inc.
Exhibit 65: York Wallcoverings Inc. - Overview
Exhibit 66: York Wallcoverings Inc. - Product and service
Exhibit 67: York Wallcoverings Inc. - Key offerings
11. Appendix
11.1 Scope of the report
11.1.1Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 68: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 69: Research Methodology
Exhibit 70: Validation techniques employed for market sizing
Exhibit 71: Information sources
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