Ink World Staff12.23.20
MarketsandMarkets’ report, "Digitally Printed Wallpaper Market by Printing Technology (Inkjet, Electrophotography), Substrate (Nonwoven, Vinyl, Paper), End-Use Sector (Non-Residential, Residential, Automotive & Transportation) and Region - Forecast to 2025," estimates the global digitally printed wallpaper market size in 2020 is estimated at $2.9 billion and is projected to reach $7.5 billion by 2025, at a CAGR of 21.1% from 2020 to 2025.
The major drivers for the market include an increase in urbanization and rising construction activities. However, competition from paint and coating manufacturers restrains the market growth.
Moreover, the increasing growth in commercial and marketing sectors is expected to propel the market for digitally printed wallpaper.
The major drivers for the market include an increase in urbanization and rising construction activities. However, competition from paint and coating manufacturers restrains the market growth.
Moreover, the increasing growth in commercial and marketing sectors is expected to propel the market for digitally printed wallpaper.