Latest News- Decorative Paper Market: Furniture is expected to lead the Application segment during 2025-2029

The Decorative Paper Market is being driven by Economic growth and urbanization

The Decorative Paper Market is expected to grow at a CAGR of 6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1383.5 million. Digital printing technology has brought about a transformative impact on the decorative paper market, providing unparalleled flexibility and efficiency in the production process. In contrast to conventional printing techniques, digital printing enables the creation of high-resolution, precise, and customizable designs directly onto decorative paper. This innovation has substantially reduced the time and cost involved in manufacturing decorative paper, broadening its accessibility to a wider consumer and business base. The intricacy and complexity of designs that can be produced using digital printing have expanded the horizons of decorative paper products, particularly in the interior design industry, where unique and personalized designs hold significant value. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Furniture
  • Flooring
  • Wall panels
  • Others
• Distribution Channel
  • Offline
  • Online
• Product Type
  • Print base paper
  • Absorbent kraft paper
  • Decorative laminates paper
  • Specialty decorative paper
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Economic growth and urbanization
• Rising demand for interior aesthetics
• Expansion of e-commerce platforms

However, the market also witnesses some limitations, which are as follows:

• Increasing rate of deforestation
• Fluctuation in raw material prices of paper
• Rise in adoption of e-cards among applications

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Market Scope in Decorative Paper Market Research Report

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Research Analysis Overview

The Decorative Paper Market encompasses various applications, including infrastructure projects, construction activities, furniture surfaces, and paneling. Decorative sheets, lamination supports, and impregnated decorative laminates are integral components. Factors such as surface quality, dimensional stability, color consistency, and impregnability are crucial. Furniture, wooden materials, decorative paper plates, and disposable crockery also utilize this market. Home decor, buildings, and consumer preferences drive growth. However, concerns over deforestation and domestic production impact the industry. Machinesmoothed decor, paper party, and impregnating colors and weights are key trends.

Market Research Overview

The Decorative Paper Market is a significant segment of the global building products industry, which encompasses companies producing a diverse range of building components, including flooring, furniture surfaces, paneling, decorative sheets, and printing base. According to Technavio, the global building products market size is determined by the combined revenue generated by manufacturers of building and home improvement products and equipment. The expansion of this market is primarily driven by the burgeoning construction sector, particularly in developing economies, where there is a pressing need to address urbanization and infrastructure development in areas such as residential and healthcare facilities. This demand is further fueled by the increasing focus on sustainable and energy-efficient building materials, providing ample opportunities for growth in the Decorative Paper Market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/