The Removable Wallpaper Market is expected to strengthen its position with a strong CAGR of 3.5% during the forecast period. The global market has an estimated revenue of US$ 1.78 billion in 2022 and is expected to surpass US$ 2.43 billion by the end of 2032.
During the forecast period, the removable wallpaper market is expected to grow at a robust CAGR of 3.5%. The global market is expected to generate $1.78 billion in revenue in 2022 and will likely exceed $2.43 billion by the end of 2032.
Removable wallpaper, often known as peel and stick wallpaper, does not require soaking or wall glueing. Removable wallpaper is self-adhesive and must be peeled off the backing material before being pasted to the walls.
The growing popularity of removable wallpaper is ascribed to its ease of removal; no steam is required. Because removable wallpaper is reusable, its sales are increasing. Removable Wallpapers are also referred to as peel and stick wallpapers or temporary wallpapers. The application of removable wallpapers requires no soaking or wall pasting.
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Removable Wallpapers are self-adhesive and need to be peeled off from the base material and pasted onto the walls. Moreover removable wallpapers can be removed straightaway and do not require steam treatment or scraping of the walls on which they are pasted.
In addition, removable wallpapers are also reusable and can be rolled and preserved to be used again at a later stage. It is to be noted though that the reusability of the used removable wallpaper is primarily based on the type of the material used as the base and the quality of the paper coated adhesive.
Removable wallpapers are preferred by renters as they can match their taste and have the walls colored without damaging the original paint with which the walls of an apartment or house were colored by the owner. Removable wallpapers are commonly used in residential apartments, work spaces, co-working spaces, restaurants and hospitality facilities to improve the aesthetic appeal without altering the original condition of such spaces.
Removable Wallpaper Market: Market Dynamics
The increasing construction activity and the requirement of aesthetically pleasing interiors of corporate and residential buildings requires modifications to be made with respect to the interior decoration. Removable wallpapers are being increasingly used by consumers to modify such spaces at regular intervals.
Removable wallpapers are cheaper in comparison to painting the walls. In addition, removable wallpapers are also available in various colors and designs to suit individual preferences. Another factor which is increasing the usage of removable wallpapers is their ease of application or pasting onto the walls.
The application of removable wallpapers do not require any experienced personnel and can be done by anyone. All the aforementioned factors possessed by removable wallpapers cut down interior decoration costs.
The major restraints which are affecting the removable wallpaper market are that these wallpapers are not durable and are susceptible to atmospheric conditions of the place where removable wallpapers are pasted. Removable wallpapers are not suitable for places laden with moisture and humidity such as bathrooms and kitchens.
In addition, these wallpapers are facing a hurdle in the form of wash and wear type of paints which are being increasingly used by building contractors and house owners to reduce the frequency of re-painting.
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Removable Wallpaper: Key Market Participants
Some of the key participants in the global removable wallpaper market are:
- Blik, Inc.
- Casart Coverings
- Chasing Paper
- Graham & Brown
- Propitious Jackson
- Spoonflower Inc.
- Tempaper Designs
- The McCall Pattern Company, Inc. (Wallcandy Arts)
- The Sherwin Williams Company
- Walls By Me
- Walls Need Love LLC
- Williams Sonoma, Inc. (West Elm)
The Removable Wallpaper market research report presents a comprehensive assessment of the Removable Wallpaper market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The Removable Wallpaper market research report provides analysis and information according to market segments such as geographies, type and end users.
Removable Wallpaper Market: Market Segmentation
The global removable wallpaper market can be segmented on the basis of type and end users.
On the basis of type, the global removable wallpaper market is segmented into:
- Polyethylene (PE) Removable Wallpaper
- Poly-Vinyl Chloride (PVC) Removable Wallpaper
On the basis of end users, the global removable wallpaper market is segmented into:
- Residential Buildings
- Commercial Buildings
- North America
- Latin America
- Asia Pacific
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Removable Wallpaper Market: Regional Outlook
On the regional front, Asia Pacific is the most dominant market for Removable Wallpaper. The demand for Removable Wallpaper is primarily from the Indian and Chinese markets where there is robust construction activity in both the residential as well as commercial sectors.
The demand for Removable Wallpaper is further induced by the fact that most of the population which has settled in this country is of a floating nature. North America is the second most dominant market for removable wallpaper products due to the increasing number of hotels in the region to cater to the hospitality needs emanating on account of the flourishing inbound as well as outbound tourism.
Middle East is also expected to showcase growth in the market for removable wallpapers due to increased commercial and construction activity in the region.
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