Throughout the projected period, the décor paper market is anticipated to expand its geographic reach at an average CAGR of 5.3%. The market is projected to generate $4.84 billion in revenue in 2023 and to reach $8.11 billion in value by 2033.
The global decor paper market is expected to grow at a significant rate during the forecast period. Decor paper is a type of paper that is used for various decorative and finishing purposes in the furniture and interior design industry. It is available in a wide range of colors, patterns, and textures, and is used to enhance the aesthetic appeal of furniture and interiors.
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The need for furniture and other interior design items is rising, particularly in the residential and commercial sectors, which is fueling the market expansion. The market for decor paper has increased as a result of the increase in disposable income and shifting lifestyle preferences, which have increased house and workplace renovations and remodelling.
The market is expanding in part due to the rising demand for sustainable and eco-friendly products. Consumers are becoming more and more interested in decor paper manufactured from environmentally friendly materials like bamboo, cork, and recycled paper.
Another factor driving the market growth is the increasing use of decor paper in various applications, such as flooring, ceiling, wall covering, and furniture. The growing demand for decorative laminates and veneers in the furniture industry is also propelling the market growth.
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The market is segmented based on product type, application, and region. Based on product type, the market is segmented into coated decor paper, uncoated decor paper, and others. The coated decor paper segment is expected to dominate the market due to its high durability and resistance to moisture.
Based on application, the market is segmented into furniture, flooring, wall covering, and others. The furniture segment is expected to dominate the market due to the increasing demand for decorative laminates and veneers in the furniture industry.
Geographically, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is expected to dominate the market due to the increasing demand for decor paper in the furniture and interior design industry in the region.
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In conclusion, the global decor paper market is expected to grow at a significant rate during the forecast period, driven by the increasing demand for furniture and interior decoration products, especially in residential and commercial sectors. The rise in popularity of eco-friendly and sustainable products is also driving the market growth. Additionally, the increasing use of decor paper in various applications and the growing demand for decorative laminates and veneers in the furniture industry is also propelling the market growth.
Key Segments Of Décor Paper Industry Survey
Decor Paper Market by Product Type :
- Absorbent Kraft Paper
- Print Base Paper
- Other Decor Paper
Decor Paper Market by End Use :
- Decor Paper for Furniture & Cabinets
- Decor Paper for Flooring
- Decor Paper for Panelling
- Decor Paper for Store Fixtures
Décor Paper Market by Application :
- Low-Pressure Laminates
- High-Pressure Laminates
- Edge Banding Paper
Décor Paper Market by Weight :
- Decor Paper Less Than 65 GSM
- Decor Paper 65-80 GSM
- Decor Paper 81-100 GSM
- Decor Paper Above 100 GSM
Décor Paper Market by Region :
- North America Décor Paper Market
- Latin America Décor Paper Market
- Europe Décor Paper Market
- East Asia Décor Paper Market
- South Asia & Pacific Décor Paper Market
- Middle East & Africa (MEA) Décor Paper Market
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