Decor Paper Market is driven by growing interior designing trends
Decor paper refers to specially textured paper that is used for interior decoration purposes such as wallpaper lining. It comes in a variety of designs, patterns, textures and finishes to match the décor preferences of consumers. Decor papers enhance the aesthetics of indoor spaces and hide surface imperfections of walls. They are easy to install, affordable alternatives to wall paints and provide good opacity. Decor papers simulate the look of materials like wood, metal, stone and fabrics on walls. The global decor paper market has been growing steadily owing to the rising trend of interior designing and beautification of living spaces. Interior designing has become an important part of home improvement projects and individuals are paying more attention to the aesthetics and styles of their homes. Decor papers allow creative expression and personalized touches to the interiors.
The decor paper market is estimated to be valued at USD 4.42 Bn in 2024 and is expected to reach USD 6.25 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031.
The current geopolitical situation is impacting the growth of the Decor Paper Market. With tensions rising between major economies, trade relationships and supply chains are being disrupted. Many decor paper manufacturers rely on importing raw materials from different parts of the world. With protectionist policies on the rise and trade wars underway, the costs of procuring these important inputs is increasing. This puts upward pressure on decor paper prices at a time when consumer demand is softening due to economic uncertainty.
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