Home > Chemicals & Materials > Advanced Materials > Decor Paper Market
Based on product type, the decor paper market is segmented into printed, solid, woodgrain, metallic, and others. The printed paper segment was valued at USD 1.2 billion in 2022. Printed decor papers provide versatility & flexibility in interior design by adding solid colors and patterns. They can be paired with various furniture styles, textures, and accent pieces. Their ability to provide an adaptable backdrop for different design schemes is contributing to segment growth. Decor paper with woodgrain designs offers a wood-like natural appearance, adding warmth, texture, and a sense of authenticity to interior spaces. Woodgrain designs are in high demand owing to their ability to bring the beauty of nature indoors without the associated maintenance and cost of real wood.
Based on printing technology, the decor paper market is divided into rotogravure printing, digital printing, screen printing, flexographic printing, and others. The rotogravure printing segment held a dominant share of around 40% in 2022 and is expected to grow at a lucrative pace by 2032. Decor paper produced using rotogravure printing offers high-quality reproduction of intricate designs, fine details, and vibrant colors. The need for precise & visually appealing patterns that mimic natural materials is propelling product demand in this segment. Digital printing technology enables manufacturers to provide highly customized & personalized decor paper. They can easily modify designs & prototypes and print unique patterns on demand, augmenting product adoption.
Based on the basis weight, the decor paper market is categorized into lightweight, medium weight, and heavy weight. The heavy weight segment held a dominant market share in 2022 and is anticipated to grow at CAGR of 6.6 through 2032. Furniture surfaces & panels that undergo frequent handling, abrasion, and exposure to environmental factors require decor paper with higher basis weight as it offers greater strength and durability. The easy handling and installation of decor paper with lower basis weight make it suitable for wallcoverings and decorative. Its properties enable efficient & convenient application of de
cor paper in these applications, supporting market growth over the forecast period.
Based on application, the decor paper market is segregated into furniture, flooring, wall paneling, doors & windows, cabinets & countertops, and others. The furniture segment held a significant market share in 2022 and is anticipated to grow over the forecast period. Decor paper enhances the aesthetics of furniture, adding attractive designs, patterns, and finishes. Changing consumer preferences and design trends are contributing to segment growth. Decor paper used in flooring applications offers a cost-effective alternative that replicates the appearance of natural materials without the associated maintenance and cost, thereby increasing product demand in the segment.
Based on end use, the decor paper market is classified into residential, commercial, and industrial. The commercial segment held a dominant market share in 2022 and is anticipated to grow over the projected period. The hospitality sector including hotels and resorts focuses on creating visually appealing and inviting environments to improve the customer experience. Decor paper is used to enhance the appearance of furniture, wallcoverings, and flooring in these establishments, driving its demand in commercial applications. In the residential sector, decor paper is widely utilized in home renovation & remodeling projects. Moreover, the need for attractive finishes and protective surface coatings in the furniture manufacturing industry is proliferating the demand for decor paper in this segment.
U.S. dominated North America with the highest market share of USD 0.53 billion in 2022 and is anticipated to expand at a significant rate from 2023 - 2032. The regional demand for decor paper is attributed to the increasing number of residential renovations and remodeling projects. North America is known for its diverse interior design trends that shape consumer preferences. Homeowners in the region apply decor paper to furniture, walls, and flooring to upgrade interior aesthetics and enhance the value of their properties. Thus, the increasing product applications will spur the decor paper market growth in North America.