Thriving Décor Paper Market in the United States: A Growing Trend, Expected To Cross A Value Of US$ 8.11 Billion By 2033 | FMI Study

Embracing a steady growth trajectory, the décor paper market is projected to expand at an impressive average compound annual growth rate (CAGR) of 5.3% throughout the forecast period. With an estimated revenue of US$ 4.84 billion in 2023, the market is poised to surpass this figure and reach a significant valuation of US$ 8.11 billion by 2033.

The United States décor paper market is experiencing robust growth, with an average Compound Annual Growth Rate (CAGR) of 5.3% projected between 2023 and 2033. In 2023, it is estimated to be valued at US$1.02 billion. This growth is closely tied to the flourishing real estate market in the United States, characterized by substantial investments and a surge in residential construction activities. As a result, there is an increased demand for home décor, making the United States an attractive market for décor paper.

North America’s contribution to the global décor paper market revenue is noteworthy, holding a substantial 25.1% market share in 2022. The region’s demand for luxury furniture is a driving force in enhancing market potential.

In India, the décor paper market is thriving with a remarkable CAGR of 9.8% expected between 2023 and 2033. This growth is influenced by changing consumer preferences, increased per capita disposable income, improved living standards, and the growing popularity of home décor trends. The demand for furniture décor paper in both residential and commercial settings is on the rise, underlining the dynamic nature of this market.

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Key Players-

• KOEHLER GROUP
• KÄMMERER Paper GmbH
• SURTECO GmbH
• Onyx Papers Inc.
• BMK GmbH
• Ahlstrom-Munksjö Oyj.
• Schattdecor AG
• Neenah Inc.
• Pudumjee Paper Products
• Lamigraf S.A.
• Schoeller Technocell GmbH & Co. KG
• Lignadecor Uretim ve Pazarlama A.S.
• Impress Surfaces GmbH
• Coveright Surfaces Spain SA
• others

What Opportunities Could Décor Paper Manufacturers Cash in On?

1. Rising Demand for Sustainable Materials: With a growing emphasis on sustainability and eco-friendliness, manufacturers can develop and promote décor papers made from sustainable materials or using environmentally friendly production processes.
2. Customization and Personalization: Consumer preferences for unique and personalized home décor options present an opportunity for manufacturers to offer customizable décor paper designs, enabling customers to tailor their interiors to their preferences.
3. Expanding E-commerce Channels: The increasing popularity of online shopping, particularly for home décor, allows manufacturers to reach a broader customer base. By establishing a strong online presence and partnerships with e-commerce platforms, manufacturers can tap into this growing market.
4. Innovative Printing Technologies: Advancements in digital printing technologies can enable manufacturers to produce high-quality, intricate designs on décor paper, meeting the demands of discerning customers.
5. Diversification into Commercial Markets: Manufacturers can explore opportunities in the commercial sector by offering décor paper solutions tailored to the needs of businesses, including offices, hotels, and restaurants.
6. Global Market Expansion: Manufacturers can explore international markets, especially in regions experiencing rapid urbanization and increased disposable incomes, to expand their customer base and revenue streams.

Market Developments

• Koehler Paper Group, a leading name in the specialty paper industry based in Germany, announced the acquisition of Beaver Paper & Graphic Media Inc. The acquired company is known for its sublimation media and its business is spread across 51 countries across the world.
• SURTECO GmbH has introduced its product ideas for analog printing and digital print. The paper used in these ideas is a technical special paper with enhanced surface quality and better shine. While digital print operations include photorealistic structures.
• Onyx Papers Inc engineers custom-made decorative papers and laminates that work on the thermo fused laminate and continuous press laminate (CPL)

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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