Décor Paper Market Poised for Remarkable Growth: Projected to Surpass US$ 8.11 Billion by 2033

Projected to fortify its position, the décor paper market is poised for steady growth with an estimated average Compound Annual Growth Rate (CAGR) of 5.3% throughout the forecast period. Forecasts indicate that the market is set to achieve a revenue milestone of US$ 4.84 billion in 2023, with expectations to surpass this and reach a substantial value of US$ 8.11 billion by 2033. This positive trajectory underscores the increasing demand for décor paper and its widespread applications across various industries, indicating sustained market expansion and opportunities for manufacturers within the sector.

A significant driver of market growth in the décor paper industry is the expansion of décor paper printing businesses. Additionally, the increasing adoption of décor paper for laminates is contributing to the market’s upward trajectory. However, the market faces competition from plain and wood grain melamine paper, serving as an alternative in various applications, thereby limiting the sales potential of décor paper.

FMI’s analysis reveals that the United States décor paper market is flourishing with an average Compound Annual Growth Rate (CAGR) of 5.3% expected between 2023 and 2033. Valued at US$ 1.02 billion in 2023, the thriving real estate market in the United States, marked by substantial investments, particularly in residential construction, is a significant driver of this growth. The nation’s robust residential construction activity has spurred demand for home décor, positioning the United States as a key market to monitor. North America’s consumption of décor paper is poised to make a substantial contribution to the global market revenue, with the region holding a 25.1% market share of the global industry landscape in 2022, driven in part by the rising demand for luxury furniture.

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At the core of décor paper’s functionality is its role in providing a special aesthetic touch to diverse surfaces. Notably, décor paper serves as the print base paper with the outermost layer of decorative laminates. This distinctive composition lends itself to a wide array of applications, making it an indispensable component in the production of furniture and related products. The support for lamination, a crucial aspect in the manufacturing process, is seamlessly provided by décor paper.

As a result, the market for décor papers experiences a boost, driven by the multifaceted applications and the added value they bring to the final products. The integration of décor papers into the production process contributes to the overall visual appeal and quality of furniture and surfaces, thereby fostering increased sales and sustained growth in the market.

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

Rapid Urbanization & Changing Consumer Preferences to Boost Demand for Furniture Decor Paper

The global surge in urbanization has significantly impacted the sales of décor paper, driven by a heightened demand for visually captivating products influenced by changing lifestyle trends. The adoption of a more luxurious lifestyle is anticipated to boost the popularity of items like framed paper flower wall décor and home decorating paper. The expanding prospects in the home décor sector have attracted numerous new entrants keen on capitalizing on emerging opportunities, with notable demand expected from rapidly growing economies such as India. This influx of new players reflects the dynamic landscape of the décor paper market, responding to evolving consumer preferences and the pursuit of enhanced living standards.

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 Segmentations-

by Product Type :

• Absorbent Kraft Paper
• Print Base Paper
• Other Decor Paper

by End Use :

• Decor Paper for Furniture & Cabinets
• Decor Paper for Flooring
• Decor Paper for Panelling
• Decor Paper for Store Fixtures

by Application :

• Low-Pressure Laminates
• High-Pressure Laminates
• Edge Banding Paper

by Weight :

• Decor Paper Less Than 65 GSM
• Decor Paper 65-80 GSM
• Decor Paper 81-100 GSM
• Decor Paper Above 100 GSM

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