Global Household Decor Papers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Market Overview:
The latest research study on the global Household Decor Papers market finds that the global Household Decor Papers market reached a value of USD 4070.53 million in 2022. It’s expected that the market will achieve USD 5756.0 million by 2028, exhibiting a CAGR of 5.94% during the forecast period.
The government stimulates the economy to expand domestic demand
Although COVID-19 has had a greater impact on the economic situation, in the face of the epidemic, various localities and departments have introduced a series of related policies to subsidize industries to continue life for small and medium-sized enterprises. Experts pointed out that after COVID-19 is relieved, the world economy will rise rapidly, and the delayed consumption and investment will be released, and the economy will experience a compensatory recovery.
It is believed that after the end of COVID-19, various countries will introduce a series of policies to stimulate domestic demand and promote economic growth, and food, clothing, housing and transportation will then become the country's key industry. The real estate industry is an important support point for the country's economic growth. In the future, the COVID-19 industry, as a downstream company in the real estate industry, will usher in new opportunities.
Digital development trend
The consumption habits of the household decor papers industry have always been more concentrated offline, but due to the sudden impact of the COVID-19 epidemic, the long-term closed-door experience has caused tremendous changes in people's consumption needs and decision-making scenarios, which greatly promoted consumption The support of online habits. It has become the consensus of the industry to develop online marketing and expand the user market. The digitization of household decor papers industry may become the future trend of the industry.
Strength
Increased consumption of organized furniture.
Technological innovation in the market.
Active advertising and celebrity brand endorsements.
Weakness
Supply of low quality and counterfeit products.
Market competition is fierce.
Internationally renowned multinational companies occupy major markets and new entrants are not competitive.
Opportunities
Consumers' preference for beautiful furniture and decorations.
Consumption upgrade and expansion of the veneer field.
Resource conservation and environmental protection have become a long-term trend.
Threat
Raw material price fluctuations.
The extra value of the product is not high.
In some regions, the industrial chain is incomplete.
Region Overview:
Geographically, Asia Pacific held the largest market share – 35.45% in 2021.
Company Overview:
Schattdecor is one of the major players operating in the Household Decor Papers market, holding a share of 14.43% in 2022.
Schattdecor
Schattdecor AG manufactures home furnishing products. The Company produces decor paper for interpretation of wood and other materials for use as wall panels, worktop surfaces, cabinet fronts, and floors. Schattdecor AG also provides finish foil products and serves customers throughout the world.
Surteco
Surteco develops, produces, and sells coated surface materials based on paper and plastic. The Company operates through two segments, Strategic Business Unit (SBU) Paper and SBU Plastic. The SBU Paper segment offers decor papers, finish foils, impregnated products, paper-based edgebandings, and release papers.
Segmentation Overview:
Among different product types, Print Base Paper segment is anticipated to contribute the largest market share in 2027.
Print Base Paper
Print base papers are high-tech papers with a very smooth surface, dimensional stability and good printability behavior. They are mainly used for laminate flooring and furniture production.
Absorbent Kraft Paper
Absorbent Kraft paper has high degree of porosity with good absorbency for resin impregnation. Absorbent Kraft paper also has good permeability. Used as a bottom layer in decorative laminates.
Application Overview:
The market's largest segment by application is the segment Furniture and Cabinets, with a market share of 41.01% in 2021.
Key Companies in the global Household Decor Papers market covered in Chapter 3:
KJ SPECIALTY PAPER
Ahlstrom-Munksjö
Fortune Paper Mills
Zhejiang Shenglong Decoration Material
Impress Surfaces
Surteco
Pura Group
Cartiere Di Guarcino SPA
Malta Décor
KÄMMERER
Lamigraf, SA
Felix Schoeller
BMK
Onyx Specialty Papers
Hangzhou Fimo Decorative Material
Schattdecor
Koehler Paper
King Décor
Pudumjee Paper Products
Qifeng New Material Co
In Chapter 4 and Chapter 14.2, on the basis of types, the Household Decor Papers market from 2018 to 2029 is primarily split into:
Print Base Paper
Absorbent Kraft Paper
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Household Decor Papers market from 2018 to 2029 covers:
Furniture and Cabinets
Flooring
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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