United States Wall Covering and Wall Decor - Growth, Trends, Covid-19, and Forecasts (2023 - 2028)
United States wall covering and wall decor market is anticipated to register a CAGR of 3.27% over the forecast period. The two common areas of applications of wall coverings and wall decor are residential and commercial facilities. Many qualities of wallpaper, including color, texture, and design, drastically change the appearance of rooms. Moreover, a growing interest in textured wall coverings, like grasscloth wallpaper, and other surfaces, such as natural woods, boucle, boiled wool, canvas, mohair, and sisal fabrications, has witnessed increased preferences.
Key HighlightsUnited States wall covering and wall decor market is fragmented. Players in the market are adopting strategic collaboration, offering new products to cater to the demands of changing customer preferences, and strengthening their market share.
January 2022 - Ahlstrom-Munksjö purchased a 60% interest in Chinese decor paper manufacturer Minglian New Materials Technology Co. Ltd., creating a joint venture with a state-of-the-art factory in Xingtai, Hebei Province, China. Ahlstrom-Munksjö has become a prominent participant in the decor paper market with enhanced cost competitiveness and a strong presence in Europe, America, and Asia by integrating Minglian with its current Decor business,
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