Home interior designers are witnessing a drastic change in consumer behavior as people started working from home amid the pandemic. The work from home situation has bought people closer to their homes in the most prominent way, and home has become a place for everyone to relax and replenish. Also, there is a surge in online sales for home décor with various themes. Demand for furniture and interior decors such as paper décor has increased as people started working from home, making it more comfortable and stylish as required. Trends have changed as consumers have started to focus not only on the looks but also on the functionality and comfortability of their interiors. Hence, the fundamental shift of demand for home décor is further creating a lot of opportunities for the market to grow.
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Data Bridge Market Research analyses that the decor paper market is expected to grow at a CAGR of 5.6% in the forecast period of 2021 to 2028 and is expected to reach USD 7,357.44 million by 2028. Interior designing has become one of the most quickly emerging fields these days with the growth of commercial and residential spaces. Interior design plays a significant role in life today, making everyone's lifestyle more modern and stylish. Interior design not only beautifies the interior of the building but also makes sure that it adds functionality to the home. As a result, the market is largely projected to accelerate at a higher rate.
The Beneficial Features of the Décor Paper is projected to drive the Market's Growth Rate
Décor paper is a high-quality special paper that is bonded to a suitable substrate, for instance, wood composites, using special synthetic resins and impregnated with a resin have gained wide acceptance as industrial grade particleboard for various applications. These impregnated decor papers are used for laminating the wood-based panels under high pressure or with the help of glue. According to various studies, it has been found out that high-pressure laminates are more likely to witness high preference over low-pressure laminates, particularly in flooring applications, due to the high endurance and opacity of the former. Manufacturers in the decor paper market offer aesthetic specifications regarding color and textures, which leads to the high demand for decor papers for home designing. The use of décor paper at homes is mostly due to its strength & durability been used since the beginning of civilization in various regions. They are sustainable products that provide advanced performance and enhanced durability, being less expensive to produce and use. Paper décor also provides an amazing array of possibilities in terms of both structural and aesthetic applications. Because of its affordability, superior performance, and flexibility in design, construction, and renovation, the rise in usage of paper décor is increasing in residential constructions. Over the past few years, modular home construction has gained considerable popularity in developed countries, including the U.S. and Canada, as cost-effective construction methods resulting in a high-quality end-product. As the quality and performance of conventional platform-frame construction systems have become better understood and documented, the designers have increased their confidence in using paper décor systems for complex, non-traditional end-uses such as engineered multi-family residential construction. Therefore, the availability of low-cost paper décor products with higher durability further accelerates the market's growth significantly.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Thousands, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Absorbent Kraft Paper, Print Base Paper, UNI Paper, Base Paper for Foil Production, Edge Banding Paper, and Others), Weight (Less than 65 GSM, 65-80 GSM, 81- 100 GSM, above 100 GSM), Color (White, Cream, Beige, Brown, Gray, Black, Others), Application (Low-pressure Laminates, High-pressure Laminates, Continuous Pressure Laminates), Raw Material (Pulp, Fillers & Binders. Coatings, Additives, Others), End-Use (Furniture And Cabinets, Flooring, paneling, Store Fixture, Wallpaper, Wallcovering Laminates, Direct Printing), Industry (Household Type, Commercial Type)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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Huhtamaki (Finland), Brødrene Hartmann A/S (Denmark), UFP Technologies, Inc. (U.S.), Henry Molded Products Inc. (U.S.), EnviroPAK (U.S.), Robert Cullen Ltd. (U.K.), Heracles Packaging Co. S.A. (Greece), James Cropper plc. (U.K.), buhl-paperform GmbH (Germany), Pactiv LLC (U.S.), Footprint (U.K.), Dentas Romania S.R.L. (Romania), FiberCel (U.S.), Nippon Mold Industry Corporation (Japan), Okulovskaya Paper Factory (Russia), Keiding, Inc. (U.S.), Atlantic Pulp (U.S.), Western Pulp Products Company (U.S.),, Primapack SAE. (Egypt), Best Plus Pulp (China), AFP, Inc., (U.S.) and Sonoco Products Company (U.S.)
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Data Points Covered in Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The global decor paper market is segmented based on product type, weight, color, application, raw material, end-use & industry. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the global decor paper market is segmented into absorbent Kraft paper, print base paper, UNI paper, base paper for foil production, edge banding paper, and others. In 2022, the print base paper is expected to dominate the market growing with the CAGR of 5.9%
The print base paper is expected to dominate the market growing with the CAGR of 5.9%
In 2022, the print base paper is expected to dominate the market growing with the CAGR of 5.9% in the forecast period of 2022 to 2029 because it is highly loaded with white and color pigments that provide high opacity, and also possesses good absorbency and better-wet strength.
- On the basis of weight, the global decor paper market is segmented into less than 65 GSM, 65-80 GSM, 81- 100 GSM, and above 100 GSM. In 2022, less than 65 GSM is expected to dominate the market growing with the highest CAGR of 5.9% in the forecast period of 2022 to 2029 as they are economical and lightweight, which is perfect for fast printing.
- On the basis of color, the global decor paper market is segmented into white, cream, beige, brown, grey, and black. In 2022, brown color is expected to dominate the market growing with the highest CAGR of 6.3% in the forecast period of 2022 to 2029 as it gives good surface finishing and more of a natural look in home décor.
- On the basis of application, the global decor paper market is segmented into low-pressure laminates, high-pressure laminates, and continuous pressure laminates. In 2022, high-pressure laminates are expected to dominate the market growing with the highest CAGR of 5.8% in the forecast period of 2022 to 2029 as they are commonly used in residential and commercial areas.
- On the basis of raw materials, the global decor paper market is segmented into fillers and binders, pulp, coatings, additives, and others. In 2022, pulp is expected to dominate the market growing with the highest CAGR of 6.0% in the forecast period of 2022 to 2029 as the décor paper is mostly manufactured from pulp and is the most sustainable raw material for product design.
- On the basis of end-use, the global decor paper market is segmented into furniture and cabinets, flooring, paneling, store fixture, wallpaper, wallcovering laminates, and direct printing. In 2022, flooring is expected to dominate the market growing with the highest CAGR of 6.0%
The flooring is expected to dominate the market growing with the highest CAGR of 6.0%
In 2022, flooring is expected to dominate the market growing with the highest CAGR of 6.0% in the forecast period of 2022 to 2029 as they are used to upgrading the surface of a wood-based panel in commercial and residential areas.
- On the basis of industry, the global decor paper market is segmented into household type and commercial type. In 2022, the commercial type is expected to dominate the market growing with the highest CAGR of 6.2% in the forecast period of 2022 to 2029 as décor papers are highly used in commercial spaces to decorate the interior walls.
Major Players
Data Bridge Market Research recognizes the following companies as the major decor paper market players in decor paper market are Huhtamaki (Finland), Brødrene Hartmann A/S (Denmark), UFP Technologies, Inc. (U.S.), Henry Molded Products Inc. (U.S.), EnviroPAK (U.S.), Robert Cullen Ltd. (U.K.), Heracles Packaging Co. S.A. (Greece), James Cropper plc. (U.K.), buhl-paperform GmbH (Germany), Pactiv LLC (U.S.), Footprint (U.K.), Dentas Romania S.R.L. (Romania), FiberCel (U.S.), Nippon Mold Industry Corporation (Japan), Okulovskaya Paper Factory (Russia), Keiding, Inc. (U.S.), Atlantic Pulp (U.S.), Western Pulp Products Company (U.S.),, Primapack SAE. (Egypt), Best Plus Pulp (China), AFP, Inc., (U.S.) and Sonoco Products Company (U.S.).
Market Development
- In August 2021, Koehler Paper SE announced that they are rebuilding paper machine 5 for a more sustainable production using Voith technologies. Also, the new technologically leading solution will help in increasing production capacity
- In November 2021, Indian television producer Ekta Kapoor joined together with Roposo to introduce the "EK" brand of home furnishings. The company's mission is to spread Indian culture throughout the world and provide a platform for regional artisans and craftspeople to market their goods
- In October 2021, SURTECO GmbH had announced that the company had participated in SICAM, an international trade fair for components, technology products, and accessories for the furniture industry. In the exhibition, the company showcased all its products such as finish foil, thermoplastic foil, decor paper, and many more
Regional Analysis
Geographically, the countries covered in the decor paper market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
As per Data Bridge Market Research analysis:
North America is the dominant region in decor paper market during the forecast period
North America dominated the decor paper market owing to the increasing production and consumption of decor paper. North America will continue to dominate the decor paper market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the increase in awareness regarding the health benefits of decor paper.
Asia-Pacific is estimated to be the fastest growing region in decor paper market
Asia-Pacific is expected to grow during the forecast period due to the presence of the highest number of decor paper providers in this region. In addition, increasing demand for high quality packaging is also expected to propel the market's growth rate in this region.
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