About Handmade Wallpaper
Over the past few decades, disposable incomes amongst the global population have been improved which has led them to invest in leisure services and products such as smart home furnishing, home interior decorations, and many others. It has led to increased demand for handmade wallpapers. Also, these wallpapers provide comparatively attractive and durable solutions than conventional wall paints. Handmade wallpapers are used to decorate the interior walls of household and commercial buildings. They are usually applied with the help of wallpaper paste and sold in the form of rolls. However, Handmade wallpapers are comparatively expensive than the handmade wallpapers which might stagnate the business growth.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 11.0% |
The global handmade wallpaper market is highly fragmented due to the lack of availability of service providers since manufacturing these wallpapers require a skilled workforce. In addition to this, the degree of competition may increase with respect to rising demand across the globe. In addition to this number of manufacturers are opting product differentiation to gain a competitive edge.The Vendors having a strong hold in the market are NLXL, Organoid Technologies, Paul Montgomery Studio, Phillip Jeffries, and Picta Wallpaper. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Handmade Wallpaper market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
NLXL (United States), Organoid Technologies GmbH (Austria), Paul Montgomery Studio (United States), Phillip Jeffries (United States), Picta Wallpaper (Italy), Vahallan Papers (United States), Timorous Beasties (Scotland), TRACEY TUBB (United Kingdom), Buenaventura Handpainted Wallpapers (Spain) and Caba Barkskin LLC (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are CALICO WALLPAPER (Mexico), Cole & Son (Wallpapers) Ltd. (United Kingdom), DE GOURNAY (United Kingdom), Fromental (United Kingdom) and ColeandSon.
Segmentation Overview
AMA Research has segmented the market of Global Handmade Wallpaper market by Type (Vinyl-based Handmade Wallpaper, Non-woven Handmade Wallpaper and Others), Application (Household, Commercial, Office, Entertainment Places and Others) and Region.
On the basis of geography, the market of Handmade Wallpaper has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2023. North America, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Material, the sub-segment i.e. Paper Wallpaper will boost the Handmade Wallpaper market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Non-woven Handmade Wallpapers and Introduction to Various Materials such as Raised Inks, Suede, Gels, Beads, Foils, and Many others
Market Growth Drivers:
Upsurging Demand for Differentiating Home Decorating Tools and Increasing Disposable Incomes amongst the Global Population
Challenges:
Threat of Substitutes such as Wall Paints as well as Artificial Wallpapers and Lack of Awareness about Newly Launched Home Decorative Tools
Restraints:
Comparatively higher Investments than Conventional Painting and Time Consuming and Error-Prone Handmade Designs
Opportunities:
Wallpaper Provides More Durable and Attractive Solution and Availability of Wallpapers with Natural GrassclothcOMP
Market Leaders and their expansionary development strategies
In September 2022, Schumacher, a significant US design business, announced the inauguration of its first showroom in Nashville, TN. It will have a typical to-the-trade showroom experience for interior designers alone and a separate luxury boutique for designers and design fans to source smaller products.
In March 2023, Erin Napier, known for her role in the TV show Hometown, has recently collaborated with the oldest wallpaper manufacturer in the United States, York Wallcoverings, to introduce a new collection. The collection, named the Erin and Ben Napier Co. Collection, offers a variety of peel-and-stick wallpapers featuring whimsical flowers and folk art-inspired designs. This delightful collection is expected to captivate color-loving Southerners, who will undoubtedly be enamored by its charming aesthetics.
Key Target Audience
Handmade Wallpaper Manufacturers, Handmade Wallpaper Distributors and Traders, Handmade Wallpaper Upstream and Downstream Buyers, Painting Industry Associations, Government Agencies, Venture Capitalists, Financial Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.