DUBLIN--(BUSINESS WIRE )--The "Wall Coverings - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Wall Coverings Market to Reach $37.5 Billion by 2026
Global Wall Coverings market is projected to register moderate growth over the near-to-long term. The market, estimated at US$28.9 Billion in 2020 is projected to reach US$37.5 Billion by 2026, registering a compounded annual growth rate (CAGR) of 4.5% over the analysis period.
Europe represents the largest regional market for Wall Coverings, accounting for an estimated 28.1% share of the global total in 2020. The market, estimated at US$8.1 Billion in 2020 is projected to reach US$9.8 Billion by 2026. China is expected to spearhead growth and emerge as the fastest growing regional market with a CAGR of 6.2% over the analysis period. The market is expected to progress steadily to evolve as a major regional market for Wall Coverings, supported by various factors conducive to healthy growth.
The U.S. Market is Estimated at $4.7 Billion in 2021, While China is Forecast to Reach $7 Billion by 2026
The Wall Coverings market in the U.S. is estimated at US$4.7 Billion in the year 2021. China, the world's second largest economy, is forecast to reach a projected market size of US$7 Billion by the year 2026 trailing a CAGR of 6.2% over the analysis period.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900