According to the recent market study by Technavio, the Wallcovering Market in the US is expected to grow by USD 9.21 billion from 2021 to 2026, with an accelerated CAGR of 5.44%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
The wallcovering market in the US is segmented by end-user and product type. The residential end-user segment will have the highest market share growth during the forecast period. The growth of the residential construction industry and the increase in disposable income are expected to drive the demand for wallcovering products, which, in turn, will drive the growth of the market during the forecast period.
By product type, the market is segmented into wall panel, tiles, and metallic wall covering.
Interior designing and related products are characterized by contemporary styles and designs. Modern designs have significant growth potential. The growing number of working women and their participation in household decision-making has also significantly increased interest in interior design. In addition, online platforms play a major role in encouraging consumers to invest in interior designs. Independent bloggers and designers partner with popular e-commerce players and websites that showcase the latest trends and products.
