With an expected CAGR of 5.3% over the forecast period, the decorative paper market is poised to consolidate its position. Forecasts show that the market is expected to reach $4.84 billion in 2023, which will be a major milestone. Looking ahead, the upward trend continues and the market is expected to surpass this value and reach an impressive $8.11 billion by 2033. This indicates a strong and sustainable growth pattern for the decorative paper market in the next years.
As highlighted in the decorative papers market research report, the growing demand for decorative papers is attributed to the growing landscape of infrastructure and construction activities. This growth is mainly due to the use of advanced designs used to improve the aesthetics of furniture surfaces, panels and floors. The versatility of decorative papers is evident when they are applied in different areas, as they give the decorative panels a unique aesthetic appearance.
The positive development of the decorative paper market is due to the strong expansion of decorative paper printing activities. In addition, there is a growing trend in the market to use decorative paper for lamination. However, the market is facing competition from smooth surface and wood grain melamine paper, an alternative to decorative paper, which is holding back sales.
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The main functionality of decorative paper is to give a unique aesthetic touch to various surfaces. In particular, the decorative paper serves as a base paper for printing with the outer layer of decorative laminates. This unique composition is suitable for a wide range of applications and is an important component in the production of furniture and related products. Decorative paper perfectly supports lamination, an important aspect of the production process.
As a result, the decorative paper market is growing due to the variety of possible uses and the added value associated with the finished products. The integration of decorative papers into the production process contributes to the overall appearance and quality of furniture and surfaces, thereby increasing sales and promoting continued market growth.
key figures -
- KOEHLER GROUP
- KÄMMERER Paper GmbH
- SURTECO GmbH
- Onyx Papers Inc.
- BMC GmbH
- Ahlstrom-Munksjö Oyj.
- Schattdecor AG
- Neenah Inc.
- Pudumjee Paper Products
- Lamigraf SA
- Schoeller Technocell GmbH & Co. KG
- Lignadecor Uretim va Pazarlama AS
- Impress Surfaces GmbH
- Coveright Surfaces Spain SA
- Otherwise
How Environmental Regulations Affect Decorative Paper Demand Growth Potential
- Material selection and production process:
- Compliance Requirements: Environmental regulations may require the use of environmentally friendly materials and sustainable manufacturing processes. Decorative paper manufacturers will have to adapt by integrating recycled or certified sustainable materials into their production.
- Cost Impact: Going green can result in higher production costs due to the use of more expensive but more environmentally friendly materials and processes.
- Consumer Choices and Awareness:
- Green consumption: Environmental regulations often help increase consumer awareness of environmentally friendly products. As a result, there may be a growing demand for decorative paper that supports sustainable and eco-friendly options.
- Market demand: Companies that proactively adopt green practices can gain a competitive advantage and see increased demand as consumers prefer products that have less impact on the environment.
- Eligibility and market access:
- Barriers to entry: Stricter environmental regulations can create barriers to entry for companies that do not comply. This can limit the number of market participants and favor those that meet or exceed environmental standards.
- Global market access: Compliance with international environmental regulations can also affect decorative paper manufacturers' access to global markets, as many countries have their own environmental regulations.
Market development
- Koehler Paper Group, a leader in the specialty paper industry based in Germany, has announced the acquisition of Beaver Paper & Graphic Media Inc. The acquired company is known for sublimation media and has operations in 51 countries around the world.
- SURTECO GmbH presented product ideas for analog printing and digital printing. This is the specialized technical paper used in these ideas with better surface quality and gloss. Digital printing uses photorealistic structures.
- Onyx Papers Inc. manufactures specialty decorative papers and laminates that work with thermofused laminate and continuous pressure laminate (CPL).
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Segmentation keys -
by product type:
- absorbent kraft paper
- Print the base paper
- Other decorative papers
by end use:
- Decorative paper for furniture and cabinets.
- Decorative paper for floor coverings.
- Decorative paper for panels.
- Decorative paper for store decoration.
after the application:
- Low pressure laminates
- High pressure laminates
- border paper
by weight:
- The decorative paper weighs less than 65 g/m²
- Decorative paper 65-80 g/m²
- Decorative paper 81-100 GSM
- Decorative paper over 100 g/m²
by region:
- North American decorative paper market
- Latin American decorative paper market
- European decorative paper market
- Decorative paper market in East Asia
- Decorative paper market in South Asia-Pacific region
- Decorative paper market in the Middle East and Africa (MEA).
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