Décor Paper Market to Surge from USD 5,195.2 Million in 2024 to USD 7,555.5 Million by 2034, Riding High on Renovation Trends and E-Commerce Boom | Future Market Insights, Inc. [Yahoo! Fin...
SAPPI LTD S/ADR (SPPJY)
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Source: Yahoo! Finance
NEWARK, Del, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The global décor paper market , valued at USD 5,195.2 million in 2024, is poised for significant growth, with projections indicating it will reach USD 7,555.5 million by 2034, rising at a steady CAGR of 3.8% during the forecast period. This promising growth reflects the surge in demand for high-quality décor papers used extensively in furniture, flooring, and paneling. Demand Fueled by Renovation and Remodeling Trends With an increasing focus on home and office interior renovations, particularly in urban areas, décor papers are gaining popularity for their versatility in transforming ordinary surfaces into visually stunning designs. DIY projects, particularly in kitchens and bedrooms, are becoming a significant contributor to this demand. A report by the Home Improvement Research Institute revealed that 43% of kitchen renovations in 2023 were DIY projects, highlighting the growing consumer preference for cost-effective, easy-to-appl
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