New York, Sept. 11, 2019 (GLOBE NEWSWIRE) -- Increasing demand for digitally printed wallpapers by inkjet sub-segment coupled with high investment in R&D of digitally printed wallpaper is fueling the market growth.
The global digitally printed wallpaper market is forecast to reach USD 14.44 Billion by 2026, according to a new report by Reports and Data. The market is rising rapidly in the global market due to the high demand for digitally printed wallpapers in the household and hotels & resorts end-use verticals. The digitally printed wallpapers have been a trendy adoptable decorative element in luxurious amenities as well as mediocre residential premises all over the world. The demand from the customers has been propelling the market, and technological advancement of digital printing systems have been capable of serving the high requirement. Rising the hospitality industries in the developing countries has helped this market grow substantially.
The Asia Pacific region is forecasted to generate the highest revenue of USD 6.47 Billion in the year 2026, owing to its extensive market penetration coupled with the rise in disposable income in the developing economies such as India and Indonesia.
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Further key findings from the report suggest
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Segments covered in the report:
For the purpose of this report, Reports and Data have segmented the global digitally printed wallpaper market on the basis of the base material, type of wallpaper, printing technology, end-use verticals, and region:
Base Material Outlook (Revenue, USD Billion; 2016-2026)
Type of Wallpaper Outlook (Revenue, USD Billion; 2016-2026)
Printing Technology Outlook (Revenue, USD Billion; 2016-2026)
End-Use Verticals Outlook (Revenue, USD Billion; 2016-2026)
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Regional Outlook (Revenue, USD Billion; 2016-2026)
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