Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Wall Panels Market by Type (Metal, PVC, Wood, MDF, Others), By Application (Residential, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Wall Panels Market by Type (Metal, PVC, Wood, MDF, Others), By Application (Residential, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 219067 3300 Chemical & Material 377 240 Pages 4.7 (35)
                                          

Market Overview:


The global wall panels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wall panels from residential and commercial applications. In terms of type, the metal segment is expected to lead the global wall panels market during the forecast period, followed by PVC, wood, MDF and others segments. In terms of application, residential segment is expected to lead the global wall panels market during 2018-2030 owing to increase in construction activities across different regions.


Global Wall Panels Industry Outlook


Product Definition:


Wall panels are flat, rectangular boards that are used to cover the exterior or interior of a wall. They can be made from a variety of materials, including wood, fiberboard, plastic, metal, or stone. Wall panels are often used in place of traditional wallpaper or paint to create a more polished look and they can also provide insulation and noise reduction.


Metal:


Metal is one of the important components used in construction. It is extensively used in building and construction industry due to its properties such as corrosion resistance, high strength, recyclability, durability and aesthetic appeal. The metal panels are widely accepted across the globe owing to their excellent mechanical properties which include high tensile strength & stiffness along with low weight & low thermal expansion. These metal panels are available in various shapes and sizes which can be customized as per client requirements.


PVC:


Polyvinyl Chloride or PVC is a thermoplastic polymer with the formula (CH2)nCl. It has a unique property, in that it can be heated to its melting point and then be cooled almost instantly, without any change in its physical properties.


Application Insights:


The commercial application segment dominated the global market, accounting for a share of over 60.0% in 2017. The growth of the commercial sector is attributed to an increase in construction activities across developing countries, such as China and India. Furthermore, growing investments by foreign companies in China and India are expected to boost product demand over the forecast period.


The residential sector is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing urbanization along with rising consumer disposable income levels across developing countries including China and India.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the regional market can be attributed to rising construction activities in emerging economies, such as China and India. In addition, increasing investments by governments for infrastructural development are likely to drive demand for wall panels from 2018 to 2030.


The growing residential sector in Asia Pacific countries is anticipated to fuel product demand over the forecast period. For instance, according to data published by World Bank Group, India’s GDP grew at a rate of 7% during 2014-2016; however there was little improvement seen in housing sector which forms a major part of GDP (Gross Domestic Product). This indicates that there is huge potential for growth through 2022 elections with an aim towards improving housing infrastructure within India thereby driving product consumption over the next eight years.


Europe accounted for more than 25% share of global revenue on account of high acceptance among consumers regarding energy efficiency.


Growth Factors:


  • Increasing demand from the construction sector for wall panels as a substitute to traditional building materials such as bricks and concrete.
  • Rising popularity of prefabricated houses, which use wall panels as a key component, is driving the market growth.
  • Growing demand for energy-efficient and eco-friendly construction products is also propelling the market growth.
  • Increasing use of decorative wall panels in residential and non-residential applications is another key factor fuelling the market expansion.

Scope Of The Report

Report Attributes

Report Details

Report Title

Wall Panels Market Research Report

By Type

Metal, PVC, Wood, MDF, Others

By Application

Residential, Commercial

By Companies

Armstrong, Construction Specialties, Arper, Hunter Doughlas, USG, Celenit, Vicoustic, Estel, Caimi, Buzzispace, Eurocoustic, Sancal, OFFECCT, Swedese, Casalis, Plexwood, Ideatec, Spigo Group, Teak Story, Planoffice, Eterno Ivica SRL, Adeco, De Vormr

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

240

Number of Tables & Figures

168

Customization Available

Yes, the report can be customized as per your need.


Global Wall Panels Market Report Segments:

The global Wall Panels market is segmented on the basis of:

Types

Metal, PVC, Wood, MDF, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Residential, Commercial

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Armstrong
  2. Construction Specialties
  3. Arper
  4. Hunter Doughlas
  5. USG
  6. Celenit
  7. Vicoustic
  8. Estel
  9. Caimi
  10. Buzzispace
  11. Eurocoustic
  12. Sancal
  13. OFFECCT
  14. Swedese
  15. Casalis
  16. Plexwood
  17. Ideatec
  18. Spigo Group
  19. Teak Story
  20. Planoffice
  21. Eterno Ivica SRL
  22. Adeco
  23. De Vormr

Global Wall Panels Market Overview


Highlights of The Wall Panels Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Metal
    2. PVC
    3. Wood
    4. MDF
    5. Others
  1. By Application:

    1. Residential
    2. Commercial
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Wall Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Wall Panels Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Wall panels are a type of insulation that is installed between the studs in a wall. They are made from materials such as fiberglass, cellulose, or mineral wool and can be installed in walls either vertically or horizontally. Wall panels provide thermal insulation and soundproofing for walls and ceilings.

Some of the key players operating in the wall panels market are Armstrong, Construction Specialties, Arper, Hunter Doughlas, USG, Celenit, Vicoustic, Estel, Caimi, Buzzispace, Eurocoustic, Sancal, OFFECCT, Swedese, Casalis, Plexwood, Ideatec, Spigo Group, Teak Story, Planoffice, Eterno Ivica SRL, Adeco, De Vormr.

The wall panels market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Wall Panels Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Wall Panels Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Wall Panels Market - Supply Chain
   4.5. Global Wall Panels Market Forecast
      4.5.1. Wall Panels Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Wall Panels Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Wall Panels Market Absolute $ Opportunity

5. Global Wall Panels Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Wall Panels Market Size and Volume Forecast by Type
      5.3.1. Metal
      5.3.2. PVC
      5.3.3. Wood
      5.3.4. MDF
      5.3.5. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Wall Panels Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Wall Panels Market Size and Volume Forecast by Application
      6.3.1. Residential
      6.3.2. Commercial
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Wall Panels Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Wall Panels Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Wall Panels Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Wall Panels Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Wall Panels Demand Share Forecast, 2019-2026

9. North America Wall Panels Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Wall Panels Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Wall Panels Market Size and Volume Forecast by Application
      9.4.1. Residential
      9.4.2. Commercial
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Wall Panels Market Size and Volume Forecast by Type
      9.7.1. Metal
      9.7.2. PVC
      9.7.3. Wood
      9.7.4. MDF
      9.7.5. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Wall Panels Demand Share Forecast, 2019-2026

10. Latin America Wall Panels Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Wall Panels Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Wall Panels Market Size and Volume Forecast by Application
      10.4.1. Residential
      10.4.2. Commercial
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Wall Panels Market Size and Volume Forecast by Type
      10.7.1. Metal
      10.7.2. PVC
      10.7.3. Wood
      10.7.4. MDF
      10.7.5. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Wall Panels Demand Share Forecast, 2019-2026

11. Europe Wall Panels Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Wall Panels Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Wall Panels Market Size and Volume Forecast by Application
      11.4.1. Residential
      11.4.2. Commercial
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Wall Panels Market Size and Volume Forecast by Type
      11.7.1. Metal
      11.7.2. PVC
      11.7.3. Wood
      11.7.4. MDF
      11.7.5. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Wall Panels Demand Share, 2019-2026

12. Asia Pacific Wall Panels Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Wall Panels Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Wall Panels Market Size and Volume Forecast by Application
      12.4.1. Residential
      12.4.2. Commercial
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Wall Panels Market Size and Volume Forecast by Type
      12.7.1. Metal
      12.7.2. PVC
      12.7.3. Wood
      12.7.4. MDF
      12.7.5. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Wall Panels Demand Share, 2019-2026

13. Middle East & Africa Wall Panels Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Wall Panels Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Wall Panels Market Size and Volume Forecast by Application
      13.4.1. Residential
      13.4.2. Commercial
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Wall Panels Market Size and Volume Forecast by Type
      13.7.1. Metal
      13.7.2. PVC
      13.7.3. Wood
      13.7.4. MDF
      13.7.5. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Wall Panels Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Wall Panels Market: Market Share Analysis
   14.2. Wall Panels Distributors and Customers
   14.3. Wall Panels Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Armstrong
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Construction Specialties
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Arper
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Hunter Doughlas
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. USG
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Celenit
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Vicoustic
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Estel
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Caimi
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Buzzispace
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Eurocoustic
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Sancal
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. OFFECCT
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Swedese
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Casalis
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Plexwood
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Ideatec
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Spigo Group
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Teak Story
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. Planoffice
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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