Asia-Pacific is witnessing considerable growth in the construction sector on account of rapid urbanization and rising population. The development of new infrastructure projects and increasing spending on home renovations drives the regional market growth.
The emerging trend of nuclear and small families in India has encouraged more residential infrastructure projects in the country. Against the backdrop of favorable government norms and availability of skilled workforce, several MNCs have shifted their office bases in the Asia-Pacific region. Better aesthetics and interiors of the office help in generating a good working environment, which increases the efficiency of the employees, further driving the market growth.
Impact of COVID-19
The COVID-19 outbreak has led to public health crises across the globe, compelling the governments to impose a lockdown in order to curb the spread of the virus. With disruptions in the supply chain, the leaders have predicted an economic slowdown in the coming future. The demand for digitally printed wallpaper market is projected to decelerate in the future due to lower consumer disposable income and expenditure on home renovations, further hampering the market growth.
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Digitally Printed Wallpaper Market: Segmentation
By Printing Technology
" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast PeriodsView Full Report Buy This Report Now