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In 2020, when the COVID-19 pandemic started and created worldwide havoc, many markets toppled in the sudden uncertain situation that was created. Consumption of decor paper recorded a negative trend in 2020 amidst lockdown mandates that affected all aspects, from manufacturing to distribution. Demand for decor paper is anticipated to make a comeback at a steady pace in the post-pandemic era as the world returns to a new normal. Furniture decor paper is expected to be at the helm of the market in terms of demand due to changing lifestyle preferences across the world. Sales of decor paper, decor glass, decor polystyrene, and other products are anticipated to perform well over the coming years.
Substantially rising demand for decor paper in wooden flooring applications such as the use of high-pressure laminates has spurred the prospects in the decor paper market. However, low-pressure laminates are also rising in popularity. Rapid pace of urbanization is a key trend adding to the growth avenues in the market. Do you want to assess potential implications of COVID-19 pandemic on your business and boost your preparedness?
For finish foil applications with medium demand for scratch and wear resistance, we offer environmentally friendly pre-impregnated papers that offer characteristics, such as: outstanding internal bonding, immediate gluability, formaldehyde-free paper concept, and great printability and flatness properties. M-FOIL-PN catalogue proposes a range of high quality formaldehyde-free pre-Impregnated paper solutions to address the most demanding finish foil processing and applications.
Increasing building and construction activity, rising consumption of furniture, increasing per capita disposable income in emerging economies, rising focus on the visual appearance of products, etc., are some factors that are anticipated to guide the sales of decor paper in the future. Decor paper consumption across the world is anticipated to rise at a high CAGR of 5.5% from 2022 to 2027. Increasing building and construction activity, rising consumption of furniture, increasing per capita disposable income in emerging economies, rising focus on the visual appearance of products, etc., are some factors that are anticipated to guide the sales of decor paper in the future. Find even more details on wood grain paper.