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Global Wall Protection Consumption Increases To 312192 K Sq.M In 2019
Friday, 25 Sep, 2020
Wall Protection Mainly used to protect walls from injury. In our report, Wall Protection includes Wall Coverings, Corner Guards, Handrails, Wall Guards and Chair Rails.

The global Wall Protection industry has a rather high concentration. The major manufacturers are concentrated in North America, Europe, China and Japan, such as Construction Specialties, Koroseal Interior Products, Inpro Corporation, Gerflor and Protek Systems. At present, Construction Specialties is the world leader, holding 3.17% production market share in 2018.

The global consumption of Wall Protection increases from 266948 K Sq.m in 2014 to 312192 K Sq.m in 2019, at a CAGR of more than 3.18%. In 2018, the global Wall Protection consumption market is led by Europe and Europe is the largest region consumption market, accounting for about 35.15% of global consumption of Wall Protection. 

Wall Protection downstream is wide and recently Wall Protection has acquired increasing significance in various fields of Residential and Commercial. Globally, the Wall Protection market is mainly driven by growing demand for Commercial. In 2018, Commercial accounts for nearly 67.73% of total downstream consumption of Wall Protection in global.

Wall Protection can be mainly divided into Wall Coverings, Corner Guards, Handrails, Wall Guards and Chair Rails which Handrails captures about 40.99% of Wall Protection market in 2018 followed by Wall Coverings, Corner Guards, Wall Guards and Chair Rails.

Global market is expected to witness significant growth on account of rising applications, so in the next few years, Wall Protection consumption will show a trend of steady growth. In 2025 the consumption of Wall Protection is estimated to be 402698 K Sq.m. On product prices, the slow downward trend in recent years will maintain in the future.