The UK Wall Panels Report 2025-2029 provides valuable insights into the market’s current landscape, key influences, competitive landscape and future growth prospects.
The report segments the market into two primary categories: waterproof wall panels, which are estimated to account for approximately 72% of the market, and decorative wall panels, holding a share of 28%.
Market Value
The UK wall panels market is estimated to be worth £238m at Manufacturer Selling Prices (MSP) in 2024, representing 10% growth on the previous year. Demand for wall panels, particularly waterproof panels, has grown significantly since the 2010s, with the market becoming more established.
Why Wall Panels are on the Rise
Growth has been driven by technological advancements, including in print and texture technology, resulting in superior-quality products with new designs and improved durability.
There is also a growing recognition by homeowners and tradespeople that wall panels can offer a cost-effective, low-maintenance and easy-to-install alternative to tiles. Furthermore, the ongoing shortage of skilled tilers has heightened the appeal of wall panels, as they require less specialised skill and can be installed more quickly and efficiently without sacrificing quality.
Market Demand
While the majority of demand for wall panels stems from the Repair, Maintenance, and Improvement (RMI) sector, new build activities are also influencing market dynamics, particularly with the gradual shift towards modular construction, which favours panels over tiles. Notable growth areas in the new build sector include build-to-rent and affordable housing.
Wall Panels Market Forecast
By 2029, the UK wall panels market is forecast to be worth some £324 million at MSP, representing a CAGR of 8.3% compared to the estimated market size in 2025.
Growth is driven by anticipated trends in UK construction activity (new work & RMI) in key end-use sectors.
Additionally, wall panels in the UK are projected to continue gaining market share from traditional wall tiles.
Growth prospects for wall panels are forecast to strengthen in 2026 as economic conditions improve. Sustained growth is expected through 2029; however, as the market matures, annual growth rates will likely moderate towards the end of this forecast period.
The UK Wall Panels Market Report UK 2025-2029 is an essential resource for manufacturers, distributors, and other stakeholders seeking to understand the current state and future direction of this market.
