The design – which was created in partnership with the city's Serpentine Gallery and New York textiles brand Maharam – features sections of red and green that bleed into each other and are overlaid onto photographs of people in the park.
The colours refer back to the architect's 2010 Serpentine Gallery pavilion, which was similarly covered in a bright red translucent facade.
According to the architect, his design aims to capture the sensations of a typical London summer.
The choice of red represents the red brick of the gallery, or stereotypical London sights such as buses and telephone boxes, while the green refers to park foliage.
"Hyde Park, Kensington: the simplicity and openness of these gently tamed expanses," said Nouvel, whose firm recently completed a plant-covered tower in Cyprus.
"Green grass as a backdrop, stretches of leafy trees creating depth of field and an aura of calm freedom floats in the air."
The designs have been digitally printed with UV-resistant inks, and can be purchased as rolls at the Serpentine Gallery shop in London or by yard through Maharam.
Several other designers have translated their work into wall coverings, including Piet Hein Eek, who created several designs for wallpaper brand NLXL featuring architectural textures such as marble, brick and wood.