I think contact paper durability would depend on how tight the tubs fit. I used a thin hard-board with the one white-coated side, like they use for dry-erase marker boards, but my tubs fit fairly tight, and after less than a year, there were places "rubbed raw" of the white coating by the tubs. I live near Denver, so humidity is pretty low, and it hasn't been an issue yet, but I'm looking for a fix. (I'm thinking of using a vinyl peel-n-stick floor tile to toughen up the rub spots, or maybe cover the entire "ceiling".
I see this new product at the big-box hardware stores called "Never Wet". It looks promising, but I have no idea about fumes/toxicity/durability. I'll let someone else try it first.