A report on the Global Wall Decor Market has been published by Contrive Datum Insights. The report provides clients with the latest trending insights into the Wall Decor market. It can be seen that the report includes market value and growth rate, size, production consumption and gross margin, pricing and other influencing factors. Along with this, in the report, you will get detailed information about every distributor, supplier, and retailer in the market. The competitive scenarios of all industry players are mentioned in detail in the report. The pandemic has caused market participants to strategically change their business plans.
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https://www.contrivedatuminsights.com/product-report/wall-decor-market-248400
Wall art is an easy and cheap way to change the look of a room. People want more personalized and unique wall designs, so the market for them is growing. The fact that there are high-quality goods on the market is helping it grow. Customers’ ability to pay and the number of newly built or remodeled homes have a direct effect on the growth of the wall décor market. Murals and frames can be put on walls to make homes and businesses look different. Wall decorations are becoming more popular in both businesses and homes, which is making the market for them grow.
The number of businesses and homes that look better is likely to go up a lot. Ready-to-live-in and fully-furnished homes built by the building industry also help the wall decor market grow. Wall decor can be used to make money in salons, spas, eateries, and other places. People also use it in their homes. Wall stickers are also becoming more popular because they are easy to find and don’t cost much. People can now look for things to decorate their homes online because of digital marketing. The market for wall art is easy to divide, and the fact that there are many local players slows the growth of the market.
The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as Paragon Décor Inc., PTM Images, Artissimo Designs, Green Front Furniture, Surya Inc., Neiman Marcus, Kohl’s Illinois Inc., Crate and Barrel, Scandiamoss Inc., Studio McGee LLC, Stratton Home Décor, Northern Oaks Décor Co, Bubola & Naibo s.r.l., Ashleley Furniture Industries, Inter Ikea Systems B.V.. Geographically, this market has been segmented into regions such as North America, Latin America, Europe, Asia Pacific and Rest of the World. The study details country-level aspects based on each segment and gives estimates in terms of market size.
North America has the biggest market share for wall decorations. It makes up more than 40% of the total market income around the world. Most of the reason why the North American wall decor market is growing is because the home decor business is growing. In the next few years, the U.S. is likely to have the biggest market for wall art in North America. The market for wall decorations in North America is also rising because people are spending more and more money on designer wall decorations.
Asia-Pacific was responsible for 40% of sales in 2021, and by 2028, it is expected to be worth more than USD 16.5 billion. It will still be the most important area and will grow a lot in the coming years, thanks to the growth of the construction industry in countries like India, China, and Indonesia that are still growing. India’s IT business is growing quickly, which is making construction go faster and will help the country’s interior design market. People in this area are quickly changing their habits and ways of life. They are becoming more interested in western culture and building and spending more money on them.
Wall Decor Market Segmentation:
By Product Type:
- Shelves
- Wall Stickers
- Hangings
- Frame Works
- Mirror Works
- Metal Works
- Others
By Base Material:
- Wood
- Fabric & Textile
- Plastic
- Glass
- Metal
- Others
By End Use:
- Residential
- Commercial
By Sales Channel:
- Wholesalers/ Distributors
- Hypermarkets/ Supermarkets
- Specialty Stores
- Multi-brand Stores
- Online Retailers
- Others (Club Stores, Gift Shops)
Frequently Asked Questions (FAQ):
- What is the growth rate predicted for the Global Wall Decor Market?
- Who are the top performing companies in Wall Decor Market?
- Which region dominated the worldwide market for Wall Decor in 2022?
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