Global Wall Decor Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2018–2027
Wall Decor Market Report offers in-depth insights, revenue details, and other vital information regarding the global wall decor market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027.
The Wall Decor Market Report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The wall decor market report has been segmented on the basis of product type, base material, end-use, distribution channel, and region.
This Wall Decor Market report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Wall Decor Market Overview:
“The Wall Decor Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Wall decor includes the decoration of walls using decorative frames, and murals, to change the outlook of the households or offices.
The global wall decor market is estimated to witness substantial growth, owing to increasing demand for wall decor products from residential and commercial sectors.
Wall Decor Market Dynamics:
The global wall decor market is expected to register significant growth, owing to the increasing inclination towards creating an aesthetic look in households and offices.
Increasing demand for wall décor from the construction sector to offer furnished and ready-to-live households is another major factor that is expected to fuel demand for wall decor products.
Wall decor items have several commercial applications such as salons and spas, restaurants, etc., which are among additional factors expected to drive demand for decorative products and in turn support revenue growth of the target market over the forecast period.
Increasing demand for customized decorative products and specific design of decoration and interior design are other key factors expected to drive the growth of the target market.
In addition, wall stickers are gaining rapid demand, owing to their cost-effectiveness and ease of availability in the local as well as international markets.
Increasing penetration of smartphones and Internet portals has led to growth through the online sales channels, as people are buying decorative items and other goods virtually, which in turn is expected to drive the growth of the global wall decor market over the forecast period.
However, the wall decor market is highly fragmented which is a major factor expected to hamper the growth of the target market to a certain extent.
In addition, the presence of various regional players in the market which offer décor products at a lower cost is another key factor expected to hamper the market growth to a certain extent.
Moreover, the ongoing trend of DIY (Do it Yourself), as people are becoming aware of recycling existing waste materials and creating new art from it is another factor expected to hamper the growth of the global wall decor market.
Wall Decor Market Regional Insights:
Market in the Asia Pacific is estimated to witness substantial growth, owing to increasing disposable income and changing consumer lifestyle.
In addition, increasing urbanization has changed consumer preference toward luxurious lifestyles and comfort, which is a major factor expected to augment the growth of the target market in the region.
Increasing demand from the hospitality sector is another key factor expected to support the revenue growth of the target market in the region.
The north American market is expected to register moderate growth over the forecast period. Markets in Europe, Latin America, and Middle East & Africa are expected to register moderate growth over the forecast period.
Segmentation and Key Players Operating in the Global Wall Decor Market:
Segmentation by product type:
- Wall Stickers
Segmentation by base material:
- Fabric & textile
Segmentation by end-use:
- Salon & Spa
- Offices & Showrooms
- Educational Institutes
- Spiritual Institutes
Segmentation by distribution channel:
- Gift Shops
- Speciality Store
- Club store
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Paragon Decor Inc.
- PTM Images
- Artissimo Designs Inc.
- Green Front Furniture
- Surya Inc.
- Neiman Marcus Group, Inc.
- Kohl's Corporation
- Otto GmbH & Co KG
- Scandiamoss Inc.
- Studio McGee
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