Global Wall Décor Market, By Product Type (Shelves, Wall Stickers, Hangings, Frame Works, Mirror, Metal Works, Wall Art and Painting, Wall Clock, Wall Decal, Wall Paper and Fabrics, Others Accessories), Consumer Segment (Premium Customers, Mass Customers), Base Material (Wood, Fabric and textile, Plastic, Glass, Metal), End User (Household, Commercial), Sales Channel (Unorganized, Organized Sector), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Wall Décor Market
Wall décor market will reach an estimated valuation of USD 6.18 billion by 2028, while registering this growth at a rate of 7.60% for the forecast period of 2021 to 2028. Wall décor market report analyses the growth, which is currently being growing due to the increasing trend of using waste materials such as broken pieces of utensils, cutlery, bottles, caps, and ropes.
Wall Décor is the art and science of upgrading a building's interior to create a cleaner and more aesthetically pleasing atmosphere for the people who use the space. Wall decor includes decoration of walls using decorative frames, murals, to change outlook of the households or offices.
Increasing inclination towards creating aesthetic look of households and offices, rising demand for wall décor form construction sector to offer furnished and ready-to-live households, increasing applications of the décor in spas, salon, restaurants, and others, rising preferences towards the usages of customized decorative products and specific design of decoration are some of the important as well as vital factors which will likely to accelerate the growth of the wall décor market in the projected timeframe of 2021-2028. On the other hand, increasing penetration of smartphones and Internet portal along with prevalence of improved sales channel which will further contribute by generating immense opportunities that will led to the growth of the wall décor market in the above mentioned projected timeframe.
Prevalence of local players along with rising trends of do it yourself as people are becoming aware of recycling of existing waste material which will likely to act as market restraints factor for the growth of the wall décor in the above mentioned projected timeframe. High price competency will become the biggest and foremost challenge for the growth of the market.
This wall décor market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on wall décor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Wall Décor Market Scope and Market Size
Wall décor market is segmented on the basis of product type, consumer segment, base material, end user, and sales channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the wall décor market is segmented into shelves, wall stickers, hangings, frame works, mirror, metal works, wall art and painting, wall clock, wall decal, wall paper and fabrics, and others accessories. Others accessories have been further segmented into plaques, rugs, plates, trays, maps, quilts, candle sconces, and tiles.
- Based on consumer segment, the wall décor market is segmented into premium customers, and mass customers.
- On the basis of base material, the wall décor market is segmented into wood, fabric and textile, plastic, glass, and metal.
- Based on end user, the wall décor market is segmented into household, and commercial. Commercial segment will further segmented into hospitality industry, salons and spas, offices and showrooms, restaurants, educational institutes, spiritual institutes and others.
- On the basis of sales channel, the wall décor market is segmented into unorganized, and organized sector. Organized sector has been further segmented into hypermarkets/supermarkets, specialty stores, E-retailers, club stores and gift shops.
Wall Décor Market Country Level Analysis
Wall décor market is analysed and market size, volume information is provided by country, product type, consumer segment, base material, end user, and sales channel as referenced above.
The countries covered in the wall décor market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the wall décor market due to the growing levels of the disposable income along with changing consumer lifestyle, rapid urbanization and changing consumer preferences towards luxury products in the region. North America region is expected to hold the largest growth rate due to the increasing growth of the hospitality sector in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Wall Décor Market Share Analysis
Wall décor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to wall décor market.
The major players covered in the wall décor market report are Bed Bath & Beyond Inc.; Home Depot Product Authority, LLC.; Inter IKEA Systems B.V.; Lowe's; Costco Wholesale Corporation.; Haverty Furniture Companies, Inc.; by Wayfair LLC; Williams-Sonoma Inc.; Ethan Allen Global, Inc.; JCP Media, Inc.; Paragon; PTM Images; Artissimo Designs.; Green Front Furniture; Surya, Inc; Neiman Marcus; Kohl’s, Inc.; Otto (GmbH & Co KG); Teraria, Co. LTD.; Studio McGee.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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