Global Wall Decor Market To Grow at a CAGR of 9.0% by 2024

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According to Goldstein Research, global wall décor market is expected to reach USD 23.2 billion by 2024, at a compounded annual growth rate of 9.0% over the forecast period 2016-2024. The construction of new spaces and renovation activities are opening new growth opportunities for the global wall décor industry. Global wall décor market segmentation has been carried out on the basis of product type, consumer segment, distribution channel, and geography. Based on product type, wall art and paintings segment accounted for 27.1% market share. Global wall décor market is majorly driven by North America acquiring 23.4% market share. North America wall décor market share is followed by wall décor market of Asia Pacific, growing at a CAGR of 6.3% over the forecast period. The rapid construction activities in APAC region is propelling the demand for interior designing and wall décor products.

Market Segmentation

On the basis of our in-depth analysis, Global Wall DécorMarket can be segmented as follows:

  • By Product Type
    • Wall Art and Painting
    • Wall Clock
    • Wall Decal
    • Wall Paper and Fabrics
    • Wall Cabinets and Shelves
    • Photo Frames
    • Others Accessories (plaques, rugs, mirrors, plates, trays, maps, quilts, candle sconces, tiles)
  • By Consumer Segment
    • Premium Customers
    • Mass Customers
  • By Distribution Channel
    • Online channel
    • Offline channel
  • By Region
    • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
    • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 

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Industry Overview & Competitive Outlook

“Global Wall Décor Market Outlook 2024” contains the detailed overview of the global wall décor market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, consumer segment, and distribution channel.

Further, for the in-depth analysis, Global wall decor industry report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Bed Bath & Beyond, Home Depot, IKEA, Lowes, Wal-Mart, Costco, Havertys, Wayfair Company, Williams-Sonoma, Ethan Allen, JC Penney, Pottery Barn, Crate & Barrel, West Elm, The Land of Nod, Kirkland, Kohls, Macys Inc., Restoration Hardware, Sears,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global wall décor market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align the market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research is a market research company with strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on consumer retail reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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