The global wall decor market is anticipated to grow at a significant CAGR of 5.6% during the forecast period. The rising digitalization of wall décor items is the major factor driving the growth of the global wall décor market. Digital printing technology trends in the décor landscape are increasing the demand for digital printing in the market. Digital wallpaper printing, frameworks, and mirror works are widely used in residential, commercial, and high-end showrooms. Many artists are introducing digital painting to satisfy the demand of the customers which led to the growth of the wall décor market. For instance, in April 2021, the Dusk launched Digital Painting by Muhammad Nafay. Due to the increased demand for digital wall décor items, the digitally printed wall arts are witnessing an increase the sales which also contributes to the market growth across the world.
Furthermore, the ‘Icons of Singara Chennai’ digital wall art initiative is to be launched in February 2022 by Jupiter Meta, a curated NFT marketplace, in collaboration with 108 Collective, an art and design collective. Moreover, in April 2022, Insecta launched Raknida.com, an art-tech platform that makes affordable & inspiring wall art. The platform makes several digital art styles such as graffiti, murals, photography, and illustrations, among others available to users as three wall art options- art prints, canvas prints, and wallpapers, with the additional option to frame any art or canvas print. Additionally, the demand for wall-mounted devices also increased as people want to decorate their houses with smart devices. Due to the increasing demand for wall-mounted devices, many companies introduced their innovative products in the market to compete which also supports in growth of the wall décor market globally. For instance, in 2021, Amazon launched a wall-mounted Echo device with a large touchscreen display. Echo devices have the smart home control panel, media player, and video calling abilities.
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Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
Segment Covered-
· By Product Type
· By Material
· By Distribution Channel
Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
Competitive Landscape – Ashleley Furniture Industries, Crate and Barrel and CB2, Inter Ikea Systems B.V., Northern Oaks Decor Co., Stratton Home Decor, and others.
Wall Decor Market Report Segment
By Product Type
• Shelves
• Wall Stickers
• Hangings
• Frame Works
• Mirror
• Wall Art & Painting
• Wall Clock
• Wall Paper & Fabrics
• Others Accessories
By Material
• Wood
• Fabric and textile
• Plastic
• Glass
• Metal
By Distribution Channel
• Online
• Offline
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Wall Decor Market Report Segment by Region
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
• Artissimo Designs
• Ashley Furniture Industries, Inc.
• Bubola & Naibo s.r.l.
• Crate and Barrel
• Green Front Furniture
• Inter Ikea Systems B.V.
• Kohl’s, Inc.
• Neiman Marcus
• Northern Oaks Decor Co.
• Paragon Décor Inc.
• PTM IMAGES
• Scandiamoss Inc.
• Stratton Home Decor
• Studio McGee LLC
• Surya, Inc.
• Williams-Sonoma, Inc.
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