Global Wall Décor Market is Projected to Expand at a CAGR of 9.0% Over the Forecast Period (2016-2024)

New York, USA, 2018-Sep-18 — /EPR Network/ —

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.

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Market Segmentation

On the basis of our in-depth analysis, Global Wall Décor Market 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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 “Global Wall Décor Market Outlook 2024”contains a 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 Décor Market 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 asBed 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 their market-centric strategies according to the ongoing and expected trends in the future.

Key questions answered in this Global Wall Décor Market Report

  • What is the Global Wall Décor Market Size by 2024 and what would be the expected growth rate of the industry?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the wall décor market trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to wall décor industry growth?
  • Who are the key vendors in this industry space?
  • What are the industry opportunities for the existing and entry-level players?

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