United States Wall Décor Market is characterized by a population that is highly attracted to products made with innovative and modern machinery, ensuring ease of installation and maintenance. This consumer preference significantly contributes to the market’s growth, projected at a steady CAGR of 3.3%.
Consumers in the country embrace the concept of DIY projects, leading to a diverse product portfolio that includes easily installable items such as wall stickers, frames, mirror art, hangings, and more. These factors are expected to drive growth in the wall décor industry in the United States.
The global wall décor market is on an impressive trajectory, currently estimated at USD 60.15 billion in 2023 and expected to grow to USD 85 billion by 2033, advancing at a CAGR of 3.5%. This growth is significantly influenced by the rise of virtual interior design services, allowing consumers to visualize art options in their spaces before purchasing. Interactive experiences not only enhance customer engagement but also enable personalized décor choices.
Key Takeaways
- The wall décor market is estimated at US$ 60.15 billion in 2023, projected to reach US$ 85 billion by 2033.
- The market is advancing at a CAGR of 3.5% over the forecast period.
- Virtual interior design services enhance customer engagement and personalize wall décor choices.
- Smart technology integration in wall art is transforming consumer preferences for interactive designs.
- Wellness-centric wall décor featuring calming motifs and colors is gaining popularity among consumers.
- Sustainability and collaboration with artists are essential strategies for manufacturers to stand out.
- A strong online presence and customization options are critical for capturing market opportunities.
Key Companies Profiled
- Paragon Décor Inc.
- PTM Images
- Artissimo Designs
- Green Front Furniture
- Surya Inc.
- Neiman Marcus
- Kohl’s Illinois Inc.
- Crate and Barrel
- Scandiamoss Inc.
- Studio McGee LLC
- Stratton Home Décor
- Northern Oaks Décor Co
- Bubola & Naibo s.r.l.
- Ashley Furniture Industries
- Inter Ikea Systems B.V.
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Market Segmentation
By Product Type:
- Shelves
- Wall Stickers
- Hangings
- Frame Works
- Mirror Works
- Metal Works
- Others
By Base Material:
- Wood
- Fabric & Textile
- Plastic
- Glass
- Metal
- Others
By End-Use:
- Residential
- Commercial
- Hospitality
- Salon & Spa
- Offices & Showrooms
- Restaurants
- Educational Institutes
- Spiritual Institutes
- Others
By Sales Channel:
- Wholesalers/ Distributors
- Hypermarkets/ Supermarkets
- Specialty Stores
- Multi-brand Stores
- Online Retailers
- Others (Club Stores, Gift Shops)
- By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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