Global Wall Décor Market: From an estimated market size of US$ 50,015.5 Mn in 2018, the value sales of wall décor are expected to reach US$ 70,985.9 Mn by 2027 with at a CAGR of 4.0%. Wall décor sales to soar through 2027; commercial industry is a key target segment for manufacturers of wall décor
The trends in the global décor market are constantly changing, especially in case of the interiors of offices, retail shops and showrooms, as well as in the hospitality industry. Even in the household sector, consumers are very particular about the how they want the interiors of their homes to look. As a result, the wall décor market has been witnessing the introduction of new trends and features from time to time, which cater to the needs and requirements of target customers.
Get | Download Sample Copy with Graphs & List of Figures:
https://www.futuremarketinsights.com/reports/sample/rep-gb-7925
Trends of wall décor have been varying from region to region. Various commercial institutions, such as hospitality industry, salon & spa, offices & showrooms, restaurants, educational institutes, spiritual institutes and other such important sectors, pay special attention to the wall décor of their facilities.
Projected to demonstrate a steady revenue growth of just-under 4% year on year in 2019, the total sales of wall décor will reportedly approach the valuation of US$ 52 Bn. Driven predominantly by the transitioning lifestyle preferences of consumers, and increasing affluence across developing economies, the global wall décor landscape reflects moderate growth prospects for the next few years.
As indicated by a recent intelligence study published by Future Market Insights, the expanding tourism and hospitality sectors continue to play a pivotal role in boosting the consumption of wall décor products worldwide, especially in the commercial sector. Moreover, the evolving structure of interior designing and thereby the growing significance, catalyze the global sales of wall décor and related products.
For More Information or Query or Customization Before Buying, Visit:
https://www.futuremarketinsights.com/customization-available/rep-gb-7925
By Segment:
By Product Type:
- Shelves
- Wall Stickers
- Hangings
- Frame Works
- Mirror
- Metal works
- Paintings
By Base Material:
- Wood
- Fabric & textile
- Plastic
- Glass
- Metal
By End-use:
- Household
- Hospitality
- Salon & Spa
- Offices & Showrooms
- Restaurants
- Educational Institutes
- Spiritual Institutes
By Region:
- North America
- Latin America
- Europe
- Middle East and Africa (MEA)
- East Asia
- South Asia
- Oceania
The market is currently witnessing a thriving trend of introduction of specialty wall décor items that suit distinct consumer segments and demographics, which prompts at a high potential yet relatively untapped opportunity in the market – specifically targeting the premium consumer class. Material and technological innovations are also identified as the prime factors influencing the market performance of wall décor products, according to the report.
Handcrafted, recycled, and sustainable wall décor are pointing to a high potential trend in the market that has been developed in an effort to address the issues related to material recycling and waste disposal.
Theme-based wall décor is another growing trend that companies are capitalizing on. Artissimo Designs Inc., one of the prominent companies operating in the global wall décor landscape, is currently focusing on strengthening strategic associations with leading entertainment studios, artists, commercial entities, professional sports leagues, and design publishers for exclusive wall décor design projects.
Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-7925
Major Key Players:
- Bed Bath & Beyond
- Home Depot
- IKEA
- Lowes
- Wal-Mart
- Costco
- Havertys
- Wayfair Company
- Williams-Sonoma
- Ethan Allen
- JC Penney