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Wall Décor Market is Expected to Grow at a CAGR of 7.60%

Submitted by bondjoe on Wed, 05/17/2023 - 03:21

The Wall décor market will experience growth at a CAGR of 7.60% from 2021 to 2028, reaching an anticipated worth of USD 6.18 billion by that time. The wall décor market research examines the expansion that is now occurring as a result of the growing trend of employing waste items, such as shattered pieces of flatware, rope, bottles, and rope ends.

The science and practise of improving a building’s interior to give occupants a cleaner, more visually pleasant environment is known as wall décor. Wall décor comprises painting murals and ornamental frames on walls to transform the appearance of homes and workplaces.

Rising demand for wall décor from the construction industry to provide furnished and ready-to-live homes, increasing applications of the décor in spas, salons, restaurants, and other establishments, rising preferences towards the usages of customised decorative products, and specific design of decoration are just a few of the significant and essential factors that will likely accelerate the growth of the wall décor industry.

The major players covered in the wall décor market report are:

Bed Bath & Beyond Inc.;
Home Depot Product Authority, LLC.;
Inter IKEA Systems B.V.;
Lowe’s; Costco Wholesale Corporation.;
Haverty Furniture Companies, Inc.;
by Wayfair LLC;
Williams-Sonoma Inc.;
Ethan Allen Global, Inc.;
JCP Media, Inc.;
Global Wall Décor Market Scope and Market Size

Wall décor market is segmented on the basis of product type, consumer segment, base material, end user, and sales channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

On the basis of product type, the wall décor market is segmented into shelves, wall stickers, hangings, frame works, mirror, metal works, wall art and painting, wall clock, wall decal, wall paper and fabrics, and others accessories. Others accessories have been further segmented into plaques, rugs, plates, trays, maps, quilts, candle sconces, and tiles.

Based on consumer segment, the wall décor market is segmented into premium customers, and mass customers.

Wall Décor Market Country Level Analysis

Wall décor market is analysed and market size, volume information is provided by country, product type, consumer segment, base material, end user, and sales channel as referenced above.

Asia-Pacific dominates the wall décor market due to the growing levels of the disposable income along with changing consumer lifestyle, rapid urbanization and changing consumer preferences towards luxury products in the region.

North America region is expected to hold the largest growth rate due to the increasing growth of the hospitality sector in the region.

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