The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Wall Décor Global Market Report 2024 offers crucial insights into the wall décor market help businesses analyse and build stronger strategies.

The Growth Trajectory and Factors Fueling Expansion
The wall décor market has witnessed robust growth in recent years, driven by various factors contributing to its expansion. The market size surged from $57.43 billion in 2023 to $61.15 billion in 2024, exhibiting a compound annual growth rate (CAGR) of 6.5%. Several elements have underpinned this growth in the historic period, including urbanization, housing construction, consumer preferences, economic conditions, as well as art and culture.

Projected Growth and Influential Trends
Looking ahead, the wall décor market is poised for even stronger growth, with estimations projecting a size of $79.64 billion in 2028, at a CAGR of 6.8%. This anticipated expansion in the forecast period stems from increasing demand for e-commerce, sustainability, health considerations, and evolving trends in hospitality and commercial spaces. Major trends foreseen in the upcoming years include:

• Sustainable and eco-friendly designs
• Digital art and prints
• Mixed media and texture
• Gallery walls and asymmetrical arrangements
• Artisan and handmade products

Rise In E-Commerce And Online Shopping To Drive Market Growth
The surge in e-commerce and online shopping is anticipated to be a primary driver of the wall décor market’s growth trajectory. E-commerce facilitates accessibility, wider product selection, convenience, customization options, competitive pricing, and enhanced visual representations. Notably, the first quarter of 2021 witnessed a substantial increase of 39.0% in US e-commerce sales compared to the same period in 2020, as reported by the United States Department of Commerce.

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Digital Walls Pioneering Customization In Wall Décor Market
Innovative products like digital walls are reshaping the landscape of the wall décor market. These customizable and sophisticated wall coverings offer diverse design options, inviting homeowners to experiment creatively. For instance, UDC Homes launched Digital Walls, an online platform offering customizable wallpaper and wall mural designs, catering to various aesthetic preferences and styles.

Circle Graphic Expands Wall Décor Portfolio With Acquisition
Circle Graphic, a prominent player in the wall décor market, made strategic moves to enhance its product portfolio by acquiring Graphik Dimensions, LLC in January 2021. This acquisition not only strengthens Circle Graphic’s market position but also signals a commitment to innovation and product development within the industry.

Market Segmentation and Regional Dynamics
The wall décor market is segmented based on product type, base material, distribution channels, and applications. Product types range from shelves and wall stickers to mirror and metal works, catering to diverse consumer preferences and needs. North America dominated the market share in 2023, while Asia-Pacific is anticipated to witness the fastest growth in the forecast period.

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The Wall Décor Global Market Report 2024  provides a comprehensive outlook of the wall décor market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The wall décor market forecast offers a thorough analysis on wall décor market size, wall décor market share, prominent players and their strategies.

The Table Of Content For The Wall Décor Market Include:
1. Wall Décor Market Executive Summary
2. Wall Décor Market Segments
3. Wall Décor Market Size And Wall Décor Market Growth Rate
4. Key Wall Décor Market Trends
5. Major Wall Décor Market Drivers
……
25. Key Mergers And Acquisitions In The Wall Décor Market
26. Top Wall Décor Companies
27. Wall Décor Market Opportunities And Strategies
28. Wall Décor Market, Conclusions And Recommendations
29. Appendix

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