Wall Decor Market Rising Trends, Growth and Forecast 2019 to 2024

The Global Wall Decor Market was valued at USD 28.54 billion in 2018 and expected to register a CAGR of over 4.63% during the forecast period 2019 - 2024.

Wall Decor

The Global Wall Decor Market was valued at USD 28.54 billion in 2018 and expected to register a CAGR of over 4.63% during the forecast period 2019 – 2024.

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. 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.

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Rapid growth in online retailing is one of the key factors pushing the demand for wall décor products at present. Rapid advancements in the field of technology and the influx of 4G and 5G internet services have lured the manufacturers to sell their products online. This gives them access to a broader base of consumers. Further, owing to the emergence of several ecommerce companies in the past few years, the manufacturers have engaged themselves in aggressive marketing and promotional activities by way of offering lucrative discounts in order to attract the population.

The growth in global Wall Decor market is also influenced by the presence of major players such as IKEA, Kohls, OTTO, Home Depot, Bed Bath & Beyond, Lowes, Macys Inc., Costco, Kirkland, Havertys,, Sears, J.C. Penney, Restoration Hardware, Pier 1 Imports, Williams-Sonoma, Wayfair, Kingfisher, Franchise Concepts, Target, Wal-Mart, West Elm, Ethan Allen

Most important types of Wall Decor market products covered in this report are: Wall Decor Liquid, Wall Decor Powder

Most widely used downstream fields of Wall Decor market market covered in this report are: Wall Art, Picture Frames, Wall Clocks, Tapestry, Posters, and Sculptures, Wall Storage, Shelves, and Hanging Cabinets, Decorative Wall Mirrors

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The global Wall Decor market is segmented into six key regions, namely North America, South America, Europe, and Asia Pacific, Japan, China and the Middle East & Africa

Europe is one of the largest consumption regions of Wall Decor in the world in the past few years and it will keep increasing in the next few years. Europe market took up about 35.56% the global market in 2016, while North America was 25.72%, and China is followed with the share about 14.52%.

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