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Wall Decor Market Trends

Report ID: GMI5217
Published Date: May 2024
Report Format: PDF

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Wall Decor Market Trends

The global market for decorating walls spans a wide array of products meant to beautify homes, offices, and other spaces. From traditional paintings to modern sculptures, the options are diverse and always changing. People are increasingly drawn to eco-friendly wall decor made from recycled or ethically sourced materials where customizable decor items, like personalized prints or photo collages, are gaining popularity as people seek unique pieces. Furthermore, many prefer simple, clean designs with neutral colors for a modern, uncluttered look due to the rise of digital art and non-fungible tokens offers new ways to access and collect artwork.

Additionally, products that serve multiple purposes, like foldable desks or wall-mounted shelves, are becoming more popular. Handmade pieces, showcasing traditional techniques, are appreciated for their uniqueness. In addition, integration of smart technology, such as lighting and interactive displays, is creating new possibilities in the wall décor market Thus, these trends reflect changing consumer preferences and lifestyles, shaping the future of wall decor globally.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Industry size for wall decor was USD 32.68 billion in 2023 and is projected to expand at 4.7% CAGR from 2024 to 2032, on account of the expansion of commercial and infrastructure developments due to urbanization and exponential population growth.

The wallpapers/stickers segment in the wall decor industry accumulated USD 8.11 billion in revenue in 2023 and is estimated to grow at substantial rate between 2024 and 2032, due to their ability to offer variety of designs and styles.

North America industry size was worth USD 11.09 billion in 2023 and is projected to expand at significant rate between 2024 and 2032, owing to the increasing development of commercial infrastructure.

Artissimo Designs LLC, Ashley Furniture Industries Inc., Bed Bath & Beyond, Costco Wholesale Corporation, Ethan Allen Global Inc., Franchise Concepts Inc., Home Depot, IKEA, J.C. Penney Company Inc., Kohls Corporation, Lowes Companies, Inc., Marmont Hill Inc., Restoration Hardware Inc., Target Corporation, and Wal-Mart are some of the leading wall decor companies worldwide.