Market Overview:
The global canvas panels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for canvas panels from various applications such as art galleries, universities and schools, individual artists, and others. In addition, the growing popularity of DIY projects is also contributing to the growth of this market. North America accounted for the largest share of the global canvas panels market in 2017 and is expected to maintain its dominance during the forecast period.
Product Definition:
A canvas panel is a thin, flat panel of canvas fabric, typically about 1/8 inch (3 mm) thick, that is used as the base for painting. Canvas panels are usually less expensive and more portable than stretched canvases, and they do not require framing.
5inch x 5inch:
The global 5inch x 5inch market size was valued at USD 4.6 billion in 2018 and is expected to register a CAGR of XX% from 2019 to 2023. The growth can be attributed to the growing popularity of large format digital prints, especially for commercial applications such as advertising and marketing campaigns, billboards, posters, art displays, etc.
5inch x 7inch:
The 5 inch x 7 inch canvas panel is a popular size for commercial and residential artists. It has become the most preferred size among painters, especially those who are new to the industry or are trying to establish their business. The canvas panel is a large piece of cloth that is used as a painting surface in various sizes.
Application Insights:
The art galleries application segment led the global canvas panels market in 2017. This is attributed to rising demand for paintings and growing interest among collectors in modern art. Moreover, increasing number of museum exhibitions across the globe has boosted the sales of paintings, thereby supporting the growth of this application segment.
The individual artists application segment is expected to register a significant CAGR over the forecast period owing to rising awareness about expression through painting and growing popularity among collectors for purchasing original works of fine arts by unknown artists. Furthermore, an increase in solo exhibitions also boosts product demand from this segment.
Regional Analysis:
North America dominated the global canvas panels market in 2017. The growth is attributed to the presence of a large number of prominent painters and art galleries in this region. Moreover, high disposable income coupled with an increasing number of corporate events has led to an increase in the demand for customized artwork, which is further expected to propel product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income and growing adoption by individuals as well as corporate entities for various purposes including exhibitions and decorating offices/rooms etc. Furthermore, government initiatives encouraging artists are expected drive regional product demand during this period. For instance, China launched its first national competition on painting in 2013 which received entries from across China and overseas participants were encouraged send their paintings abroad (China Daily 2013). Such government initiatives are likely encourage other governments around Asia Pacific region too launch similar competitions encouraging local artists paint outside traditional mediums such as oil paintings or water colors etc.
Growth Factors:
- Increasing demand from the construction industry for lightweight and durable panels for use in walls, roofs, and floors
- Rising demand from the furniture industry for panels that can be used to create a variety of products
- Growing popularity of canvas panels as an art medium among artists and hobbyists
- Increasing use of canvas panels in advertising and signage applications
- Technological advancements that result in improved performance and durability of canvas panels
Scope Of The Report
Report Attributes
Report Details
Report Title
Canvas Panels Market Research Report
By Type
5inch x 5inch, 5inch x 7inch, 6inch x 6inch, 8 Inch x 10 Inch, 9 Inch x 12 Inch, Others
By Application
Art Galleries, Universities and Schools, Individual Artists, Others
By Companies
Arteza, MontMarte International, Fredrix Artist Canvas, Michaels, US Art Supply, Jerry's Artarama, Academy Art & Crafts, Artlicious, Arteza
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Canvas Panels Market Report Segments:
The global Canvas Panels market is segmented on the basis of:
Types
5inch x 5inch, 5inch x 7inch, 6inch x 6inch, 8 Inch x 10 Inch, 9 Inch x 12 Inch, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Art Galleries, Universities and Schools, Individual Artists, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arteza
- MontMarte International
- Fredrix Artist Canvas
- Michaels
- US Art Supply
- Jerry's Artarama
- Academy Art & Crafts
- Artlicious
- Arteza
Highlights of The Canvas Panels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 5inch x 5inch
- 5inch x 7inch
- 6inch x 6inch
- 8 Inch x 10 Inch
- 9 Inch x 12 Inch
- Others
- By Application:
- Art Galleries
- Universities and Schools
- Individual Artists
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Canvas Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Canvas panels are a type of graphic design that uses an image or photograph as the background for your artwork. This allows you to create a more personal and unique look for your projects, as opposed to using a pre-made template.
Some of the major players in the canvas panels market are Arteza, MontMarte International, Fredrix Artist Canvas, Michaels, US Art Supply, Jerry's Artarama, Academy Art & Crafts, Artlicious, Arteza.
The canvas panels market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Canvas Panels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Canvas Panels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Canvas Panels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Canvas Panels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Canvas Panels Market Size & Forecast, 2020-2028
4.5.1 Canvas Panels Market Size and Y-o-Y Growth
4.5.2 Canvas Panels Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 5inch x 5inch
5.2.2 5inch x 7inch
5.2.3 6inch x 6inch
5.2.4 8 Inch x 10 Inch
5.2.5 9 Inch x 12 Inch
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Art Galleries
6.2.2 Universities and Schools
6.2.3 Individual Artists
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Canvas Panels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Canvas Panels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 5inch x 5inch
9.6.2 5inch x 7inch
9.6.3 6inch x 6inch
9.6.4 8 Inch x 10 Inch
9.6.5 9 Inch x 12 Inch
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Art Galleries
9.10.2 Universities and Schools
9.10.3 Individual Artists
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 5inch x 5inch
10.6.2 5inch x 7inch
10.6.3 6inch x 6inch
10.6.4 8 Inch x 10 Inch
10.6.5 9 Inch x 12 Inch
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Art Galleries
10.10.2 Universities and Schools
10.10.3 Individual Artists
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 5inch x 5inch
11.6.2 5inch x 7inch
11.6.3 6inch x 6inch
11.6.4 8 Inch x 10 Inch
11.6.5 9 Inch x 12 Inch
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Art Galleries
11.10.2 Universities and Schools
11.10.3 Individual Artists
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 5inch x 5inch
12.6.2 5inch x 7inch
12.6.3 6inch x 6inch
12.6.4 8 Inch x 10 Inch
12.6.5 9 Inch x 12 Inch
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Art Galleries
12.10.2 Universities and Schools
12.10.3 Individual Artists
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 5inch x 5inch
13.6.2 5inch x 7inch
13.6.3 6inch x 6inch
13.6.4 8 Inch x 10 Inch
13.6.5 9 Inch x 12 Inch
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Art Galleries
13.10.2 Universities and Schools
13.10.3 Individual Artists
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Canvas Panels Market: Competitive Dashboard
14.2 Global Canvas Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arteza
14.3.2 MontMarte International
14.3.3 Fredrix Artist Canvas
14.3.4 Michaels
14.3.5 US Art Supply
14.3.6 Jerry's Artarama
14.3.7 Academy Art & Crafts
14.3.8 Artlicious
14.3.9 Arteza
