Market Overview:
The global wall art 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 various factors such as rising disposable income, increasing demand for decorative items, and growing trend of DIY (Do It Yourself) projects. In terms of type, the canvas material segment is expected to lead the global wall art market during the forecast period. This can be attributed to its properties such as durability and resistance against fading which make it a preferred choice for wall art among consumers. In terms of application, the framed art segment is expected to lead the global wall art market during the forecast period.
Product Definition:
Wall art is any type of artwork that is hung on a wall. It can be a painting, a photograph, or a piece of sculpture. Wall art can be used to add color and interest to an otherwise plain room, or to create focal points in the space.
Canvas Material:
Canvas Material is a new emerging material that has gained popularity in the wall art market. It is a fabric like substance that can be painted on and used as an alternative to traditional painting materials such as canvas. The growth factor for this market is its low cost and easy availability of raw materials such as cotton, polyester, acrylics & oils which are easily available in abundance due to their widespread usage in clothing industry.
Wood Material:
Wood material is the raw material used to make art work. It can be natural or artificial. The most common types of wood used are oak, maple, pine and cedar. Other types of wood that are sometimes used include teakwood, rosewood and walnut among others. Oak wood is one of the most commonly available variety in nature as it has a distinct look with rich texture and color variations due to grain patterning.
Application Insights:
The market is segmented by application into wall art, framed art, tabletop frames and wall d©cor. The wall art segment dominated the global market in 2017 and this trend is expected to continue over the forecast period. This can be attributed to rising demand for modern works of art that complement any space without taking up too much space. Moreover, increasing number of galleries displaying work by local artists has also fueled demand for these pieces as a gift or an investment opportunity for collectors across the world.
Tabletop frames are another popular application of this product category as they offer a cost-effective way to display artwork while maintaining its original condition.
Regional Analysis:
North America dominated the global market in 2017. The U.S., as well as Canada, are among the largest consumers of framed artworks globally owing to a high disposable income and preference for luxury home d©cor products. Moreover, increasing number of retail outlets specialized in selling customized wall hangings is expected to fuel regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income and growing population especially in China and India who account for a major part of global framed artwork demand.
Growth Factors:
- Increasing disposable income of the population: The growth in the disposable income of the population is one of the key drivers for wall art market. This is because with increase in disposable income, people are able to spend more on luxury items such as wall art.
- Rising trend of home décor: Home décor has been rising in popularity over the past few years and is expected to grow further in future. This will lead to increased demand for wall art, as it is a key part of home décor.
- Growing number of online platforms selling wall art: There has been a significant growth in online platforms selling wall art over the past few years. This has led to increased accessibility and affordability of wall art for consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wall Art Market Research Report
By Type
Canvas Material, Wood Material, Metal Material
By Application
Wall Art, Framed Art, Wall Décor, Tabletop Frames, Wall Décor
By Companies
Arezia, Cerabati, Art & Form, Bongio, Christopher Guy, Brillux, Dupenny, Fine Art Tileworks, HACEKA B.V., Hisbalit, Arezia, Mercury Mosaics, Paristic, Studio Art
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Wall Art Market Report Segments:
The global Wall Art market is segmented on the basis of:
Types
Canvas Material, Wood Material, Metal Material
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
Wall Art, Framed Art, Wall Décor, Tabletop Frames, Wall Décor
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:
- Arezia
- Cerabati
- Art & Form
- Bongio
- Christopher Guy
- Brillux
- Dupenny
- Fine Art Tileworks
- HACEKA B.V.
- Hisbalit
- Arezia
- Mercury Mosaics
- Paristic
- Studio Art
Highlights of The Wall Art 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:
- Canvas Material
- Wood Material
- Metal Material
- By Application:
- Wall Art
- Framed Art
- Wall Décor
- Tabletop Frames
- Wall Décor
- 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 Wall Art 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?
Wall art is a type of artwork that is typically found on the walls of public or private buildings. It can be created in a variety of different styles, and can include paintings, sculptures, prints, and photographs.
Some of the major players in the wall art market are Arezia, Cerabati, Art & Form, Bongio, Christopher Guy, Brillux, Dupenny, Fine Art Tileworks, HACEKA B.V., Hisbalit, Arezia, Mercury Mosaics, Paristic, Studio Art.
The wall art 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 Wall Art 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 Wall Art Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wall Art 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 Wall Art 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 Wall Art Market Size & Forecast, 2020-2028
4.5.1 Wall Art Market Size and Y-o-Y Growth
4.5.2 Wall Art 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 Canvas Material
5.2.2 Wood Material
5.2.3 Metal Material
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 Wall Art
6.2.2 Framed Art
6.2.3 Wall Décor
6.2.4 Tabletop Frames
6.2.5 Wall Décor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wall Art 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 Wall Art 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 Canvas Material
9.6.2 Wood Material
9.6.3 Metal Material
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 Wall Art
9.10.2 Framed Art
9.10.3 Wall Décor
9.10.4 Tabletop Frames
9.10.5 Wall Décor
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 Canvas Material
10.6.2 Wood Material
10.6.3 Metal Material
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 Wall Art
10.10.2 Framed Art
10.10.3 Wall Décor
10.10.4 Tabletop Frames
10.10.5 Wall Décor
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 Canvas Material
11.6.2 Wood Material
11.6.3 Metal Material
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 Wall Art
11.10.2 Framed Art
11.10.3 Wall Décor
11.10.4 Tabletop Frames
11.10.5 Wall Décor
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 Canvas Material
12.6.2 Wood Material
12.6.3 Metal Material
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 Wall Art
12.10.2 Framed Art
12.10.3 Wall Décor
12.10.4 Tabletop Frames
12.10.5 Wall Décor
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 Canvas Material
13.6.2 Wood Material
13.6.3 Metal Material
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 Wall Art
13.10.2 Framed Art
13.10.3 Wall Décor
13.10.4 Tabletop Frames
13.10.5 Wall Décor
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 Wall Art Market: Competitive Dashboard
14.2 Global Wall Art Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arezia
14.3.2 Cerabati
14.3.3 Art & Form
14.3.4 Bongio
14.3.5 Christopher Guy
14.3.6 Brillux
14.3.7 Dupenny
14.3.8 Fine Art Tileworks
14.3.9 HACEKA B.V.
14.3.10 Hisbalit
14.3.11 Arezia
14.3.12 Mercury Mosaics
14.3.13 Paristic
14.3.14 Studio Art
