Wall Decor Market in US by Product and Distribution Channel - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR41554

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The wall décor market in the US has the potential to grow by USD 10.78 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 9.94%.

This wall décor market research report of US provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (wall art, picture frames, wall clock, and other decorative accents) and distribution channel (offline and online). 

What will the Wall Décor Market Size in US be in 2021?

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Wall Décor Market in the US: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The introduction of premium products owing to the improved standard of living is notably driving the wall décor market growth in the US, although factors such as rising competition, increasing price war, and reducing profit margins may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the wall décor industry in the US get your FREE report sample now.

  • The introduction of premium products owing to the improved standard of living is one of the key factors expected to trigger the market’s growth in the forthcoming years.
  • Enhanced lifestyles and rising disposable income are driving home renovation activities in the US.
  • Various wall décor manufacturers are leveraging the Internet and social media to market their services in personalized products.
  • Many retailers of wall décor products are expanding their portfolio by introducing specialized products for meeting the growing and diverse demand.
  • The increased demand for personalized and customized wall décor is one of the key wall decor market trends in the US.
  • The growing trend of personalization has motivated retailers to focus on equipping their product assortment with several personalized wall décor products.
  • Retailers are often able to gain margin on their offerings, as many customers are willing to pay extra for product personalization.
  • Vendors and retailers offering customized and personalized wall décor items at both macro and micro levels is expected to drive the market growth in the US.

This wall décor market analysis report of US also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Wall Décor Market Vendors in the US?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Amazon.com Inc.
  • Bed Bath & Beyond Inc.
  • Ethan Allen Interiors Inc.
  • Franchise Concepts Inc.
  • Haverty Furniture Companies Inc.
  • Target Corp.
  • The Home Depot Inc.
  • Walmart Inc.
  • Wayfair Inc.

For more information on business segments, key offerings, and segment focus of each vendor, request a free sample now.

The wall décor market in the US is fragmented and the vendors are deploying growth strategies such as differentiating themselves on innovative products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Buy our discounted report for exclusive insights into criticality of inputs governing the vendor landscape.

What are the Revenue-generating Product Segments in the Wall Décor Market in the US?

Wall-Décor-Market-In-US-Market-Share-by-Product-2020-2025

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The wall décor market share growth in the US by the wall art segment will be significant during the forecast period. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the wall décor market size in US.

Get the full market research report for in-depth analysis of customer behavior, price sensitivity, key purchase criteria, and other crucial data.

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What are the Key Factors Covered in this Wall Décor Market Report of US?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive wall décor market growth in US  during the next five years
  • Precise estimation of the wall décor market size in the US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of wall décor market vendors in US

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The wall décor market market growth will increase by $8.19 billion during 2019-2024.
The wall décor market market is expected to grow at a CAGR of 9.03% during 2019-2024.
Technavio has segmented the wall décor market market by product (Wall art, Picture frames, Wall clock, and Other decorative accents) ,end user (Hospitals, Clinical diagnostic laboratories, and Others) , and geographic (US).
Amazon.com Inc., Art.com Inc., Bed Bath & Beyond Inc., Ethan Allen Interiors Inc., Franchise Concepts Inc., Haverty Furniture Companies Inc., Target Corp., The Home Depot Inc., Walmart Inc. are a few of the key vendors in the wall décor market market.
US will register the highest growth rate of 100.00% among the other regions. Therefore, the wall décor market market in US is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the wall décor market market growth are:
  • Improved standard of living increasing introduction of premium products
  • Inorganic growth strategies
The wall décor market market vendors should focus on grabbing business opportunities from the wall art segment as it accounted for the largest market share in the base year.

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