Product Code: PM3610
The global wall art market size is expected to reach USD 88.66 billion by 2032, according to a new study by Polaris Market Research. The report "Wall Art Market Share, Size, Trends, Industry Analysis Report, By Type (Wallpapers/Stickers/Wall Coverings, Hangings, Frameworks, Decor Shelves), By Sales Channel, By Application, By Region, And Segment Forecasts, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing demand for contemporary & natural interior aesthetics, many hospitality establishments are incorporating wicker & straw designs within their art. These materials add a touch of warmth and organic charm to the overall ambiance. Moreover, the interior design industry is actively working to enhance the consumer experience by streamlining the process of purchasing wallpaper and other decor items, making it quicker and more convenient. This customer-centric approach is anticipated to drive market growth throughout the forecast period.
The COVID-19 pandemic significantly impacted the home improvement market, leading to notable changes in consumer behavior. Consumer Specialists observed a shift in attitudes among consumers. With lockdowns and remote work becoming the norm, individuals spent more time at home, which motivated them to enhance their living spaces. Travel restrictions and limited options for entertainment prompted homeowners to invest heavily in households, focusing on creating more enjoyable environments. Additionally, the rise of remote work improved work-from-home set-ups, leading to renovations & remodeling projects aimed at workspaces.
The demand for window coverings is on the rise, fueled by the rapid growth of the commercial sector, especially in the hospitality industry. TOPHOTELPROJECTS data reveals that the United Kingdom is poised to witness the opening of 431 hotels, offering a total of 61,232 rooms, in the coming years. Notably, 112 hotels with 14,872 rooms are set to launch in 2022. The trend continues with 68 new hotels (10,531 rooms) opening in 2023, followed by 39 properties (6,806 rooms) in 2024. This growth trajectory is projected to persist, with 212 hotels providing 29,023 rooms scheduled to open in 2025 and beyond.
The rise of online stores has gained significant popularity, offering consumers a convenient avenue to shop for wall art from the comfort of their own homes. These online platforms not only provide ease and accessibility but also offer an extensive range of products. The advantage of online stores lies in their ability to provide consumers with a more personalized shopping experience through tailored recommendations and customization options, enhancing overall customer satisfaction.
Wall Art Market Report Highlights
Hangings wall art segment accounted for largest market share in 2022, as they can be easily updated with the changing decor styles
Online channels segment is projected to grow at a significant CAGR, as younger population is more engaged in the smart-phones
North America region dominated the global market with largest share in 2022, owing to presence of world class artists, interior designers, and home decor specialists
The global key market players include: VGL Group, Art.com, Uprise Art, Saatchi Art, Society6, Minted, Artsy, 1stdibs.com, Artnet Worldwide, and Artspace.
Polaris Market Research has segmented the wall art market report based on type, sales channel, application, and region:
Wall Art, Type Outlook (Revenue - USD Billion, 2023 - 2032)
- Wallpapers/Stickers/Wall Coverings
- Hangings
- Frameworks
- Decor Shelves
- Others
Wall Art, Sales Channel Outlook (Revenue - USD Billion, 2023 - 2032)
- Offline
- Hypermarkets and Supermarkets
- Specialty Stores
- Others
- Online
Wall Art, Application Outlook (Revenue - USD Billion, 2023 - 2032)
Wall Art, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Wall Art Market Insights
- 4.1. Wall Art Market - Sales Channel Snapshot
- 4.2. Wall Art Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing desire for a diverse range of products
- 4.2.1.2. Increasing prevalence of homeownership
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Competition from low-cost alternatives
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Wall Art Market Sales Channel Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Wall Art Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Wall Art Market, by Type, 2019-2032 (USD Billion)
- 5.3. Wallpapers/Stickers/Wall Coverings
- 5.3.1. Global Wall Art Market, by Wallpapers/Stickers/Wall Coverings, by Region, 2019-2032 (USD Billion)
- 5.4. Hangings
- 5.4.1. Global Wall Art Market, by Hangings, by Region, 2019-2032 (USD Billion)
- 5.5. Frameworks
- 5.5.1. Global Wall Art Market, by Frameworks, by Region, 2019-2032 (USD Billion)
- 5.6. Decor Shelves
- 5.6.1. Global Wall Art Market, by Decor Shelves, by Region, 2019-2032 (USD Billion)
- 5.7. Others
- 5.7.1. Global Wall Art Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Wall Art Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Wall Art Market, by Application, 2019-2032 (USD Billion)
- 6.3. Residential
- 6.3.1. Global Wall Art Market, by Residential, by Region, 2019-2032 (USD Billion)
- 6.4. Commercial
- 6.4.1. Global Wall Art Market, by Commercial, by Region, 2019-2032 (USD Billion)
7. Global Wall Art Market, by Sales Channel
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 7.3. Offline
- 7.3.1. Global Wall Art Market, by Offline, By Region, 2019-2032 (USD Billion)
- 7.3.2. Hypermarkets and Supermarkets
- 7.3.2.1. Global Wall Art Market, by Hypermarkets and Supermarkets, By Region, 2019-2032 (USD Billion)
- 7.3.3. Specialty Stores
- 7.3.3.1. Global Wall Art Market, by Specialty Stores, By Region, 2019-2032 (USD Billion)
- 7.3.4. Others
- 7.3.4.1. Global Wall Art Market, by Others, By Region, 2019-2032 (USD Billion)
- 7.4. Online
- 7.4.1. Global Wall Art Market, by Online, By Region, 2019-2032 (USD Billion)
8. Global Wall Art Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Wall Art Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Wall Art Market - North America
- 8.3.1. North America: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.3.3. North America: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Wall Art Market - U.S.
- 8.3.4.1. U.S.: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Wall Art Market - Canada
- 8.3.5.1. Canada: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.4. Wall Art Market - Europe
- 8.4.1. Europe: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.4.3. Europe: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Wall Art Market - UK
- 8.4.4.1. UK: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Wall Art Market - France
- 8.4.5.1. France: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.4.5.3. France: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Wall Art Market - Germany
- 8.4.6.1. Germany: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Wall Art Market - Italy
- 8.4.7.1. Italy: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Wall Art Market - Spain
- 8.4.8.1. Spain: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Wall Art Market - Netherlands
- 8.4.9.1. Netherlands: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Wall Art Market - Russia
- 8.4.10.1. Russia: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.5. Wall Art Market - Asia Pacific
- 8.5.1. Asia Pacific: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Wall Art Market - China
- 8.5.4.1. China: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.5.4.3. China: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Wall Art Market - India
- 8.5.5.1. India: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.5.5.3. India: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Wall Art Market - Malaysia
- 8.5.6.1. Malaysia: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Wall Art Market - Japan
- 8.5.7.1. Japan: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Wall Art Market - Indonesia
- 8.5.8.1. Indonesia: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Wall Art Market - South Korea
- 8.5.9.1. South Korea: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.6. Wall Art Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Wall Art Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Wall Art Market - UAE
- 8.6.5.1. UAE: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Wall Art Market - Israel
- 8.6.6.1. Israel: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Wall Art Market - South Africa
- 8.6.7.1. South Africa: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.7. Wall Art Market - Latin America
- 8.7.1. Latin America: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Wall Art Market - Mexico
- 8.7.4.1. Mexico: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Wall Art Market - Brazil
- 8.7.5.1. Brazil: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Wall Art Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Wall Art Market - Argentina
- 8.7.6.1. Argentina: Wall Art Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Wall Art Market, by Sales Channel, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Wall Art Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. VGL Group
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Art.com
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Uprise Art
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Saatchi Art
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Society6
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Minted
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Artsy
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. 1stdibs.com
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Artnet Worldwide
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Artspace
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development