Wall Art Market
๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
โ The global wall art market was valued at USD 56.76 billion in 2023.
โ The market is expected to expand at a CAGR of 5.10% from 2024 to 2032.
โ The industry is expected to grow to USD 88.66 billion by 2032.
๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/wall-art-market/request-for-sample
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Wall art is a type of decoration that can include canvases, framed prints, and other artistic embellishments. The wall art that best suits a home depends on the room’s theme, color scheme, and style. Wall art is commonly used as a decorative tool in households and museums. Drawings, paintings, sculptures, and other wall designs enhance a wall’s beauty. The capacity of paintings to transmit a passionate and instructive message especially encourages people to utilize such products.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
Consumers are increasingly seeking a diverse range of products that allow them to personalize their living spaces. The COVID-19 pandemic has even strengthened the focus on residence remodeling and rehabilitation, resulting in improved deals on wall art creations. The pandemic-caused lockdown control increased the Do-It-Yourself (DIY) movement in residence advancement tasks, contributing to an increased wall art market demand.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/2576/2
๐๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ:
Companies are focusing on supplying artworks in the international markets to expand their businesses. Some of the major players participating in the market are:
โข VGL Group
โข Art.com
โข Uprise Art
โข Saatchi Art
โข Society6
โข Minted
โข Artsy
โข 1stdibs.com
โข Artnet Worldwide
โข Artspace.
๐๐๐ฅ๐ฅ ๐๐ซ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข Hangings wall art segment accounted for largest market share in 2022, as they can be easily updated with the changing dรฉcor styles
โข Online channels segment is projected to grow at a significant CAGR, as younger population is more engaged in the smart-phones
โข North America region dominated the global market with largest share in 2022, owing to presence of world class artists, interior designers, and home dรฉcor specialists
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
โข Residential: Wall art is a critical component of home decor, used to enhance living rooms, bedrooms, kitchens, and other spaces. It adds character and personal touch to homes.
โข Commercial: Offices, hotels, restaurants, and retail spaces use wall art to create inviting and aesthetically pleasing environments. It helps in brand building and creating a specific ambiance.
โข Public Spaces: Government buildings, hospitals, schools, and other public places often feature wall art to make these environments more engaging and pleasant for visitors and employees.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/wall-art-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The wall art market is mainly segmented based on type, sales channel, application, and region. According to type research in 2022, the largest market share is held by the wallpaper segment due to higher demand for wall coverings in Europe and Asia compared to America. Also, the wall hangings segment is expected to be the quickest developing segment. They have gained considerable popularity as a versatile form of wall art, combining traditional weaving techniques with modern elements.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
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This release was published on openPR.
