Wall Decor Market in the US 2017-2021

  • ID: 4417867
  • Report
  • Region: United States
  • 80 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Art
  • Franchise Concepts
  • Jcp Media
  • Macy's
  • Sears
  • Wayfair
  • MORE
About Wall Decor

The decoration of walls with the help of wall art, picture frames, wall clocks, tapestries, posters, sculptures, or decorative wall mirrors is wall décor. The wall decor market in the US is at its growth stage owing to the high demand that prevails in the market. The increase in construction activities and the growth in real estate are factors influencing the growth of the market. Due to such factors, several vendors are launching distinctive styles of décor in different colors, patterns, textures, designs, and shapes (traditional or classic, modern, and contemporary). Home décor products that suit different consumer segments (mass, masstige, premium, up-market) and age groups have also been launched in the market.

The analysts forecast the wall decor market in the US to grow at a CAGR of 8.75% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the wall decor market in the US for 2017-2021. To calculate the market size, the report considers the sales.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Wall Decor Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bed Bath & Beyond
  • Home Depot
  • IKEA
  • Lowe's
  • Walmart
  • Target
Other prominent vendors
  • Art
  • Ethan Allen Global
  • Franchise Concepts
  • Jcp Media
  • Kohl’s Illinois
  • Macy's
  • Pier 1 Imports
  • RH
  • Sears
  • west elm
  • Willams-Sonoma
  • Wayfair
Market drivers
  • Transition in customer lifestyles, preferences, and tastes
  • For a full, detailed list, view the full report
Market challenges
  • Long product replacement cycle
  • For a full, detailed list, view the full report
Market trends
  • Collaboration with artists and advent of printing techniques
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Art
  • Franchise Concepts
  • Jcp Media
  • Macy's
  • Sears
  • Wayfair
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Related market: Global home furnishings market
PART 05: MARKET LANDSCAPE
  • Wall décor market in the US
  • Market size and forecast
  • Five forces analysis
PART 06: MARKET SEGMENTATION BY PRODUCT
  • Wall décor market in the US: Segmentation by product
  • Wall art market in the US
  • Picture frame market in the US
  • Wall clock market in the US
  • Tapestry/poster/sculpture market in the US
  • Wall storage/shelves/hanging cabinet market in the US
  • Decorative wall mirror market in the US
  • Other decorative wall accents market in the US
PART 07: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
  • Market overview
  • Price segments
PART 08: DECISION FRAMEWORK

PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Collaboration with artists and advent of printing techniques
  • Usage of eco-friendly material
  • Convenient product purchases and increased social media penetration
  • VENDOR LANDSCAPE
  • Competitive scenario
PART 11: KEY VENDOR ANALYSIS
  • Bed Bath & Beyond
  • Home Depot
  • IKEA
  • Lowe's
  • Target
  • Walmart
  • Other prominent vendors
PART 12: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Global home furnishings market 2016-2021 ($ billions)
Exhibit 02: Wall décor market in the US
Exhibit 03: Applications of wall décor
Exhibit 04: Wall décor market in the US 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Product segments and their revenue shares 2016 and 2021
Exhibit 07: Wall décor market in the US: Segmentation by product 2016 and 2021 (% share of revenue)
Exhibit 08: Wall art market in the US 2016-2021 ($ billions)
Exhibit 09: Picture frame market in the US 2016-2021 ($ billions)
Exhibit 10: Wall clock market in the US 2016-2021 ($ billions)
Exhibit 11: Tapestry, poster, or sculpture market in the US 2016-2021 ($ billions)
Exhibit 12: Wall storage/shelves/hanging cabinet market in the US 2016-2021 ($ billions)
Exhibit 13: Decorative wall mirror market in the US 2016-2021 ($ billions)
Exhibit 14: Other decorative wall accents market in the US 2016-2021 ($ billions)
Exhibit 15: Market channels for wall décor
Exhibit 16: Wall décor market in the US: Retail distribution channel 2016 (% share of revenue)
Exhibit 17: Wall décor market in the US: Price segments
Exhibit 18: Wall décor market in the US: Key competitors
Exhibit 19: Wall décor market in the US: Key competitor analysis based on important parameters
Exhibit 20: Home Depot: Business segmentation by revenue 2016 (% share)
Exhibit 21: Home Depot: Geographical segmentation by revenue 2016 (% share)
Exhibit 22: Lowe's: Business Segmentation by revenue 2016 (% share)
Exhibit 23: Target: Business segmentation by revenue 2016 (% share)
Exhibit 24: Walmart: Business segmentation by revenue 2016 (% share)
Exhibit 25: Walmart: Business segmentation by revenue 2015 and 2016 ($ billions)
Exhibit 26: Walmart: Geographical segmentation by revenue 2016 (% share)
Exhibit 27: Wall décor market in the US: Other prominent vendors
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Art
  • Franchise Concepts
  • Jcp Media
  • Macy's
  • Sears
  • Wayfair
  • MORE
New Report Released: - Wall Decor Market in the US 2017-2021

The author of the report recognizes the following companies as the key players in the wall decor market in the US: Bed Bath & Beyond, Home Depot, IKEA, Lowe's, Walmart, and Target.

Other Prominent Vendors in the market are: Art, Ethan Allen Global, Franchise Concepts, Jcp Media, Kohl’s Illinois, Macy's, Pier 1 Imports, RH, Sears, west elm, Willams-Sonoma, and Wayfair

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Collaboration with artists and advent of printing techniques. Several vendors in the market are collaborating with talented artists in order to expand their product portfolios. Vendors are in the process of procuring one-of-a-kind, original works of art directly from the artists. Paintings and sculptures are increasingly acquired by vendors in the market.”

According to the report, one of the major drivers for this market is Transition in customer lifestyles, preferences, and tastes . An increased number of consumers in the US have begun investing in designer wall décors such as wall art, picture frames, and wall clocks. An increase in the average income levels, too, adds to the growth of the wall décor market in the US. Unique, designer wall décor products and customized interior designs are in high demand in the US market. The massive advent of the tube and an increased awareness of global home décor trends have further driven the market. Another major factor boosting the growth of the wall décor market in the US is that, currently, the market is comprised of contemporary styles and designs that are more appealing than the traditional ones.

Further, the report states that one of the major factors hindering the growth of this market is Long product replacement cycle. The replacement period for wall decor is long. The average lifespan of wall décor products ranges between five and eight years. The purchase of wall décor is generally limited to home-renovations or remodeling due to the high average lifespan of wall décor products. Consumers tend to purchase wall décor while setting up new homes. Wall decor is designed to suit long-term use; the products do not require frequent replacements.

Branded wall décor products have a longer lifecycle than the unbranded versions. A number of wall décor brands offer product guarantees and warranties. The long replacement periods ensure that consumers need to endure solely the maintenance costs for a number of years. This reduces the frequency of purchase of home decor, which acts as a major growth barrier in the market. However, the resale value of home décor, like original art pieces, is high.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • Bed Bath & Beyond
  • Home Depot
  • IKEA
  • Lowe's
  • Walmart
  • Target
  • Art
  • Ethan Allen Global
  • Franchise Concepts
  • Jcp Media
  • Kohl’s Illinois
  • Macy's
  • Pier 1 Imports
  • RH
  • Sears
  • west elm
  • Willams-Sonoma
  • Wayfair
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll