Latest News- Wall Decor Market in US: Wall art is expected to lead the Product segment during 2025-2029

The Wall Decor Market in US is being driven by Improved standard of living increasing introduction of premium products

The Wall Decor Market in US is expected to grow at a CAGR of 8.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 12.62 billion. The US economy's robust growth over the past five years, as evidenced by an increasing GDP, has led to a surge in consumer spending on home improvement and decor products. This trend has been particularly noticeable in the area of designer wall decor, including wall art, clocks, and picture frames. In response, interior designers and decor companies have identified this opportunity and are introducing innovative trends to entice homeowners to invest in interior design. Furthermore, heightened media penetration and awareness of regional artistry have fueled a growing interest in interior design and designer wall decor. This sector is characterized by contemporary styles and designs, with modern aesthetics exhibiting significant growth potential. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Wall art
  • Picture frames
  • Wall clock
  • Others
• Application
  • Residential
  • Commercial
• Distribution Channel
  • Offline
  • Online
• Category
  • Luxury Sofas
  • Vintage Furniture
  • Multi-functional Furniture
• Art Type
  • Artistic Paintings
  • Wall Sculptures
  • Decorative Mirrors
• Material Type
  • Wood
  • Metal
  • Glass
  • Fabric
  • Paper
• Geography
  • US

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Improved standard of living increasing introduction of premium products
• Rising popularity of blogs related to interior designing
• Growing culture of gifting

However, the market also witnesses some limitations, which are as follows:

• Rising competition increases price wars and reduces profit margins
• Highly complex inventory, supply chain, and merchandizing management
• Long product replacement cycle

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Market Scope in Wall Decor Market in US Research Report

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Research Analysis Overview

The Wall Decor Market in the US encompasses various elements of art installation, interior design, and home decor. This includes artwork display through picture framing, art curation, and gallery walls. Decorative accents, themed decor, and color palettes contribute to room aesthetics, while space planning considers visual appeal and design elements. Size, scale, and material selection influence spatial dynamics and aesthetic balance. Framing techniques, art arrangement, and compositional elements contribute to the artistic expression and visual hierarchy of wall decor. Decor trends incorporate decorative lighting, textured surfaces, and color theory for enhanced spatial and visual impact.

Market Research Overview

The US wall decor market encompasses a range of products, including canvas prints, framed art, wall murals, metal wall art, and wood wall art. This sector falls under the broader home furnishings market, which includes manufacturers and marketers of furniture, home furnishings, floor coverings, and decorative products. According to Technavio, the home furnishings market size is determined by the collective revenue generated by these industries. Key growth drivers for the global home furnishings market include the surge in residential and commercial construction projects and the increasing number of renovation initiatives in major economies such as the US, China, and India. These factors are expected to fuel demand for new furniture and decorative products.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/