US Wall Decor Market Size To Increase By USD 10.78 Billion | Research analyzes highlight increased demand for personalized and personalized wall decorations as key trend

Supplier Information

The United States wall decorations market is fragmented with the presence of several global and regional players. 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. and Wayfair Inc. from dominant suppliers presented in the report.

Some of the major players in the market are deploying growth strategies such as differentiating themselves on innovative products to compete in the market.

In december 2020, Franchise Concepts Inc has entered into a deal to acquire Kitchen Tune-Up, a growing and impressive franchise business specializing in affordable kitchen updates.

Learn more about the growth strategies adopted by vendors and their product offerings. Read a sample market research report.

Analysis of product segments

The sellers of the wall decoration market are expected to focus on capturing the business opportunities of the wall art segment, as it accounted for the largest market share in the base year. The strong demand and the fastest growing rate of the segment come from the high price of the products due to the creativity involved in manufacturing. Various world famous artists sell their wall art products at premium prices. Moreover, with the growth of the US economy and the popularity of wall art gifts, the wall art products segment is expected to gain in value during the forecast period.

Learn more about the geographic spread of this market as well as the detailed analysis of major regions. https://www.technavio.com/report/wall-decor-market-in-us-industry-analysis

Key market trends and challenges:

The growing demand for personalized and personalized wall decorations is one of the major trends in the wall decoration market in the United States. Sellers and retailers offering custom wall decor items at both macro and micro level are expected to drive market growth in the United States during the forecast period. Additionally, the growing trend towards personalization has prompted retailers to focus on outfitting their product assortment with several personalized wall decor products. These factors will have a positive impact on the growth of the market.

Growing competition, increasing price war and shrinking profit margins could inhibit market growth. In the United States, wall decor manufacturers have both organized and unorganized formats. To fight against competition from new players and private labels, the prices of wall decorations are considerably reduced. This degrades the quality of the product, which negatively affects the market.

See a free sample for highlights on market trends and challenges affecting the United States wall decoration market.

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Associated reports:

Digitally Printed Wallpaper Market by Technology, Substrate, and Geography – Forecast and Analysis 2021-2025 – The digitally printed wallpaper market has the potential to grow by $ 4.81 billion over the period 2021-2025, and the market growth dynamics will accelerate at a CAGR of 20.45%.
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United States Decorative Laminates Market by Application and Product – Forecast and Analysis 2021-2025 – The size of the decorative laminate market in the United States is expected to grow by $ 1.18 billion and registers a CAGR of 3.48% in 2021-2025.
Download a free sample exclusive report

United States Wall Decor Market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a 10% CAGR

Market growth 2021-2025

$ 10.78 billion

Market structure

Fragmented

Annual growth (%)

7.20

Regional analysis

we

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

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. and Wayfair Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us:

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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