Wall Decor Market To Increase USD 10.78 Billion | Introduction of high-end products through the improvement of living standards to stimulate the market


The potential growth difference for the wall decoration market in us between 2020 and 2025 is $ 10.78 billion. To get the exact annual growth variance and YOY growth rate, talk to our analyst.

Key market dynamics:

  • Market pilot – the introduction of high-end products due to improved standard of living is one of the key factors expected to trigger the growth of the market in the coming years. Improved lifestyles and increased disposable income are driving home improvement activity in the United States. Various wall decor manufacturers are taking advantage of the internet and social media to market their services in personalized products. Many wall decor product retailers are expanding their portfolio by introducing specialty products to meet growing and diverse demand.
  • Market challenges – the increased competition increased price war and reduced profit margins is a major challenge for the growth of the wall decoration market in the United States. In the United States, wall decor manufacturers have both organized and unorganized formats. They compete on parameters such as product portfolio, premiumization, differentiation and pricing. The arrival of new players and private labels will further intensify competition. This will lead to price wars, further degrading the quality of the product, which will negatively affect the market. Market competition and price wars intensify the need for operational efficiency necessary for cost optimization and pricing strategy. This reduces the profit margins to be maintained in the market by offering products at lower prices. Some retailers are also closing stores due to their underperformance and inability to achieve operational efficiency.

Find out more about the main drivers, trends and additional challenges available with Technavio. Read our FREE sample report now!

The wall decoration market in the US report is segmented by product (wall art, photo frames, wall clock, and other decorative accents) and distribution channel (offline and online).

See our sample report for additional information on the contribution of all segments and regional opportunities in the report.

Some companies mentioned

    • Amazon.com Inc.
    • Bed Bath & Beyond Inc.
    • Ethan Allen Interiors Inc.
    • Franchise Concepts Inc.
    • Haverty Furniture Companies Inc.
    • Target Corp.
    • Home Depot Inc.
    • Walmart Inc.
    • Wayfair Inc.
  • To access more supplier profiles with their key offers available with Technavio, click here

Associated reports:
Interior decoration market –The interior decoration market share is expected to increase by USD 286.82 billion from 2021 to 2025 at a CAGR of 8.81%. Download a free sample now!

Home Furnishings Market –The home furnishings market has the potential to grow by USD 354.85 billion during the period 2021-2025, and the market growth momentum will accelerate at a CAGR of 6.17%. Download a free sample now!

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.

Main topics covered:

  • Summary
  • Market landscape
  • Market sizing
  • Five forces analysis
  • Market segmentation
  • Customer landscape
  • Geographic landscape
  • Supplier landscape
  • Supplier analysis
  • appendix

About Us
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