NEW YORK, April 19, 2021 /PRNewswire/ --
The wall décor market in the US is expected to grow by USD 10.78 billion during 2021-2025, according to the new report from Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic, in the first half of 2021. In addition, the report projects the market to accelerate at a CAGR of almost 10%.
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Read the 120-page report with TOC on "Wall Décor Market in US Analysis Report by Product (Wall art, Picture frames, Wall clock, and Other decorative accents) and Distribution Channel (Offline and Online), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales and supply functions.
More Details: https://www.technavio.com/report/report/wall-decor-market-in-us-industry-analysis
The wall décor market in the US is driven by the growing residential construction market. In addition, the growing culture of gifting is anticipated to boost the growth of the Wall Décor Market in the US.
Wall décor products have become popular with almost all newly built residential establishments to improve the interior aesthetics of the home. The growth in the construction market will also drive the demand for wall decor products in the US. The construction market in the US is expected to grow at an accelerating rate during the forecast period, mostly led by higher economic growth and increased construction activities. The growth of the residential construction industry and the increase in disposable income are expected to drive the demand for wall decor products in these establishments. These factors will drive the growth of the wall décor market in the US during the forecast period.
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Major Five Wall Décor in US Companies:
Amazon.com Inc. offers a wide range of wall decor such as wall art, picture frames, wall clocks, tapestry, posters, sculptures, decorative wall mirrors, and wall storage, shelves, hanging cabinets.
Bed Bath & Beyond Inc.
Bed Bath & Beyond Inc. offers a wide range of wall decors such as wall art, picture frames, wall clocks, decals and wallpaper, decorative shelving, functional wall décor, and typography and signs wall décor.
Ethan Allen Interiors Inc.
Ethan Allen Interiors Inc. offers wall decor products such as artwork, custom-framed artwork, and sculptures.
Franchise Concepts Inc.
Franchise Concepts Inc. offers wall decor products such as prints, posters, framed art, wall-hangings, and sculptural pieces.
Haverty Furniture Companies Inc.
Haverty Furniture Companies Inc. offers Bridled Canvas, The Thicket Canvas, Ocean Blue Canvas, and Marmaros Canvas.
Wall Décor Market in US Product Outlook (Revenue, USD billion, 2020-2025)
Wall art - size and forecast 2020-2025
Picture frames - size and forecast 2020-2025
Wall clock - size and forecast 2020-2025
Other decorative accents - size and forecast 2020-2025
Wall Décor Market in US Distribution Channel Outlook (Revenue, USD billion, 2020-2025)
Offline - size and forecast 2020-2025
Online - size and forecast 2020-2025
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Report Page: https://www.technavio.com/report/wall-decor-market-in-us-industry-analysis
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