The North America Wall Art Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 948.0 million units, showcasing a growth of 5.9% (2019-2022).
Wall art encompasses an array of visual expressions, from paintings and prints to sculptures, photographs, and mixed-media installations. It is a genre that caters to a broad spectrum of artistic tastes and preferences, offering something for everyone. Paintings, the timeless cornerstone of wall art, capture the imagination through color, texture, and narrative. The range of subjects is endless, from classic landscapes to abstract wonders, portraiture, and everything. Printmaking, too, offers its unique charm. Limited edition prints and posters have made famous artworks accessible to a wider audience, allowing art lovers to adorn their walls with their favorite pieces. Sculptures and installations break the two-dimensional boundaries, bringing depth and dimension to any space. These pieces can be delicate and minimalist or grand and thought-provoking.
Photography has carved a significant niche in the market, capturing beauty in frozen moments. From breathtaking landscapes to intimate portraits, photography offers a window into the photographer's perspective, sometimes evoking nostalgia, or a sense of wanderlust in the viewer. Mixed media installations bring the elements of surprise and interaction to wall art. Assemblages of various materials, such as textiles, metals, and found objects, provide an immersive visual experience that engages the senses and sparks curiosity. The diversity of wall art forms underscores the market's capacity to cater to different tastes and interior design styles, ensuring a piece of art for every home, office, or public space.
Canada's urban centers have been growing due to population influx and migration. This growth has increased demand for residential, commercial, and infrastructure construction to accommodate the expanding urban populations. Both federal and provincial governments in Canada have been investing in large-scale infrastructure projects, including highways, bridges, public transit systems, airports, and municipal utilities. These investments aim to improve transportation, connectivity, and public services. According to Statistics Canada, in July 2023, investment in the industrial component increased 0.6% to $1.2 billion, while commercial investment edged up 0.3% to $3.3 billion. Institutional construction investment rose by 1.2% to $1.5 billion. Therefore, the rising demand for interior design and an increasing number of commercial buildings will drive the growth of the regional market in the coming years.
The US market dominated the North America Wall Art Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $23,662.6 Million by 2030. The Canada market is exhibiting a CAGR of 7.3% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 6.4% during (2023 - 2030).
Based on Type, the market is segmented into Wallpapers/Stickers/Wall Coverings, Hangings, Frameworks (Clock, Wood, Metal, Cotton Framework, Etc.), Décor Shelves, and Others. Based on Sales Channel, the market is segmented into Specialty Stores, Hypermarkets and Supermarkets, Online, and Others. Based on Application, the market is segmented into Residential, and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Wall Art Market is Predict to reach $78.1 Billion by 2030, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Saatchi Art, Artfinder (Art Discovery Ltd), Minted LLC, Artspace LLC, Art.sy, Inc., Art.com (Trends International LLC), Zatista LLC, The Tallenge Store, Artisera, and Seven wall Arts Inc.
By Type (Volume, Million Units, USD Million, 2019-2030)
By Sales Channel (Volume, Million Units, USD Million, 2019-2030)
By Application (Volume, Million Units, USD Million, 2019-2030)
By Country (Volume, Million Units, USD Million, 2019-2030)
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