According to a new report, published by KBV research, The Global Wall Art Market size is expected to reach $78.1 billion by 2030, rising at a market growth of 5.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,794.3 million units, experiencing a growth of 6.3% (2019-2022).
The Wallpapers/Stickers/Wall Coverings segment would display a CAGR of 4.7% during the forecast period. Consumers are increasingly seeking ways to personalize their living spaces. Wallpapers, stickers, and wall coverings offer a wide range of designs, patterns, and customization options, allowing individuals to express their unique style and preferences. There is a vast variety of designs and styles available, catering to diverse tastes and interior design preferences. Whether it's traditional, modern, minimalist, or bold and colorful, there are options to suit every aesthetic. Wall coverings can be a cost-effective way to transform a room or space compared to more traditional interior design methods.
The Specialty Stores segment is leading the Global Wall Art Market, by Sales Channel in 2022 thereby, achieving a market value of $25.2 Billion by 2030. Specialty stores often have a dedicated focus on art and decor, and their staff is knowledgeable about different art forms, styles, and artists. They can provide expert guidance and advice to help buyers choose the right pieces for their specific needs and preferences. Many specialty stores carry original artwork or limited-edition prints, which can add an element of exclusivity to any collection. Specialty stores typically prioritize quality and may work directly with artists or reputable suppliers. This means buyers can have greater confidence in the materials, craftsmanship, and longevity of the artwork they purchase.
The Commercial segment is showcasing a CAGR of 6.2% during (2023 - 2030). Wall art can significantly improve the overall appearance of commercial spaces, including offices, hotels, restaurants, and retail stores. Well-chosen art pieces can create a more welcoming, engaging, and visually appealing environment that aligns with a company's brand image. Many businesses recognize that art can have a positive impact on employee well-being and productivity. Art in the workplace can reduce stress, stimulate creativity, and enhance overall work experience.
The North America region dominated the Global Wall Art Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $33 Billion by 2030. The Europe market is anticipated to grow at a CAGR of 5.2% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 5.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/wall-art-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography (Volume, Million Units, USD Million, 2019-2030)
Companies Profiled
Unique Offerings 
