Pune, India, February 15, 2022 (GLOBE NEWSWIRE) — The world wall art market The size is expected to gain momentum owing to the flourishing growth of museums in various countries over the forecast period. This information is published by Fortune Business Insight™ in an upcoming report, titled “Wall art market, 2022-2029.” Increased demand for personalized decoration, availability of high-end items, affordability of customers, newly built properties, have a direct impact on the growth of the wall art business. The walls are renovated with beautiful murals and frames to change the look of offices and homes. Growing demand for products from the commercial and residential sectors is expected to drive the market.
Impact of COVID-19-
Supply chain disruption hinders growth
Covid-19 has hampered the market due to government restrictions, and demand for consumer and retail goods has declined due to the pandemic. Movement of goods is reduced due to supply chain disruption. However, as people started to spend more time at home, the majority of them decided to renovate their homes, which led to an increase in market income.
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Based on the use of materials
Based on end use
- North America
- Asia Pacific
- South America
- Middle East and Africa
What does the report offer?
The Wall Art report gives insights into market players, drivers, restraints, restraints, applications, growth factors, marketing, strategic planning and new product development.
Drivers and Constraints-
Increase online retail presence to drive growth
The global wall art market is expected to grow owing to the increasing presence of social media over the projected period. The rapid expansion of the internet, technological improvements, availability of 4G and 5G internet connections have prompted manufacturers to sell their products online. This gives them access to a wider clientele. In addition, in the beginning of various e-commerce organizations in recent years, manufacturers have engaged in aggressive marketing and promotion activities, such as offering tempting discounts to attract customers.
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Assessment of key players in this research:
- The report offers a detailed analysis of the major companies in the market across the globe.
- It provides details of major vendors involved in this market
- A comprehensive overview of each company including company profile, revenue generated, commodity prices and products produced is incorporated into the report.
- Facts and figures about market competitors along with the viewpoints of major market players are presented in the report.
- Recent developments, mergers and acquisitions related to the major players mentioned are provided in the market report.
Increasing residential construction to foster growth in North America
North America is expected to hold the largest global wall art market share during the forecast period. Growing new home construction, art fairs in the region, and home decor consumption are the major factors driving the market.
Asia-Pacific is expected to occupy an important position in the market. This is due to the growing number of dual-income households, consumer spending, growing home decor market in various countries in the region, and the number of hotels which have boosted the demand in the market.
Manufacturers focus on R&D investment to deliver advanced products
Market players are forming strategic partnerships, introducing new products to meet changing customer expectations and increasing their market share. Companies in the market frequently collaborate with international designers to create aesthetic wallcoverings that incorporate the new designs and vibrant colors, and perfectly complement home interiors, shops, hotels, cafes and restaurants and booths. ‘exposure.
List of Key Players Featured in Global Wall Art Market:
- Christopher Guy
- fine arts
- Roof tiles
- art and form
Find out before you buy this research report:
- December 2020: Reemami has announced the launch of a wall decoration inspired by its original prints.
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