The global wall décor market is estimated at US$ 58.2 Bn in 2022 and is projected to reach US$ 70.9 Billion by 2027. The market grew at a CAGR of 3.5% from 2013 to 2021. The wall décor market holds a share of nearly 1% in the overall home decor market.
According to Future Market Insights’ historical estimations, the global wall décor market registered a CAGR of 3.5% from 2013 to 2021. The wall décor market holds a share of nearly 1% in the overall home decor market.
As per the analysis done by FMI, the variation between the BPS values observed in the wall decor market in H1, 2022 – Outlook over H1, 2022 Projected reflects a growth of 60 units. However, compared to H1, 2021, the market is expected to spike by 66 bps in H1 -2022. The growth in the global wall decor market is attributed to transitioning lifestyle preferences of consumers along with the rise in influence across developing countries.
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Future Market Insights showcase a comparison and review analysis of the dynamics of the wall décor market which is expected to principally be subjected to an array of industry factors combined with certain definite influences regarding viewpoints that support industry innovation. Some new advances that have taken place in the market include innovation by coming up with several new products in the market. The prominent companies operating within the market offer several premium-class wall décor products with a combination of unique designs that is predicted to attract a higher number of consumers towards the products.
The wall décor market is expected to witness an upsurge as it is attributed as a possible pocket-accommodating method for restoring the insides of a structure.