Wall Decor Market to Grow at CAGR of 3.27% through 2023 by Planet Market Reports

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Planet Market Reports has added a report, titled, “Global Wall Decor Market 2017 Forecast to 2025.” Global Wall Decor Market valued approximately USD 60.7 billion in 2016 is anticipated to grow with a healthy growth rate of more than 3.27% over the forecast period 2018-2025.

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Global Wall Decor Market to reach USD 78.5 billion by 2025.

Rapid increasing popularity of creative interior designing is the key factor driving the growth of the Global Wall Decor Market. Furthermore, the offices, homes, clubs have been inclined towards creative interior designing, the trend of giving the Wall decor products as a gift in festival seasons and special occasions, change in the lifestyle and preferences of the consumers, changing taste are aiding to the growth of the market.

Wall Decor refers to the enhancement of the interior of a building to provide a pleasing environment inside it. Wall Decor involves an imperious part of the outlook of the interior of a house. Wall Decor is mostly used by people who love art, to give a pleasant look to the office buildings, home decoration etc.

Redecorating a leeway with wall Decor is one of the means for consumers to change the look of their interiors with minimum impact on the bank accounts.
The regional analysis of Global Wall Decor Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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The detailed segments and sub-segment of the market are explained below:

By Product Type:

Wallpaper
Wall Mirror
Wall Art
others

By Application:

Household
Office & Building
Medical & Dental Facility
Hotels & Spa
Others

By Consumer Segment:

Premium Customers
Mass Customers

By Distribution Channel:

Online Channel
Offline Channel

By Regions:

North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

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Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

The industry is seeming to be fairly competitive. Some of the leading market players include Bed Bath & Beyond, Home Depot, IKEA, Lowes, Target, Art.com, Costco, Ethan Allen, Franchise Concepts, Havertys, J.C. Penney, Kirkland, Kohls, Macys Inc., Pier 1 Imports, Restoration Hardware, Sears, Williams-Sonoma, Wayfair Company and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Global Wall Decor Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Investors

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