â€śWall Decor Market in the US 2017 to 2021â€ť tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Wall Decor market. This research report offers in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges.
Leading companies operating in the US Wall Decor market profiled in the report are Bed Bath & Beyond, Home Depot, IKEA, Loweâ€™s, Walmart, Target, Art, Ethan Allen US, Franchise Concepts, Jcp Media, Kohlâ€™s Illinois, Macyâ€™s, Pier 1 Imports, RH, Sears, west elm, Willams-Sonoma, Wayfair.
Commenting on the report, an analyst from Industrydataanlytics team said: The latest trend gaining momentum in the market is Collaboration with artists and advent of printing techniques. Several vendors in the market are collaborating with talented artists in order to expand their product portfolios. Vendors are in the process of procuring one-of-a-kind, original works of art directly from the artists. Paintings and sculptures are increasingly acquired by vendors in the market.Â”
The decoration of walls with the help of wall art, picture frames, wall clocks, tapestries, posters, sculptures, or decorative wall mirrors is wall dĂ©cor. The wall decor market in the US is at its growth stage owing to the high demand that prevails in the market. The increase in construction activities and the growth in real estate are factors influencing the growth of the market. Due to such factors, several vendors are launching distinctive styles of dĂ©cor in different colors, patterns, textures, designs, and shapes (traditional or classic, modern, and contemporary). Home dĂ©cor products that suit different consumer segments (mass, masstige, premium, up-market) and age groups have also been launched in the market.
Industrydataanlytics forecast the wall decor market in the US to grow at a CAGR of 8.75% during the period 2017-2021.
Covered in this report:
The report covers the present scenario and the growth prospects of the wall decor market in the US for 2017-2021. To calculate the market size, the report considers the sales.
Industrydataanlytics report , US Wall Decor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
This independent 80 page report guarantees you will remain better informed than your competition. With over 50 tables and figures examining the Wall Decor market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leaderâ€™s market revenue forecasts as well as analysis to 2021.
For comprehensive understanding of market dynamics, the US Wall Decor market is analyzed across key geographies namely Americas, APAC, EMEA. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
Further, the report states that one of the major factors hindering the growth of this market is Long product replacement cycle. The replacement period for wall decor is long. The average lifespan of wall dĂ©cor products ranges between five and eight years. The purchase of wall dĂ©cor is generally limited to home-renovations or remodeling due to the high average lifespan of wall dĂ©cor products. Consumers tend to purchase wall dĂ©cor while setting up new homes. Wall decor is designed to suit long-term use; the products do not require frequent replacements. Branded wall dĂ©cor products have a longer lifecycle than the unbranded versions. A number of wall dĂ©cor brands offer product guarantees and warranties. The long replacement periods ensure that consumers need to endure solely the maintenance costs for a number of years. This reduces the frequency of purchase of home decor, which acts as a major growth barrier in the market. However, the resale value of home dĂ©cor, like original art pieces, is high.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
In the Wall Decor market research reports, following points are included along with in-depth study of each point:
Industrydataanalytics provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. Industrydataanalytics has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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