Market revenue in 2022 | USD 24,923.3 million |
Market revenue in 2030 | USD 39,871.9 million |
Growth rate | 6% (CAGR from 2022 to 2030) |
Largest segment | Wallpapers/stickers/wall coverings |
Fastest growing segment | Wallpapers/Stickers/Wall Coverings |
Historical data covered | 2017 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Wallpapers/Stickers/Wall Coverings, Hangings, Frameworks, Decor Shelves |
Key market players worldwide | Graham Holdings Co, Artnet AG, Vaibhav Global, Art.com, Uprise Art, Society6, Minted, Artsy, 1stdibs.com Inc Ordinary Shares, Artspace |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wall art market will help companies and investors design strategic landscapes.
Wallpapers/stickers/wall coverings was the largest segment with a revenue share of 39.44% in 2022. Horizon Databook has segmented the Asia Pacific wall art market based on wallpapers/stickers/wall coverings, hangings, frameworks, decor shelves covering the revenue growth of each sub-segment from 2017 to 2030.
Anticipated economic growth in Asia Pacific is underpinned by rapid economic development, urbanization, and digitalization, positioning it for substantial income gains worldwide by 2040. Substantial infrastructure investments are set to promote regional integration and reduce the income gap between urban and rural areas.
However, the expansion of the lowest-income group is influenced by global economic uncertainties and the escalating cost of living, thereby constraining disposable income for non-essential expenditures.
Asian consumers are among the financially stable, well-educated, and fastest-growing racial groups worldwide. They continuously seek innovation and creativity by improving their lifestyles and personal spaces by adapting ongoing trends in the industry, which is expected to boost market growth.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific wall art market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific wall art market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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