Latin America Wall Art Market Size & Outlook, 2022-2030
Latin America wall art market, 2017-2030 (US$M)
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Latin America wall art market highlights
- The Latin America wall art market generated a revenue of USD 1,672.0 million in 2022.
- The market is expected to grow at a CAGR of 2.6% from 2023 to 2030.
- In terms of segment, wallpapers/stickers/wall coverings was the largest revenue generating type in 2022.
- Wallpapers/Stickers/Wall Coverings is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,672.0 million |
| Market revenue in 2030 | USD 2,048.1 million |
| Growth rate | 2.6% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.2% of the global wall art market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 39,871.9 million by 2030.
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Wall Art Market Scope
Wall Art Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America wall art market outlook
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 43.52% in 2022. Horizon Databook has segmented the Latin America 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.
Artwork in homes across Central and South America reflects the region's rich and vibrant culture and heritage. Wall art, often sold at local artisan markets, echoes the unique customs, folklore, and artistic talent of surrounding areas.
Neighborhood furniture and home décor stores also give local and foreign artists the opportunity to exhibit their creations. The trend of displaying artwork depicting the local culture not only gives homes a unique touch but also demonstrates the close relationship between art, heritage, and daily living in South America.
Wall art in commercial spaces is also immensely popular, especially in hotels. Artwork of any kind lends visual interest and aesthetic appeal to hotel interiors. Hoteliers lean on interior designers and artists to curate artistic elements such as murals, paintings, photographs, wallpaper and wall coverings, or sculptures that reflect the hotel's style, vibe, and character.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America wall art market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America wall art market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America wall art market size, by country, 2017-2030 (US$M)
Latin America Wall Art Market Outlook Share, 2022 & 2030 (US$M)
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