Middle East & Africa Wall Art Market Size & Outlook
Middle East & Africa wall art market, 2017-2030 (US$M)
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MEA wall art market highlights
- The MEA wall art market generated a revenue of USD 2,511.8 million in 2022.
- The market is expected to grow at a CAGR of 3.7% 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, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 2,511.8 million |
| Market revenue in 2030 | USD 3,359.7 million |
| Growth rate | 3.7% (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, MEA region accounted for 4.7% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Wall Art Market Scope
Wall Art Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 38.81% in 2022. Horizon Databook has segmented the Middle East & Africa 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.
According to UNWTO, during the first quarter of 2023, close to 230 million people traveled internationally. This number more than doubled in comparison to the same period in 2022, and it represents 80% of the pre-pandemic level, as per the same report.
Tourism is a major economic pillar in this region, and has become a strategic component in the diversification of the economy. The upsurge in tourism has fueled the expansion of the hospitality sector, which includes hotels, lodges, and restaurants.
These establishments often emphasize on their interior aesthetics to attract and engage tourists, which can be achieved through the utilization of captivating and refined wall art.
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Our clientele includes a mix of wall art market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa wall art market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa wall art market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA wall art market size, by country, 2017-2030 (US$M)
Middle East & Africa Wall Art Market Outlook Share, 2022 & 2030 (US$M)
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