Market revenue in 2022 | USD 914.0 million |
Market revenue in 2030 | USD 1,285.1 million |
Growth rate | 4.4% (CAGR from 2022 to 2030) |
Largest segment | Wallpapers/stickers/wall coverings |
Fastest growing segment | Wallpapers/Stickers/Wall Coverings |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 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 38.53% in 2022. Horizon Databook has segmented the South 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.
Consumer expenditure on home renovations and changing lifestyles are increasing at a fast pace in South Africa. The rapid infrastructure development is resulting in increased regional integration, thereby opening up more opportunities for commercial and residential constructions.
Improving social connectivity is also anticipated to boost regional commercial constructions, leading to increased lodging expenditure while promoting urbanization. These trends are expected to favor the adoption of fancy wall art like wallpapers and murals in commercial and residential spaces.
Domestic players are adopting the trend of offering a wide selection of international designer wallpapers and bespoke designs suitable for residential and commercial projects. For instance, WCI Wallpapers Pty, Ltd, based in Cape Town, South Africa, provides wallcoverings required for any architectural space according to the client’s needs.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa wall art market , including forecasts for subscribers. This country databook contains high-level insights into South Africa wall art market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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