Wall Decor Market in US to grow by USD 11.98 Bn; Home furnishing identified as parent market - Technavio

NEW YORK, Nov. 22, 2022 /PRNewswire/ -- The "Wall Decor Market in US Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026" report has been added to Technavio's offering. The report expects the market size to grow by USD 11.98 billion, accelerating at a CAGR of 10.43% during the forecast period. Technavio categorizes the wall decor market in the US as a part of the global home furnishings market. The parent global home furnishings market covers products and companies engaged in the manufacturing/marketing of furniture, home textiles, floor coverings, and decorative products. The parent market is driven by the increasing residential and commercial construction. The rising focus on infrastructure development and the construction of new residences and offices is expected to increase the sales of new furniture and furnishings. In addition, the rising demand for furniture is also aided by the increase in the number of renovation projects across key countries such as the US, China, and India. Get insights into the market parent market. Download a Free PDF Report Sample

Wall Decor Market in US 2022-2026: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The wall decor market in the US report covers the following areas:

Wall Decor Market in US 2022-2026: Vendor Analysis

• Wall Decor Market Size
• Wall Decor Market Trends
• Wall Decor Market Industry Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Amazon.com Inc., Art.com Inc., Bed Bath & Beyond Inc., Ethan Allen Interiors Inc., Franchise Concepts Inc., Haverty Furniture Companies Inc., Lowe's Companies Inc., Target Corp., The Home Depot Inc., and Walmart Inc. are among some of the major market participants.

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Wall Decor Market in US 2022-2026: Segmentation

The wall decor market in US is segmented as below:

• Product 
• Wall Art
• Picture Frames
• Wall Clock
• Other Decorative Accents
• Distribution channel
• Offline
• Online

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Wall Decor Market in US 2022-2026: Key Highlights

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist wall decor market growth during the next five years
• Estimation of the wall decor market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the wall decor market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of wall decor market vendors

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Table of Contents:

• The DIY home improvement market study in the US is a comprehensive report with in-depth qualitative and quantitative research evaluating the current scenario and analyzing the growth of 6.07% and CAGR of 6.1%. One of the major factors driving the DIY home improvement market growth is the growing popularity and adoption of RTA furniture in the US.
• The online home decor market share is expected to increase by USD 58.99 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 8.92%. One of the key factors driving growth in the online home decor market is the rise in online spending and smartphone penetration.

1. Executive Summary                           

                1.1     Market Overview            

                                Exhibit 01:  Executive Summary – Chart on Market Overview

                                Exhibit 02:  Executive Summary – Data Table on Market Overview

                                Exhibit 03:  Executive Summary – Chart on Country Market Characteristics

                                Exhibit 04:  Executive Summary – Chart on Market Segmentation by Product

                                Exhibit 05:  Executive Summary – Chart on Market Segmentation by Distribution Channel

                                Exhibit 06:  Executive Summary – Chart on Vendor Market Positioning

2. Market Landscape             

    2.1 Market ecosystem             

                                Exhibit 07:  Parent market

                                Exhibit 08:  Market Characteristics

3. Market Sizing                       

                3.1 Market definition

                                Exhibit 09:  Offerings of vendors included in the market definition

                3.2 Market segment analysis 

                                Exhibit 10:  Market segments

                3.3 Market size 2021 

                3.4 Market outlook: Forecast for 2021 - 2026 

                                Exhibit 11:  Chart on US - Market size and forecast 2021-2026 ($ million)

                                Exhibit 12:  Data Table on US - Market size and forecast 2021-2026 ($ million)

4. Five Forces Analysis                          

                4.1 Five Forces Summary        

                                Exhibit 15:  Five forces analysis - Comparison between2021 and 2026

                4.2 Bargaining power of buyers           

                                Exhibit 16:  Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

                4.3 Bargaining power of suppliers       

                                Exhibit 17:  Bargaining power of suppliers – Impact of key factors in 2021 and 2026

                4.4 Threat of new entrants    

                                Exhibit 18:  Threat of new entrants – Impact of key factors in 2021 and 2026

                4.5 Threat of substitutes         

                                Exhibit 19:  Threat of substitutes – Impact of key factors in 2021 and 2026

                4.6 Threat of rivalry   

                                Exhibit 20:  Threat of rivalry – Impact of key factors in 2021 and 2026

                4.7 Market condition

                                Exhibit 21:  Chart on Market condition - Five forces 2021 and 2026

5. Market Segmentation by Product

    5.1 Market segments

                                Exhibit 22:  Product - Market share 2021-2026 (%)

                5.2 Comparison by Product    

                                Exhibit 24:  Chart on Comparison by Product

                                Exhibit 25:  Data Table on Comparison by Product

                5.3 Wall art - Market size and forecast 2021-2026         

                                Exhibit 26:  Chart on Wall art - Market size and forecast 2021-2026 ($ million)

                                Exhibit 27:  Data Table on Wall art - Market size and forecast 2021-2026 ($ million)

                                Exhibit 28:  Chart on Wall art - Year-over-year growth 2021-2026 (%)

                                Exhibit 29:  Data Table on Wall art - Year-over-year growth 2021-2026 (%)

                5.4 Picture frames - Market size and forecast 2021-2026            

                                Exhibit 30:  Chart on Picture frames - Market size and forecast 2021-2026 ($ million)

                                Exhibit 31:  Data Table on Picture frames - Market size and forecast 2021-2026 ($ million)

                                Exhibit 32:  Chart on Picture frames - Year-over-year growth 2021-2026 (%)

                                Exhibit 33:  Data Table on Picture frames - Year-over-year growth 2021-2026 (%)

                5.5 Wall clock - Market size and forecast 2021-2026    

                                Exhibit 34:  Chart on Wall clock - Market size and forecast 2021-2026 ($ million)

                                Exhibit 35:  Data Table on Wall clock - Market size and forecast 2021-2026 ($ million)

                                Exhibit 36:  Chart on Wall clock - Year-over-year growth 2021-2026 (%)

                                Exhibit 37:  Data Table on Wall clock - Year-over-year growth 2021-2026 (%)

                5.6 Other decorative accents - Market size and forecast 2021-2026       

                                Exhibit 38:  Chart on Other decorative accents - Market size and forecast 2021-2026 ($ million)

                                Exhibit 39:  Data Table on Other decorative accents - Market size and forecast 2021-2026 ($ million)

                                Exhibit 40:  Chart on Other decorative accents - Year-over-year growth 2021-2026 (%)

                                Exhibit 41:  Data Table on Other decorative accents - Year-over-year growth 2021-2026 (%)

                5.7     Market opportunity by Product 

                                Exhibit 42:  Market opportunity by Product ($ million)

6 Market Segmentation by Distribution Channel        

     6.1 Market segments

                                Exhibit 43:  Chart on Distribution Channel - Market share 2021-2026 (%)

                                Exhibit 44:  Data Table on Distribution Channel - Market share 2021-2026 (%)

                6.2 Comparison by Distribution Channel          

                                Exhibit 45:  Chart on Comparison by Distribution Channel

                                Exhibit 46:  Data Table on Comparison by Distribution Channel

                6.3 Offline - Market size and forecast 2021-2026           

                                Exhibit 47:  Chart on Offline - Market size and forecast 2021-2026 ($ million)

                                Exhibit 48:  Data Table on Offline - Market size and forecast 2021-2026 ($ million)

                                Exhibit 49:  Chart on Offline - Year-over-year growth 2021-2026 (%)

                                Exhibit 50:  Data Table on Offline - Year-over-year growth 2021-2026 (%)

                6.4 Online - Market size and forecast 2021-2026            

                                Exhibit 51:  Chart on Online - Market size and forecast 2021-2026 ($ million)

                                Exhibit 52:  Data Table on Online - Market size and forecast 2021-2026 ($ million)

                                Exhibit 53:  Chart on Online - Year-over-year growth 2021-2026 (%)

                                Exhibit 54:  Data Table on Online - Year-over-year growth 2021-2026 (%)

                6.5 Market opportunity by Distribution Channel           

                                Exhibit 55:  Market opportunity by Distribution Channel ($ million)

7. Customer landscape                         

                                Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                7.1 Customer landscape overview      

                                Exhibit 56:  Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8. Drivers, Challenges, and Trends                   

                8.1 Market drivers     

                                8.1.1 Improved standard of living increasing introduction of premium products

                                8.1.2 Growing culture of gifting

                                8.1.3 Rising popularity of blogs related to interior designing

                8.2 Market challenges              

                                8.2.1 Rising competition increases price war and reduces profit margins

                                8.2.2 Highly complex inventory, supply chain, and merchandizing management

                                8.2.3 Long product replacement cycle

                8.3 Impact of drivers and challenges  

                                Exhibit 57:  Impact of drivers and challenges in 2021 and 2026

                8.4 Market trends      

                                8.4.1 Increasing trend for interior designing

                                8.4.2 Increased demand for personalized and customized wall décor

                                8.4.3 Growing online demand for home decor products

9. Vendor Landscape                             

                9.1 Overview

                9.2 Vendor landscape

                                Exhibit 58:  Overview on Criticality of inputs and Factors of differentiation

                9.3 Landscape disruption        

                                Exhibit 59:  Overview on factors of disruption

                9.4 Industry risks        

                                Exhibit 60:  Impact of key risks on business

10. Vendor Analysis               

                10.1 Vendors covered              

                                Exhibit 61:  Vendors covered

                10.2 Market positioning of vendors    

                                Exhibit 62:  Matrix on vendor position and classification

                10.3 Amazon.com Inc.

                                Exhibit 63:  Amazon.com Inc. - Overview

                                Exhibit 64:  Amazon.com Inc. - Business segments

                                Exhibit 65:  Amazon.com Inc. - Key news

                                Exhibit 66:  Amazon.com Inc. - Key offerings

                                Exhibit 67:  Amazon.com Inc. - Segment focus

                10.4 Bed Bath and Beyond Inc.             

                                Exhibit 68:  Bed Bath and Beyond Inc. - Overview

                                Exhibit 69:  Bed Bath and Beyond Inc. - Product / Service

                                Exhibit 70:  Bed Bath and Beyond Inc. - Key news

                                Exhibit 71:  Bed Bath and Beyond Inc. - Key offerings

                10.5 Ethan Allen Interiors Inc.

                                Exhibit 72:  Ethan Allen Interiors Inc. - Overview

                                Exhibit 73:  Ethan Allen Interiors Inc. - Business segments

                                Exhibit 74:  Ethan Allen Interiors Inc. - Key offerings

                                Exhibit 75:  Ethan Allen Interiors Inc. - Segment focus

                10.6 Franchise Concepts Inc. 

                                Exhibit 76:  Franchise Concepts Inc. - Overview

                                Exhibit 77:  Franchise Concepts Inc. - Product / Service

                                Exhibit 78:  Franchise Concepts Inc. - Key offerings

                10.7 Haverty Furniture Companies Inc.             

                                Exhibit 79:  Haverty Furniture Companies Inc. - Overview

                                Exhibit 80:  Haverty Furniture Companies Inc. - Product / Service

                                Exhibit 81:  Haverty Furniture Companies Inc. - Key offerings

                10.8 Lowes Companies Inc.    

                                Exhibit 82:  Lowes Companies Inc. - Overview

                                Exhibit 83:  Lowes Companies Inc. - Product / Service

                                Exhibit 84:  Lowes Companies Inc. - Key offerings

                10.9 Target Corp.       

                                Exhibit 85:  Target Corp. - Overview

                                Exhibit 86:  Target Corp. - Product / Service

                                Exhibit 87:  Target Corp. - Key news

                                Exhibit 88:  Target Corp. - Key offerings

                10.10 The Home Depot Inc.    

                                Exhibit 89:  The Home Depot Inc. - Overview

                                Exhibit 90:  The Home Depot Inc. - Product / Service

                                Exhibit 91:  The Home Depot Inc. - Key offerings

                10.11 Walmart Inc.    

                                Exhibit 92:  Walmart Inc. - Overview

                                Exhibit 93:  Walmart Inc. - Business segments

                                Exhibit 94:  Walmart Inc. - Key news

                                Exhibit 95:  Walmart Inc. - Key offerings

                                Exhibit 96:  Walmart Inc. - Segment focus

                10.12 Wayfair Inc.      

                                Exhibit 97:  Wayfair Inc. - Overview

                                Exhibit 98:  Wayfair Inc. - Business segments

                                Exhibit 99:  Wayfair Inc. - Key news

                                Exhibit 100:  Wayfair Inc. - Key offerings

                                Exhibit 101:  Wayfair Inc. - Segment focus

11. Appendix                            

                11.1 Scope of the report         

                                11.1.1 Market definition

                                11.1.2 Objectives

                                11.1.3 Notes and caveats

                11.2 Inclusions and exclusions checklist            

                                Exhibit 102:  Inclusions checklist

                                Exhibit 103:  Exclusions checklist

                11.3 Currency conversion rates for US$            

                                Exhibit 104: Currency conversion rates for US$

                11.4 Research Methodology 

                                Exhibit 105: Research Methodology

                                Exhibit 106: Validation techniques employed for market sizing

                                Exhibit 107: Information sources

                11.5 List of abbreviations        

                                Exhibit 108: List of abbreviations

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