DUBLIN--(BUSINESS WIRE)--The "Wall Decor Market in US 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The wall decor market in the US is predicted to register a CAGR of almost 9% by 2023.
The increasing trend for interior designing is likely to fuel growth in the market. Consumer spending on home improvement and decor products such as on designer wall decor (such as wall clocks, wall arts, and picture frames) has also increased. This has motivated interior designers and designing companies to introduce trends that influence homeowners to invest in interior designing.
Increasing Use of Wall Decor in Designing the Interiors of Houses
Home renovation has increased in the US, mostly led by the enhanced lifestyles and rising disposable income. The demand for home renovation is further propelled by the modern and designer home decor products that include wall decor items.
Rising Competition Increasing Price War and Reducing Profit Margins
The entry of new players and private label brands will further intensify competition. This will lead to price wars degrading the quality of the product, which will affect the market negatively.
Competitive Landscape
With the presence of a considerable number of companies, this market appears to be fragmented. Vendors and retailers offer personalized wall decor items at both macro and micro levels. Customers have many options, based on their requirements.
Market Trends
- Increasing Trend for Interior Designing
- Increased Demand for Personalized and Customized Wall Decor
- Growing Online Demand for Home Decor Products
Key Players
- Amazon.com
- Bed Bath & Beyond
- Home Depot Product Authority
- Lowe's
- Target Brands
- Walmart
Topics Covered
1. Executive Summary
2. Scope of the Report
3. Market Landscape
4. Market Sizing
5. Five Forces Analysis
6. Market Segmentation by Distribution Channel
7. Customer Landscape
8. Market Segmentation by Product
9. Decision Framework
10. Drivers and Challenges
11. Market Trends
12. Vendor Landscape
13. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/wqqss6/the_wall_decor?w=4