PUBLISHER: The Business Research Company | PRODUCT CODE: 1713724
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713724
Wall art encompasses decorative pieces intended for wall display, enhancing a space's visual appeal. It fulfills both practical and expressive roles, allowing individuals to personalize their surroundings, showcase artistic preferences, and establish focal points in interior design. Wall art is utilized in various settings including homes, offices, galleries, and public areas to add visual interest and communicate themes.
Wall art comes in several styles, including fine, abstract, modern, and others. Fine art wall art features traditional and classic forms such as paintings, sculptures, and drawings, typically framed and exhibited in galleries or private collections. Common materials include canvas and paper. These artworks are available through both offline and online channels and are used in both residential and commercial spaces.
The wall art market research report is one of a series of new reports from The Business Research Company that provides wall art market statistics, including wall art industry global market size, regional shares, competitors with a wall art market share, detailed wall art market segments, market trends and opportunities, and any further data you may need to thrive in the wall art industry. This wall art market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The wall art market size has grown strongly in recent years. It will grow from $55.6 billion in 2024 to $59.51 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to cultural movements, technological advancements in printing, urbanization and interior decoration trends, economic prosperity, and art movements and collectives.
The wall art market size is expected to see strong growth in the next few years. It will grow to $77.3 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to growing interest in home decor, rising disposable income, influence of social media, expansion of e-commerce platforms, and increase in urbanization. Major trends in the forecast period include increasing demand for customizable art, the rise of digital art, sustainability focus, growth of online platforms, and minimalist and abstract trends.
The expansion of residential construction is expected to drive growth in the wall art market. Residential construction involves the building, renovation, or expansion of housing structures for personal use, including single-family homes, multi-family units, and other residential buildings. The rise in residential construction is fueled by increased demand for housing due to population growth, urbanization, and low interest rates that encourage home buying. Wall art plays a key role in residential construction by enhancing interior design, personalizing living spaces, and adding aesthetic value, thus creating a more inviting atmosphere. For instance, data from the Australian Bureau of Statistics in March 2024 indicated that there were 30,992 new private house dwellings, marking a 3.7% increase from December 2023 and a 14.6% rise from March 2023. Additionally, completions of other new private residential buildings rose to 14,844 dwellings, a 5.6% increase from December 2023. As a result, the growth in residential construction is fueling the wall art market's expansion.
Key players in the wall art market are focusing on developing innovative solutions, such as aesthetic wall art, to maintain their market position. Aesthetic wall art includes decorative pieces designed to enhance the visual appeal and ambiance of a space. For example, in March 2022, Bellini Modern Living, a US-based manufacturer of furniture and home furnishings, introduced a new wall art collection featuring contemporary designs. This collection includes vibrant colors and unique patterns that reflect a range of artistic styles, catering to various aesthetic tastes. This launch is part of Bellini's broader strategy to expand beyond furniture and establish itself as a comprehensive home decor brand, with each piece designed to evoke emotion and inspire creativity.
In March 2023, Trends International, a US-based publisher and manufacturer of licensed posters, acquired Art.com and Allposters.com for an undisclosed amount. This acquisition is expected to enhance Trends International's product range and market presence, leveraging the strengths of both companies to reach a wider audience interested in wall art and decor. Art.com and Allposters.com are both US-based providers of wall art, with Art.com specializing in high-quality wall art and Allposters.com offering a variety of wall art options.
Major companies operating in the wall art market are Wayfair Inc., Etsy Inc., Pottery Barn, World Market LLC, Anthropologie, HomeGoods Inc., Redbubble, West Elm, Minted, Society6, Great Big Canvas, Urban Ladder, One Kings Lane, Saatchi Art, iCanvas Inc., Desenio, Novica United Inc., Fine Art America, Artfinder, Pictorem, The Poster Club, The Art Group Inc., Zazzle, Tate Shop
North America was the largest region in the wall art market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wall art market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the wall art market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The wall art market consists of sales of paintings, prints, photographs, tapestries, murals, and sculptures. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Wall Art Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on wall art market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for wall art ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The wall art market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.