Saturday, October 1, 2022

Wall Decor Market in America Will Record 7.20% Annual Growth Rate in 2021. Amazon.com Inc. and Bed Bath & Beyond Inc. among the major vendors | technavio

To understand more about Market Dynamics. Download Our Free Sample Report

According to Technavio’s recent market study, Wall Decor Market in America It is expected to grow to USD 10.78 billion from 2020 to 2025 at an accelerated CAGR of 9.94%. The report provides a detailed analysis of drivers and opportunities, top winning strategies, competitive landscape, future market trends, market size and projections and key investment wallets.

The wall decoration market in our report covers the following sectors:

Seller Insight-

The wall decor market in the US is fragmented. Sellers are deploying growth strategies such as differentiate themselves on innovative products to compete in the market. Product insights and news from some of the vendors are mentioned below:

Franchise Concepts Inc. – In December 2020, the company entered into an agreement to acquire Kitchen Tune-Up.

Haverty Furniture Company Inc. , In August 2020, the company launched its new store in Southlake Corner.

Get additional highlights on vendors and their product offerings. Download Free Sample Reports

Latest drivers and trends driving the market-

  • Wall Decor Market in US Driver:
    • Introduction of premium products due to improved standard of living,

Changing lifestyles and rising disposable incomes are driving home renovation activities in America. Various makers of wall decor are taking advantage of the Internet and social media to market their services into personalized products. Many retailers are expanding their portfolio by offering specialty products to meet the growing and diversified demand. Thus, the introduction of premium products is driving the market due to the improvement in the standard of living.

  • Wall Decor Market in US Trends:
    • Increased demand for personalized and customized wall decorations:

The trend of personalization has encouraged retailers to focus on equipping their product assortment with a number of personalized wall decor products. Many customers are willing to pay extra for product personalization. Therefore, retailers can gain margin on their offerings. The vendors and retailers offering customized and personalized wall decor items at both macro and micro level are expected to drive the growth of the market in US during the forecast period. Thus, the increasing demand for personalized and customized wall decorations is a major trend in the market.

Find out more about various other market drivers and trends mentioned in our free sample reports,

Didn’t find what you were looking for? Customize Report-

Don’t miss the opportunity to talk to our analyst and learn more details about this market report. Our analysts can also help you customize this report to your needs. Our analysts and industry experts will work directly with you to understand your needs and provide you with customized data in a short amount of time.

We offer USD 1,000 Worth the free customization at the time of purchase. Talk to our analyst now!

Here are some such topics-

Home Furniture Market in the US by Product and Distribution Channel – Forecast and Analysis 2021-2025

Luxury Massage Chair Market in US by End-User and Distribution Channel – Forecast & Analysis 2021-2025

Wall Decor Market in America

report coverage

Description

page number

120

base year

2020

forecast period

2021-2025

Growth pace and CAGR

Accelerating at a CAGR of 9.94%

Market Growth 2021-2025

USD 10.78 billion

market structure

fragmented

Year-on-Year Growth (%)

7.20

regional analysis

we

performance market contribution

US at 100%

major consumer countries

we

competitive landscape

Leading Companies, Competitive Strategies, Scope of Consumer Engagement

Profiled companies

Amazon.com Inc., Bed Bath & Beyond Inc., Ethan Allen Interiors Inc., Franchise Concepts Inc., Haverty Furniture Companies Inc., Target Corp., The Home Depot Inc., Walmart Inc., and Wayfair Inc.

market dynamics

Basic market analysis, market growth indicators and constraints, fast growing and slow growing segment analysis, COVID-19 impact and future consumer dynamics, analysis of market conditions for the forecast period.

range of customization

If our reports don’t include the data you’re looking for, you can contact our analysts and get the segments customized.

about us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market position. With over 500 specialized analysts, Technavio’s report library includes enterprises of all sizes, including more than 100 Fortune 500 companies in their client base. This growing client base relies on Technavio’s extensive coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position within changing market scenarios.

Contact
Technavio Research
Jessie Flour
Media and Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

source technavio

Wall Decor Market in America Will Record 7.20% Annual Growth Rate in 2021. Amazon.com Inc. and Bed Bath & Beyond Inc. among the major vendors | technavio

,

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news
- Advertisement -