![]() This will accelerate consumer demand for home decor-related products, driving the wall art market growth. Interior Decoration Trend Amid COVID-19 to Surge Product Demandĭue to COVID-19-related lockdown restrictions in many countries worldwide, people have been forced to stay indoors and prefer doing interior & decoration-related activities in their households. For instance, in March 2021, Saatchi Art, an online artwork marketplace, introduced its new virtual reality wall artwork fair to showcase its 75 artisan artworks to the global population. Nowadays, players are introducing various crafting events to showcase their artworks to the worldwide population and uplift their products’ sales. Artworks’ ability to convey an inspirational and informative message mainly upsurges the utilization of such products among people. Paintings, drawings, sculptures, and other wall design tools enhance an indoor wall's beauty. Wall arts are commonly used as decorative tools in households and museums. Based on our analysis, the global market had exhibited a decline of -18.5% in 2020 as compared to 2019. ![]() The global impact of COVID-19 pandemic has been unprecedented and staggering, with home artistic products experiencing a lower-than-anticipated demand across all regions compared to pre-pandemic levels. The market is projected to grow from USD 48.50 billion in 2021 to USD 72.61 billion by 2028, exhibiting a CAGR of 5.9% during the forecast period. The global wall art market size was valued at USD 46.33 billion in 2020.
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