Wall Art Market to Reach USD 118.79 billion by 2032; Increasing Development of Residential & Commercial Infrastructure to Spur Market Growth

The global wall art market size was valued at USD 63.61 billion in 2024. The market is anticipated to grow from USD 66.89 billion in 2025 to USD 118.79 billion by 2032, exhibiting a CAGR of 8.55% during the forecast period of 2025-2032.

Fortune Business Insights™ presents this information in its latest report titled “Wall Art Market Size, Share & Industry Analysis, By Type (Fine, Abstract, Modern, and Others), Material (Canvas, Paper, and Others), Sales Channel (Dealers and Auction Houses), Application (Residential and Commercial), By Price Point (Mass and Premium), and Regional Forecast, 2025-2032”.

Wall arts, also known as wall décor, have long been a vital part of interior designing projects as they are known to enhance the overall appeal and aesthetics of an indoor or outdoor wall. They are widely popular in museums and homes as they give a rich feel to a particular space. Many artworks can convey motivational or informational messages to the viewers, which is expected to boost their usage.

Many leading market players have started organizing art events and exhibitions to help them either showcase their art or act as a medium to display the artworks of lesser-known artists. For example, Saatchi Art, in March 2021, launched its own virtual reality wall artwork fair to showcase the art pieces of 75 artisans to the world population. These factors are anticipated to boost the wall art market growth.

Demand for Interior Décor Services Picked Up Pace During COVID-19, Boosting Market Growth

The COVID-19 pandemic had an adverse impact on the functioning of the global economies and their industry verticals as manufacturing activities were halted and people were forced to stay indoors. However, this scenario presented a lucrative opportunity for people to embrace interior design to enhance the aesthetics of their homes. Many art fairs and exhibitions were also shifted to online portals to help customers easily find the artworks of their choice without flouting the COVID-19 restrictions. The demand for unique paintings and drawing shot up during this period, which expanded the wall art market share.

Increasing Development of Residential & Commercial Infrastructure to Spur Market Growth

More customers in the residential, as well as commercial sectors, are buying art panels and other forms of artwork to beautify their spaces. This is why the growing establishment of residential and commercial infrastructure will bolster the adoption of wall artworks in the coming years. An increasing percentage of homeowners are contacting art dealers and antique stores to purchase eye-catching art pieces that can improve their home’s appeal. Similarly, many organizations are trying to perk up their workplace aesthetics by investing in attractive art panels which can also help them boost their employees’ productivity and morale. Moreover, the number of people visiting art museums has increased in recent years, which is another factor that will contribute to the market’s progress.

Companies to Adopt Key Growth Strategies to Retain Their Market Positions

Saatchi Art, Artfinder, Bed, Bath and Beyond, and many others, are the leading players in this market. These companies are trying innovative ways to increase the supply of their products to international marketplaces, which will also help them expand their global presence. They are also engaging in various growth strategies to increase their business operations. Many of these leading market participants are organizing art exhibitions and cultural events to display their series of artworks and boost the revenue margin of their products.

Notable Industry Development:

• November 2022 - The Art Gallery of New South Wales, an Australian art gallery, teamed up with Aqualand Atrium to commence its expansion into art museum campuses. This partnership is expected to support the sales of wall frames in New South Wales, Australia.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/wall-art-market-105009

List of the Companies Profiled in the Report:

• Saatchi Art (U.S.)


• Artfinder (U.K.)


• Minted LLC. (U.S.)


• Artspace LLC (U.S.)


• Artsy (U.S.)


• Art.com (U.S.)


• Zatista LLC (U.S.)


• The Tellenge Store (India)


• Artisera (India)


• Seven Wall Art Corporation (U.S.)

Further Report Findings

• North America has accounted for a dominant market share as there is a strong demand among the region’s consumers for home décor items that have been made by artisans, such as sculptures, drawings, and paintings. The region also has a vast presence of reputed home décor product retailers and is known to host a wide range of art fairs and exhibitions. These factors will fuel the regional market growth.


• Asia Pacific is expected to record a notable growth rate during the forecast period as countries, such as India and China are increasing their investments in the development of residential and commercial infrastructures. These nations are also embracing several innovative interior design and renovation trends, which are expected to augment the sales of wall décor items.

Table of Segmentation