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.
The demand for wall art has grown at a notable pace across the world as people are looking for more decorative and aesthetic décor items to adorn museums and households. Also known as wall design or wall décor, these art pieces can immensely improve the appearance of interior and exterior walls. Some of these items can even convey inspirational or informative messages to the viewers.
Several leading players in the market are organizing various art events and exhibitions to showcase their artworks to art enthusiasts. Highlighting a recent instance, in March 2021, Saatchi Art, an online artwork marketplace, held a new Virtual Reality (VR) wall artwork fair to display its artworks to people across the world. These aspects might boost the wall art market growth.
Fortune Business Insights™ displays this information in a report titled, "Wall Art Market, 2025-2032."
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Segmentation:
Rising Adoption of Fine Artworks Due to Their High Price May Boost Market Growth
Based on type, the market is segregated into modern, abstract, fine, and others. The fine segment holds a major market share as these art pieces are highly priced and offer non-academic advantages to clients.
Cost-Effectiveness of Canvas Artworks to Boost Their Sales
In terms of material, the market is segmented into paper, canvas, and others. The canvas segment holds a dominant wall art market share as canvas artworks are widely available in different sizes & styles and are more cost-effective as compared to other materials.
Growing Availability of Artistic Panels to Boost Customer Visits at Dealer Shops
By sales channel, the market is bifurcated into auction houses and dealers. The dealers segment has captured a major market share as artistic panels are being made available across many art dealer stores, thereby increasing customers’ accessibility to many affordable drawings, paintings, and sculptures.
Geographically, the market is broken down into North America, South America, Europe, Asia Pacific, and the Middle East & Africa.
Report Coverage
The market research report conducts in-depth market analysis and underlines various crucial areas, such as prominent product types, key companies, materials, and leading application areas of the product. It also covers the latest industry trends, and competitive landscape, and focuses on important market developments. In addition to this, the report encompasses several factors contributing to the market's growth.
Drivers & Restraints
Growing Number of Artists to Boost Sales of Wall Décor Products
There has been a notable increase in the number of artisans and painters, which has positively impacted the supply of high-quality wall artwork. According to the U.S. Bureau of Labor Statistics, in 2020, the number of people employed as artists in the country touched 12,600. This figure is expected to rise by almost 9.5% by 2030. Increasing development of residential and commercial infrastructure is also expected to create lucrative business opportunities for wall-designing companies. This is because more homeowners are creating or buying unique artworks to beautify their homes. These factors, along with the growing number of visits to different museums, will support the market growth during 2023-2030.