Picture Frame Market

Picture Frame Market

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Debadatta

Author :

Debadatta Patel

Partha

Fact-checked by :

PARTHA PAUL

Aman

Editor :

Aman Singh

The Global Picture Frame Market size was valued at USD 9.30 Billion in 2022 and is expected to surpass USD 14.68 Billion by 2031, expanding at a CAGR of 5.2% during the forecast period, 2023 – 2031. Picture frames are used to display the pictures of vacation snapshots, landscapes, art prints, family portraits pictures, and enhance the wall decoration.

In recent years, the number of residential and commercial buildings has increased, thereby increasing the demand for picture frames. Bedrooms, kitchens, bathrooms, hallways, offices, and restaurants all have pictures and artwork on their walls. Picture frames are increasingly being used in commercial and residential building renovations.

Picture Frame Market Outlook

Market Trends, Drivers, Restraints, and Opportunities

  • Growing home owners’ expenditure on furnishing and household services is estimated to surge in demand for hanging photo frames.

  • Lack of awareness and improper selection of picture frame and high cost of frames can restrain the market.

  • The third wave of COVID-19 pandemic can negatively impact the market growth.

  • The introduction of innovative material for the photo frames can create lucrative opportunities for the market.

Scope of Picture Frame Market Report

The report on the global picture frame market includes an assessment of the market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Attributes

Details

Report Title

Picture Frame Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Hanging Frames and Tabletop Frames), Distribution Channels (Online and Offline), Applications (Personal Photos, Art Pictures, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Huahong Holding Group, Shandong Intco Recycling Resources Co., Ltd, Dunelm Group plc, NBG Home, Larson-Juhl, HALBE-Rahmen GmbH, Smac cornice, SPAGL GmbH, Hiroshima Wood Frame Sdn Bhd, Roma Moulding Inc, Omega Moulding Inc, International Moulding, CLASSIC ART PICTURES LTD, Quality Glass, Frameshop, Ashworth & Thompson, Habitat, Provasi Luca cornice, Delta Picture Frame Co., and Williams-Sonoma, Inc (Pottery Barn)

Picture Frame Market Segment Insights

Hanging frames segment to account a significant market share

Based on the types the market can be segmented into hanging frames and tabletop frames. The hanging frames segment is anticipated to hold a major market share during the forecast period and is expected to dominate the picture frame market. The growing preference for commercial furniture in the business, school, and hospitals to showcase personal images, certificates, and degrees is increasing the demand for tabletop frames.

Picture Frame Market Types

Offline segment is anticipated to grow at a steady pace

On the basis of distribution channels, the picture frame market can be divided into offline and offline. The offline segment is estimated to exhibit a sustainable CAGR during the forecast period. Stores such as specialty stores compensate the offline distribution route. Picture frames of multiple products and price ranges are available at brand-owned and multi-brand specialty stores.

Personal photos segment to hold a major market share

In terms of applications, the market can be divided into personal photos, art pictures, and others. The personal photos segment is anticipated to hold a major market share and is expected to continue its dominance during the forecast period. Picture frames are widely used to represent personalized photos and art pictures. They are, nevertheless, a great source for displaying credentials, rules, and laws in government organizations, restaurants, hotels, and hospitals. Vintage photographs are most typically used as a form of wall art. Furthermore, personal photos are becoming a feature of decorative wall, with concepts such as creating family trees with photographs of ancestors.

The art pictures segment is estimated to grow at a steady rate in the coming years. Art is another collection of fragments that depict independent life, historical significance, symbolic images, or literary figures. Art pictures are treasured for unique one and artistry, making them among the most valuable assets. Furthermore, the most expensive artworks are framed in museums to preserve the quality for a longer length of time.

Picture Frame Market Applications

North America is expected to hold a significant market share

Based on the regions, the picture frame market can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to hold a major market share during the forecast period. For the past few years, the market in North America has grown at a rapid rate in the coming years due to rising demand for wooden picture frames.

According to the Food and Agriculture Organization, the US is the world's second-largest importer of wood products. With extensive forest resources and high wood consumption, the US plays a critical role in driving global demand for wood-based products. Small picture frame producers in the region, such as Frame bridge and Frame Warehouse are collaborating with online retailers such as Amazon to sell picture frame products, presenting a potential opportunity for small players to cater to a large and diverse consumer base. The region's retailers and e-commerce sites have a substantial market share in home design products. For instance, Michaels is one of prominent retailer of arts and crafts, framing, floral and wall decor, and products in the US.

Picture Frame Market Regions

Segments

By Types

  • Hanging frames
  • Tabletop Frames

By Distribution Channels

  • Online
  • Offline

By Applications

  • Personal Photos
  • Art Pictures
  • Others

By Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

By Key Players

  • Huahong Holding Group
  • Shandong Intco Recycling Resources Co., Ltd
  • Dunelm Group plc
  • NBG Home
  • Larson-Juhl
  • HALBE-Rahmen GmbH
  • Smac cornice
  • SPAGL GmbH
  • Hiroshima Wood Frame Sdn Bhd
  • Roma Moulding Inc
  • Omega Moulding Inc
  • International Moulding
  • CLASSIC ART PICTURES LTD
  • Quality Glass
  • Frameshop
  • Ashworth & Thompson
  • Habitat
  • Provasi Luca cornice
  • Delta Picture Frame Co.
  • Williams-Sonoma, Inc (Pottery Barn)

Competitive Landscape

The key players of the market are Huahong Holding Group, Shandong Intco Recycling Resources Co., Ltd, Dunelm Group plc, NBG Home, Larson-Juhl, HALBE-Rahmen GmbH, Smac cornice, SPAGL GmbH, Hiroshima Wood Frame Sdn Bhd, Roma Moulding Inc, Omega Moulding Inc, International Moulding, CLASSIC ART PICTURES LTD, Quality Glass, Frameshop, Ashworth & Thompson, Habitat, Provasi Luca cornice, Delta Picture Frame Co., and Williams-Sonoma, Inc (Pottery Barn).

Picture Frame Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Picture Frame Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Picture Frame Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Picture Frame Market - Supply Chain
  4.5. Global Picture Frame Market Forecast
     4.5.1. Picture Frame Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Picture Frame Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Picture Frame Market Absolute $ Opportunity
5. Global Picture Frame Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Picture Frame Market Size and Volume Forecast by Types
     5.3.1. Hanging frames
     5.3.2. Tabletop Frames
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Picture Frame Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Picture Frame Market Size and Volume Forecast by Applications
     6.3.1. Personal Photos
     6.3.2. Art Pictures
     6.3.3. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Picture Frame Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Picture Frame Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Picture Frame Demand Share Forecast, 2019-2026
8. North America Picture Frame Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Picture Frame Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Picture Frame Market Size and Volume Forecast by Types
     8.4.1. Hanging frames
     8.4.2. Tabletop Frames
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Picture Frame Market Size and Volume Forecast by Applications
     8.7.1. Personal Photos
     8.7.2. Art Pictures
     8.7.3. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Picture Frame Demand Share Forecast, 2019-2026
9. Latin America Picture Frame Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Picture Frame Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Picture Frame Market Size and Volume Forecast by Types
     9.4.1. Hanging frames
     9.4.2. Tabletop Frames
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Picture Frame Market Size and Volume Forecast by Applications
     9.7.1. Personal Photos
     9.7.2. Art Pictures
     9.7.3. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Picture Frame Demand Share Forecast, 2019-2026
10. Europe Picture Frame Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Picture Frame Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Picture Frame Market Size and Volume Forecast by Types
     10.4.1. Hanging frames
     10.4.2. Tabletop Frames
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Picture Frame Market Size and Volume Forecast by Applications
     10.7.1. Personal Photos
     10.7.2. Art Pictures
     10.7.3. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Picture Frame Demand Share Forecast, 2019-2026
11. Asia Pacific Picture Frame Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Picture Frame Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Picture Frame Market Size and Volume Forecast by Types
     11.4.1. Hanging frames
     11.4.2. Tabletop Frames
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Picture Frame Market Size and Volume Forecast by Applications
     11.7.1. Personal Photos
     11.7.2. Art Pictures
     11.7.3. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Picture Frame Demand Share Forecast, 2019-2026
12. Middle East & Africa Picture Frame Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Picture Frame Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Picture Frame Market Size and Volume Forecast by Types
     12.4.1. Hanging frames
     12.4.2. Tabletop Frames
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Picture Frame Market Size and Volume Forecast by Applications
     12.7.1. Personal Photos
     12.7.2. Art Pictures
     12.7.3. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Picture Frame Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Picture Frame Market: Market Share Analysis
  13.2. Picture Frame Distributors and Customers
  13.3. Picture Frame Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Huahong Holding Group
     13.4.2. Shandong Intco Recycling Resources Co., Ltd
     13.4.3. Dunelm Group plc
     13.4.4. NBG Home
     13.4.5. Larson-Juhl
     13.4.6. HALBE-Rahmen GmbH
     13.4.7. Smac cornice

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