The global picture frame market is anticipated to expand at a CAGR of 5.2% during the forecast period, between 2021 and 2028. 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.
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 |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
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) |
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.
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.
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.
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.
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).
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