Global Furniture Market

Marble is a metamorphic rock formed from limestone, and recrystallized carbonate minerals, most commonly calcite or dolomite. The main types of marble are natural marble and synthetic marble. Natural marble is available in nature in the form of metamorphic stone composed of calcite. Natural marble is widely used in building materials, sculptures, exterior walls of houses, kitchen countertops, stairs, and others. Synthetic marble, or artificial marble, is made from a mixture of small marble debris, stone powder, plastic, cement, and sand. Artificial marble is available in a variety of colours and patterns and is widely used as a building material in house exteriors, kitchens, walls, floors, and others. The market is segmented by form into Slab and Powder. Marble slabs are obtained from quarries and are cut into the required sizes. Marble powder is generated during marble processing. It can be used as a filler material in cement or fine aggregates while preparing concrete. By color, the market is segmented into white and others. White marble has high purity and strong metaphysical qualities of grounding and calming. White marble is widely used in flooring, architecture, home décor, and sculptures. Major applications of marble include building decoration, statues and monuments, furniture, and others. The marble research report is one of a series of new reports from The Business Research Company that provides marble statistics, including marble industry global market size, regional shares, competitors with marble share, detailed marble segments, market trends and opportunities, and any further data you may need to thrive in the marble industry. This marble research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global marble market size grew from $29.77 billion in 2022 to $33.13 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The marble market size is expected to grow to $49.8 billion in 2027 at a CAGR of 10.7%. The rising building industry is expected to drive marble consumption in building and decoration applications. The demand for residential housing has been increasing globally. The global construction industry is expected to reach $15.2 trillion by 2030, primarily driven by countries such as India, China, and the United States. So, the growing construction industry will drive the marble market. New product launches are a key trend gaining popularity in the marble market. Companies are increasingly focusing on making and developing new marble products with improved quality. For instance, in December 2020, American Olean announced the launch of their new Mythique Marble collection. Mythique Marble is a full-sized porcelain floor, ceramic wall, and mosaic tile collection that features four on-trend marble designs, each with its own distinct personality. In November 2021, SiteOne® Landscape Supply, Inc., a US-based landscape supplies distributor, acquired Semco Stone, LLC for an undisclosed amount. The acquisition would help the company to expand the number of markets in which they provide a full range of landscape supplies. Semco Stone, LLC is a US-based supplier of natural stone such as white marble and other natural stones. Major players in the market are DuPont de Nemours and Company (US), LG Hausys, Kuraray, Aristech Acrylics, Staron (SAMSUNG), Durat, Hanex, CXUN, Wanfeng Compound Stone, XiShi Group, PengXiang Industry, Blowker, ChuanQi, New SunShine Stone, Leigei Stone, Jinlong Yu Marble, Guangdong Chuanqi Compound Stone Co. Asia-Pacific was the largest region in the marble market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the marble market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the marble market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The marble market consists of sales of black marble, grey marble, cream marble, red marble, blue marble. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global marble market is segmented - 1) By Type: Natural, Synthetic 2) By Form: Slab, Powder 3) By Color: White, Other Colors 4) By Application: Building and Decoration, Statues and Monuments, Furniture, Other Applications

Independent Artists And Performing Art Companies Market Definition

The independent artists and performing art companies services market consists of sales of independent artists and performing art companies’ services and related goods by entities (organizations, sole traders and partnerships) that are involved in performing in artistic productions, creating artistic and cultural works, and providing the technical expertise necessary for these productions. The providers include independent actors, authors, cameramen, choreographers, costume designers, dancers, music directors, musicians, speakers, and writers among others. The market also includes some of the applied art forms such as industrial design, graphic design, fashion design, interior design and decorative art. The visual art forms are used in advertisements, commercial prints, labels, and cartographic works, such as maps, globes, relief models.

Homeware refers to products that aids in home renovation and are used for indoor home furnishings and layouts. Homewares including interiors play an important role in enhancing the look and feel of the home. The main types of products in homeware are home decoration, furniture, soft furnishings, kitchenware, home appliances, lighting, storage and flooring, bathroom accessories and cleaning, tableware and hardware tools, others. Soft furnishings are fabrics or textiles employed in the home. It includes linens, such as bath and dish towels, table linens, shower curtains, bathroom ensembles, sheets, pillowcases, mattresses, blankets, comforters, rugs and carpeting, draperies, curtains, and upholstery textiles. The products are distributed through homeware stores, franchised stores, departmental stores, online stores, specialty stores and are used for residential and commercial purposes. The homeware research report is one of a series of new reports from The Business Research Company that provides homeware statistics, including homeware industry global market size, regional shares, competitors with homeware share, detailed homeware segments, market trends and opportunities, and any further data you may need to thrive in the homeware industry. This homeware research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global homeware market size grew from $125.19 billion in 2022 to $128.64 billion in 2023 at a compound annual growth rate (CAGR) of 2.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The homeware market size is expected to grow to $143.75 billion in 2027 at a CAGR of 2.8%. Increasing customer spending on home interior designing and household furnishing is expected to drive the growth of the homeware market going forward. Customers desire customized homes with good interior and household furnishings, and the COVID pandemic has increased home renovation and decoration spending even more. As a result of the COVID-19 pandemic, millions of customers are buying new homes and improving their existing ones, and the retail home furnishings category has witnessed a significant boost in both site traffic and spending. For instance, according to Comscore, a US-based media company, retail home furnishings sites saw record high visiting levels in 2020, with a peak of 133 million U.S. unique visitors. Furthermore, as customers spent more time at home and home expenditures became front of mind, online spending on furniture, appliances, and equipment surged to $12.1 billion in Q2 2020, the highest quarter ever. Thus, the growing consumer spending in home interior and furnishing will further contribute to the growth of the homeware market. The usage of social media platforms by homeware product manufacturers has emerged as a key trend in the homeware market. Homeware companies are using social media marketing to build a strong network of brand enthusiasts. Rather than limiting themselves to interior design-focused innovators, businesses are collaborating with a diverse spectrum of social media influencers. For instance, in 2020, Made.com, a UK-based online designer and retailer of homeware and furniture, collaborated with Maéwo, a fashion and lifestyle influencer, to promote their products, and the posts generated more than 5x the average Engagement rate of other Made.com sponsored content. They also launched a social media campaign with the hashtag #madedesign, urging supporters to submit photos of their homes with Made.com products. In June 2021, Ultimate Products, a UK-based consumer goods provider acquired Salter for a deal amount of £34 million ($40.6 million). With this acquisition, Ultimate Products planned to expand Salter's international sales. It will also allow Ultimate Products to diversify and balance the Salter brand portfolio. Salter is a UK-based producer of high-quality homeware brands. Major players in the homeware market are ARC International, Avon Products, Conair corporation, Ikea, International Cookware, The ONEIDA Group, Tupperware Brands Corporation, Zepter international, Lock & Lock, Walmart, Messe Frankfurt Exhibition GmbH, Carrefour SA, Herman Miller Inc., HNI Corporation, and GE Appliances. North America was the largest region in the homeware market in 2022. The regions covered in the homeware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the homeware market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The homeware market consists of sales of curtains, bed covers¸ household equipment, cushions, tablecloths and decorative craft products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global homeware market is segmented - 1) By Product Type: Home Decoration, Furniture, Soft Furnishings, Kitchenware, Home Appliances, Lighting, Storage And Flooring, Bathroom Accessories And Cleaning, Tableware And Hardware Tools, Other Products 2) By Application: Residential, Commercial 3) By Distributional Channel: Homeware Stores, Franchised Stores, Departmental Stores, Online Stores, Speciality Stores

Decorative concrete is a form of concrete that is treated in various ways to enhance its aesthetic appeal. Decorative concrete is used to provide attractive structural and good-looking building surfaces. Decorative concrete involves the treatment of concrete in various ways, such as embossing, polishing, molding, texturing, etching, colouring, embedding items, applying cementitious toppings, or a combination of these. The main types of decorative concrete are stamped concrete, stained concrete, concrete overlays, coloured concrete, polished concrete, epoxy concrete, and others. Stamped concrete offers flooring and other solutions for home and business owners. It replicates tiles, slate and flagstone, wood, and bricks due to its weather resistance and superior durability characteristics. Stamped concrete is used to beautify courtyards, pool decks, entries of residential buildings, and others. The various applications involved are walls, floors, pool decks, driveways and sidewalks, patios, and others, and are used in various sectors such as residential and non-residential. The decorative concrete market research report is one of a series of new reports from The Business Research Company that provides decorative concrete market statistics, including global market size, regional shares, competitors with a decorative concrete market share, detailed decorative concrete market segments, market trends and opportunities, and any further data you may need to thrive in the decorative concrete industry. This decorative concrete market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global decorative concrete market size grew from $16.39 billion in 2022 to $17.44 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The decorative concrete market size is expected to grow to $21.12 billion in 2027 at a CAGR of 4.9%. Rapid urbanisation is significantly contributing to the growth of the decorative concrete market. The term urbanisation refers to the movement of people from rural to urban areas as well as the increase in human population density in urban areas. The need for residential and non-residential buildings is expanding as a result of urbanization, which will propel the decorative concrete industry forward. For instance, according to the United Nations Department of Economic and Social Affairs, by 2050, 68% of the world's population, or 2.5 billion people, will be living in cities. Therefore, rapid urbanisation is expected to propel the growth of the decorative concrete market. 3D concrete printing technology is shaping the decorative concrete market. 3D concrete printing technology, also known as additive manufacturing technology, includes the creation of three-dimensional shapes through computer-controlled sequential layering. It is primarily used for prototyping and manufacturing geometrically complex components. The use of 3D concrete printing technology is growing in the construction industry, as it reduces errors, increases design flexibility, reduces environmental impact, and requires fewer materials compared to traditional building techniques. For instance, in July 2021, Petroleum Development Oman (PDO), InnoTech, and Galfar Engineering and Contracting Company launched the 3D concrete printing facility using 3D concrete printing technology in Ghala. This technology provides a sustainable alternative to traditional building by speeding up the construction process and reducing waste. In July 2021, Renovation Brands, a US-based decor and commercial interior products company, acquired Trueform Concrete and Blendhouse for an undisclosed amount. Through this acquisition, Renovation Brands aims to grow by combining new talented artisans from Trueform Concrete and Blendhouse. Trueform Concrete is a US-based company that creates decorative concrete products for commercial and residential applications. Major players in the decorative concrete market are CEMEX S.A.B. de C.V., HeidelbergCement, BASF SE, 3M Company, SIKA CORPORATION, RPM International Inc., The Sherwin Williams Company, PPG Industries Inc., Huntsman International LLC, Ultratech Cement Limited, Boral Limited, McKnight Custom Concrete, Seacoast Concrete, The Holcim Group, Bomanite India, and Elite Crete Systems. North America was the largest region in the decorative concrete market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the decorative concrete market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the decorative concrete market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The decorative concrete market consists of sales of concrete overlays. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global decorative concrete market is segmented - 1) By Type: Stamped Concrete, Stained Concrete, Concrete Overlays, Colored Concrete, Polished Concrete, Epoxy Concrete, Other Types 2) By Application: Walls, Floors, Pool Decks, Driveways And Sidewalks, Patios, Other Applications 3) By End-user: Residential, Non-Residential

The decorative coatings are applied to buildings and structures for protection, durability, and decoration purposes. Decorative coatings, also known as architectural coatings, consist of paints and coatings used to coat buildings and homes that are designed for a specific use, such as to protect against the wear and tear of a building’s walls. The main types of products in decorative coatings are emulsions, wood coatings, enamels, and others. The emulsion consists of small polymer particles in which the pigments are trapped. These are suspended in water and then fuse after the paint dries, creating a film of paint. The emulsion is a water-based coating. The different resin types include acrylic, alkyd, vinyl, polyurethane, and others and involve various formulations such as water-based, solvent-based, and powder-based. It is used in several applications, including residential and non-residential. The decorative coatings market research report is one of a series of new reports from The Business Research Company that provides decorative coatings market statistics, including decorative coatings industry global market size, regional shares, competitors with a decorative coatings market share, detailed decorative coatings market segments, market trends and opportunities, and any further data you may need to thrive in the decorative coatings industry. This decorative coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global decorative coatings market size grew from $82.68 billion in 2022 to $89.32 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The decorative coatings market size is expected to grow to $113.83 billion in 2027 at a CAGR of 6.2%. The rise in urbanization all over the globe is expected to drive the growth of the decorative coatings market going forward. Urbanization refers to the population movement from rural to urban settings and the increasing human population densities in urban areas. The need for residential and non-residential structures is expanding as a result of urbanization, which will propel the decorative coatings industry forward. For instance, according to the United Nations Department of Economic and Social Affairs, 68% of the world’s population, or 2.5 billion people, are projected to live in urban areas by 2050. Therefore, the rise in urbanization all over the globe is driving the growth of the decorative coatings market. New product innovations have emerged as a key trend gaining popularity in the decorative coatings market. Major companies operating in the sector of decorative coatings are focused on developing advanced products to strengthen their position. For instance, in November 2021, Covestro AG, a Germany-based manufacturer of premium polymers, introduced Decovery® SP-8310, a breathable, multi-purpose resin with a 37 percent bio-based composition, to enable exterior coatings with better outdoor durability. The new solution, which is a member of Covestro's Decovery® family of resins with up to 52 percent bio-based content, meets the demand for more durable outdoor coatings in the decorative coating industry. In June 2021, PPG Industries Inc., a US-based coatings and specialty materials company, acquired Tikkurila for an undisclosed amount. With this acquisition, PPG Industries Inc. intends to use Tikkurila's regional network and a strong portfolio of decorative brands to provide clients with access to new technologies and resources. Tikkurila is a Finland-based chemical manufacturing company that manufactures decorative paints and coatings. Major players in the decorative coatings market are PPG Industries Inc., AkzoNobel, Sherwin-Williams, Valspar, Asian Paints Ltd., Berger Paints Ltd., Cabot Corporation, DAW SE, Jotun, Masco, Brillux GmbH & Co. KG, BASF SE, Diamond Vogel, Kansai Paint Co. Ltd., Kelly-Moore Paints, and RPM International Inc. The Asia-Pacific was the largest region in the decorative coatings market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the decorative coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the decorative coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The decorative coatings market consists of sales of polyester resins and alkyd resins. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global decorative coatings market is segmented - 1) By Product Type: Emulsion, Wood Coatings, Enamels, and Other Product Types 2) By Resin Type: Acrylic, Alkyd, Vinyl, Polyurethane, and Other Resin Types 3) By Formulation: Water Based, Solvent Based, Powder Based 4) By Application: Residential, Non-Residential

A ceiling fan is a device suspended from the ceiling of a room, with hub-mounted rotating blades that circulate the air, thereby producing a cooling effect. They have a better shelf-life, low power consumption, and are cost-effective. It is used to evenly distribute and circulate the air that's in the room and to improve the décor of the rooms. The main types of ceiling fans are standard fans, decorative fans, high-speed fans, energy-saving fans, and other types. Standard ceiling fans are conventional ceiling fans with metal blades used for circulating air in homes and offices. The ceiling fans are applied in residential and commercial buildings and distributed through online and offline channels. The ceiling fans market research report is one of a series of new reports from The Business Research Company that provides ceiling fans market statistics, including ceiling fans industry global market size, regional shares, competitors with a ceiling fans market share, detailed ceiling fans market segments, market trends and opportunities, and any further data you may need to thrive in the ceiling fans industry. This ceiling fans market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global ceiling fans market size grew from $9.48 billion in 2022 to $10.09 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The ceiling fans market size is expected to grow to $11.61 billion in 2027 at a CAGR of 3.6%. The increasing growth of the construction industry is significantly contributing to the growth of the ceiling fans market. Construction is the process of building, altering, repairing, remodeling, improving, or demolishing any structure. Ceiling fans are helpful in the construction industry by introducing premium products such as decorative fans, and lighting fans, which offer higher margins, thereby increasing their profitability. For instance, according to the United States Construction Databook Series, the U.S. construction industry is expected to increase by more than 15% in 2021. Also, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, in December 2021, there were 1,873,000 building permits granted while the number of housing completions stood at 1,295,000. Therefore, the increasing growth of the construction industry is driving the growth of the ceiling fans market. The introduction of air-purifying ceiling fans has emerged as a key trend gaining popularity in the ceiling fans market. Companies operating in ceiling fans are introducing innovative products to meet consumer demand and strengthen their position. For instance, in March 2022, Havells India Limited, an Indian electrical equipment company, launched a Stealth Puro Air, India’s first air purifying ceiling fan with a three-stage air purifier that filters PM2.5 and PM10 pollution, as well as Volatile organic compounds (VOCs). It offers a Clean Air Delivery Rate (CADR) of 130 cubic meters per hour. Stealth Puro Air is designed to promote a healthy lifestyle while also providing excellent comfort and well-being in the fast-paced lives of consumers. In December 2021, Griffon Corporation, a US-based management, and holding company acquired Hunter Fan Company for an undisclosed amount. The acquisition is expected to enhance Griffon's product portfolio while accelerating its growth and online market presence. Hunter Fan Company is a US-based manufacturer of ceiling fans. Major players in the ceiling fans market are Emerson Electric Co., Del Mar Fans & Lighting, Crompton Greaves Consumer Electricals Limited, Shell Electric Mfg. (China) Co. Ltd., Broan-NuTone LLC, Minka Group, Ajanta Electricals, Big Ass Fans, Casablanca, The Henley Fan Company Ltd., Monte Carlo, Mega Home Appliances, and Havells India Ltd. Asia-Pacific was the largest region in the ceiling fans market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ceiling fans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ceiling fans market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The ceiling fan market consists of sales of standard ceiling fan, low-profile ceiling fans, dual-motor ceiling fans, smart ceiling fans, and outdoor ceiling fans. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global ceiling fans market is segmented - 1) By Type: Standard Fan, Decorative Fan, High Speed Fan, Energy Saving Fan, Other Types 2) By End Use: Residential, Commercial 3) By Distribution: Offline, Online

Decorative lighting is a type of lighting that helps to enhance the beauty of enclosed spaces, homes, and outdoor spaces. These lights help create a mood or highlight an object or an area in the room and offer illumination and additional ambiance to a particular area. The main types of decorative lighting are ceiling, wall-mounted and others. The wall-mounted decorative lighting refers to the lighting that fixtures balance overhead light sources and also adds that little something extra to round out the décor. The various sources of light in decorative lighting are light emitting diode (LED), fluorescent, incandescent, other light sources. The different distribution channels involved are offline and online channels. The decorative lighting is used by commercial and household end-users. The decorative lighting market research report is one of a series of new reports from The Business Research Company that provides decorative lighting market statistics, including decorative lighting industry global market size, regional shares, competitors with a decorative lighting market share, detailed decorative lighting market segments, market trends and opportunities, and any further data you may need to thrive in the decorative lighting industry. This decorative lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global decorative lighting market size grew from $37.92 billion in 2022 to $39.91 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The decorative lighting market size is expected to grow to $48.43 billion in 2027 at a CAGR of 5.0%. The growing remodeling and renovation activities are expected to propel the growth of the decorative lighting market. The remodeling and renovation refer to the changing in the structure of the layout and restoring something to a good condition. The COVID-19 pandemic saw an increase in remodeling of enclosed spaces like bedrooms and kitchens, caused by consumers working from home and social distancing. Decorative lighting plays a key role in modern renovation activities, it helps with bringing interest to a particular object or an area in a room. Different shades and colors of fixtures and fittings enhance and vary the perception of size and space available. For instance, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University, year-over-year gains in annual improvement and repair spending reached 9% in the fourth quarter of 2021 and will maintain that pace into 2022, with annual improvement and repair expenditures to reach $400 billion by the third quarter of 2022. Therefore, the growing remodeling and renovation activities will drive the decorative lighting market. Strategic partnerships are shaping the decorative lighting market. Companies in the manufacturing of decorative lighting products are undergoing partnerships to develop and provide better lighting solutions. For instance, in April 2021, Trilux, a company that manufactures and develops decorative lighting based in Germany partnered with Carl Stahl Group, a manufacturer of decorative lighting products based in Germany. Through this partnership, Trilux expanded its portfolio in the network of international cooperation partners and decorative lighting solutions for facades and also aimed to provide customers with customized DMX-controlled LED solutions in the future. In February 2022, Acuity Brands Inc., a US-based industrial technology company comprising an indoor decorative lighting portfolio extended its partnership with Microsoft, a US-based technology company. This partnership allows Acuity Brands Inc in bringing new capabilities to Acuity brands including smart lighting, lighting controls, and building automation solutions by combining the power of Microsoft’s Cloud for Sustainability and Microsoft Azure IoT. In November 2020, Aamsco Lighting, a US-based company providing lighting solutions globally, acquired Lightly Technologies for an undisclosed amount. With the acquisition, Lightly Technologies will have greater global accessibility and strategic marketing in the United States. Aamsco Lighting will also be able to offer unique, ultra-thin lighting designs using both OLEDs and LEDs edge-lit panels. Lightly Technologies is an Ireland-based company that specializes in Ultra-thin LED lighting technology for decorative, architectural, and automotive lighting. Major players in the decorative lighting market are Acuity Brands Lighting Inc., Bridgelux Inc., General Electric Co., Honeywell International Inc., OSRAM Light AG, Signify NV, AB Fagerhult, Ideal Industries Inc., Fagerhult Group Inc., Hubbell, Amerlux, Littmann, Havells, Savant Systems Inc., and Cree Lighting. North America was the largest region in the decorative lighting market in 2022. Asia- pacific is expected to be the fastest-growing region in the forecast period. The regions covered in decorative lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Decorative Lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The decorative lighting market consists of sales of chandelier, hall and foyer lights, pendant lights, track lights, recessed lights, rail lights, and cove lights. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global decorative lighting market is segmented - 1) By Product: Ceiling, Wall-Mounted, Other Products 2) By Light Source: Light Emitting Diode (LED), Fluroscent, Incandescent, Other Light Sources 3) By Distribution Channel: Offline, Online 4) By End Use: Commercial, Household

Wall decor refers to the decorative items such as paintings, wall art, clocks, decals, and others that are used in home décor to create an ambiance that enhances the touch and feel of the room, making the place more connected and increasing the value of the property. These are used to create the aesthetic look of households and office walls to give an artful appearance. The main types of products in the wall décor market are shelves, wall stickers, hangings, frame works, mirrors, metal works, wall art, paintings, and other products. Shelves are used as closets, bookcases, and others to hold objects on walls. Shelves are commonly made up of flattened wood that is mounted on walls about hold objects and to give an aesthetic look to the wall. The different base materials include wood, fabric and textiles, plastic, glass, and metal, which are distributed through several channels such as wholesalers and distributors, hypermarkets and supermarkets, specialty stores, online retailers, and others. The various applications include household, office and business, medical and dental facilities, hotels and spas, restaurants, cafés and bars, and others. The wall décor market research report is one of a series of new reports from The Business Research Company that provides wall décor market statistics, including wall décor industry global market size, regional shares, competitors with a wall décor market share, detailed wall décor market segments, market trends and opportunities, and any further data you may need to thrive in the wall décor industry. This wall décor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global wall décor market size grew from $52.7 billion in 2022 to $55.54 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wall décor market size is expected to grow to $65.39 billion in 2027 at a CAGR of 4.2%. The increasing inclination toward creating an aesthetic look in households and offices is expected to propel the growth of the wall decor market going forward. Aesthetic refers to enhancing the look of things or objects in an artful way that creates pleasant and positive value for the object. People are more focused on interior design to create an aesthetic look for households and offices that helps in adding functionality to places. Wall decor gives an aesthetic look to the house and office walls with their paintings and designs. For instance, in May 2021, according to the Home Decor Survey carried by Sullivans in the United States, a US-based company operating in home décor, approximately 76% of people plan to buy the same or more amount of home décor as compared to the last year, and also, 24% of the consumers are expected to buy new décor than purchased previously. Therefore, the increasing inclination toward creating the aesthetic look of households and offices is driving the growth of the wall decor market. New product innovations are the key trend gaining popularity in the wall decor market. Major companies operating in the market are introducing new products to gain a competitive advantage. For instance, in December 2020, Spacekit, a US-based home décor company, launched a customizable, modular wall décor system for homes and offices. These are made up of designed strips and variously textured art panels that can be hung in a variety of ways. Spacekit’s snap-and-go design and self-contained framing system allow easy reconfiguration and even removal when changing up a room, or moving to a new home. The panels are made from a 100% tree-free, wood alternative, making them a stylish and sustainable design choice. In January 2021, Circle Graphic, a US-based company operating in wall decor, acquired Graphik Dimensions, LLC for an undisclosed amount. Through this acquisition, Circle Graphic would strengthen its wall decor product portfolio and also plan to develop new and innovative products in wall decor. Graphik Dimensions LLC is a US-based company operating in wall décor. Major players in the wall décor market are Bed Bath & Beyond Inc., The Home Depot, Inter IKEA Systems B.V., Lowe's Companies Inc., Ethan Allen Interiors Inc., J.C. Penney, Paragon, PTM IMAGES, Artissimo Designs LLC, Green Front Furniture, STUDIO MCGEE, Northern Oaks Décor Co, Crate and Barrel, and Stratton Home Décor. North America was the largest region in the wall decor market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wall décor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the wall décor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The wall decor market consists of sales of wall hangings, wall fabrics, and wall sconces. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global wall décor market is segmented - 1) By Product Type: Shelves, Wall Stickers, Hangings, Frame Works, Mirror, Metal Works, Wall Art And Painting, Other Products 2) By Base Material: Wood, Fabric And Textile, Plastic, Glass, Metal 3) By Distribution: Wholesalers And Distributors, Hypermarkets And Supermarkets, Specialty Stores, Online Retailers, Other Distributions 4) By Appilcation: Household, Office And Business, Medical And Dental Facilities, Hotels And Spas, Restaurants, Cafés And Bars, Other Applications