A picture frame online is a decorative and protective edge for an image, such as a photograph or painting. The presentation of artwork, the framing of a mirror, and the framing of a photograph are some of the key motivators that drive the use of photo frames.
The COVID-19 pandemic had a major influence on the trade and industry sectors. Manufacturers are figuring out how to recover from the current scenario by reorganising their sales channels and introducing new products. The length of the viral spread is still a critical component in determining the pandemic's total impact. However, after 2021, the worldwide Online Picture Framing market is likely to stabilise. The epidemic had no significant influence on the liquor sector.
The global Online Picture Framing market size is expected to reach close to USD 8,845.8 million by 2029 with an annualized growth rate of 5.2.% through the projected period.
Based on Type,
The market is separated into two types of Online Picture Framing: Hanging and Tabletop. During the forecast period, the sub-segment of the Online Picture Framing market is estimated to have the biggest market share. Demand for high-quality industrial valves has increased in the Consumer Goods and other industries. At the moment, the demand for Online Picture Framing is also being driven by the need to reduce the danger of contamination. The rising worry regarding the business and industry is projected to drive the Consumer Goods Online Picture Framing market.
Based on Application,
The market is classified into three categories based on the Online Picture Framing application: Personal Photos, Artwork, and Others. Application valves for online picture framing are one of the most essential and necessary components of today's modern technological civilization. In the worldwide Online Picture Framing market, the market segment is estimated to have the biggest market share.
Based on Region,
The picture frame market in the world is predicted to be dominated by Asia-Pacific. The region is a major exporter of home décor and wood goods across the world, and major shops are assisting local producers in expanding their product lines. Walmart, the world's largest retailer, has launched a new furniture and home décor purchasing site. Asia-Pacific is a significant exporter of pictures, picture frames, and mirror items worth USD 255 million, according to the Observatory of Economic Complexity (OEC). For almost a decade, the picture frame has been one of the most popular consumer items. As emerging nations see tremendous demand for home furnishings and other related items, the regional picture frame industry is growing at a breakneck pace. The regional e-commerce business facilitated easy access to home décor items, providing lucrative chances for manufacturers of all sizes to promote their products on online platforms and reach a large audience. The Shakti programme was launched by Hindustan Unilever Limited (HUL) to empower women in rural India. This is assisting rural women in becoming financially independent and starting businesses. Furthermore, in 2010, the firm launched the Shaktimaan project, which encourages men to assist women by selling and distributing handcrafted items like as photo frames. The burgeoning urban population in the region is one of the factors catalysing the market growth.
The growing popularity of framing a certificate in homes, businesses, schools & colleges, stores, clinics, and other locations is a significant driving reason for the market's growth. This is due to the fact that issuing certifications, particularly in clinics, schools and colleges, and other training institutes, helps to gain more trust and loyal customers who can later act as word of mouth for the growth of the business. This is one of the driving factors for the growth of the photo frame market.
Vacation photos, landscapes, art prints, family pictures, and other decorative items enhance the charm of a living area. Online These photographs are displayed in photo frames, which adds to the wall decorating. In recent years, as the number of residential and commercial buildings has increased, so has the need for picture frames. Picture frames are classified into two types: hanging frames and table top frames. Furniture is utilised to embellish dwellings, while the walls are frequently left unadorned. Bedrooms, kitchens, bathrooms, corridors, workplaces, and restaurants all have pictures and artwork on their walls. Picture frames are increasingly being used in commercial and residential building renovations.
The global picture frame market revenue is expected to reach up to USD 8,845.8 million at a CAGR of 5.2%.
According to Eurostat, in 2021, households in the European Union spent 5.5 percent of total expenditure on furnishing and household maintenance. This explains the high level of interest in home decoration among European families, resulting in a significant increase in demand for hanging photo frames. Some of the determinants likely to boost market growth are growth in the real estate sector and an increase in interior design services. Other factors such as the growing popularity of interior design around the world and rising disposable income are also fueling market growth. According to BIFMA, the North American commercial furniture market will be worth USD 17.89 billion in 2021, with segments including office, educational, and healthcare. This reflects the growing popularity of commercial furniture in the office, education, and healthcare sectors, which is driving demand for tabletop frames to display personal photos, certificates, and degrees. The availability of discounts and more food options on online food services, on the other hand, changed consumer preferences and attitudes toward restaurants, causing the business to suffer. As a result, restaurants are increasingly focusing on furnishing an aesthetic look, such as decorating walls with picture frames, in order to attract a large customer base.
Some notable players in the global picture frame market include 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 (Pottery Barn).
Online Picture Framing Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 8,845.8 million|
|Growth Rate||CAGR of 5.2 % during 2021-2028|
|Segment Covered||Type, Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||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 (Pottery Barn).|
Key Segments of the Global Online Picture Framing Market
- Table top
- Personal Photos
Regional Overview, 2018-2028 (USD Billion)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa