A wide range of people want to buy wall art every day for their home decoration. However, there is also more competition as time goes on to sell it. but the e-commerce business expanding at a similar rate and offers vast opportunities.
I've collected some data that can help you out and provide a deeper overview. This will help you decide if this wall artwork business is right for you. While the wall decor industry is competitive, new styles and appealing art decor emerge constantly, just like an ever-expanding collection of images on the internet.
I have market analysed different marketplaces to gain a deeper look of monthly metrics like sales volume, listing competitiveness, and the Top-performing regions for wall art. Here are the data that will make you decide about this market.
(Instead of covering all markets, I focused on the biggest to give you the most relevant information.)
There are many different types of wall art on the market. Some types are popular during certain times for the year just like seasonal, while others are always in demand.
In the Google Trends Report of the past year, it is said that the market looks stable based on its statistics. Take a look at it.
According to last year's data, we have seen a 75% percentage trend over the entire year, based on the data we collected last year.
According to the Fortune Business Insights Wall art report analysis, the size of the market for the year 2024 is estimated to be around 63.61 billion dollars. In the coming years, the growth rate of this market will be 8.55 % annually, while the total value of the business in 2032 will rise to 118.79 billion USD.
If you want to sell your physical art online, you should be able to check the data to ensure that the market that you select is reliable. You will find this to be helpful for you.
It is true that the United States market is experiencing rapid growth, because this is one of the world's major markets. The total estimated sales are approximately more than 767.22k sales of wall art businesses which sell on different online platforms.
UK: The wall art market is growing, and the average sales are more than around 261k.
Australia has approximately 47.46k online sales per month.
I will show you data that will help you understand how much a product costs on the online market. While framed wall decor artwork product prices vary by size, dimensions, weight, texture, quality, canvas, and packaging. I will provide you with minimum and maximum prices. This will help you make a decision in that market.
The average price for a single product is $30.16.
Depending on the variation, I will give you a price estimate.
In terms of price, a minimum price range of $22 is possible, and a maximum price range of $198 is possible.
Walls Arts costs vary depending on its type. But I will give you an idea of how much it will cost. Wall art prices vary based on size, materials, and complexity. It depends on your preferences and resources, but I can give you some estimates.
Paper with print: Let's discuss how much things cost in bulk now. Because it tells you the lowest price when you buy more than 10 or 15 items. It will cost between 4 and 14 dollars per item to print digitally and on paper. But when we talk about painting, oil paint or texture, the cost ranges from $26 to $60 per product.
Frame: The price per item is between $2 and $4 if you buy in bulk. Different sizes and types cost different amounts. Prices range from $10 to $18 per item, with $25 being the most expensive and getting a larger or better frame.
Packaging: When shipping the item, you should be very careful to prevent damage. In packaging wall art. Bubble wrap, foam corner protectors, cardboard, poly bags, air pillows, and branding are among the things used. The entire cost is between $2 and $6, and the price varies depending on the canvas and frame size.
The answer is, of course, it will be worth it in 2025 because the framed wall art market is stable and growing at an average rate of 8.55% annually. Start with some investment with the right strategy. While you face competition just like every market does. Keep in mind that by starting with a unique product and an appropriate style, you can increase your sale chances. Additionally, choose the correct region for your product from the best-selling regions mentioned above.