Market Size of India Wall Decor Industry
| Study Period | 2020-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 626.20 Million |
| Market Size (2029) | USD 865.64 Million |
| CAGR (2024 - 2029) | 6.69 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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India Wall Decor Market Analysis
The India Wall Decor Market size is estimated at USD 626.20 million in 2024, and is expected to reach USD 865.64 million by 2029, growing at a CAGR of 6.69% during the forecast period (2024-2029).
The rising government initiatives and investments in infrastructural developments in India supported the growth of the wall decor industry. The change in consumer preferences toward fully furnished homes increased the sales of wall decor products. Due to the increased income of consumers in India, people are more encouraged to spend on aesthetic wall decor items. The commercial spaces in India are also investing more in wall decor products that offer comfort and aesthetic value.
A significant transformation happened in wall decor products in India because of the integration of smart home technology. Consumers increasingly demand products with properties like changing colors, digital art, and voice assistance to add interactivity and functionality to their living spaces. Wall decor businesses in India are collaborating with niche artists and designers to introduce exclusive and limited-edition art collections. Enterprises focus on specific themes and creative partnerships to increase demand for unique and rare pieces.
E-commerce platforms played an essential role in expanding the business of wall decor products in India by colluding with artists and designers to add exclusive offerings. Businesses are maintaining a solid online presence, optimizing supply chains, and addressing sustainability concerns for shaping market growth.
