Global Online Picture Framing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Online Picture Framing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Online Picture Framing market finds that the global Online Picture Framing market reached a value of USD 1013.74 million in 2022. It’s expected that the market will achieve USD 1783.72 million by 2028, exhibiting a CAGR of 9.88% during the forecast period.

Driving Factors for this Market

The main driving force of Online Picture Framing market comes from two aspects. First, the increase in residents' disposable income brought about by economic development makes people pay more attention to the quality of life. In addition, the rapid progress of urbanization has brought about the demand for house decoration and is also one of the growth drivers of the global Online Picture Framing market. Second, the price of picture frames sold in offline physical stores is generally high, and the adaptation to works of non-standard sizes is not high. Online Picture Framing solves this problem well, and at the same time provides consumers with diversified choices. The above factors have jointly promoted the growth of the Online Picture Framing market.

Factors Challenging the Market

The main challenges faced by the Online Picture Framing market come from two aspects. First, the rapid development of electronic storage media has reduced the need for some photos to be stored in the form of photo frames. This requires Online Picture Framing manufacturers to introduce more design picture frames to attract consumers. By. The second is that the rise of highly customized picture frames poses challenges to the design department of Online Picture Framing manufacturers. How to deal with the ever-increasing demand for customization is a challenge that Online Picture Framing manufacturers need to cope with.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Larson-Juhl, Framebridge and American Frame with the revenue market share of 4.87%, 4.34% and 2.29% in 2019.

Larson-Juhl is the global leader in the custom picture frame industry, offering sophisticated moulding design, unmatched quality & service and simple, relevant global solutions to bring the world to customers.

Framebridge first launched in 2014 with a simple premise: take the pain out of custom framing. The startup lets users browse framing options on the website and see exactly what the piece would look like via website or app. Once the user chooses a frame, Framebridge sends a shipping label and materials to the user, who then sends it to be framed in the Framebridge framing center.

Segmentation Overview:

Among different product types, Hanging segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Artwork segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Online Picture Framing market covered in Chapter 3:

Larson-Juhl
Frameshop
NBG Home
Frame USA
Level Frames
IKEA
Framebridge
American Frame
HALBE-Rahmen GmbH
Huahong Holding Group
Frame It Easy
EasyFrame

In Chapter 4 and Chapter 14.2, on the basis of types, the Online Picture Framing market from 2018 to 2029 is primarily split into:

Hanging
Tabletop

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Online Picture Framing market from 2018 to 2029 covers:

Personal Photos
Artwork
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)