StageAcquired | Acquired
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Expert Collections containing Saatchi Art
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Saatchi Art is included in 1 Expert Collection, including E-Commerce.
Latest Saatchi Art News
Nov 30, 2022
The global wall art market was valued at $20.40 billion in 2021, and is projected to reach $34.77 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. The application of wall decor is a practical and cost-effective technique to revitalize the room's interior. A rise in desire for individualized and personalized wall decor is what is fueling the wall art market's expansion. Its expansion is being fueled by the availability of high-end products in the market. Directly influencing the expansion of the wall art market are the customer's financial capacity and newly built or renovated properties. Walls are being updated with frames and murals for a new look in homes and offices. The market for wall art is being boosted by the rise in demand from the residential and commercial sectors. The rise in the level of living and the increased availability of high-end goods are two major reasons fueling the expansion of the wall art market. The rise in home remodeling is primarily attributable to improved lifestyles and greater disposable income. The popularity of the Internet and social media, as well as contemporary and trendy home decor items like wall decor, are driving up demand for house improvements. Due to widespread acceptance and consumer preference for personalized goods, wall art is in greater demand. Major wall art dealers are diversifying their product offerings in response to the increasing and varied demand brought on by globalization. The rising level of life and the need for premium, innovative products that complement the design and aesthetics of homes will additionally fuel demand for wall art during the forecast period. The wall art market is analyzed on the basis of type, price point, sales channel, and region. By type, the market is divided into modern, abstract, and others. By price point, it is classified into premium and mass. By sales channel, the market is divided into auction houses, specialty stores, e-commerce, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (United Arab Emirates, Brazil, South Africa, Nigeria, Saudi Arabia, and rest of LAMEA). The impact of the COVID-19 outbreak was negative on the growth of the global wall art market. The trade restrictions and lockdown resulted into halting of production and manufacturing units. Conversely, the recovery of the wall art market is expected in near future. The prospect for investing in interior design has been recognized by interior designers and design firms, who are attempting to establish trends that will encourage homeowners to do so. The tendency toward interior design and designer wall art is further increased by increased media penetration and awareness of the artistic talent of various locations. The interest in interior design is greatly raised by the rising number of working women and their increased involvement in domestic decision-making. The major players operating in the global wall art market are Etsy, Society 6, Saatchi art, 1000 Museums, Paintru, Artfinder, Redbubble, Schoolhouse, Urban Outfitters, Rifle Paperco, One Kings Lane, Big Wall Decor, Wayfair, Z Gallerie, and Art.com. Key Benefits This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the wall art market analysis from 2021 to 2031 to identify the prevailing wall art market opportunities. The market research is offered along with information related to key drivers, restraints, and opportunities. Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. In-depth analysis of the wall art market segmentation assists to determine the prevailing market opportunities. Major countries in each region are mapped according to their revenue contribution to the global market. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players. The report includes the analysis of the regional as well as global wall art market trends, key players, market segments, application areas, and market growth strategies. Report Attribute 4.1 Overview 4.2 Modern 4.2.2 Market size and forecast, by region 4.2.3 Market analysis by country 4.3 Abstract 4.3.2 Market size and forecast, by region 4.3.3 Market analysis by country 4.4 Others 4.4.2 Market size and forecast, by region 4.4.3 Market analysis by country CHAPTER 5: WALL ART MARKET, BY PRICE POINT 5.1 Overview 5.2 Premium 5.2.2 Market size and forecast, by region 5.2.3 Market analysis by country 5.3 Mass 5.3.2 Market size and forecast, by region 5.3.3 Market analysis by country CHAPTER 6: WALL ART MARKET, BY SALES CHANNEL 6.1 Overview 6.2 Auction Houses 6.2.2 Market size and forecast, by region 6.2.3 Market analysis by country 6.3 Specialty Stores 6.3.2 Market size and forecast, by region 6.3.3 Market analysis by country 6.4 E commerce 6.4.2 Market size and forecast, by region 6.4.3 Market analysis by country 6.5 Others 6.5.2 Market size and forecast, by region 6.5.3 Market analysis by country CHAPTER 7: WALL ART MARKET, BY REGION CHAPTER 8: COMPANY LANDSCAPE
Saatchi Art Frequently Asked Questions (FAQ)
When was Saatchi Art founded?
Saatchi Art was founded in 2006.
Where is Saatchi Art's headquarters?
Saatchi Art's headquarters is located at 604 Arizona, Santa Monica.
What is Saatchi Art's latest funding round?
Saatchi Art's latest funding round is Acquired.
How much did Saatchi Art raise?
Saatchi Art raised a total of $11.15M.
Who are the investors of Saatchi Art?
Investors of Saatchi Art include Leaf Group, Greycroft, Balderton Capital and Project A Ventures.
Who are Saatchi Art's competitors?
Competitors of Saatchi Art include Gallea and 2 more.
Compare Saatchi Art to Competitors
Singulart is a platform where users can purchase art directly from artists around the world.
KAZoART is a marketplace that allows art lovers to discover new contemporary artists and buy original works of art online from the artists.
helloart is a software startup in the art-tech sector that links businesses with regional artists to exhibit and sell their work. It helps businesses improve their settings, customer experiences, and relationships with the community by making local art rotation services available for purchase both in-person and online. It was founded in 2019 and is based in Toronto, Ontario.
Artsy is a platform for learning about and collecting art online, from top galleries, museums, art fairs, and auction houses. The company partners directly with art players, providing collectors and enthusiasts with a resource to learn about and purchase artwork from anywhere in the world.
Artfinder is a service that aims to help users discover, experience, and share art. Its platform allows users to shop original, affordable art from artists around the world. It was founded in 2010 and is based in London, England.
TRiCERA operates a Japanese arts & crafts marketplace that enables Japanese artists to share their products on a global scale. The company provides a comprehensive all-in-one service, covering pick-up, export arrangement and delivery, branding and marketing, multilingual support, and returns.
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