Picture Frame Moulding Market Scope
A Picture frame moulding is defined as, the actual material we use to cut down to size to make our picture frames. Acrylic is best material used for picture frame moulding. Picture frame is used for protective and decorative edging for a picture, such as a painting or photograph.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Picture Frame Moulding market throughout the predicted period.
Huahong Holding Group (China), Intco Framing (China), Larson-Juhl (United States), Nielsen Bainbridge (United States), Dunelm (United Kingdom), Pottery Barn l (United States), Habitat (United States), HALBE-Rahmen (Germany), Kirklands (United States) and Z Gallerie (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Bellini (United States) and SPAGL (India).
Segmentation Overview
The study have segmented the market of Global Picture Frame Moulding market by Type (Hanging Frames and Table top Frame), by Application (Personal Photos, Art Pictures and Other) and Region with country level break-up.
On the basis of geography, the market of Picture Frame Moulding has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Growing demand for new designs of moulding
Market Growth Drivers:
Increasing demand for attractive and different varieties of frames
Challenges:
Lack of awareness regarding frame moulding
Restraints:
High Cost of materials
Opportunities:
Availability of different attractive frames attract more customers
Market Leaders and their Expansionary Development Strategies
In July 2023, Shandong Intco Recycling Resources Co. Ltd acquired Larson-Juhl, a leading manufacturer and distributor of picture frames and mouldings. The acquisition aims to expand Intco's global presence and product portfolio in the picture frame market. Larson-Juhl will continue to operate as a separate entity under the Intco umbrella.
In 2021, The Pantone Color Institute has announced its Color, for the first time which was having two colors. The Colors of 2021 are Ultimate Grey & Illuminating Yellow.
Key Target Audience
Venture Capitalists, Manufacturers, Distributors and Suppliers, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.