![]() ![]() Art pictures are known for their intricate and unique work, making them one of the most valued possessions. Artworks - One of the Most Valuable PossessionsĪrt pictures are a unique set of fragments that possesses a depiction of independent life, historical significance, symbolic images, or literary characters. As a consequence, restaurants are increasingly focusing on furnishing aesthetic looks, which involves decorating walls with picture frames to garner a vast customer base. However, the availability of discounts and more food options on online food services altered consumer preference and attitude toward restaurants, hampering the business. This indicates the rising popularity of commercial furniture across the office, education, and healthcare sectors, thereby stimulating the demand for tabletop frames to display personal photos, certificates, and degrees. According to BIFMA, the North American commercial furniture market accounted for USD 17.89 billion in 2016, which covered the office, educational, and healthcare sectors. Some of the other factors like the growing popularity of interior designing across the globe and increasing disposable income are also providing an impetus to market growth. Growth in the real estate sector in tandem with a rise in services for interior designing are some of the determinants likely to boost market growth. This explains the considerable attention European families have toward home decoration, involving a significant surge in demand for hanging photo frames. Market Dynamics Growing Popularity of Interior DesignersĪccording to Eurostat, households in the European Union have spent 5.5% of the total expenditure on furnishing and household maintenance in 2016. ![]()
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