Stretched Canvas Market
Stretched Canvas Market - Global Assessment 2021 - 2031, Industry Analysis and Opportunity
Stretched Canvas Market Segmented By Primed and Unprimed Type in Cotton, Linen and Synthetic Fiber Material in Oil Paint, Acrylic Paint and Water-based Paint Type
Stretched Canvas Market Forecast and CAGR
According to the latest research, sales of stretched canvas is set to witness steady growth with a CAGR of over 5.4% during 2021-2031. Demand for stretched canvas witnessed substantial drop in demand and sales throughout the COVID-19 pandemic period. Post-pandemic the anticipated growth in the number of art lovers is expected to see a rise in demand for stretched canvas.
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What is Driving Demand for Stretched Canvas?
Manufacturers are increasingly adopting to the various natural as well as synthetic canvases that are used for painting purposes. The boom in number of such art lovers has been a major contributing factor towards the growth of the market.
Use of primed canvas by professional artists has been another major driver towards the adoption of such canvases in artist population. The characteristics of primed canvas in oil painting to avoid the sagging and cracking has been one of the greatest achievement.
One of the key factors driving the worldwide market's growth is rising consumer base in the art enthusiast category. The rise of antique painting purely in oils and the method to enhance such art forms through stretched canvas has been a driving factor.
Moreover, the market is predicted to grow in response to rising customer demand for wallpapers in home decor that are equipped with stylish wooden and metallic art frames that can be attributed to the longevity of such arts, correspondingly, acting as a major factor in the market growth.
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Trend of Natural and Organic Canvas Likely to Augment Sales
Various governments around the world have regulated the use of chemical induced canvases that are more harmful to the eyes and skin. Moreover, increased cases of harms from such materials to the infants has been a major topic of discussion and in turn, increased awareness and benefits regarding natural and organic materials used in making canvases.
Furthermore, increased demand from artists for eco-friendly and chemical free canvases has been a major contributing factor in the growth of the industry.
The growing awareness about the use of natural fabrics is appealing to the customers and a high number of customers are opting for such natural and chemical-free stretched canvas that also on the other hand provide sense of responsibility towards the environment and ourselves and is a leading to augmented sales of natural material canvases.
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Impact of COVID-19 on Stretched Canvas Market
The coronavirus outbreak has had a significant impact on a wide range of organizations as well as all stages of their supply and value chains. Consumer goods is one of the industries that is now suffering as a result of the pandemic.
Raw material supply is one of the most important sections of the market's value chain, where key companies and vendors are experiencing issues due to insufficient logistics, traffic control, and public mobility restrictions in affected nation-states around the world, which can cause supply interruptions. As a result of the pandemic, major market participants have had to reassess their contingency plans and risk management.
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US and Canada Stretched Canvas Market Outlook
The rapidly growing art enthusiasts in regions like North America, as well as customer demand for natural oil painting canvas in the region, are two major factors driving the use of stretched canvases.
Furthermore, due to environmental concerns, there has been a reasonable demand for organic canvases in recent years, and this, together with the rising number of household remodeling projects and home decor in the region has generated a potential market for the competitors.
One of the major trends in the US and Canada region that is attracting customer attention is the shift from traditional to contemporary materials used in painting. Moreover, the growing demand from professional artists has also generated a high volume of sales for the manufacturers in the region.
Europe Demand Outlook for Stretched Canvas
In the coming years, the European commercial market is expected to be the largest and fastest-growing segment. Many companies are now practicing aggressive promotional strategies. The growing significance of home remodeling and, as a result, the use of better canvases is predicted to drive up the demand in the market.
The expansion of the canvases that offer excellent stability, flexibility, and are very lightweight has had a positive impact on the regional market. The desire of regional customers for a choice of better quality fabrics with long-agility has given top brands the opportunity to supply and meet customer demand.
Stretched canvas has earned broad preference among the majority of painters in the region because it offers some important advantages such as cost, weight, ease of handling, and transport, and tradition. With widespread use of canvas in painting across England, where canvases are standardized and manufactured to be sold to professional artists has attracted a high number of top brands in the region.
Who are the Key Manufacturers and Suppliers of Stretched Canvas?
Some of the leading manufacturers and suppliers of stretched canvas include
- YINYING SPORT & STATIONERY
- Phoenix Artists Group
- CONDA Group
- Anhui Zhongsheng Group
- Winsor & Newton
- Shuyang Sundy art and craft Co.
- Tara Materials Inc.
- Masterpiece Artist Canvas
- Circle Graphics Inc.
- Among others.
- Synthetic Fiber
By Paint Type
- Oil Paint
- Acrylic Paint
- Water-based Paint
By End User
- Professional Artists
- Art Students
- Other Art Lovers
By Sales Channel
- Specialty Stores
- Independent Retail Stores
- Online Retailers
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- Northern Africa
- South Africa
- Rest Of Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Stretched Canvas Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.