Big picture: Downstream demand for frames will strengthen industry revenue

Picture framing stores experienced has been on the rebound as incomes and consumer confidence have improved from recent lows. Over the next five years, the Picture Framing Stores industry will continue to improve, supported by a recovery in employment and disposable income. While the marriage rate's continued decline will cut into demand and external competition will threaten profit margins, demand from art dealers will strengthen industry revenue over the five years to 2022...read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 12-17
2.3%
Forecast Growth 17-22
Profit
Employment
23,009
Businesses
9,885
Market Share of Companies
What Our Customers Say

Industry Threats & Opportunities

  • Demand from art dealers and improved consumer confidence will facilitate growth
  • Rebounding consumer spending has resulted in increased industry revenue
  • A greater number of Americans returning to work will increase demand for industry services
  • Industry Report - Industry Locations Chapter

    Similar to most retail industries in the United States, the geographical spread of the Picture Framing Stores industry closely reflects the distribution of the population. The greater the number of residents, the stronger the demand will be for industry products. In 2017, IBISWorld estimates that establishments will be highly concentrated in the Southeast region, which captures the highest share of the US population at more than 25.0%.Based on US Census Bureau data and IBISWorld estimates, the Southeast region is expected to account for 24.5% of total establishments in 2017. In turn, population projections indicate that this region will also account for the largest share of the nation's population. Acc...purchase to read more.

    Additional Insights for the Picture Framing Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Picture Framing Stores Industry are

  • Ability to control stock on hand
  • Proximity to key markets
  • Attractive product presentation
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Households earning more than $100,000 in the Picture Framing Stores industry impact industry performance..

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    What is the Picture Framing Stores Industry?

    This industry primarily provides custom framing services for pictures and other items. Industry establishments may also retail ready-made frames and other crafting supplies. This industry does not include broad-line crafting stores that also offer framing services.

    Industry Products
  • Custom framing
  • Photo frames
  • Ready-made frames
  • Industry Activities
  • Providing custom framing
  • Selling ready-made frames
  • Selling other craft supplies
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Households earning more than $100,000
  • Price of plastic materials and resin
  • Marriage rate
  • Demand from art dealers

  • Current Performance
  • Industry revenue rebounds
  • Industry landscape
  • Lumber prices pressure profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Disposable income rises
  • Potential threats
  • Profit to return, employment to rise
  • Table: Picture Framing Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Picture Framing Stores Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Hobby & Toy Stores
  • Department Stores
  • Warehouse Clubs & Supercenters
  • Photography
  • Performers & Creative Artists
  • Consumers

  • Key Selling Industries
  • Paint Stores
  • Plastics Wholesaling
  • Tool & Hardware Wholesaling

  • Products & Services
  • Custom framing
  • Ready-made frames
  • Photo frames
  • Other
  • Chart: Picture Framing Stores Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Households with incomes over $76,001
  • Households with incomes between $47,001 and $76,000
  • Households with incomes from $27,001 to $47,000
  • Households with incomes under $27,000
  • Chart: Major Market Segmentation for the Picture Framing Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation, marketing, rent and utilities and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Picture Framing Stores

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Picture Framing Stores Industry

  • Industry Globalization
    Aaron Brothers Inc.
  • Table: Aaron Brothers Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Picture Framing Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Picture Framing Stores Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Per capita disposable income (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Glazing
  • The application of glass or acrylic to cover art.
  • Laminating
  • The process of adhering a clear plastic film over something to seal it.
  • Matting
  • The process of surrounding art (e.g. photos and prints) with a border that provides spacing between the art and the frame.
  • Why buy this report?

    IBISWorld’s Picture Framing Stores Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Picture Framing Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Picture Framing Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Picture Framing Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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