Home Decor Market: Global Industry Analysis and Forecast (2024-2030)

 Home Decor Market size was valued at US$ 691.58 Bn in 2022 and the total revenue is expected to grow at a CAGR of 3.9% through 2023 to 2029, reaching nearly US$ 903.97 Bn.

Home Decor   Market Overview:

The global  Home Decor   Market Research Report 2022-2029 by Maximize Market Research is a customized and in-depth analysis of the  Home Decor   industry, with a focus on the global market trend in the same forecast period.

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Home Decor   Market Scope:

The worldwide ”  Home Decor   Market” study looks at important industry factors including progress, segmentation, growth prospects, opportunities, challenges, and competitive analysis. The segmentation analysis focuses on revenue and forecast by region, kind, and application for the period 2021-2027. This study investigates the market size, development status, and forecast, as well as a company profile. It also provides information on the competitive climate as well as data from the most important firms.

Home Decor   Market  Drivers:

The development of the global real estate & commercial construction industry is one of the important influences driving the development of the online home decor market. The other major factor contributing to online home decor sales is the growing number of renovation & modification projects. Factors like the rising tech-savvy population, growing internet penetration, & the development of the organized online retail sector have encouraged residents to order home furnishing items online. Moreover, the availability of numerous online home decor vendors, with wide product offerings, is providing consumers with a wide range of furniture & furnishings to choose from. As a result, the online home decor market development should be enormous during the forecast period.

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Home Decor   Market  Segmentation:

by Product Type

Furniture
Home Textile
Floor Covering

by Price

Premium
Mass

by Income Group

LOWER-MIDDLE INCOME
UPPER-MIDDLE INCOME
HIGHER INCOME

by Distribution Channel

Supermarkets & Hypermarkets
Specialty Stores
E-commerce
Others

Home Decor Market  Key Players: The key players are

  1. Inter IKEA Systems BV
  2. Forbo International SA
  3. Armstrong World Industries, Inc.
  4. Mannington Mills Inc.
  5. Mohawk Industries Inc.
  6. Shaw Industries Group, Inc.
  7. Herman Miller Inc.
  8. Ashley Furniture Industries Ltd.
  9. Kimball International
    10.Duresta Upholstery Ltd.
    11.home24
    12.Hanssem Corporation
    13.Koninklijke Philips N.V.
    14.Conair Corporation
    15.Suofeiya Home Collection Co., Ltd.
    16.Springs Window Fashions LLC
    17.Siemens AG.
    18.J.C. Penney
    19.Otto
    20.Sears Holdings

Regional Analysis:

The research report is organised into sections based on area, manufacturer, type, and application. Each category provides output estimates for the years 2021 through 2027. Consumption by Application is also supplied for the forecasted period of 2021 to 2027. Understanding the categories helps determine the importance of numerous components that contribute to market growth.

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COVID-19 Impact Analysis on  Home Decor   Market:

The research provides light on COVID-19 by considering changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, the dynamics of current market forces, and substantial government initiatives into account. Based on the market effect of COVID-19, the revised study provides insights, analysis, projections, and predictions.

Key Questions Answered in the  Home Decor   Market Report are:

  • Which segment grabbed the largest share in the  Home Decor   market in 2020?
  • How is the competitive landscape of the  Home Decor   market?
  • Which are the key factors aiding the  Home Decor   market growth in the forecast period (2021-2027)?
  • Which region held the maximum share in the  Home Decor   market in 2020?
  • What will be the CAGR of the  Home Decor   market during the forecast period (2021-2027)?

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