The Home Decor market is expected to grow at a CAGR of 3.9%, reaching $939.21 billion from 2024 to 2030.
Home Decor Market
This Income Increase:
The Home Decor Market size was estimated at $718.55 Bn in 2023 and the total revenue is expected to grow at a CAGR of 3.9% through 2024 to 2030, to reach $939.21 Bn.
Home Decor Market Overview:
The Home Decor Market has experienced significant growth, driven by the increasing interest of consumers in improving their living spaces. The global pandemic has accelerated this trend, as many people have spent more time at home and are turning to home improvement as a way to reduce stress and improve well-being. The growing demand for furniture, textiles and decorative items has been fueled by the growing influence of online shopping, which has given consumers access to a wide variety of products, resulting in there was an increase in the market.
𝐰𝐨𝐮𝐫 𝐒__𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐬 𝐉𝐮𝐬𝐬𝐬𝐬𝐬 𝐀𝐰𝐨𝐲! https://www.maximizemarketresearch.com/request-sample/21247/
Home Decor Market Drivers:
Key drivers in the Home Decor Market include the growing real estate industry, which is fueling the demand for home furnishings and decor products. In addition, an increase in home improvement and development projects, driven by the demand for quality housing during the foreclosure period, increased sales. The shift towards online sales, aided by increased internet penetration and a tech-savvy population, has also contributed to the growth of the market, as consumers find it easier to find and buy decorative items from the comfort of their homes.
Home Decor Markets:
The Home Decor market is seeing a number of important trends, such as the growing demand for eco-friendly and sustainable products, where consumers are looking for items made from recycled or natural materials. Another trend is the increasing proliferation of modular and multi-functional furniture, which addresses the needs of compact urban living spaces. The increase in furniture, encouraged by the change to leave home during the epidemic, has also been strong, with ergonomic designs becoming more popular.
– https://www.maximizemarketresearch.com/inquiry-before-buying/21247/
Home Decor Market Opportunities:
The Home Decor Market offers many opportunities, especially for sellers who focus on renewable, sustainable, and customizable products. The expansion of e-commerce platforms and the growing popularity of in-store experiences provide opportunities for companies to reach a wider range of consumers. Emerging markets, where digital transformation and urbanization are accelerating, also offer significant growth opportunities for home decor brands looking to tap into new customer segments.
What is Home Decor Market Regional Insight?
Regionally, North America and Europe dominate the Home Decor Market due to high disposable incomes and a strong trend towards home renovation and improvement. In Asia-Pacific, the market is growing rapidly, driven by urbanization, rising middle class incomes, and the increasing influence of Western fashion trends. The Middle East and Latin America also offer growth opportunities, as consumers in these regions invest in home furnishings and decor, supported by expanding online retail infrastructure.
𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩KEY🤤 𝐢𝐧𝐬𝐢𝐝KEY? – https://www.maximizemarketresearch.com/request-sample/21247/
Segmentation Analysis of the Home Decor Market
by Product Type
Furniture
Home Textile
Covering the floor
in Price
Premium
Mass
by Income Group
INTERMEDIATE INCOME
IMMEDIATE INCOME
HIGH INCOME
through the Broadcasting Channel
Shops and Hypermarkets
Specialty stores
E-business
Others
Who are the biggest players in the Home Decor Market worldwide?
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. Hansem Corporation
13.Royal Philips NV
14. Conair Corporation
15. Suofeiya Home Collection Co., Ltd.
𝐆 https://www.maximizemarketresearch.com/market-report/global-home-decor-market/21247/
Key Offerings:
Past Market Size and Competitive Landscape
Home Decor Market Size, Share, Size and Forecast by Various Segments
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Home Decor Market Segmentation – Detailed Analysis by Product
Competitive Landscape – Profiles of key players selected by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional Player
Competitive landscape of key players by region
LETSOANE Analysis
The PORTER test
Value chain and supply chain analysis
Legal aspects of business by region
Good business opportunities with a SWOT analysis
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