One of the major influencers fueling the growth of the online home decor market is the worldwide real estate and commercial construction industry. The growing amount of restoration and modification initiatives is another important element driving online home decor sales. Factors such as an increasing tech-savvy population, increased internet access, and the growth of the organised online retail sector have pushed residents to order home furnishings online. Furthermore, the availability of different online home decor retailers with diverse product offers provides buyers with a diverse selection of furniture and furnishings to pick from. As a result, the growth of the online home decor market is expected to be massive throughout the forecast period.
Home Decor Market Report Scope and Research Methodology:
The primary goal of the Home Decor Market study is to investigate the major key drivers and restraints driving important firms, as well as a complete review of present competitive benchmarking and development possibilities. In addition to this analysis, the study thoroughly analyses Home Decor market trends and future insights, including elements such as the demand chain, supply chain, and sales, as well as current market changes. For a complete competitive analysis, the report contains profiles of prominent industry players in the Home Decor market, providing insights into business overview, financial performance, product portfolio, and strategies. The study employs a mix of quantitative and qualitative research approaches and includes SWOT and PESTLE analysis.
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Home Decor Market Overview:
Maximise Market Research (MMR) recently published a Home Decor Market research report, which provides comprehensive and high-quality market studies with total transparency. This study also includes a list of important rivals, as well as strategic insights and analysis of them.significant elements impacting the Home Decor industry. Home Decor Market research considers the market marketing techniques, trends, future product innovations, and emerging players opportunity to develop relevant market reports.
Key Insights:
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 Regional Insights:
In 2022, the Asia-Pacific region dominated the Home Decor market, accounting for roughly 48% of the total. It is predicted to maintain its revenue leadership until 2029. Meanwhile, Europe is expected to have the highest CAGR over the predicted period. The study goes on to look at the regions of North America, South America, and the Middle East and Africa.
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
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Home Decor Market Key Players:
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
Table Of Content:
1. Global Home Decor Market: Research Methodology
2. Global Home Decor Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to Global Home Decor Market
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Home Decor Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact
Key questions answered in the Home Decor Market are:
- What is Home Decor ?
- What was the Home Decor market size in 2022?
- What are the trends in the Home Decor Market?
- What are the major challenges that the Home Decor Market could the market face in the future?
- How is the intervention from regulatory authority is shaping the Home Decor Market?
- What growth strategies are the players considering to increase their presence in the Automotive Relay Market?
- Who held the largest market share in the Home Decor Market?
- Which regional Home Decor market is expected to grow rapidly during the forecast period?
Key Offerings:
- Market Overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Regional Insights
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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