Home Decor Market is expected to grow at a CAGR of 3.9% through 2023 to 2029, reaching nearly US$ 903.97 Bn.

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 Report Overview:

The document offers a comprehensive overview of the major participants in the Home Decor   market, encompassing a detailed examination of their expansion tactics, production facilities and capabilities, global footprint, and range of products. Additionally, it presents a foundational assessment of the Home Decor   market, delving into the factors propelling its growth, the opportunities available, emerging trends, and the constraints influencing the market.

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Home Decor Market Report Scope and Research Methodology:

The objective of the Home Decor   market report is to assess the current and anticipated market conditions comprehensively. It presents a global overview of demand, revenue generation, sales, and revenue statistics. The report strategically categorizes various segments to assist clients in comprehending the distinct growth drivers that are expected to be consistent throughout the Home Decor   industry. Furthermore, it profiles key players in the Home Decor   sector, encompassing market leaders, new participants, and followers. The report offers insightful details on development factors and employs a meticulous top-down and bottom-up approach to ensure precision. MMR’s Home Decor   market report is the outcome of a study employing diverse methodologies, including PESTEL, PORTER, and SWOT analyses.

Home Decor Market Dynamics

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.

When the Covid-19 lockdown was 1st announced in March 2021, not many of people were sure about what really lay ahead. Now, even at the end of year 2021, a lot of people are still counting days to be able to lastly step out of the home to go to the office, hang out with friends & to travel, leaving behind their anxieties & worries about being infected. But in these last9-10 months, People have reoriented their way of living around the 4 walls of their homes. They have learned to connect with the society over the virtual medium, to cook & clean, & to WFH on a daily basis. And while doing so, many people have naturally channelled their energies into livening up their surrounds, leading to growing interest in reforming their homes.

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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:

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

Home Decor   Market Regional Insights:

The comprehensive analysis of the Home Decor   industry is explored extensively in the market report, with a breakdown into multiple geographical regions. The study assesses North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East on a regional and country level. Within the report on the Home Decor   market, a detailed examination of regional markets is conducted to reveal trends, limitations, and potential opportunities specific to each region.

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The Home Decor   Market Report addresses key inquiries, including:

• Definition of Home Decor
  • Global statistics on sales, production, consumption, and import-export activities related to Home Decor   across North America, Europe, Asia-Pacific, South America, the Middle East, and Africa
  • Identification of major players in the global Home Decor   Industry
  • Evaluation of the current business status of Home Decor   market players
  • Analysis of market opportunities and constraints for Home Decor   suppliers in the global Home Decor   industry
  • Exploration of potential growth opportunities for applications, end-users, or product categories within the Home Decor   market, along with corresponding market shares for each type and application.

Primary Offerings:

• Comprehensive Market Introduction
  • Revenue-based Market Share, Size & Projection for 2023−2029
  • Dynamics of the Market – Factors Fueling Growth, Limitations, Investment Prospects, and Significant Trends
  • In-depth Examination of Market Segments and Sub-segments
  • Insights into Different Regions
  • Overview of Competition – Leading Key Suppliers and Noteworthy Alternative Suppliers
  • Recommendations for the Industry

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