Home Decor Market Size to Reach US$ 898.3 Billion by 2027 at Growth Rate (CAGR) of 4.8%

According to IMARC Group's latest report, titled "𝐇𝐨𝐦𝐞 𝐃𝐞𝐜𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟐-𝟐𝟎𝟐𝟕", the global home decor market size reached a value of US$ 682 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 898.3 Billion by 2027, exhibiting at a growth rate (CAGR) of 4.8% during 2022-2027.

Home décor refers to aesthetic components that are used to make a home visually appealing. It effectively portrays the client's lifestyle by using artistic accessories and furnishings to provide a more pleasant and aesthetic appeal to the apartment.

Some common home décor items include furniture, quoted wall hangers, wooden wall shelves, tealight candle holders, showpieces, scented candles, key holders, flower vases, and decorative mirror stickers. These products can be customized using handcrafting and machine-based processes to efficiently design internal and external spaces. Besides this, it also comprises home textiles, such as dining, bath, kitchen room, bedroom, and living room textiles and laminated floor coverings.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/home-decorative-materials-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

𝐇𝐨𝐦𝐞 𝐃é𝐜𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

Rapid urbanization and globalization are one of the primary factors driving the home décor market growth. This is further supported by the inflating consumer per capita income and the rising remodeling, construction, and renovating activities in residential and commercial spaces.

Moreover, the increasing environmental awareness among consumers has surged the demand for eco-friendly products, which, in turn, is accelerating the market growth. Additionally, the rising internet penetration, the shifting consumer reliance on smartphones, and the easy availability of home décor products in online retail stores are bolstering the market growth. Apart from this, the shifting population from rural to urban areas and the growing middle-class population are creating a positive outlook for the market.

𝐁𝐮𝐲 𝐇𝐨𝐦𝐞 𝐃𝐞𝐜𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=1122&method=1

The Report offers a comprehensive analysis of the industry, which comprises insights on the global market statistics. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

The competitive landscape of the industry has also been examined along with the profiles of the key players

• Ashley Furniture Industries Inc.
• Forbo Holding AG
• Herman Miller Inc.
• Inter IKEA Systems B.V.
• Kimball International Inc.
• Koninklijke Philips N.V.
• Mannington Mills Inc.
• Mohawk Industries Inc.
• Hanssem Co., Ltd.
• Siemens AG
• Springs Window Fashions LLC
• Suofeiya Home Collection Co. Ltd.
• Samson Holding Ltd
• Shaw Industries Group Inc. (Berkshire Hathaway Inc.)
• Sophia Home

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

The report has categorized the market based on product type and distribution channel.

Breakup by Product Type:
• Home Furniture
• Home Textiles
• Flooring
• Wall Decor
• Lighting
• Others

Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Home Decor Stores
• Gift Shops
• Direct to Consumer
• Online Stores
• Others

Breakup by Region:
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞𝐬: https://www.imarcgroup.com/request?type=report&id=1122&flag=C

𝐊𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩:

India Secondhand Luxury Goods Market: https://www.imarcgroup.com/india-secondhand-luxury-goods-market

Second Hand Luxury Goods Market: https://www.imarcgroup.com/secondhand-luxury-goods-market

Egypt Led Lighting Market: https://www.imarcgroup.com/egypt-led-lighting-market

Led Lighting Market: https://www.imarcgroup.com/led-manufacturing-plant

Smart Lighting Market: https://www.imarcgroup.com/smart-lighting-market

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