Online Home Decor Market Outlook to 2020- What Are The Main Factors That Contributing Towards Industry Growth?
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Global Online Home Decor Market: About this market:
Publisher's online home décor market analysis considers sales from online home furniture, online home furnishings, and other online home decorative products. Our study also finds the sales of online home décor in APAC, Europe, MEA, North America, and South America. In 2019, the online home furniture segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rising internet penetration rates and growing smartphone adoption will play a significant role in the online home furniture segment to maintain its market position.
Also, our global online home décor market report looks at factors such as increasing residential construction, increase in demand for multifunctional furniture, rising popularity of blogs related to interior designing, and benefits of buying home decor products online. However, strict competition from offline channel, long product replacement cycle resulting in infrequent purchases, and high volatility in raw material prices and transportation costs may hamper the growth of the online home décor industry over the forecast period.
Robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of few leading Online Home Decor manufacturers, that include
Bed Bath & Beyond Inc.
Herman Miller Inc.
Inter IKEA Holding B.V.,Lowe's Companies Inc.
Pier 1 Imports Inc.
Trendsutra Platform Services Pvt. Ltd.
Urban Ladder Home Décor Solutions Pvt. Ltd.
Also, the Online Home Decor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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Global Online Home Decor Market: Overview
Increasing residential construction:
Developed countries such as the US and Canada are making significant investments in infrastructural development, which has increased the number of new residential construction projects in these countries. In addition, the growing number of renovation and modification projects and the rising focus on the development of infrastructure and real estate in developing countries such as China and India have increased the demand for furniture and furnishings. Also, factors such as the growth of e-commerce resulting from the increase in internet penetration and growth of the organized retail sector are encouraging the tech-savvy population to order home furnishing items online. This increasing residential construction will lead to the expansion of the global online home décor market at a CAGR of almost 13% during the forecast period.
Enhancement of consumer experience through technologies:
Vendors are integrating the latest technologies such as AR and VR to help customers choose the best home décor products for their homes. For instance, some vendors are introducing apps that let customers enter the dimensions of their rooms and virtually experience the space equipped with home décor and furnishing products. Hereafter, customers can order the items online with the help of mobile applications. This development is expected to have a positive impact on the overall market growth.
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With tables and figures helping analyze worldwide Global Online Home Decor market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Key Points from TOC:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
Market sizing 2019
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
Increase in R&D of novel vaccine adjuvants
Development of nanoparticle adjuvants
Rising number of collaborations
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Detailed TOC of Global Online Home Decor Market @ https://www.industryresearch.biz/TOC/14988920
Name: Mr. Ajay More
Organization: Industry Research Biz
Phone: US +1424 253 0807 / UK +44 203 239 8187
Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Industry Research is the credible source for gaining the market reports that will provide you with the lead your business needs.
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