Increasing Demand for trending & unique furniture will Complement Growth of the Home Decor Market During 2020-2027 | Furniture, Home Textile, and Floor Covering

This research report will give you deep insights about the Home Decor Market and it will also help you in strategic decision making. The final research document is an exhaustive document comprising of 343 pages.

According to a new report published by Allied Market Research, titled, "Home Decor Market by Product Type, Income Group, Price Point, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020-2027," the global home decor market was valued at $616.6 billion in 2019, and is estimated to reach $838.6 billion by 2027, registering a CAGR of 3.9% from 2020 to 2027.

Request For sample (Flash Sale Till 20th August 2022) :- https://www.alliedmarketresearch.com/request-sample/751

The key players profiled in this study includes: -
Inter IKEA Systems BV
Forbo International SA
Armstrong World Industries, Inc.
Mannington Mills Inc.
Mohawk Industries Inc.
Shaw Industries Group, Inc.
Herman Miller Inc.
Ashley Furniture Industries Ltd.
Kimball International
Upholstery Ltd.

Speaking about this research report in particular, it includes:
• Five Types of Segmentations (by Product Type, Power, Application, Distribution Channel, Region)
• Five Major Regions (North America, Europe, Asia Pacific, Middle East & Africa, South & Central America)
• Key Industry Dynamics including factors that are Driving the Market, Prevailing Deterrent, Potential Opportunities as Well as Future Trends.
• Ten Company Profiles (these are not just Major Players but a Mix of Leading, Emerging Players, Market Disruptors, Niche Market Players, etc.)
• Industry Landscape Analysis
• Analysis of COVID-19 Impact on this market at Global and Regional Level.

The global home decor market has witnessed significant growth over the years, and is expected to grow at a steady pace during the forecast period. This is attributed to the fact that market players are focusing on developing eco-friendly products, owing to rise in environment awareness.

The floor covering segment occupied the largest share in the overall home decor market in 2019, and is expected to maintain its leading position throughout the forecast period, owing to the wide adoption of floor coverings, globally. In addition, surge in disposable income and improvement in living standards in the emerging countries such as China and India along with rise in affinity of consumers toward consumer-friendly home décor products are anticipated to boost the demand for home decor products.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 (Flash Sale Tell 20th August 2022):- https://www.alliedmarketresearch.com/request-for-customization/751?reqfor=covid

However, availability of low-quality and counterfeit products and fluctuations in the prices of raw materials used to manufacture these products restrain the market growth. Conversely, surge in demand for trendy and unique furniture is anticipated to provide lucrative growth opportunities for the home decor industry.

Key Findings Of The Study

On the basis of product type, the furniture segment is expected to witness the fastest growth, registering a CAGR of 4.0% during the forecast period.

In 2019, by distribution channel, the specialty stores segment garnered around half of the global market share.

In 2019, by price point, the mass segment held the highest share, and is expected to growth at a CAGR of 3.6% during the forecast period

Higher income group segment dominated the market in 2019, accounting for significant home decor market share, globally.

In 2019, China was the most prominent market in the Asia-Pacific region, and is expected to grow at a significant CAGR throughout the forecast period.

North America was the dominant region in 2019, accounting for more the one-third of the global home decor market share.

Request a Discount Before Purchasing Report (Flash Sale Tell 20th August 2022) :- https://www.alliedmarketresearch.com/checkout-final/27f64efd5bc0ffe3599abe7d6f8ae133

Reasons to Buy This Home Decor Market Report:

> Mergers and acquisitions should be well-planned by identifying the best manufacturer.

> Sort new clients or possible partners into the demographic you're looking for.

> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.

> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.

> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.

> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.

> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors

TRENDING REPORTS :-
Do-It-Yourself (DIY) Home Improvement Retailing Market https://www.alliedmarketresearch.com/do-it-yourself-diy-home-improvement-retailing-market/amp

Outdoor Kitchen Cabinets Market https://www.alliedmarketresearch.com/outdoor-kitchen-cabinets-market-A06575

Smoking Accessories Market https://www.alliedmarketresearch.com/smoking-accessories-market-A16013

U.S. Home Decor Market  https://www.alliedmarketresearch.com/us-home-decor-market-A06775

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

This release was published on openPR.