Press release
Home Decor Market Insights And SWOT Analysis, Trends, Drivers Report To 2022 - 2031
The global home decor market report by the business research company identifies increasing penetration of smart devices to be a major growth driver for the home decor market. A Smartphone refers to a handheld electronic gadget that furnishes a connection to a cellular network and the internet. Smartphones are helpful for buying home decor products such as wall decor, cushions, curtains, and figurines from various online e-commerce websites. For instance, in October 2021, according to The Economic Times, an Indian business newspaper, India had the highest mobile data consumption rate in the world at 12 gigabytes per user a month, and the country is adding 25 million new smartphone users every quarter. Also, according to Bankmycell, a USA-based price comparison site for mobile phones, in 2021, there are 6.37 billion (80.76% of the world population) smartphone users.The global home decor market size is expected to grow from $610.65 billion in 2021 to $662.45 billion in 2022 at a compound annual growth rate (CAGR) of 8.5%. The global home decor products market size is expected to grow to $805.75 billion in 2026 at a CAGR of 5%.
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North America was the largest region in the home decor market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global home decor market forecast period. The regions covered in the global home decor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the home decor market are Inter IKEA Systems BV, Forbo Group, Armstrong World Industries Inc., Mannington Mills Inc., Mohawk Industries Inc., Shaw Industries Group Inc., Herman Miller Inc., Ashley Furniture Industries Ltd., Kimball International Inc, home24, Hanssem Corporation, Koninklijke Philips N.V., Conair Corporation, Suofeiya Home Collection Co. Ltd., Springs Window Fashions LLC, Siemens AG., Zepter International Inc., and Samson Holding Ltd.
The global home decor market is segmented -
1) By Product Type: Furniture, Textile, Flooring, Others
2) By Price: Premium, Mass
3) By Application: Indoor, Outdoor
4) By Distribution Channel: Supermarkets and Hypermarkets, Specialty Stores, E-Commerce, Others
Request A Sample Of The Home Decor Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6453&type=smp
The Home decor Market Report Contents Include
1. Executive Summary
2. Home Décor Market Characteristics
3. Home Décor Market Trends And Strategies
4. Impact Of COVID-19 On Home Décor
5. Home Décor Market Size And Growth
....
27. Home Décor Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Home Décor Market
29. Home Décor Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the home decor market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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