Home Decor Market Size, Trends Analysis, Opportunity and Forecast 2022-2027

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 represents a range of several aesthetic components that makes a house interior attractive and visually appealing. It includes floor covering, furniture accents, paint colors, textile, and ceiling textures as standard products that are carefully placed or arranged in a well-organized manner to create an appealing and user-friendly environment. Home décor is easier to clean up, improves mood motivation, provides a hospitable atmosphere, and conceals design flaws. As a result, home décor finds extensive applications in commercial and residential infrastructures to improve the overall aesthetics of external and internal spaces.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐚 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 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:

The global home décor market is primarily driven by consumers shifting preferences toward urban lifestyles and the growing demand for furniture, fixtures, and upholstery items, such as chairs, couches, cushions, ottomans, and bench seating for a comfortable living experience. Moreover, increasing trends of renovating homes after a specific duration are fuelling the demand for different home décor products such as wooden or marble flooring, fancy furniture, and decorative lighting.

Additionally, the introduction of eco-friendly products and creative home décor items manufactured from different raw materials, including organic cotton, jute, and terrazzo, is favoring the market growth. Furthermore, the ongoing uptake of diverse online shopping platforms, such as e-commerce, to purchase various home décor items, especially during the COVID-19 pandemic, owing to their easy payment and accessibility, is propelling the market growth. Besides this, aggressive product advertising and the emergence of do-it-yourself (DIY) home décor products are supporting the market growth.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.imarcgroup.com/checkout?id=1122&method=1

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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://bit.ly/3TZW1mQ

Second Hand Luxury Goods Market: https://bit.ly/3h6tb5I

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This release was published on openPR.