Home Decor Market Size, Industry Trends, Growth Factors, Top Players and Forecast Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled "𝐇𝐨𝐦𝐞 𝐃𝐞𝐜𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖." The study provides a detailed analysis of the industry, including the global home decor market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

𝐇𝐨𝐰 𝐁𝐢𝐠 𝐢𝐬 𝐭𝐡𝐞 𝐇𝐨𝐦𝐞 𝐃𝐞𝐜𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭?

The global home decor market size reached US$ 715.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 937.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/home-decorative-materials-market/requestsample

What is Home Decor?

Home decor is the act of making a residential space more attractive and visually appealing by decorating its interiors and providing a personal touch to the place. It includes various aesthetic components, such as furniture, window coverings, color, and artwork. Common home decor items include furnishings, floor coverings, vases, lamps, artifacts, and embellishing items. It boosts mood and assists in keeping homes more organized and well-maintained. In addition to this, home decor is an effective way of portraying the style of the owner. As a result, these items are extensively available across supermarkets, online stores, hypermarkets, and gift shops.

What are the Growth Prospects and Trends in the Home Decor Market?

The increasing construction, remodelling, and renovating activities in residential and commercial spaces are among the primary factors driving the home decor market. Besides this, the escalating demand for these items is propelled by the shifting population from rural to urban areas and the inflating expenditure capacity of individuals, which is further augmenting the market growth. Moreover, the high sales of home decor products through online platforms, the rising internet penetration, and the shifting consumer reliance on smartphones are also catalyzing the global market. Apart from this, the leading manufacturers are benefiting from the easy availability of aesthetic components at discounted rates, along with free home delivery and secured online payment methods, which is acting as another significant growth-inducing factor. Furthermore, the strategic collaborations by the key players with interior designers to provide consumers with customized decorative items, the growing awareness among individuals toward the benefits of using eco-friendly materials which have minimal impact on the environment, and the emerging trend of globalization and urbanization are expected to bolster the home decor market in the coming years.

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

Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Who are the Key Players Operating in the Home Decor Industry?

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

What is Included in Market Segmentation?

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

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

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

Regional Analysis:
• 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 (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• 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.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.