Home Decor Market Size (US$ 937.0 Billion), Trends, Share and Industry 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.

Report Highlights

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 refers to the art and science of enhancing the interior of a home to achieve a more aesthetically pleasing and functional environment. These products include furniture, furnishings, wall decor, lighting, and other accessories, widely used to create personalized living spaces. The ability to reflect personal taste, cultural influence, and functional design makes home decor an essential aspect of modern living.

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

The global trend towards personalized and stylish living spaces is one of the key factors driving the expansion of the home decor market. In alignment with this, home decor items are increasingly being recognized as vital in expressing individuality and creativity, contributing significantly to market growth. Besides this, advancements in design and manufacturing technology are enabling the production of diverse and innovative home decor products, further augmenting market growth. Moreover, the emphasis on sustainable living and eco-friendly products has escalated the demand for home decor items made from renewable or recycled materials. This factor, coupled with the rising awareness of the importance of well-designed living spaces for well-being and lifestyle, is stimulating market growth.

Additionally, the increasing demand from homeowners, interior designers, and commercial spaces for unique and adaptable decor solutions is accelerating market expansion. Furthermore, the need for compliance with regulations regarding sustainability and quality standards is fueling the market's growth. In addition, the potential economic benefits from the effective use of home decor, owing to their ability to enhance property value and aesthetic appeal, are fostering demand. The global economic landscape, along with governmental policies supporting local craftsmanship and sustainable products, is creating a positive market outlook. Other factors, such as investments in research for developing new design concepts and the emergence of companies specializing in home decor, are propelling market growth worldwide.

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

𝐒𝐩𝐞𝐚𝐤 𝐭𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: 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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About Us:

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.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.