Home Decor Market Positioned for Significant Growth, Projected to Hit USD 939.21 Billion by 2030

The 𝐇𝐨𝐦𝐞 𝐃𝐞𝐜𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at USD 718.55 Bn in 2023 and the total revenue is expected to grow at a CAGR of 3.9% through 2024 to 2030, reaching nearly USD 939.21 Bn.

𝐇𝐨𝐦𝐞 𝐃𝐞𝐜𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The global home decor market, valued at US$ 718.55 billion in 2023, is experiencing robust growth, fueled by the increasing importance of home aesthetics and the impact of home-based living. With growing interest in creating personalized living spaces and the rise of e-commerce platforms offering convenient online shopping options, home decor has become a key segment in the retail industry. As people spend more time at home due to shifts in work patterns, especially post-COVID-19, there has been a surge in the demand for various home decor products, including furniture, textiles, and floor coverings, with a notable increase in online sales.

𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐬 𝐉𝐮𝐬𝐭 𝐚 𝐂𝐥𝐢𝐜𝐤 𝐀𝐰𝐚𝐲! https://www.maximizemarketresearch.com/request-sample/21247/

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐇𝐨𝐦𝐞 𝐃𝐞𝐜𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭:

The rapid growth of the global real estate and commercial construction industry is a primary driver of the home decor market, as new construction projects increase demand for home furnishings. Additionally, an expanding tech-savvy population with easy access to the internet is shifting consumer preferences toward online shopping for home decor items. Renovations and modifications, as well as a growing focus on home-office setups, have further accelerated demand for furniture and decor products, making home decor an integral part of home improvement projects.

𝐇𝐨𝐦𝐞 𝐃𝐞𝐜𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

One of the significant trends in the home decor market is the increasing preference for eco-friendly products. As consumers become more environmentally conscious, the demand for sustainable and natural materials in home furnishings, such as wooden furniture and recycled textiles, is on the rise. Additionally, the influence of Western culture and the adoption of modular and customized solutions for home interiors are driving growth in segments like modular kitchens and wardrobes. E-commerce has also emerged as a dominant force in the market, providing consumers with a wide range of home decor options and fueling online sales growth.

𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 + 𝐆𝐫𝐚𝐩𝐡𝐬 𝐇𝐞𝐫𝐞: https://www.maximizemarketresearch.com/inquiry-before-buying/21247/

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬: 𝐌𝐚𝐣𝐨𝐫 𝐌𝐨𝐯𝐞𝐬 𝐢𝐧 𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭𝐬
𝐕𝐢𝐞𝐭𝐧𝐚𝐦: 𝐓𝐚𝐩𝐩𝐢𝐧𝐠 𝐢𝐧𝐭𝐨 𝐄𝐜𝐨-𝐟𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 𝐰𝐢𝐭𝐡 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐌𝐞𝐫𝐠𝐞𝐫𝐬
In Vietnam, 𝐍𝐨𝐢𝐭𝐡𝐚𝐭 𝐗𝐚𝐧𝐡 recently acquired several local eco-friendly home decor startups, expanding its product portfolio and reinforcing its commitment to sustainable living. The company now focuses on providing high-quality wooden and bamboo-based products that are gaining popularity among environmentally conscious consumers.

𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝: 𝐄𝐱𝐩𝐚𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐭𝐚𝐢𝐥 𝐏𝐫𝐞𝐬𝐞𝐧𝐜𝐞 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬
𝐈𝐧𝐝𝐞𝐱 𝐋𝐢𝐯𝐢𝐧𝐠 𝐌𝐚𝐥𝐥, one of Thailand's largest home decor brands, has entered into a joint venture with 𝐖𝐚𝐲𝐟𝐚𝐢𝐫 to enhance its e-commerce platform. This strategic partnership is expected to boost the company's online sales, especially as the trend of online home decor shopping continues to rise in Southeast Asia.

𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞: 𝐂𝐫𝐨𝐬𝐬-𝐛𝐨𝐫𝐝𝐞𝐫 𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐆𝐫𝐨𝐰𝐭𝐡
In Singapore, 𝐂𝐢𝐭𝐲𝐧𝐞𝐨𝐧 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬 has successfully completed a merger with the Australian-based 𝐁𝐫𝐢𝐬𝐛𝐚𝐧𝐞 𝐇𝐨𝐦𝐞 𝐆𝐨𝐨𝐝𝐬 company, creating a stronger regional presence in the luxury home decor market. The combined entity aims to expand across Asia and Australia, with a focus on high-end, custom-made home decor solutions.

𝐉𝐚𝐩𝐚𝐧: 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐓𝐞𝐜𝐡-𝐃𝐫𝐢𝐯𝐞𝐧 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬
Japan's 𝐍𝐢𝐭𝐨𝐫𝐢 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬, the leading home decor retailer, recently acquired a tech startup specializing in AR (Augmented Reality) for home decor visualization. This acquisition will allow Nitori to offer customers immersive, interactive shopping experiences, making it easier for consumers to visualize furniture and home accessories in their own spaces before making a purchase.

𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚: 𝐌&𝐀 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐨𝐝𝐮𝐥𝐚𝐫 𝐅𝐮𝐫𝐧𝐢𝐭𝐮𝐫𝐞 𝐒𝐞𝐜𝐭𝐨𝐫
𝐋𝐆 𝐇𝐚𝐮𝐬𝐲𝐬, the South Korean leader in interior materials, has acquired 𝐌𝐨𝐝𝐮𝐥𝐚𝐫 𝐋𝐢𝐯𝐢𝐧𝐠, a company specializing in modular furniture designs. This move is expected to help LG Hausys capture a growing market segment that favors space-saving and customizable furniture, especially in urban areas where living spaces are becoming more compact.

𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐂𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬: 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐋𝐮𝐱𝐮𝐫𝐲 𝐇𝐨𝐦𝐞 𝐃𝐞𝐜𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭
In Europe, 𝐈𝐊𝐄𝐀 has consolidated its position in the high-end furniture market by acquiring 𝐇𝐀𝐘, a Danish design company known for its premium, modern home furnishings. This acquisition allows IKEA to expand its premium product line and target wealthier demographics, while continuing to dominate the affordable home decor market.

𝐔𝐒𝐀: 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐭𝐨 𝐄𝐱𝐩𝐚𝐧𝐝 𝐎𝐧𝐥𝐢𝐧𝐞 𝐏𝐫𝐞𝐬𝐞𝐧𝐜𝐞
In the USA, 𝐖𝐚𝐲𝐟𝐚𝐢𝐫 has been aggressively acquiring smaller e-commerce platforms that focus on niche home decor products, such as 𝐁𝐢𝐫𝐜𝐡 𝐋𝐚𝐧𝐞 and 𝐀𝐥𝐥𝐌𝐨𝐝𝐞𝐫𝐧. These acquisitions allow Wayfair to diversify its offerings and maintain its leadership in the highly competitive online home decor market.

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩𝐞𝐞𝐤 𝐢𝐧𝐬𝐢𝐝𝐞? 𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/21247/ 

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐇𝐨𝐦𝐞 𝐃𝐞𝐜𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭

𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞

Furniture
Home Textile
Floor Covering

𝐛𝐲 𝐏𝐫𝐢𝐜𝐞

Premium
Mass

𝐛𝐲 𝐈𝐧𝐜𝐨𝐦𝐞 𝐆𝐫𝐨𝐮𝐩

LOWER-MIDDLE INCOME
UPPER-MIDDLE INCOME
HIGHER INCOME

𝐛𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥

Supermarkets & Hypermarkets
Specialty Stores
E-commerce
Others

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐇𝐨𝐦𝐞 𝐃𝐞𝐜𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

1. Inter IKEA Systems BV
2. Forbo International SA
3. Armstrong World Industries, Inc.
4. Mannington Mills Inc.
5. Mohawk Industries Inc.
6. Shaw Industries Group, Inc.
7. Herman Miller Inc.
8. Ashley Furniture Industries Ltd.
9. Kimball International
10.Duresta Upholstery Ltd.
11.home24
12.Hanssem Corporation
13.Koninklijke Philips N.V.
14.Conair Corporation
15.Suofeiya Home Collection Co., Ltd.

𝐆𝐞𝐭 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐎𝐧 𝐓𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐎𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.maximizemarketresearch.com/market-report/global-home-decor-market/21247/ 

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Home Decor Market Size and Competitive Landscape
Home Decor Market Size, Share, Size & Forecast by different segment
Home Decor Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Home Decor Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Home Decor Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐨𝐮𝐫 𝐭𝐨𝐩-𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐢𝐧𝐠 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐚𝐭𝐞𝐬𝐭 𝐭𝐫𝐞𝐧𝐝𝐬:

♦ Makeup Remover Market https://www.maximizemarketresearch.com/market-report/global-makeup-remover-market/19695/

♦ Global Smart Diaper Market https://www.maximizemarketresearch.com/market-report/global-smart-diaper-market/52690/

♦ Global PV Inverters Market https://www.maximizemarketresearch.com/market-report/global-pv-inverters-market/32121/

♦ Global Aloe Vera Products Market https://www.maximizemarketresearch.com/market-report/global-aloe-vera-products-market/54182/

♦ Liquid Detergent Market https://www.maximizemarketresearch.com/market-report/global-liquid-detergent-market/82470/

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