Home Decor Market is Expected to Reach USD 1,104.0 Billion by 2033 | CAGR During 2025-2033

IMARC Group has recently released a new research study titled "Home Decor Market Report by Product Type (Home Furniture, Home Textiles, Flooring, Wall Decor, Lighting, and Others), Distribution Channel (Home Décor Stores, Supermarkets and Hypermarkets, Online Stores, and Others), and Region 2025-2033", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

The global home decor market size reached USD 779.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1,104.0 Billion by 2033, exhibiting a growth rate (CAGR) of 3.9% during 2025-2033. The market is experiencing stable growth driven by the increasing focus on health and wellness, rising preferences for personalized and aesthetically pleasing interior designs, and integration of smart technology in decor products to provide enhanced experiences to individuals.

Buy Now: https://www.imarcgroup.com/checkout?id=1122&method=502

Global Home Decor Market Trends:

Current fashion and design trends are boosting home decor market growth. Similarly, the use of augmented reality (AR) and virtual reality (VR) in shopping is also contributing. These technologies allow consumers to see products in their spaces before buying. Furthermore, the growing awareness of wellness is key. "Embrace biophilic design-where nature dances indoors to elevate your spirit. Infusing natural elements into our spaces, we cultivate an oasis of well-being. This blend fosters mental clarity and emotional balance. It turns places into serene sanctuaries. This is good for market growth.

Factors Affecting the Growth of the Home Decor Industry:

Changing Consumer Lifestyle and Preferences:

Changes in society, the economy, and culture are shifting consumer lifestyles. This shift is a key factor in market growth. Moreover, the rise in remote work and flexible hours is increasing the demand for home offices and ergonomic furniture. Additionally, people now prefer decor that is both functional and attractive for their workspaces. Furthermore, urbanization and smaller living spaces are driving the need for multifunctional, space-saving furniture and decor.

Rapid Technological Advancements:

Technological advancements are boosting market growth. These innovations impact product design, manufacturing, distribution, and consumer experiences. The rise of IoT devices and smart home systems is key. They change how people interact with their homes. Examples include smart lighting, automated curtains, and voice assistants. These technologies improve convenience, functionality, and energy efficiency. They also support environmental sustainability. Moreover, advances in manufacturing, like 3D printing and automation, are significant. They allow for more design flexibility and customization in home decor. This, too, fuels market growth.

Growing Focus on Environmental Sustainability and Ethical Consumerism:

Awareness of environmental issues and a demand for sustainable products are boosting market growth. Consumers are now more mindful of their purchases' environmental impact. They seek home decor made from renewable, recycled, or non-toxic materials. This trend is key to market expansion. Additionally, the rise in ethical sourcing and fair-trade practices is vital. These factors are now crucial for consumers choosing home decor. Moreover, there's a growing preference for decor items that are durable, repairable, and recyclable. This trend further propels market growth.

Request to Get the Sample Report: https://www.imarcgroup.com/home-decorative-materials-market/requestsample

Home Decor Market Report Segmentation:

By Product Type:

Home Furniture
Home Textiles
Flooring
Wall Decor
Lighting
Others

Home furniture represents the largest segment by product type due to the increasing demand for functional and stylish furniture pieces that cater to diverse consumer preferences and lifestyles.

By Distribution Channel:

Home Decor Stores
Supermarkets and Hypermarkets
Online Store
Gift Shops
Others

Home decor stores account for the majority of the market share because they offer a wide range of curated decor items, personalized shopping experiences, and expert advice.

Regional Insights:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

North America leads the market owing to factors such as high disposable income levels, a strong housing market, and a culture that values interior design and home improvement.

Top Home Decor Market Leaders:

The home decor market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

Key Companies:

Ashley Furniture Industries Inc.
Duresta Upholstery Ltd.
Forbo Holding AG
Hanssem Co. Ltd.
Herman Miller Inc.
Inter IKEA Systems B.V.
Kimball International Inc. (HNI Corporation)
Koninklijke Philips N.V.
Mannington Mills Inc.
Mohawk Industries Inc.
Samson Holding Ltd.
Shaw Industries Group Inc. (Berkshire Hathaway Inc.)
Sophia Home
Springs Window Fashions
Suofeiya Home Collection Co. Ltd.

Speak to An Analyst: https://www.imarcgroup.com/request?type=report&id=1122&flag=C

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.

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.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

This release was published on openPR.