Home Decor Market is Projected to Hit USD 1,104.0 Billion by 2033 | CAGR 3.9% 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", The study provides a detailed analysis of the industry, including the global home decor market trends, share, size, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

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.

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Global Home Decor Market Trends:

The growing preference for sustainable and eco-friendly home decor products represents one of the key factors influencing the growth of the home decor market across the globe. This is primarily due to the increasing environmental awareness and consumer demand for products that minimize ecological impact which is boosting the market growth. There is a rising popularity of online retail channels for home decor purchases, facilitated by advancements in e-commerce platforms, digital marketing strategies, and virtual reality technologies, offering consumers convenience, choice, and personalized shopping experiences. Moreover, there is an increasing focus on multi-functional and space-saving home decor solutions, particularly in urban areas with limited living spaces, driving demand for versatile furniture, modular designs, and innovative storage solutions.

Factors Affecting the Growth of the Home Decor Industry:

Economic growth and urbanization fuel:

The demand for home decor products as rising incomes and urban lifestyles prompt consumers to invest in enhancing their living spaces. With increased disposable income, consumers allocate more funds to home improvement, decoration, and furnishing, reflecting their desire for comfort, style, and personalization. Urbanization trends, characterized by smaller living spaces and changing housing preferences, further drive the demand for space-saving, multifunctional, and aesthetically pleasing home decor solutions tailored to urban dwellers' needs and preferences. This dynamic interplay between economic prosperity and urban living fuels the growth of the home decor market.

Changing Consumer Lifestyles and Design Preferences:

Changing consumer lifestyles and design preferences significantly influence the home decor market as modern consumers seek personalized, innovative, and sustainable solutions to reflect their individuality and values. There is a growing emphasis on eco-friendly materials, quality craftsmanship, and unique designs that align with contemporary tastes and societal trends. Moreover, evolving lifestyles, influenced by factors such as technology, fashion, and cultural shifts, drive demand for versatile and adaptable home decor products that cater to diverse needs and preferences. This dynamic evolution in consumer behavior shapes product innovation, marketing strategies, and the overall direction of the home decor market.

Digitalization and E-commerce Growth:

Digitalization and the proliferation of e-commerce platforms are reshaping the home decor market landscape. The widespread adoption of smartphones, internet connectivity, and social media platforms has transformed how consumers discover, research, and purchase home decor products. Online retail channels offer consumers a convenient and accessible shopping experience, providing a vast array of products, price comparisons, customer reviews, and personalized recommendations. Furthermore, advancements in augmented reality (AR) and virtual reality (VR) technologies enable immersive and interactive shopping experiences, allowing consumers to visualize home decor products in their own spaces before making purchase decisions. The growth of e-commerce also expands market reach, enabling home decor retailers to target global audiences and penetrate emerging markets with growing purchasing power.

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Home Decor Market Report Segmentation:

By Product Type:

• Home Furniture
• Home Textiles
• Flooring
• Wall Decor
• Lighting
• Others

Home furniture is the largest market by product type in the global home decor market due to the essential role it plays in furnishing and decorating living spaces, including items such as sofas, tables, chairs, and beds, which are fundamental to interior design and functionality.

By Distribution Channel:

• Home Decor Stores
• Supermarkets and Hypermarkets
• Online Store
• Gift Shops
• Others

Home décor stores represent the largest market by distribution channel, as they specialize in offering a wide range of home décor products, providing consumers with a dedicated retail environment to explore and purchase items such as wall art, rugs, lighting fixtures, and decorative accessories.

Regional Insights:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

North America is the largest region in the market owing to factors such as high levels of disposable income, strong consumer preferences for home improvement and renovation projects, and a mature retail infrastructure that supports a diverse range of home décor products and distribution channels across the region.

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.

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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.

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.

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.

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