The Impact Of Smartphones And E-Commerce On Home Decor Trends: A Key Driver Powering Home Decor Market Growth In 2025

The Home Decor Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Home Decor Market Size Expected to Be by 2034?
The market size of home decor has experienced minor expansion in the past few years. The figures are projected to rise from $644.93 billion in 2024 to $654.09 billion in 2025, boasting a compound annual growth rate (CAGR) of 1.4%. Factors contributing to the growth during the historic period include the impact of social media, availability of sustainable and eco-friendly products, the universalizing trend of design, steady real estate market, and popularity of home improvement shows.

Anticipations are being made for the home decor market size to experience a consistent rise in the forthcoming years. The market is projected to expand to a worth of $777.81 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.4%. The surge during the forecast period can be linked to factors such as the integration of smart homes, the influence of wellness and biophilic design, sustainability and circular design, the impact of influencers, and the infusion of global cultures. The forecast era is predicted to be marked by trends such as the digital transition and online retailing, personalization and customization, subscription-based services and rental models, multi-purpose furniture, and shopping through augmented reality (AR).

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What Are the Emerging Segments Within the Home Decor Market?
The home decor market covered in this report is segmented -

1) By Product Type: Furniture, Textile, Flooring, Other Products
2) By Price: Premium, Mass
3) By Application: Indoor, Outdoor
4) By Distribution Channel: Super markets And Hyper markets, Specialty Stores, E-Commerce, Other Distribution Channels

Subsegments:
1) By Furniture: Living Room Furniture (Sofas, Chairs, Coffee Tables), Bedroom Furniture (Beds, Nightstands, Dressers), Dining Room Furniture (Tables, Chairs, Cabinets), Office Furniture (Desks, Chairs, Bookcases), Outdoor Furniture (Patio Sets, Loungers)
2) By Textile: Curtains And Drapes, Cushions And Throws, Rugs And Carpets, Table Linens (Tablecloths, Runners), Bed Linens (Sheets, Duvet Covers)
3) By Flooring: Hardwood Flooring, Laminate Flooring, Vinyl Flooring, Carpeting, Tiles
4) By Other Products: Wall Art (Paintings, Prints, Mirrors), Decorative Accessories (Vases, Sculptures, Candles), Lighting Fixtures (Lamps, Chandeliers, Wall Sconces), Storage Solutions (Baskets, Shelves, Organizers), Home Fragrances (Candles, Diffusers, Air Fresheners)

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What Long-Term Drivers Are Shaping Home Decor Market Trends?
The expansion of the home decor market is poised to be driven by the growing popularity of smartphones and e-commerce. A smartphone, a handheld digital device that provides access to a cellular network and the internet, makes it convenient to purchase home decor items like wall decorations, cushions, curtains, and statuettes from various online shopping platforms. As an illustration, the U.S. Department of Transportation, a governmental department based in the US, reported that in December 2023, exports and imports accounted for 11.7 percent of the tonnage and 20.6 percent of the freight shipment value. These percentages are anticipated to increase, with global trade predicted to make up 13.8 percent of the tonnage and 21.7 percent of the freight shipment value circulating across the United States by 2050. Consequently, the surge in smart device usage is a key driver for the advancement of the home decor market.

Who Are the Top Competitors in Key Home Decor Market Segments?
Major companies operating in the home decor market include General Electric, Inter IKEA Systems BV, Koninklijke Philips N.V., Wayfair Inc., Mohawk Industries Inc., Shaw Industries Group Inc., Bed Bath & Beyond Inc., IKEA USA, Ashley Furniture Industries Ltd., Rooms To Go, Herman Miller Inc., Crate & Barrel, Springs Window Fashions LLC, Suofeiya Home Collection Co. Ltd., Pier 1 Imports Inc., Forbo Group, Hanssem Corporation, Armstrong World Industries Inc., Mannington Mills Inc., home24, Kimball International Inc., Samson Holding Ltd., Duresta Upholstery Ltd.

What Home Decor Market Trends Are Gaining Traction Across Different Segments?
The escalating trend of strategic partnerships and collaborations has been recognized in the home decor market. Key operators in the home decor market, like Mitzi, a US-based company, and Ruggable, an innovative washing rug company, have been partnering up with other renowned brands for a competitive edge. In April 2022, Mitzi collaborated with Dabito, the founder of Old Brand New, presenting twelve new items ranging from chandeliers to wall sconces that are a mixture of cool, contemporary, and desirable. Similarly, Ruggable teamed up with Keith Haring Studio in the same month, to offer a collection of 15 chenille rugs and 9 doormats featuring the late American artist's emblematic line drawings. Each product adheres to Ruggable's unique composition of a cushioned base with a detachable, washable top layer.

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Which Regions Are Becoming Hubs for Home Decor Market Innovation?
North America was the largest region in the home decor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the home decor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Home Decor Market?
2. What is the CAGR expected in the Home Decor Market?
3. What Are the Key Innovations Transforming the Home Decor Industry?
4. Which Region Is Leading the Home Decor Market?

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