Home Décor Market Size, Key Players, Revenue, Share, and Forecast 2031

U.S (New York)-The Latest Reports Home Décor Market research with many aspects of the enterprise like the market size, market status, market trends, and future insights or futuristic records alternatively of subsequent 10 years, the file additionally gives in depth evaluation of the opponents and the particular increase possibilities with key market drivers. The file consists of pinnacle primary fundamental player’s evaluation alongside with proceeds stream, CAGR status, SWOT and PESTLE evaluation increase fame in every geographical region. This lookup is an ideal aggregate of qualitative and quantitative market facts accumulated from principal and secondary sources. This market file pursuits to similarly complicated on the modern situation and his have an effect on of COVID-19 on the enterprise as a whole. The record in addition delves into the main aspects of the market and examines every segment.

The global home decor market was valued at $616.6 billion in 2019, and is estimated to reach $838.6 billion by 2027, registering a CAGR of 3.9% from 2020 to 2027. Home decor products such as furniture and textiles are installed across various settings, including spa, office, clean room, restaurants, camping, bedroom, outdoor, library, and stores. The home decor products include various items such as furniture, home textiles (, and floor coverings. Depending on end use, furniture designs can be modified through machine-based processes and handcrafting. The adoption of home decor products has been considerably high in the developed regions such as the U.S., Canada, and Germany, while emerging countries such as China, Brazil, and India are witnessing steady increase.

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The global home decor market is highly fragmented due to the presence of multiple vendors in both international and regional players. Developing real estate industry is driving the growth of the global home decor market in the current scenario. The global home decor market has witnessed significant growth over the years, and is expected to grow at a steady pace during the forecast period. This is attributed to surge in popularity of home decor products such as furniture, home textile, and floor covering among consumers. Moreover, rise in number of small-size houses has encouraged the use of products having facility for extra storage along with enhancing the aesthetical appearance of homes. In addition, rise in popularity of eco-friendly home decor products among consumers, owing to increase in environment concerns significantly contribute toward the growth of the global market.

Moreover, increase in disposable income and improvement in living standards in the emerging countries such as China and India along with rise in affinity of consumers toward luxury home decor products augment the growth of the home decor market. Presence of low-cost home decor producers in China and Vietnam is further anticipated to drive the growth of the global market. However, availability of low-quality and counterfeit products restricts the growth of the global market. In addition, dearth of skilled labor, ineffective transportation, and lack of infrastructure facilities may act as a hindrance for the global home decor market. On the contrary, upsurge in demand for trendy, customized, and fashionable designs for home decor products and increase in popularity of home decor products among high-income consumers are anticipated to provide lucrative growth opportunities for the global home decor market.

The global home decor market is segmented into product type, Income group, price point, distribution channel, and region. On the basis of product type, the market is divided into furniture, home textile, and floor covering. Depending on distribution channel, it is segregated into supermarkets and hypermarkets, specialty stores, e-commerce, and others. By income group, it is fragmented into lower-middle income, upper-middle income, and higher income. As per price point, it is categorized into mass and premium. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

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Product Type Segmentation

Our tailormade report can help companies and investors make efficient strategic moves by exploring the crucial information on market size, business trends, industry structure, market share, and market predictions.

Apart from the general projections, our report outstands as it includes thoroughly studied variables, such as the COVID-19 containment status, the recovery of the end-use market, and the recovery timeline for 2020/ 2021

Analysis on COVID-19 Outbreak Impact Include:
In light of COVID-19, the report includes a range of factors that impacted the market. It also discusses the trends. Based on the upstream and downstream markets, the report precisely covers all factors, including an analysis of the supply chain, consumer behaviour, demand, etc. Our report also describes how vigorously COVID-19 has affected diverse regions and significant nations.

Report Include:

  • Market Behaviour/ Level of Risk and Opportunity
  • End Industry Behaviour/ Opportunity Assessment
  • Expected Industry Recovery Timeline

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Each report by the Report Ocean contains more than 100+ pages, specifically crafted with precise tables, charts, and engaging narrative: The tailor-made reports deliver vast information on the market with high accuracy. The report encompasses: Micro and macro analysis, Competitive landscape, regional dynamics, Operational landscape, Legal Set-up, and Regulatory frameworks, Market Sizing and Structuring, Profitability and Cost analysis, Demographic profiling and Addressable market, Existing marketing strategies in the market, Segmentation analysis of Market, Best practice, GAP analysis, Leading market players, Benchmarking, Future market trends and opportunities.

KEY BENEFITS FOR STAKEHOLDERS

– The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing global home decor market opportunities.
– Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
– In-depth analysis of the size and segmentation assists to determine the prevailing market opportunities.
– The major countries in each region are mapped according to their revenue contribution to the global industry.
– The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the global home decor industry.

The key players profiled in this report include Inter IKEA Group, Forbo International SA, Armstrong World Industries, Inc., Mannington Mills, Inc., Mohawk Industries Inc., Shaw Industries Group, Inc., Herman Miller, Inc., Ashley Furniture Industries Ltd., Kimball International, and Duresta Upholstery Ltd. These players are focusing on the development of eco-friendly home decor products.

KEY MARKET SEGMENTATION

By Product Type
o Furniture
– Kitchen
– Living & Bedroom
– Bathroom
– Outdoor
– Lighting
o Home Textiles
– Rugs Textiles
– Bath Textiles
– Bed Textiles
– Kitchen & Dining
– Textiles
– Living Room Textiles
o Floor Coverings
– Tiles
– Wood & Laminate
– Vinyl & Rubber
– Carpets & Rugs
– Others

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By Distribution Channel
o Supermarkets & Hypermarkets
o Specialty Stores
o E-commerce
o Others
Income Group
o Lower-middle Income
o Upper-Middle Income
o Higher Income
Price Point
o Mass
o Premium

By Region
o North America
– U.S.
– Canada
– Mexico
o Europe
– Germany
– France
– UK
– Italy
– Spain
– Rest of Europe
o Asia-Pacific
– China
– India
– Japan
– Australia
– South Korea
– Rest of Asia-Pacific
o LAMEA
– Brazil
– South Africa
– UAE
– Rest of LAMEA

Table of Content:

  • Report Overview
  • Global Growth Trends
  • Competition Landscape by Key Players
  • Data Segments
  • North America Market Analysis
  • Europe Market Analysis
  • Asia-Pacific Market Analysis
  • Latin America Market Analysis
  • Middle East & Africa Market Analysis
  • Key Players Profiles Market Analysis
  • Analysts Viewpoints/Conclusions
  • Appendix

Highlight the Following Key Factors:

Business Description: A particular description of agency operations and enterprise departments.

Company Strategy: The analyst’s precis of the company’s commercial enterprise strategy.

SWOT Analysis: Detailed evaluation of the company’s strengths, weaknesses, opportunities, and threats.

Company History: The development of predominant occasions associated to the company.

Main merchandise and services: A listing of the company’s fundamental products, services, and brands.

Main Competitors: A listing of the company’s fundamental competitors.

Important places and subsidiaries: The company’s major places and subsidiaries’ listing and contact information.

Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.

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