Home Decor Market size was valued at US$ 665.63 Bn in 2021 and the total revenue is expected to grow at a CAGR of 3.9% through 2022 to 2029, reaching nearly US$ 903.98 Bn.

Home Decor Market Overview

The market size, market dynamics, strategies, market revenue, pricing analysis, micro and macro market trends and scenarios, and industry benchmarks are all thoroughly described in the industry overview.Market size, customer preferences according to location, and industrial competition are all thoroughly discussed.

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Home Decor Market Report Scope and Research Methodology

The Home Decor Market size for individual segments were determined through various secondary sources including industry associations, white papers, and journals. Surveys, administering questionnaires and telephonic interviews with Home Decor industry specialists, market leaders, entrepreneurs and marketing professionals were included in the primary methods. The PESTLE analysis was used to understand the potential impact of the micro-economic and macro-economic factors affecting the Home Decor Market.

The industry's competition, which includes market leaders, imitators, and newcomers, is thoroughly studied. The critical figures arrived at following thorough market engineering and calculations for market statistics Home Decor market size estimations, market projections, market breakdown, and data triangulation—were confirmed and verified through extensive primary research. The company's annual reports, articles, paid and free databases, etc. were used to gather the secondary data. The bottom-up approach was used to calculate the size of the regional and global Home Decor market.

Market Segmentation

The market is divided into three categories based on the type of product: furniture, home textiles, and floor coverings. Growing demand for wooden furniture because of its superior quality and look has fueled the segment's growth. The rising use of modular kitchens and closets is also significantly influenced by western society. The increasing use of eco-friendly products is the consequence of evolving consumer patterns, which has led to an increase in the use of green products in various parts of the home, including the bedroom, bathroom, outdoor space, and indoor space. In addition to pinewood as an alternative, other raw materials utilised in the production of furniture, such as metal, plastic, glass, and leather, have made strides in the market.

The market is divided into Supermarkets & Hypermarkets, Specialty Stores, E-Commerce, and Others based on the distribution channel. Due to increased external competition, the specialty stores business has experienced high concentration recently, although the tiny specialised retail stores industry has experienced low market share concentration. These are the main factors that will fuel this segment's expansion in the global home decor market from 2022 to 2029.

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Home Decor Market Key Players

• Inter IKEA Systems BV
• 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
• Duresta Upholstery Ltd.
• home24
• Hanssem Corporation
• Koninklijke Philips N.V.
• Conair Corporation
• Suofeiya Home Collection Co., Ltd.
• Springs Window Fashions LLC
• Siemens AG.
• J.C. Penney
• Otto
• Sears Holdings

Home Decor Market Regional Insights

The regional analytics cover North America, South America, Asia Pacific, Europe & Middle East and Africa. The report includes a detailed explanation of market size, trends,  competition & adoption of technology region wise.  

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Key questions answered in the Home Decor Market are:

• What is Home Decor ?
• What are the global trends in the Home Decor Market?
• What was the Home Decor Total Market size in 2022?
• What is expected Home Decor Market size by 2029?
• Who held the largest market share in Home Decor Market?
• Who are the leading companies and what are their portfolios in Home Decor Market?
• What are the major challenges that the Home Decor Industry could face in the future?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Industrial Manipulator Market Size, Share, Size & Forecast by different segment | 2022−2029
• Industrial Manipulator Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Industrial Manipulator Market Segmentation – A detailed analysis by Type, Application and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – 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

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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