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Market Research Report

Asia-Pacific Home Decor Industry Analysis: By Product, By Location, By Consumer Segment, By Distribution Channel, By End-User, By Geography with COVID-19 impact | Forecast Period 2017-2030

Published Date :

2020-09-01

Report Pages :

769

Format :

PDF

Region Covered :

Asia Pacific

Market Overview (2017-2030)

Asia-Pacific region is experiencing rapid residential and commercial construction that will require interior decoration. Home décor is feasibly one of the surest ways for customers to transform the overall mood of the space. The personal choices of the people impact a house renovation with innovative ideas and using various types of furniture and furnishings to alter a living room or bedroom or even a bathroom. Home décor market revenue varies from premium customers to the masses. The growth in the Asia-Pacific interior designing market and the rise in the construction of new buildings are fuelling the growth of the Asia-Pacific home décor market. The offices, clubs and homes owners are inclining towards creative interior designing, which requires home décor products to justify the creativity and ideas of the designer. In 2016 interior design market has reached USD 94.0 billion globally. The rising trend of using waste materials in a way to look fashionable and match with the look and feel of the interior designing also impacts the home décor products. The home designing trends continue to change season by season such as in 2018 the trending fashion is using rich and dark colors, velvets and woods. Therefore, it is essential for market players to manufacture trending products in order to sustain business growth.

Asia-Pacific Home Décor Market Segmentation

By Product

  • Furniture (tables, chairs, etc.)
  • Furnishings (rugs, hangings, etc.)

Furnishings segment accounted for the largest market share of 53.8% in 2017 owing to rising interest of people for wall décor for better enhancing the wall and space, either through hanging the paintings or by directly painting on the walls. The furniture segment is expected to grow at a CAGR of 8.0% over the forecast period due to the fact that no designing of an area can be completed without using furniture.

By Location

  • Indoor
  • Outdoor

By Consumer Segment

  • Premium Customers
  • Mass Customers

By Distribution Channel

  • Online
  • Offline

By End-User

  • Golf Courses
  • Retail Stores
  • Residential
  • Others (Hotels, etc.)

By Geography

  • Japan Home Décor Market {Market Share (%), Market Size (USD Billion)}
  • China Home Décor Market {Market Share (%), Market Size (USD Billion)}
  • India Home Décor Market {Market Share (%), Market Size (USD Billion)}
  • Australia Home Décor Market {Market Share (%), Market Size (USD Billion)}
  • Singapore Home Décor Market {Market Share (%), Market Size (USD Billion)}
  • South Korea Home Décor Market {Market Share (%), Market Size (USD Billion)}
  • New Zealand Home Décor Market {Market Share (%), Market Size (USD Billion)}
  • Rest of APAC Home Décor Market {Market Share (%), Market Size (USD Billion)}

Based on geography, China dominated the home décor market with a share of 18.4% in 2017 of the Asia-Pacific total, owing to the large construction of residential and commercial spaces in the country. India is the fastest growing market at the rate of 6.3% owing to the customer lifestyles, preferences, and tastes which has been changing as per the consumer income levels along with the rapid residential and commercial construction in the country that will require the interior decoration.

Covered In This Asia-Pacific Home Décor Market Report            

The report covers the present ground scenario and the future growth prospects of the home décor market for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Asia-Pacific region.

Asia-Pacific Home Décor Market Outlook 2017-2030, has been prepared based on in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Asia-Pacific home décor market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Asia-Pacific Home Décor Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.

COVID-19 impact on "Asia-Pacific Home Décor Market "

The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Asia-Pacific Home Décor Market " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.

Top Companies in Competition & the Rising Stars

Our Asia-Pacific home décor market report comprises of the following companies as the key players:

  • Bed IKEA
  • Bath & Beyond
  • Home Depot
  • Lowes
  • Wal-Mart
  • Costco
  • Havertys
  • Wayfair Company
  • Williams-Sonoma
  • Ethan Allen
  • JC Penney
  • Pottery Barn
  • Crate & Barrel
  • West Elm
  • The Land of Nod
  • Kirkland
  • Kohls
  • Macys Inc.
  • Restoration Hardware
  • Sears etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

For a full detailed overview, send us the sample request.

Key questions answered in this Asia-Pacific Home Décor Market Report

  • What is the total market size by 2030 and what would be the expected growth rate of market?
  • What is the total revenue per segment and region in 2017-18 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

Reasons to buy this market study

  • Facilitate decision-making based on strong historic and forecast data for Asia-Pacific Home décor Market
  • Develop strategies based on the latest regulatory framework
  • Position yourself to gain the maximum advantage of the Asia-Pacific Home décor industry’s growth potential
  • Identify key partners and business development avenues across the globe
  • Respond to your competitors’ business structure, strategy and prospects



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Asia-Pacific Home Decor Industry Analysis: By Product, By Location, By Consumer Segment, By Distribution Channel, By End-User, By Geography with COVID-19 impact | Forecast Period 2017-2030

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