Home Decor Market - Size, Global Industry Analysis, Share, Demand & Growth, SWOT Analysis and Forecast 2017-2025

Market Overview

Home décor is feasibly one of the surest ways for customers to change the overall look and feel of the space. As per the personal choices a house can be renovated with innovative ideas and using different furniture and furnishings from a living room to bedroom to even bathroom. Home décor market revenue ranges from low priced to luxury priced. The growth in the global interior designing market and the rise in the construction of new buildings are fuelling the growth of the global home décor market. With the revamp of the housing sector in the US as well as in Europe, the home décor and interior designing market have started to creep up. The offices, homes, clubs have been inclined towards creative interior designing, requiring innovative home décor products to justify the creativity and ideas.

In 2016 the interior design market has reached USD 94.0 billion globally. There is a rising trend of using waste materials in a way to look fashionable and match with the mood of the interior designing. The trends continue to change season by seasons such as in 2018 the trending fashion is using rich and dark pigments, velvets and woods. Therefore, it is essential for the players of the market to manufacture the products as per the trends and fashion in order to sustain business growth. 

Global Home Décor Market Segmentation

By Product

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

Furnishings segment accounted for the largest market share of 54.7% 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. 

By Location

• Indoor
• Outdoor

By Consumer Segment

• Premium Customers
• Mass Customers

By Distribution Channel

• Online
• Offline

By End-User

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

By Geography

• North America (U.S. & Canada)  Home Décor Market {Market Share (%), Market Size (USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Home Décor Market {Market Share (%), Market Size (USD Billion)}
• Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Home Décor Market {Market Share (%), Market Size (USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Home Décor Market {Market Share (%), Market Size (USD Billion)}
• The Middle East & Africa (GCC, South Africa, North Africa, Romea)  Home Décor Market {Market Share (%), Market Size (USD Billion)}

Based on geography, North America is leading the home décor market with a share of 23.4% of the global total, owing to the customer lifestyles, preferences, and tastes that have been changing as per the consumer income levels. Asia-Pacific is the fastest-growing market at the rate of 6.3% owing to the rapid residential and commercial construction that will require the interior decoration also the rising income of the people has started renovating their places.    

Covered In This Global Home Décor Market Report

The report covers the present ground scenario and the future growth prospects of the home décor market for 2017-2025 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 Global region.

Global Home Décor Market Outlook 2017-2025, 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 global 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. “Global 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.

Our Global 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.

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Key questions answered in this Global Home Décor Market Report

• What is the total market size by 2025 and what would be the expected growth rate of the market?
• What is the total revenue per segment and region in 2015-16 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 Global Home décor Market
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• Position yourself to gain the maximum advantage of the Global 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.