Home decor is used for making internal and external spaces attractive and functionally more useful for the residents. Improving lifestyles and growing disposable income of individuals are creating lucrative business opportunities for this market. Consumers' preferences are shifting towards online sales channels due to the availability of a wide range of products at lower prices.
MARKET DYNAMICS
The growing number of homeowners, increasing construction in developing countries, and increase in the disposable income of individuals have influenced the home decor market positively. However, the increasing cost of raw material might affect the growth of the home decor market. Increasing urbanization and growing demand for home décor products for renovation are creating opportunities for the companies operating in the home décor market to gain a broad customer base and generate more revenues.
MARKET SCOPE
The "Global Home Decor Market Analysis to 2028" is a specialized and in-depth study of the home decor industry with a special focus on the global market trend analysis. The report aims to provide an overview of home decor market with detailed market segmentation by product, sales-channel, end-user and geography. The global home decor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading home decor market players and offers key trends and opportunities in the home decor market.
MARKET SEGMENTATION
The global home decor market is segmented on the basis of product, sales-channel, and end-user. Based on product, the market is segmented furniture, textile, floor coverings, and others. On the basis of the sales channel the market is segmented as direct sales and indirect sales. Based on the end-user the market is segmented into residential and commercial.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global home decor market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The home decor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting home decor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the home decor market in these regions.
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MARKET PLAYERSThe reports cover key developments in the home decor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from home decor market are anticipated to lucrative growth opportunities in the future with the rising demand for home decor in the global market. Below mentioned is the list of few companies engaged in the home decor market.
The report also includes the profiles of key home decor companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-Kimball International
-Herman Miller
-Ashley Furniture Industries Inc.
-Costco Wholesale
-Inter IKEA Group
-Forbo International SA
-Armstrong World Industries Inc.
-Mohawk Industries Inc.
-Shaw Industries Group, Inc.
-Duresta Upholstery Ltd.
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