Home Decor Market - Trends Forecast Till 2028

Published Date: November, 2021

Base Year Estimate: 2020

Report ID: D-CG-HDM-411

Format:  

Number of Pages: 349

Domain: Consumer Goods & Services

Home Decor Market – Trends Forecast Till 2028

The global Home Decor market size is projected to reach USD 840 billion by 2026 at a CAGR of 4.3% from USD 630 billion in 2021 during the forecast period 2021-2028.

Home décor is all about styling the interior of a house. These may vary from person to person and also to the economic background of the owner but include all the aesthetic components like wall hangings, pictures, lamps, show pieces which would make the house look more appealing and visually attractive.

With the expanding consumer base along with the recent trend of urbanization are some of the factors that have supported long-term expansion for Home Decor Market.

Home Decor Market Report

North America is expected to be the largest market during the forecast period. The advanced evolved retail structure along with the recent adoption of home decor products and the consumer expenditure on the same have led to growth in the home decor in the region.

Home Decor Market is segmented into material type, end use, implementation and geography.

On the basis of Distribution Channel

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • E-commerce
  • Others

On the basis of Income Group

  • Lower-middle income
  • Upper-middle income
  • Higher income

On the basis of Product Type

  • Home textile
    • Rugs textiles
    • Bath Textiles
    • Bed Textiles
    • Kitchen & Dining Textiles
    • Living Room Textiles
  • Floor covering
    • Tiles
    • Wood & Laminate
    • Vinyl & Rubber
    • Carpets & Rugs
    • Others
  • Furniture
    • Kitchen
    • Living and Bedroom
    • Bathroom
    • Outdoor
    • Lighting

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Home Decor Market Primary Respondents

 

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.

Recent Developments

  • Ingka Centres, part of the Ingka Group, (which also includes IKEA Retail and Ingka Investments), has today taken its first step to expand into India with a major land acquisition in India.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Home Decor market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope
 

Report Feature

Descriptions

Market Revenue In 2021

USD 630 billion

Growth Rate

CAGR of 4.3% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD million and CAGR from 2021 to 2028

Report Segmentation

Product type, distribution channel, income group and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

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.

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