Expansion and developments in real estate industry have supplemented the growth of world home decor market. Home decor market is expected to garner 6640 billion by 2020 registering a cagr of 42 during the forecast period 2015 2020.
Global Home Decor Market Size Industry Trends Report 2019 2025
Rising demand for furniture and fixtures as well upholstery products will boost the product demand in the market.
Home decor market growth. Home decor is an effective way of portraying the lifestyle that a consumer believes in. Apej market set to dominate the global home decor market in terms of revenue. Apej home decor market is the most attractive market growing at a robust cagr over the assessment period.
The global home decor market size was valued at usd 6631 billion in 2018. The global home decor market reached a value of us 6304 billion in 2019. Furniture textiles and floor covering products are key components of home decor.
London business wire technavio has been monitoring the online home decor market and it is poised to grow by usd 8332 billion during 2020 2024 progressing at a cagr of almost 13 during the. The product demand is fueled by consumer preferences for fancy items to decorate in homes particularly wooden flooring and furniture. 04 2019 globe newswire the home decor market.
The market in apej is set to dominate the global home decor market in terms of value and this trend is projected to sustain itself throughout the assessment period. Home decor products are used in the decoration of an apartment or a house with various accessories and furnishings to provide a more aesthetic and pleasant appeal to the building.
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