The global home decor market size is expected to reach 7926 billion by 2025 rising at a market growth of 49 cagr during the forecast period. However with technological advancement and product innovation mid size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
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 size. However with technological advancements and product innovation mid size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets. In terms of market share few major players currently dominate the market. The report covers major international players operating in the uk home decor market.
The report covers major international players operating in us home decor market. The global home decor market reached a value of us 6304 billion in 2019. The global home decor market size was valued at usd 6631 billion in 2018.
Home decor is a way that a house or apartment is decorated with various furnishings and accessories that make it look more appealing. Home decor includes decoration of a livable interior where layout and furnishings of space are enhanced using ornamentation and beautification. The product demand is fueled by consumer preferences for fancy items to decorate in homes particularly wooden flooring and furniture.
Apej market set to dominate the global home decor market in terms of revenue. Marketresearchbiz delivers in depth insights on the global home decor market in its upcoming report titled global home decor market trends applications analysis growth and forecast. Home decor market is expected to garner 6640 billion by 2020 registering a cagr of 42 during the forecast period 2015 2020.
The global home decor market size is expected to reach 7926 billion by 2025 rising at a market growth of 49 cagr during the forecast 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. Furniture textiles and floor covering products are key components of home decor.
2017 to 2027the global home decor market is estimated to register a cagr of xx in terms of value during forecast period 20172027. Home decor is an effective way of portraying the lifestyle that a consumer believes in. Expansion and developments in real estate industry have supplemented the growth of world home decor market.
Apej home decor market is the most attractive market growing at a robust cagr over the assessment period. Home decor has recently gained importance in the global market where the generalists are learning various ways in which they can keep their home looking brilliant and peaceful. 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.
In terms of market share few of the major players currently dominate the market.
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