Furniture textiles and floor covering products are key components of home decor. The online platform of home decor sale is well equipped with good door to door delivery and fitting services.
Global Home Decor Market Size Industry Trends Report 2019 2025
Apej home decor market is the most attractive market growing at a robust cagr over the assessment period.
Home decor market. Home decor is an effective way of portraying the lifestyle that a consumer believes in. The uk home decor market is growing at a faster rate than other home retail markets as customers opt for affordable options to give their homes a new look. Home decor includes decoration of a livable interior where layout and furnishings of space are enhanced using ornamentation and beautification.
Home decor market is expected to garner 6640 billion by 2020 registering a cagr of 42 during the forecast period 2015 2020. The report covers major international players operating in us home decor market. 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.
Furthermore based on various channels via which home decor are majorly sold across various region the home decor market can be categorized into specialty stores boutique stores departmental stores as well as the online platform. The global home decor market size was valued at usd 6631 billion in 2018. Expansion and developments in real estate industry have supplemented the growth of world home decor market.
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. The product demand is fueled by consumer preferences for fancy items to decorate in homes particularly wooden flooring and furniture. The global home decor market is estimated to register a cagr of xx in terms of value during forecast period 20172027.
Rising demand for furniture and fixtures as well upholstery products will boost the product demand in the market. In terms of market share few of the major players currently dominate the market. 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.
Items like household furniture furnishings for the home. The global home decor market reached a value of us 6304 billion in 2019. As home decor is more resilient than other uk homeware markets after brexit it is imperative for retailers to ensure that investment is directed to growing and improving trend led and.
The report offers in depth insights revenue details and other vital information regarding the target market and the various trends drivers restraints opportunities and threats till 2027. Home furniture segment poised to touch a value of nearly us 202900 mn in 2022 as per the forecast of future market insights the home furniture segment is expected to reach a value of nearly us 202900 mn in the year 2022.
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