The Global Home Decor Market size is expected to reach $792.6 billion by 2025, rising at a market growth of 4.9% CAGR during the forecast period.
In developed countries such as the US and UK, eco-friendly home decor products have generated a high demand owing to the increased environmental awareness. Multifunctional furniture is popular among consumers in developing countries. Online buying of home decor products is gaining popularity, worldwide. Consumers are now more inclined towards buying stylish and luxurious home decor products.
With the boom in the real estate sector and increasing disposable incomes, demand for the home decor and furniture industry will see a rise in the coming years. However, at the same time, customers will look for customized offerings to suit their lifestyle. Customers now believe that their homes and workspaces are a reflection of their personalities and are well aware of home fashion trends globally. The near future will see more customers look at brands to help them create spaces that reflect their identities and will gravitate towards the ones that offer personalized services.
Based on Product, the market is segmented into Furniture, Home Textile, and Floor Covering Market. Furniture has witnessed an increased adoption among consumers, owing to the increased disposable income and influence of western culture, especially the growing adoption of modular kitchen and lighting.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Forbo Holding, Armstrong World Industries, Mannington Mills, Mohawk Industries, Berkshire Hathaway, Herman Miller, Ashley Furniture Industries and Kimball International.
The market players are focusing on developing eco-friendly products since the popularity of these products is growing among consumers, owing to rising environmental awareness. Among the three key product segments; home textiles, floor coverings, and furniture, floor covering segment occupied the largest share in the overall home decor market. The segment is expected to maintain its leading position throughout the forecast period, owing to the wide adoption of floor coverings in different geographical markets.
Key Topics Covered
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.3 Market Scope
1.4.1 Global Home Decor Market, by Product
1.4.2 Global Home Decor Market, by Home Textile
1.4.3 Global Home Decor Market, by Floor Covering
1.4.4 Global Home Decor Market, by Geography
1.5 Methodology for the Research
Chapter 2. Market Overview
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Home Decor Market by Product
3.1.1 Global Furniture Market by Region
3.1.2 Global Furniture Market by Category
184.108.40.206 Global Kitchen Market by Region
220.127.116.11 Global Living and Bedroom Market by Region
18.104.22.168 Global Bathroom Market by Region
22.214.171.124 Global Outdoor Market by Region
126.96.36.199 Global Lighting Market by Region
3.1.3 Global Home Textile Market by Region
3.1.4 Global Home Textile Market by Category
188.8.131.52 Global Rug Market by Region
184.108.40.206 Global Bath Textiles Market by Region
220.127.116.11 Global Bed Textiles Market by Region
18.104.22.168 Global Kitchen & Dining Textiles Market by Region
22.214.171.124 Global Living Room Textiles Market by Region
3.1.5 Global Floor covering Market by Region
3.1.6 Global Floor Covering Market by Category
126.96.36.199 Global Tiles Market by Region
188.8.131.52 Global Wood & laminate Market by Region
184.108.40.206 Global Vinyl & rubber Textiles Market by Region
220.127.116.11 Global Carpets & Rugs Market by Region
18.104.22.168 Global Others Market by Region
Chapter 4. Global Home Decor Market by Region
4.1 North America Home Decor Market
4.2 Europe Home Decor Market
4.3 Asia-Pacific Home Decor Market
4.4 LAMEA Home Decor Market
Chapter 5. Company Profiles
5.1 Forbo Holding AG (Forbo International S.A.)
5.1.1 Company Overview
5.1.2 Financial Analysis
5.1.3 Segmental & Regional Analysis
5.1.4 Research & Development Expense
5.2 Armstrong World Industries Inc.
5.3 Mannington Mills Inc.
5.4 Mohawk Industries Inc.
5.5 Berkshire Hathaway Inc. (Shaw Industries Group Inc.)
5.6 Herman Miller Inc.
5.7 Ashley Furniture Industries Ltd.
5.8 Kimball International Inc.
5.9 Home Depot Inc.
5.10 Lowe's Companies Inc.
For more information about this report visit https://www.researchandmarkets.com/r/ia90dl