Home-décor Market Size, Share, Application, Analysis 2023-2032
Home-décor Market Size was valued at USD 619.8 Billion in 2022. The home-décor Market industry is projected to grow from USD 644.5 Billion in 2023 to USD 882.1 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.00% during the forecast period (2023 - 2032).The Future Market Research Report has added a new statistical market report to its repository titled as, Home-décor Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on recent developments and technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The report also presents forecasts for Home-décor investments from 2023 to 2032.
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Key Companies in the Home-décor Market include:
Forbo Management SA
Shaw Industries Group, Inc.
Ashley Furniture Industries
Mannington Mills, Inc.
Armstrong World Industries, Inc.
Mohawk Industries, Inc.
Millerknoll, Inc.
IKEA Holding BV.
Duresta Upholstery Ltd.
Kimball International Inc.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others.
Home-décor Market Segmentation
Home-décor Product Type Outlook
Home Textile
Floor Covering
Furniture
Home-décor Price Outlook
Premium
Mass
Home-décor Distribution Channel Outlook
Supermarkets and Hypermarkets
Specialty Stores
E-commerce
Others
Home-décor Income Outlook
Lower-Middle Income
Upper-Middle Income
Higher Income
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Home-décor Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American home-décor Market area will dominate this Market, owing to rising product accessibility and expansion of online and offline home-décor channels. In addition, the growing penetration of different décor products will boost market growth in this region.
Further, the major countries studied in the market report are The US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.:
Home-décor Industry Developments
March 2023: Wayfair joined hands with various home-décor brands to offer a wider range of products on its platform, including décor and luxury furniture.
June 2023: Overstock purchased Bed Bath & Beyond for $ 21.5 million, and the firm announced that Overstock would rebrand itself as Bed Bath & Beyond. As of right now, users visiting Overstock.com are sent to bedbathandbeyond.com.
June 2022: Home Depot said in a news release that it has added furniture for kids to its online inventory of décor items. The brand, appropriately named StyleWell Kids, debuted exclusively on the Home Depot online on June 2 and provides 'on-trend home décor' for the younger demographic.
Key Benefits:
This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
The individual market revenue of the major countries in each area is mapped.
The research examines the Home-décor Market circumstances on a regional and country-by-country basis.
The Home-décor Market's major participants have been identified.
To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
An in-depth analysis of the Home-décor Market's segmentation within the market has been offered, which is predicted to aid in the current market opportunities.
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