Global Home Decor Market 2024-2028

The home decor market is forecasted to grow by USD 326.66 mn during 2023-2028, accelerating at a CAGR of 7.34% during the forecast period. The report on the home decor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising disposable income among global consumers, ongoing evolution of consumer lifestyles, and rising popularity of blogs related to interior designing.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.92%
CAGR	7.34%
Incremental Value	$326.66mn

Technavio's home decor market is segmented as below:

By Product

Furniture
Floor coverings
Others

By Distribution Channel

Offline
Online

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the growing demand for eco-friendly home decor items as one of the prime reasons driving the home decor market growth during the next few years. Also, enhancement of consumer experience through technologies and growing demand for multifunctional and modular furniture will lead to sizable demand in the market.

The report on the home decor market covers the following areas:

Home decor market sizing
Home decor market forecast
Home decor market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading home decor market vendors that include Armstrong World Industries Inc., Ashley Global Retail LLC, Bansal Handicrafts, Berkshire Hathaway Inc., Crate and Barrel, Duresta Upholstery Ltd., Home Decor International, Home24 SE, Inter IKEA Holding BV, Mannington Mills Inc., MillerKnoll Inc., Mohawk Industries Inc., Overstock Inc., Rhysley Group., Springs Window Fashions LLC, The Home Depot Inc., Tianjin U LIKE Intl Co. Ltd, Vetaas Nature., Wayfair Inc., and KRAPHY. Also, the home decor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR71265

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global home decor market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global home decor market 2018 - 2022 ($ million)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Furniture - Market size and forecast 2023-2028
Exhibit 34: Chart on Furniture - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Furniture - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Furniture - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Furniture - Year-over-year growth 2023-2028 (%)
6.4 Floor coverings - Market size and forecast 2023-2028
Exhibit 38: Chart on Floor coverings - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Floor coverings - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Floor coverings - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Floor coverings - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
Exhibit 46: Market opportunity by Product ($ million)
Exhibit 47: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

7.1 Market segments
Exhibit 48: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 49: Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
Exhibit 50: Chart on Comparison by Distribution Channel
Exhibit 51: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2023-2028
Exhibit 52: Chart on Offline - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Offline - Year-over-year growth 2023-2028 (%)
7.4 Online - Market size and forecast 2023-2028
Exhibit 56: Chart on Online - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Online - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Online - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 60: Market opportunity by Distribution Channel ($ million)
Exhibit 61: Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 India - Market size and forecast 2023-2028
Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ million)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Armstrong World Industries Inc.
Exhibit 115: Armstrong World Industries Inc. - Overview
Exhibit 116: Armstrong World Industries Inc. - Business segments
Exhibit 117: Armstrong World Industries Inc. - Key offerings
Exhibit 118: Armstrong World Industries Inc. - Segment focus
12.4 Ashley Global Retail LLC
Exhibit 119: Ashley Global Retail LLC - Overview
Exhibit 120: Ashley Global Retail LLC - Product / Service
Exhibit 121: Ashley Global Retail LLC - Key offerings
12.5 Berkshire Hathaway Inc.
Exhibit 122: Berkshire Hathaway Inc. - Overview
Exhibit 123: Berkshire Hathaway Inc. - Business segments
Exhibit 124: Berkshire Hathaway Inc. - Key news
Exhibit 125: Berkshire Hathaway Inc. - Key offerings
Exhibit 126: Berkshire Hathaway Inc. - Segment focus
12.6 Crate and Barrel
Exhibit 127: Crate and Barrel - Overview
Exhibit 128: Crate and Barrel - Product / Service
Exhibit 129: Crate and Barrel - Key offerings
12.7 Duresta Upholstery Ltd.
Exhibit 130: Duresta Upholstery Ltd. - Overview
Exhibit 131: Duresta Upholstery Ltd. - Product / Service
Exhibit 132: Duresta Upholstery Ltd. - Key offerings
12.8 Home24 SE
Exhibit 133: Home24 SE - Overview
Exhibit 134: Home24 SE - Business segments
Exhibit 135: Home24 SE - Key offerings
Exhibit 136: Home24 SE - Segment focus
12.9 Inter IKEA Holding BV
Exhibit 137: Inter IKEA Holding BV - Overview
Exhibit 138: Inter IKEA Holding BV - Product / Service
Exhibit 139: Inter IKEA Holding BV - Key news
Exhibit 140: Inter IKEA Holding BV - Key offerings
12.10 Mannington Mills Inc.
Exhibit 141: Mannington Mills Inc. - Overview
Exhibit 142: Mannington Mills Inc. - Product / Service
Exhibit 143: Mannington Mills Inc. - Key offerings
12.11 MillerKnoll Inc.
Exhibit 144: MillerKnoll Inc. - Overview
Exhibit 145: MillerKnoll Inc. - Business segments
Exhibit 146: MillerKnoll Inc. - Key offerings
Exhibit 147: MillerKnoll Inc. - Segment focus
12.12 Mohawk Industries Inc.
Exhibit 148: Mohawk Industries Inc. - Overview
Exhibit 149: Mohawk Industries Inc. - Business segments
Exhibit 150: Mohawk Industries Inc. - Key offerings
Exhibit 151: Mohawk Industries Inc. - Segment focus
12.13 Overstock Inc.
Exhibit 152: Overstock Inc. - Overview
Exhibit 153: Overstock Inc. - Product / Service
Exhibit 154: Overstock Inc. - Key news
Exhibit 155: Overstock Inc. - Key offerings
12.14 Rhysley Group.
Exhibit 156: Rhysley Group. - Overview
Exhibit 157: Rhysley Group. - Product / Service
Exhibit 158: Rhysley Group. - Key offerings
12.15 Springs Window Fashions LLC
Exhibit 159: Springs Window Fashions LLC - Overview
Exhibit 160: Springs Window Fashions LLC - Product / Service
Exhibit 161: Springs Window Fashions LLC - Key offerings
12.16 The Home Depot Inc.
Exhibit 162: The Home Depot Inc. - Overview
Exhibit 163: The Home Depot Inc. - Product / Service
Exhibit 164: The Home Depot Inc. - Key offerings
12.17 Wayfair Inc.
Exhibit 165: Wayfair Inc. - Overview
Exhibit 166: Wayfair Inc. - Business segments
Exhibit 167: Wayfair Inc. - Key news
Exhibit 168: Wayfair Inc. - Key offerings
Exhibit 169: Wayfair Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 170: Inclusions checklist
Exhibit 171: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 172: Currency conversion rates for US$
13.4 Research methodology
Exhibit 173: Research methodology
Exhibit 174: Validation techniques employed for market sizing
Exhibit 175: Information sources
13.5 List of abbreviations
Exhibit 176: List of abbreviations