Home decor is used for making internal and external spaces attractive and functionally more useful for the residents. Improving lifestyles and growing disposable income of individuals are creating lucrative business opportunities for this market. Consumers’ preferences are shifting towards online sales channels due to the availability of a wide range of products at lower prices.
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Some of the key players influencing the Home Decor Industry are
- Kimball International
- Herman Miller
- Ashley Furniture Industries Inc.
- Costco Wholesale
- Inter IKEA Group
- Forbo International SA
- Armstrong World Industries Inc.
- Mohawk Industries Inc.
- Shaw Industries Group, Inc.
- Duresta Upholstery Ltd.
The growing number of homeowners, increasing construction in developing countries, and increase in the disposable income of individuals have influenced the home decor market positively. However, the increasing cost of raw material might affect the growth of the home decor market.
Increasing urbanization and growing demand for home décor products for renovation are creating opportunities for the companies operating in the home décor market to gain a broad customer base and generate more revenues.
The “Global Home Decor Market Analysis to 2027” is a specialized and in-depth study of the home decor industry with a special focus on the global market trend analysis. The report aims to provide an overview of home decor market with detailed market segmentation by product, sales-channel, end-user and geography. The global home decor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading home decor market players and offers key trends and opportunities in the home decor market.
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