Global Home Decor Market 2023-2027

Description

List of Tables

Technavio has been monitoring the home decor market and is forecast to grow by $289.49 bn during 2022-2027, accelerating at a CAGR of 7.27% during the forecast period. Our 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 smartphone penetration and online platforms, the growing importance of innovative, customized furniture, and the rising popularity of blogs related to interior designing.

Technavio's home decor market is segmented as below:

By Product

Furniture
Floor coverings
Others

By Distribution Channel

Offline
Online

By Geography

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, the enhancement of consumer experience through technologies and increasing demand for contractual furniture will lead to sizable demand in the market.

Technavio 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. Our report on the home decor market covers the following areas:

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

Technavio's 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 home stores Ltd., Bed Bath and Beyond Inc., Costco Wholesale Corp., Duresta Upholstery Ltd., Forbo Management SA, Global Home Interiors, HANSSEM Co. Ltd., Home24 SE, Inter IKEA Holding BV, Kimball International Inc., Mannington Mills Inc., MillerKnoll Inc., Mohawk Industries Inc., Otto Home Goods, Penney IP LLC, Shaw Industries Group Inc., Springs Window Fashions LLC, Suofeiya Home Collection Co. Ltd., and Wayfair Inc. 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast 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 Geography
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 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global home decor market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global home decor market 2017 - 2021 ($ billion)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ billion)
4.3 Distribution channel Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Distribution channel Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
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 2022-2027
Exhibit 34: Chart on Furniture - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Furniture - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Furniture - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Furniture - Year-over-year growth 2022-2027 (%)
6.4 Floor coverings - Market size and forecast 2022-2027
Exhibit 38: Chart on Floor coverings - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Floor coverings - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Floor coverings - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Floor coverings - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Product
Exhibit 46: Market opportunity by Product ($ billion)

7 Market Segmentation by Distribution Channel

7.1 Market segments
Exhibit 47: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 48: Data Table on Distribution Channel - Market share 2022-2027 (%)
7.2 Comparison by Distribution Channel
Exhibit 49: Chart on Comparison by Distribution Channel
Exhibit 50: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2022-2027
Exhibit 51: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Offline - Year-over-year growth 2022-2027 (%)
7.4 Online - Market size and forecast 2022-2027
Exhibit 55: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Online - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 59: Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 61: Chart on Market share by geography 2022-2027 (%)
Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 UK - Market size and forecast 2022-2027
Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 India - Market size and forecast 2022-2027
Exhibit 101: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 102: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 103: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on India - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 105: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 106: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 108: Overview on factors of disruption
11.4 Industry risks
Exhibit 109: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 110: Vendors covered
12.2 Market positioning of vendors
Exhibit 111: Matrix on vendor position and classification
12.3 Armstrong World Industries Inc.
Exhibit 112: Armstrong World Industries Inc. - Overview
Exhibit 113: Armstrong World Industries Inc. - Business segments
Exhibit 114: Armstrong World Industries Inc. - Key offerings
Exhibit 115: Armstrong World Industries Inc. - Segment focus
12.4 Ashley home stores Ltd.
Exhibit 116: Ashley home stores Ltd. - Overview
Exhibit 117: Ashley home stores Ltd. - Product / Service
Exhibit 118: Ashley home stores Ltd. - Key offerings
12.5 Bed Bath and Beyond Inc.
Exhibit 119: Bed Bath and Beyond Inc. - Overview
Exhibit 120: Bed Bath and Beyond Inc. - Product / Service
Exhibit 121: Bed Bath and Beyond Inc. - Key news
Exhibit 122: Bed Bath and Beyond Inc. - Key offerings
12.6 Costco Wholesale Corp.
Exhibit 123: Costco Wholesale Corp. - Overview
Exhibit 124: Costco Wholesale Corp. - Business segments
Exhibit 125: Costco Wholesale Corp. - Key offerings
Exhibit 126: Costco Wholesale Corp. - Segment focus
12.7 Duresta Upholstery Ltd.
Exhibit 127: Duresta Upholstery Ltd. - Overview
Exhibit 128: Duresta Upholstery Ltd. - Product / Service
Exhibit 129: Duresta Upholstery Ltd. - Key offerings
12.8 Forbo Management SA
Exhibit 130: Forbo Management SA - Overview
Exhibit 131: Forbo Management SA - Business segments
Exhibit 132: Forbo Management SA - Key offerings
Exhibit 133: Forbo Management SA - Segment focus
12.9 HANSSEM Co. Ltd.
Exhibit 134: HANSSEM Co. Ltd. - Overview
Exhibit 135: HANSSEM Co. Ltd. - Product / Service
Exhibit 136: HANSSEM Co. Ltd. - Key offerings
12.10 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
12.11 Kimball International Inc.
Exhibit 141: Kimball International Inc. - Overview
Exhibit 142: Kimball International Inc. - Business segments
Exhibit 143: Kimball International Inc. - Key offerings
Exhibit 144: Kimball International Inc. - Segment focus
12.12 Mannington Mills Inc.
Exhibit 145: Mannington Mills Inc. - Overview
Exhibit 146: Mannington Mills Inc. - Product / Service
Exhibit 147: Mannington Mills Inc. - Key offerings
12.13 MillerKnoll Inc.
Exhibit 148: MillerKnoll Inc. - Overview
Exhibit 149: MillerKnoll Inc. - Business segments
Exhibit 150: MillerKnoll Inc. - Key offerings
Exhibit 151: MillerKnoll Inc. - Segment focus
12.14 Mohawk Industries Inc.
Exhibit 152: Mohawk Industries Inc. - Overview
Exhibit 153: Mohawk Industries Inc. - Business segments
Exhibit 154: Mohawk Industries Inc. - Key offerings
Exhibit 155: Mohawk Industries Inc. - Segment focus
12.15 Otto Home Goods
Exhibit 156: Otto Home Goods - Overview
Exhibit 157: Otto Home Goods - Product / Service
Exhibit 158: Otto Home Goods - Key offerings
12.16 Penney IP LLC
Exhibit 159: Penney IP LLC - Overview
Exhibit 160: Penney IP LLC - Product / Service
Exhibit 161: Penney IP LLC - Key offerings
12.17 Suofeiya Home Collection Co. Ltd.
Exhibit 162: Suofeiya Home Collection Co. Ltd. - Overview
Exhibit 163: Suofeiya Home Collection Co. Ltd. - Product / Service
Exhibit 164: Suofeiya Home Collection Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 165: Inclusions checklist
Exhibit 166: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 167: Currency conversion rates for US$
13.4 Research methodology
Exhibit 168: Research methodology
Exhibit 169: Validation techniques employed for market sizing
Exhibit 170: Information sources
13.5 List of abbreviations
Exhibit 171: List of abbreviations