PUBLISHER: TechNavio (Infiniti Research Ltd.) | PRODUCT CODE: 1205793
PUBLISHER: TechNavio (Infiniti Research Ltd.) | PRODUCT CODE: 1205793
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
By Distribution Channel
By Geography
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:
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.
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