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The global home decor market was valued at US$ 682 Billion in 2021.
We expect the global home decor market to exhibit a CAGR of 4.8% during 2022-2027.
The expanding real estate sector, along with the rising popularity of eco-friendly home decor products,
is primarily catalyzing the global home decor market.
The sudden outbreak of the COVID-19 pandemic has led to the shifting consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of
home decor products.
Based on the product type, the global home decor market has been divided into home furniture, home
textiles, flooring, wall decor, lighting, and others. Among these, home furniture exhibits a clear
dominance in the market.
Based on the distribution channel, the global home decor market can be segmented into home décor
stores, supermarkets and hypermarkets, online store, gift shops, and others. Currently, home décor
stores account for the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global home decor market include Ashley Furniture Industries Inc.,
Duresta Upholstery Ltd., Forbo Holding AG, Herman Miller Inc., Inter IKEA Systems B.V., Kimball
International Inc., Koninklijke Philips N.V., Mannington Mills Inc., Mohawk Industries Inc., Hanssem
Co., Ltd., Siemens AG, Springs Window Fashions, LLC, Suofeiya Home Collection Co., Ltd., Samson
Holding Ltd, Shaw Industries Group Inc. (Berkshire Hathaway Inc.) and Sophia Home.
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