Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Home Decor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global home decor market reached a value of US$ 641.4 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.8% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Home decor is an effective way of portraying the lifestyle that a consumer believes in. Home decor products are used in the decoration of an apartment or a house with various accessories and furnishings to provide a more aesthetic and pleasant appeal to the building. Items in home decor include household furniture, lamps, textiles, floor coverings, pots, candles, artifacts, furnishing items, etc. Home decor has been gaining prominence across both developed and developing markets with increasing urbanization and globalization trends. Globalization is now enabling easy and wide availability of such decorative items, designs and ideas to consumers. Homeowners are also realizing the need of such items and are often searching for them to keep their homes more attractive and organized.

 

 
 

www.imarcgroup.com

Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

The home decor market is witnessing a healthy growth catalyzed by the rising levels of disposable incomes, recovery of the real estate industry, increasing urbanization rates and rising awareness levels. Rising levels of urbanization have resulted in an increasing number of new households being setup. Currently more than half of the global population live in urban areas and these levels are expected to increase further in the coming years, creating a positive impact on the demand of home decor products. Moreover, home decor products are income elastic, we expect global disposable incomes to increase continuously over the next few years, particularly in emerging economies such as Asia, Africa, Middle East, Eastern Europe, etc.  Additionally, the recovery of the global real estate industry is also expected to drive homeownership rates creating a positive impact on this market. Another major factor driving this market is the strong performance of the online retail sector. The advent of online retail has made home decor products easily available, affordable, and convenient to buy.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global home decor market, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on product type and distribution channel.

Breakup by Product Type:

 

 
 

www.imarcgroup.com

Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Home Furniture
  • Home Textiles
  • Flooring
  • Wall Decor
  • Lighting
  • Others


Based on product types, the market has been classified into home furniture, home textiles, flooring, wall decor, lighting and others. The report finds that furniture is currently one of the most popular type of homedecor products as it offers utility and aesthetic value to the homes.

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Home Decor Stores
  • Gift Shops
  • Direct to Consumer
  • Online Stores
  • Others 


Based on the distribution channel, the market has been segmented into supermarkets and hypermarkets, home decor stores, direct to customer, gift shops, online store, and others.

Breakup by Region:

 

 
 

www.imarcgroup.com

To get more information on the regional analysis of this market, Request Sample

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America


Region-wise, North America represents the largest market for home decor products worldwide, owing to the construction of new buildings in the region. Other major regions include Europe, Asia Pacific, Latin America, and Middle East and Africa.

Competitive Landscape 

The competitive landscape along with the profiles of key players operating in the market have also been examined in this report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Product Type, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Home Decor Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Product Type
    5.5    Market Breakup by Distribution Channel
    5.6    Market Breakup by Region
    5.7    Market Forecast
    5.8    SWOT Analysis
        5.8.1    Overview
        5.8.2    Strengths
        5.8.3    Weaknesses
        5.8.4    Opportunities
        5.8.5    Threats
    5.9    Value Chain Analysis
        5.9.1    Overview
        5.9.2    Raw Material Procurement
        5.9.3    Manufacturing
        5.9.4    Marketing
        5.9.5    Distribution
        5.9.6    End-Use
    5.10    Porters Five Forces Analysis
        5.10.1    Overview
        5.10.2    Bargaining Power of Buyers
        5.10.3    Bargaining Power of Suppliers
        5.10.4    Degree of Competition
        5.10.5    Threat of New Entrants
        5.10.6    Threat of Substitutes
6   Market Breakup by Product Type
    6.1    Home Furniture
        6.1.1    Market Trends
        6.1.2    Market Forecast   
    6.2    Home Textiles
        6.2.1    Market Trends
        6.2.2    Market Forecast
    6.3    Flooring 
        6.3.1    Market Trends
        6.3.2    Market Forecast
    6.4    Wall Decor
        6.4.1    Market Trends
        6.4.2    Market Forecast
    6.5    Lighting
        6.5.1    Market Trends
        6.5.2    Market Forecast
    6.6   Others
        6.6.1    Market Trends
        6.6.2    Market Forecast
7   Market Breakup by Distribution Channel
    7.1    Supermarkets and Hypermarkets
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Home Decor Stores
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Gift Shops
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Direct to Consumer
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Online Store
        7.5.1    Market Trends
        7.5.2    Market Forecast
    7.6    Others 
        7.6.1    Market Trends
        7.6.2    Market Forecast
8   Market Breakup by Region
    8.1    North America
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Europe
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    Asia Pacific
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Middle East and Africa
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Latin America
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   Competitive Landscape
    9.1    Market Structure
    9.2    Key Players
    9.3    Profiles of Key Players

List of Figures

Figure 1: Global: Home Decor Market: Major Drivers and Challenges
Figure 2: Global: Home Decor Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Home Decor Market: Breakup by Product Type (in %), 2020
Figure 4: Global: Home Decor Market: Breakup by Distribution Channel (in %), 2020
Figure 5: Global: Home Decor Market: Breakup by Region (in %), 2020
Figure 6: Global: Home Decor Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 7: Global: Home Decor Industry: SWOT Analysis
Figure 8: Global: Home Decor Industry: Value Chain Analysis
Figure 9: Global: Home Decor Industry: Porter’s Five Forces Analysis
Figure 10: Global: Home Decor (Home Furniture) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 11: Global: Home Decor (Home Furniture) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 12: Global: Home Decor (Home Textiles) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 13: Global: Home Decor (Home Textiles) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 14: Global: Home Decor (Flooring) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 15: Global: Home Decor (Flooring) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 16: Global: Home Decor (Wall Decor) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 17: Global: Home Decor (Wall Decor) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 18: Global: Home Decor (Lighting) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 19: Global: Home Decor (Lighting) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 20: Global: Home Decor (Others) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 21: Global: Home Decor (Others) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 22: Global: Home Decor Market: Sales through Supermarkets and Hypermarkets (in Billion US$), 2015 & 2020
Figure 23: Global: Home Decor Market Forecast: Sales through Supermarkets and Hypermarkets (in Billion US$), 2021-2026
Figure 24: Global: Home Decor Market: Sales through Home Decor Stores (in Billion US$), 2015 & 2020
Figure 25: Global: Home Decor Market Forecast: Sales through Home Decor Stores (in Billion US$), 2021-2026
Figure 26: Global: Home Decor Market: Sales through Gift Shops (in Billion US$), 2015 & 2020
Figure 27: Global: Home Decor Market Forecast: Sales through Gift Shops (in Billion US$), 2021-2026
Figure 28: Global: Home Decor Market: Sales through Direct to Consumer (in Billion US$), 2015 & 2020
Figure 29: Global: Home Decor Market Forecast: Sales through Direct to Consumer (in Billion US$), 2021-2026
Figure 30: Global: Home Decor Market: Sales through Online Stores (in Billion US$), 2015 & 2020
Figure 31: Global: Home Decor Market Forecast: Sales through Online Stores (in Billion US$), 2021-2026
Figure 32: Global: Home Decor Market: Sales through Other Distribution Channels (in Billion US$), 2015 & 2020
Figure 33: Global: Home Decor Market Forecast: Sales through Other Distribution Channels (in Billion US$), 2021-2026
Figure 34: North America: Home Decor Market: Sales Value (in Billion US$), 2015 & 2020
Figure 35: North America: Home Decor Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 36: Europe: Home Decor Market: Sales Value (in Billion US$), 2015 & 2020
Figure 37: Europe: Home Decor Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 38: Asia Pacific: Home Decor Market: Sales Value (in Billion US$), 2015 & 2020
Figure 39: Asia Pacific: Home Decor Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 40: Middle East and Africa: Home Decor Market: Sales Value (in Billion US$), 2015 & 2020
Figure 41: Middle East and Africa: Home Decor Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 42: Latin America: Home Decor Market: Sales Value (in Billion US$), 2015 & 2020
Figure 43: Latin America: Home Decor Market Forecast: Sales Value (in Billion US$), 2021-2026


List of Tables

Table 1: Global: Home Decor Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Home Decor Market Forecast: Breakup by Product Type (in Billion US$), 2021-2026
Table 3: Global: Home Decor Market Forecast: Breakup by Distribution Channel (in Billion US$), 2021-2026
Table 4: Global: Home Decor Market Forecast: Breakup by Region (in Billion US$), 2021-2026
Table 5: Global: Home Decor Market: Competitive Structure
Table 6: Global: Home Decor Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Key Question Answered in this Report

The global home decor market was valued at US$ 641.4 Billion in 2020. 

We expect the global home decor market to exhibit a CAGR of 4.8% during 2021-2026.

The expanding real estate sector, along with the rising per capita expenditures on high-end home décor products, represent some of the factors 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 supermarkets and hypermarkets, home decor stores, gift shops, direct to consumer, online stores, and others. Currently, home decor 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 Inter IKEA Systems B.V., Kimball International Inc., Herman Miller, Inc., home24, Hanssem Corporation, Koninklijke Philips N.V., Conair Corporation, Suofeiya Home Collection Co., Ltd., Springs Window Fashions LLC, Siemens AG, etc.

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2299

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links