The home decor market is set to witness robust growth at a CAGR of 4.4% during the forecast period, reaching a value of US$1.20 trillion in 2030 from US$969.761 billion in 2025.
Home décor encompasses the artistic and functional decoration of both interior and exterior residential spaces. This includes a wide range of products, from carpets and floor coverings to kitchen appliances, furniture, and other household items.The home décor market is experiencing growth driven by rising demand for luxury interiors, particularly in regions with high disposable income, and an increasing consumer preference for eco-friendly products.
Home décor encompasses the artistic and functional decoration of both interior and exterior residential spaces. This includes a wide range of products, from carpets and floor coverings to kitchen appliances, furniture, and other household items.The home décor market is experiencing growth driven by rising demand for luxury interiors, particularly in regions with high disposable income, and an increasing consumer preference for eco-friendly products.
Market Growth Drivers:
- Growing Disposable Income and Urbanization: Rising disposable income in developing nations is fueling increased demand for home décor products such as furniture and flooring. Consumers are increasingly incorporating premium products into their lifestyles, further driving market growth. Changing lifestyles are also contributing to the demand for higher-quality goods.
- Increasing Demand for Smart Homes: The continuous growth in smart home offerings, including smart decorative lighting, speakers, and aesthetic home appliances, is driving product consumption worldwide. Increased purchasing of connected technology-based décor items that offer next-generation entertainment, home security, and personalized health management is further boosting market growth. The expanding residential and commercial infrastructure is also contributing to sector growth.
Geographical Outlook:
- North America: North America dominates the home décor market due to the abundance of product options and consumers' adoption of dynamic trends.
- Europe: The demand for ethically sourced materials is increasing, and consumers in Europe are rapidly transitioning to sustainable home décor options.
- Asia Pacific: The expanding residential and commercial infrastructure in China and Southeast Asia is driving demand for contemporary kitchen and living room furniture.
- South America & MEA: South America, the Middle East, and Africa are anticipated to experience significant growth due to increasing urbanization.
Reasons for buying this report::
- Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
- Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
- Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
- Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
- Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What can businesses use this report for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence.Report Coverage:
- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
Home Decor Market is analyzed into the following segments:
By Product Type
- Furniture
- Textiles
- Flooring
- Others
By Application
- Indoor
- Outdoor
By Distribution Channel
- Online
- Offline
By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Others
Table of Contents
1. EXECUTIVE SUMMARY4. TECHNOLOGICAL OUTLOOK
2. MARKET SNAPSHOT
3. BUSINESS LANDSCAPE
5. HOME DECOR MARKET BY PRODUCT TYPE
6. HOME DECOR MARKET BY APPLICATION
7. HOME DECOR MARKET BY DISTRIBUTION CHANNEL
8. HOME DECOR MARKET BY GEOGRAPHY
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
10. COMPANY PROFILES
11. APPENDIX
Companies Mentioned
- Inter IKEA Systems B.V.
- AWI Licensing LLC
- Herman Miller, Inc.
- Kimball International, Inc.
- Godrej Interio
- Forbo Flooring Systems
- Suofeiya Home Collection Co.
- Duresta
- Springs Window Fashions
- Mohawk Industries, Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 147 |
Published | February 2025 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 969.76 Billion |
Forecasted Market Value ( USD | $ 1200 Billion |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |