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Home Decor Market in US 2024-2028

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    Report

  • 127 Pages
  • July 2024
  • Region: United States
  • TechNavio
  • ID: 5900914
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The US home decor market is forecasted to grow by USD 58.98 billion during 2022-2027, accelerating at a CAGR of 7.44% during the forecast period. The report on the US 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 rise in online spending and smartphone penetration, growing demand for high-end and luxury home furnishings, and increasing consumer interest towards home decor.

The US home decor market is segmented as below:

By Distribution Channel

  • Offline
  • Online

By Product

  • Furniture
  • Floor coverings
  • Wall decor and others
This study identifies the growing demand for eco-friendly home decor items as one of the prime reasons driving the US home decor market growth during the next few years. Also, rising popularity of blogs related to interior designing and increasing demand for contractual furniture will lead to sizable demand in the market.

The report on the US home decor market covers the following areas:

  • US home decor market sizing
  • US home decor market forecast
  • US home decor market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading US home decor market vendors that include Amazon.com Inc., Ashley Global Retail LLC, Bed Bath and Beyond Inc., Berkshire Hathaway Inc., Brewster Home Fashions, Costco Wholesale Corp., Crane and Canopy Inc., Crate and Barrel, Ethan Allen Interiors Inc., Haverty Furniture Companies Inc., Inter IKEA Holding BV, Kimball International Inc., Mannington Mills Inc., MillerKnoll Inc., Mohawk Industries Inc., Springs Window Fashions LLC, The Home Depot Inc., Zepter International, F. Schumacher and Co., and Riverside Furniture Corp. Also, the US 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.

The report 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Country Market Characteristics
  • Executive Summary - Chart on Market Segmentation by Distribution Channel
  • Executive Summary - Chart on Market Segmentation by Product
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on US - Market size and forecast 2023-2028 ($ billion)
  • Data Table on US - Market size and forecast 2023-2028 ($ billion)
  • Chart on US: Year-over-year growth 2023-2028 (%)
  • Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Home Decor Market in US 2018 - 2022
  • Historic Market Size - Data Table on Home Decor Market in US 2018 - 2022 ($ billion)
4.2 Distribution Channel segment analysis 2018 - 2022
  • Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
4.3 Product segment analysis 2018 - 2022
  • Historic Market Size - Product Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Distribution Channel
6.1 Market segments
  • Chart on Distribution Channel - Market share 2023-2028 (%)
  • Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
  • Chart on Comparison by Distribution Channel
  • Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
  • Chart on Offline - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
  • Chart on Offline - Year-over-year growth 2023-2028 (%)
  • Data Table on Offline - Year-over-year growth 2023-2028 (%)
6.4 Online - Market size and forecast 2023-2028
  • Chart on Online - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Online - Market size and forecast 2023-2028 ($ billion)
  • Chart on Online - Year-over-year growth 2023-2028 (%)
  • Data Table on Online - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Distribution Channel
  • Market opportunity by Distribution Channel ($ billion)
  • Data Table on Market opportunity by Distribution Channel ($ billion)
7 Market Segmentation by Product
7.1 Market segments
  • Chart on Product - Market share 2023-2028 (%)
  • Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
  • Chart on Comparison by Product
  • Data Table on Comparison by Product
7.3 Furniture - Market size and forecast 2023-2028
  • Chart on Furniture - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Furniture - Market size and forecast 2023-2028 ($ billion)
  • Chart on Furniture - Year-over-year growth 2023-2028 (%)
  • Data Table on Furniture - Year-over-year growth 2023-2028 (%)
7.4 Floor coverings - Market size and forecast 2023-2028
  • Chart on Floor coverings - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Floor coverings - Market size and forecast 2023-2028 ($ billion)
  • Chart on Floor coverings - Year-over-year growth 2023-2028 (%)
  • Data Table on Floor coverings - Year-over-year growth 2023-2028 (%)
7.5 Others - Market size and forecast 2023-2028
  • Chart on Others - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Others - Market size and forecast 2023-2028 ($ billion)
  • Chart on Others - Year-over-year growth 2023-2028 (%)
  • Data Table on Others - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Product
  • Market opportunity by Product ($ billion)
  • Data Table on Market opportunity by Product ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
  • Overview on factors of disruption
10.4 Industry risks
  • Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
  • Companies covered
11.2 Market positioning of companies
  • Matrix on companies position and classification
11.3 Amazon.com Inc.
  • Amazon.com Inc. - Overview
  • Amazon.com Inc. - Business segments
  • Amazon.com Inc. - Key news
  • Amazon.com Inc. - Key offerings
  • Amazon.com Inc. - Segment focus
11.4 Ashley Global Retail LLC
  • Ashley Global Retail LLC - Overview
  • Ashley Global Retail LLC - Product / Service
  • Ashley Global Retail LLC - Key offerings
11.5 Bed Bath and Beyond Inc.
  • Bed Bath and Beyond Inc. - Overview
  • Bed Bath and Beyond Inc. - Product / Service
  • Bed Bath and Beyond Inc. - Key news
  • Bed Bath and Beyond Inc. - Key offerings
11.6 Berkshire Hathaway Inc.
  • Berkshire Hathaway Inc. - Overview
  • Berkshire Hathaway Inc. - Business segments
  • Berkshire Hathaway Inc. - Key news
  • Berkshire Hathaway Inc. - Key offerings
  • Berkshire Hathaway Inc. - Segment focus
11.7 Crane and Canopy Inc.
  • Crane and Canopy Inc. - Overview
  • Crane and Canopy Inc. - Product / Service
  • Crane and Canopy Inc. - Key offerings
11.8 Crate and Barrel
  • Crate and Barrel - Overview
  • Crate and Barrel - Product / Service
  • Crate and Barrel - Key offerings
11.9 Home Depot Inc.
  • Home Depot Inc. - Overview
  • Home Depot Inc. - Business segments
  • Home Depot Inc. - Key news
  • Home Depot Inc. - Key offerings
  • Home Depot Inc. - Segment focus
11.10 Inter IKEA Holding BV
  • Inter IKEA Holding BV - Overview
  • Inter IKEA Holding BV - Product / Service
  • Inter IKEA Holding BV - Key news
  • Inter IKEA Holding BV - Key offerings
11.11 Kimball International Inc.
  • Kimball International Inc. - Overview
  • Kimball International Inc. - Product / Service
  • Kimball International Inc. - Key offerings
11.12 Mannington Mills Inc.
  • Mannington Mills Inc. - Overview
  • Mannington Mills Inc. - Product / Service
  • Mannington Mills Inc. - Key offerings
11.13 MillerKnoll Inc.
  • MillerKnoll Inc. - Overview
  • MillerKnoll Inc. - Business segments
  • MillerKnoll Inc. - Key news
  • MillerKnoll Inc. - Key offerings
  • MillerKnoll Inc. - Segment focus
11.14 Mohawk Industries Inc.
  • Mohawk Industries Inc. - Overview
  • Mohawk Industries Inc. - Business segments
  • Mohawk Industries Inc. - Key offerings
  • Mohawk Industries Inc. - Segment focus
11.15 Riverside Furniture Corp.
  • Riverside Furniture Corp. - Overview
  • Riverside Furniture Corp. - Product / Service
  • Riverside Furniture Corp. - Key offerings
11.16 Springs Window Fashions LLC
  • Springs Window Fashions LLC - Overview
  • Springs Window Fashions LLC - Product / Service
  • Springs Window Fashions LLC - Key offerings
11.17 Zepter International
  • Zepter International - Overview
  • Zepter International - Product / Service
  • Zepter International - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
12.3 Currency conversion rates for US$
  • Currency conversion rates for US$
12.4 Research methodology
  • Research methodology
12.5 Data procurement
  • Information sources
12.6 Data validation
  • Data validation
12.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
12.8 Data synthesis
  • Data synthesis
12.9 360 degree market analysis
  • 360 degree market analysis
12.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 14: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Home Decor Market in US 2018 - 2022 ($ billion)
Exhibits 18: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits 28: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Distribution Channel
Exhibits 30: Data Table on Comparison by Distribution Channel
Exhibits 31: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibits 32: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibits 33: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits 39: Market opportunity by Distribution Channel ($ billion)
Exhibits 40: Data Table on Market opportunity by Distribution Channel ($ billion)
Exhibits 41: Chart on Product - Market share 2023-2028 (%)
Exhibits 42: Data Table on Product - Market share 2023-2028 (%)
Exhibits 43: Chart on Comparison by Product
Exhibits 44: Data Table on Comparison by Product
Exhibits 45: Chart on Furniture - Market size and forecast 2023-2028 ($ billion)
Exhibits 46: Data Table on Furniture - Market size and forecast 2023-2028 ($ billion)
Exhibits 47: Chart on Furniture - Year-over-year growth 2023-2028 (%)
Exhibits 48: Data Table on Furniture - Year-over-year growth 2023-2028 (%)
Exhibits 49: Chart on Floor coverings - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Data Table on Floor coverings - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Chart on Floor coverings - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Floor coverings - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 57: Market opportunity by Product ($ billion)
Exhibits 58: Data Table on Market opportunity by Product ($ billion)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Impact of drivers and challenges in 2023 and 2028
Exhibits 61: Overview on criticality of inputs and factors of differentiation
Exhibits 62: Overview on factors of disruption
Exhibits 63: Impact of key risks on business
Exhibits 64: Companies covered
Exhibits 65: Matrix on companies position and classification
Exhibits 66: Amazon.com Inc. - Overview
Exhibits 67: Amazon.com Inc. - Business segments
Exhibits 68: Amazon.com Inc. - Key news
Exhibits 69: Amazon.com Inc. - Key offerings
Exhibits 70: Amazon.com Inc. - Segment focus
Exhibits 71: Ashley Global Retail LLC - Overview
Exhibits 72: Ashley Global Retail LLC - Product / Service
Exhibits 73: Ashley Global Retail LLC - Key offerings
Exhibits 74: Bed Bath and Beyond Inc. - Overview
Exhibits 75: Bed Bath and Beyond Inc. - Product / Service
Exhibits 76: Bed Bath and Beyond Inc. - Key news
Exhibits 77: Bed Bath and Beyond Inc. - Key offerings
Exhibits 78: Berkshire Hathaway Inc. - Overview
Exhibits 79: Berkshire Hathaway Inc. - Business segments
Exhibits 80: Berkshire Hathaway Inc. - Key news
Exhibits 81: Berkshire Hathaway Inc. - Key offerings
Exhibits 82: Berkshire Hathaway Inc. - Segment focus
Exhibits 83: Crane and Canopy Inc. - Overview
Exhibits 84: Crane and Canopy Inc. - Product / Service
Exhibits 85: Crane and Canopy Inc. - Key offerings
Exhibits 86: Crate and Barrel - Overview
Exhibits 87: Crate and Barrel - Product / Service
Exhibits 88: Crate and Barrel - Key offerings
Exhibits 89: Home Depot Inc. - Overview
Exhibits 90: Home Depot Inc. - Business segments
Exhibits 91: Home Depot Inc. - Key news
Exhibits 92: Home Depot Inc. - Key offerings
Exhibits 93: Home Depot Inc. - Segment focus
Exhibits 94: Inter IKEA Holding BV - Overview
Exhibits 95: Inter IKEA Holding BV - Product / Service
Exhibits 96: Inter IKEA Holding BV - Key news
Exhibits 97: Inter IKEA Holding BV - Key offerings
Exhibits 98: Kimball International Inc. - Overview
Exhibits 99: Kimball International Inc. - Product / Service
Exhibits 100: Kimball International Inc. - Key offerings
Exhibits 101: Mannington Mills Inc. - Overview
Exhibits 102: Mannington Mills Inc. - Product / Service
Exhibits 103: Mannington Mills Inc. - Key offerings
Exhibits 104: MillerKnoll Inc. - Overview
Exhibits 105: MillerKnoll Inc. - Business segments
Exhibits 106: MillerKnoll Inc. - Key news
Exhibits 107: MillerKnoll Inc. - Key offerings
Exhibits 108: MillerKnoll Inc. - Segment focus
Exhibits 109: Mohawk Industries Inc. - Overview
Exhibits 110: Mohawk Industries Inc. - Business segments
Exhibits 111: Mohawk Industries Inc. - Key offerings
Exhibits 112: Mohawk Industries Inc. - Segment focus
Exhibits 113: Riverside Furniture Corp. - Overview
Exhibits 114: Riverside Furniture Corp. - Product / Service
Exhibits 115: Riverside Furniture Corp. - Key offerings
Exhibits 116: Springs Window Fashions LLC - Overview
Exhibits 117: Springs Window Fashions LLC - Product / Service
Exhibits 118: Springs Window Fashions LLC - Key offerings
Exhibits 119: Zepter International - Overview
Exhibits 120: Zepter International - Product / Service
Exhibits 121: Zepter International - Key offerings
Exhibits 122: Inclusions checklist
Exhibits 123: Exclusions checklist
Exhibits 124: Currency conversion rates for US$
Exhibits 125: Research methodology
Exhibits 126: Information sources
Exhibits 127: Data validation
Exhibits 128: Validation techniques employed for market sizing
Exhibits 129: Data synthesis
Exhibits 130: 360 degree market analysis
Exhibits 131: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the US home decor market: Amazon.com Inc., Ashley Global Retail LLC, Bed Bath and Beyond Inc., Berkshire Hathaway Inc., Brewster Home Fashions, Costco Wholesale Corp., Crane and Canopy Inc., Crate and Barrel, Ethan Allen Interiors Inc., Haverty Furniture Companies Inc., Inter IKEA Holding BV, Kimball International Inc., Mannington Mills Inc., MillerKnoll Inc., Mohawk Industries Inc., Springs Window Fashions LLC, The Home Depot Inc., Zepter International, F. Schumacher and Co., and Riverside Furniture Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for eco-friendly home decor items."

According to the report, one of the major drivers for this market is the rise in online spending and smartphone penetration.

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 a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Amazon.com Inc.
  • Ashley Global Retail LLC
  • Bed Bath and Beyond Inc.
  • Berkshire Hathaway Inc.
  • Brewster Home Fashions
  • Costco Wholesale Corp.
  • Crane and Canopy Inc.
  • Crate and Barrel
  • Ethan Allen Interiors Inc.
  • F. Schumacher and Co.
  • Haverty Furniture Companies Inc.
  • Home Depot Inc.
  • Inter IKEA Holding BV
  • Kimball International Inc.
  • Mannington Mills Inc.
  • MillerKnoll Inc.
  • Mohawk Industries Inc.
  • Riverside Furniture Corp.
  • Springs Window Fashions LLC
  • Zepter International