The Home Decor Market is projected to grow to USD 1.65 billion by 2033, up from USD 0.67 billion in 2023, with a compound annual growth rate (CAGR) of 4.98% during the period from 2023 to 2033. This market encompasses the production, distribution, and sale of products designed to enhance the aesthetic appeal and functionality of residential spaces. Key drivers of the home decor market include evolving consumer preferences, interior design trends, economic factors, and advancements in materials and manufacturing technologies. Additionally, the market is influenced by seasonal trends, housing market conditions, and shifts in consumer spending behaviors.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Income Group (Higher Income, Upper-Middle Income)
By Type (Furniture, Floor Covering)
By Sales Channel (Super markets & Hypermarkets, E-commerce, Specialty Stores, Others)
Key players
IKEA Group
Forbo International SA
Armstrong World Industries
Mannington Mills
Mohawk Industries
Shaw Industries Group
Herman Miller
Ashley Furniture Industries Ltd.
Kimball International
Duresta Upholstery
- CHAPTER 1. Executive Summary
- CHAPTER 2. Scope of the Study
- 2.1. Market Definition
- 2.2. Market Scope & Segmentation
- 2.2.1. Objective of Report
- CHAPTER 3. Evolve BI Methodology
- 3.1. Data Collection & Validation Approach
- 3.2. Market Size Estimation and Forecast
- CHAPTER 4. Exclusive Analysis
- 4.1. Market Opportunity Score
- 4.1.1. Income Group Segement – Market Opportunity Score
- 4.1.2. Type Segment – Market Opportunity Score
- 4.1.3. Sales Channel Segment – Market Opportunity Score
- 4.2. Key Market Influencing Indicators
- CHAPTER 5. Market Insights and Trends
- 5.1. Value Chain Analysis
- 5.1.1. Raw Material
- 5.1.2. Manufacturing Process
- 5.1.3. Distribution Channel
- 5.1.4. End User
- 5.2. Porter’s Five Forces Analysis
- 5.2.1. Bargaining Power of Buyers
- 5.2.2. Bargaining Power of Suppliers
- 5.2.3. Threat of New Entrant
- 5.2.4. Threat of Substitute
- 5.2.5. Industry Rivalry
- 5.3. COVID-19 Impact and Post COVID Scenario on Home Decor Market
- 5.3.1. Impact of COVID-19
- 5.3.2. Government Support and Industry Revival Policies
- 5.3.3. Measures Taken by Companies to Mitigate Negative Impact
- 5.3.4. Post COVID Trend
- CHAPTER 6. MArket Dynamics
- 6.1. Introduction
- 6.2. Drivers
- 6.2.1. Driver 1
- 6.2.2. Driver 2
- 6.2.3. Driver 3
- 6.3. Restraints
- 6.3.1. Restraint 1
- 6.3.2. Restraint 2
- 6.4. Opportunity
- 6.4.1. Opportunity 1
- CHAPTER 7. Home Decor Market, By Income Group
- 7.1. Introduction
- 7.1.1. Higher Income
- 7.1.2. Upper-Middle Income
- CHAPTER 8. Home Decor Market, By Type
- 8.1. Introduction
- 8.1.1. Furniture
- 8.1.2. Floor Covering
- CHAPTER 9. Home Decor Market, By Sales Channel
- 9.1. Introduction
- 9.1.1. Super markets & Hypermarkets
- 9.1.2 E-commerce
- 9.1.3 Specialty Stores
- 9.1.4 Others
- CHAPTER 10. Home Decor Market, By Region
- 10.1. Introduction
- 10.2. NORTH AMERICA
- 10.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 10.2.2. North America: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.2.3. North America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.2.4. North America: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.2.5. US
- 10.2.5.1. US: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.2.5.2. US: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.2.5.3. US: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.2.6. CANADA
- 10.2.6.1. Canada: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.2.6.2. Canada: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.2.6.3. Canada: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.2.7. MEXICO
- 10.2.7.1. Mexico: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.2.7.2. Mexico: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.2.7.3. Mexico: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.3. Europe
- 10.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 10.3.2. Europe: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.3.3. Europe: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.3.4. Europe: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.3.5. U.K.
- 10.3.5.1. U.K.: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.3.5.2. U.K.: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.3.5.3. U.K.: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.3.6. GERMANY
- 10.3.6.1. Germany: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.3.6.2. Germany: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.3.6.3. Germany: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.3.7. FRANCE
- 10.3.7.1. France: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.3.7.2. France: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.3.7.3. France: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.3.8. ITALY
- 10.3.8.1. Italy: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.3.8.2. Italy: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.3.8.3. Italy: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.3.9. SPAIN
- 10.3.9.1. Spain: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.3.9.2. Spain: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.3.9.3. Spain: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.3.10. BENELUX
- 10.3.10.1. BeNeLux: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.3.10.2. BeNeLux: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.3.10.3. BeNeLux: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.3.11. RUSSIA
- 10.3.11.1. Russia: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.3.11.2. Russia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.3.11.3. Russia: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.3.12. REST OF EUROPE
- 10.3.12.1. Rest of Europe: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.3.12.2. Rest of Europe: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.3.12.3. Rest of Europe: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.4. Asia Pacific
- 10.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 10.4.2. Asia Pacific: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.4.3. Asia Pacific: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.4.4. Asia Pacific: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.4.5. CHINA
- 10.4.5.1. China: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.4.5.2. China: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.4.5.3. China: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.4.6. JAPAN
- 10.4.6.1. Japan: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.4.6.2. Japan: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.4.6.3. Japan: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.4.7. INDIA
- 10.4.7.1. India: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.4.7.2. India: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.4.7.3. India: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.4.8. SOUTH KOREA
- 10.4.8.1. South Korea: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.4.8.2. South Korea: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.4.8.3. South Korea: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.4.9. THAILAND
- 10.4.9.1. Thailand: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.4.9.2. Thailand: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.4.9.3. Thailand: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.4.10. INDONESIA
- 10.4.10.1. Indonesia: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.4.10.2. Indonesia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.4.10.3. Indonesia: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.4.11. MALAYSIA
- 10.4.11.1. Malaysia: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.4.11.2. Malaysia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.4.11.3. Malaysia: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.4.12. AUSTRALIA
- 10.4.12.1. Australia: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.4.12.2. Australia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.4.12.3. Australia: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.4.13. REST FO ASIA PACIFIC
- 10.4.13.1. Rest fo Asia Pacific: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.4.13.2. Rest fo Asia Pacific: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.4.13.3. Rest fo Asia Pacific: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.5. South America
- 10.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 10.5.2. South America: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.5.3. South America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.5.4. South America: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.5.5. BRAZIL
- 10.5.5.1. Brazil: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.5.5.2. Brazil: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.5.5.3. Brazil: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.5.6. ARGENTINA
- 10.5.6.1. Argentina: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.5.6.2. Argentina: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.5.6.3. Argentina: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.5.7. REST OF SOUTH AMERICA
- 10.5.7.1. Rest of South America: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.5.7.2. Rest of South America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.5.7.3. Rest of South America: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.6. Middle East & Africa
- 10.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 10.6.2. Middle East & Africa: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.6.3. Middle East & Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.6.4. Middle East & Africa: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.6.5. SAUDI ARABIA
- 10.6.5.1. Saudi Arabia: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.6.5.2. Saudi Arabia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.6.5.3. Saudi Arabia: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.6.6. UAE
- 10.6.6.1. UAE: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.6.6.2. UAE: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.6.6.3. UAE: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.6.7. EGYPT
- 10.6.7.1. Egypt: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.6.7.2. Egypt: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.6.7.3. Egypt: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.6.8. SOUTH AFRICA
- 10.6.8.1. South Africa: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.6.8.2. South Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.6.8.3. South Africa: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- 10.6.9. REST OF MIDDLE EAST & AFRICA
- 10.6.9.1. Rest of Middle East & Africa: Market Size and Forecast, By Income Group, 2023 – 2033 ($ Million)
- 10.6.9.2. Rest of Middle East & Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 10.6.9.3. Rest of Middle East & Africa: Market Size and Forecast, By Sales Channel, 2023 – 2033 ($ Million)
- CHAPTER 12. Competitive Landscape
- 12.1. Competitior Benchmarking 2023
- 12.2. Market Share Analysis
- 12.3. Key Developments Analysis By Top 5 Companies
- 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
- CHAPTER 13. Company Profiles
- 13.1. IKEA Group
- 13.1.1. Hanon Systems
- 13.1.2. Financial Analysis
- 13.1.2.1. Business Segment Revenue, 2020, 2021, 2022, $ Million
- 13.1.2.2. Geographic Revenue Mix, 2022 (% Share)
- 13.1.3. Product Portfolio
- 13.1.4. Recent Development and Strategies Adopted
- 13.1.5. SWOT Analysis
- 13.2. Forbo International SA
- 13.3. Armstrong World Industries
- 13.4. Mannington Mills
- 13.5. Mohawk Industries
- 13.6. Shaw Industries Group
- 13.7. Herman Miller
- 13.8. Ashley Furniture Industries Ltd.
- 13.9. Kimball International
- 13.10. Duresta Upholstery
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