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The Global Home Decor Market is expected to grow by $ 286.82 bn during 2021-2025, progressing at a CAGR of 8.81% during the forecast period

·3-min read

Global Home Decor Market 2021-2025 Technavio has been monitoring the home decor market and it is poised to grow by $ 286. 82 bn during 2021-2025, progressing at a CAGR of 8. 81% during the forecast period.

New York, Dec. 21, 2021 (GLOBE NEWSWIRE) -- announces the release of the report "Global Home Decor Market 2021-2025" -
Our report on the 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rise in online spending and smartphone penetration and increase in demand for multifunctional furniture. In addition, rise in online spending and smartphone penetration is anticipated to boost the growth of the market as well.
The home decor market analysis includes the product segment and geographic landscape.

The home decor market is segmented as below:
By Product
• Furniture
• Floor coverings
• Others

By Geographical Landscape
• North America
• Europe
• South America

This study identifies the rising popularity of blogs related to interior designingas one of the prime reasons driving the home decor market growth during the next few years.
Technavio 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. Our report on home decor market covers the following areas:
• Home decor market sizing
• Home decor market forecast
• Home decor market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading home decor market vendors that include Armstrong World Industries Inc., Ashley Furniture Industries Inc., Berkshire Hathaway Inc., Duresta Upholstery Ltd., Forbo Holding Ltd, Herman Miller Inc., Inter IKEA Holding BV, Kimball International Inc., Mannington Mills Inc., and Mohawk Industries Inc. Also, the 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.
Technavio 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. Technavio’s 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.
Read the full report:

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