Home Decor Market Overview
The world home decor market size was estimated at USD 689.26 billion in 2019. Growing demand for furnishing, decoration & fabric products, especially through e-commerce is driving the market growth. , The demand for modular furniture has increased exponentially in the last few years; wooden flooring is in high demand particularly in the North American market.
Increasing environmental awareness & preference towards eco-friendly products in order to reduce the carbon footprint has increased demand for home furniture crafted from eco-friendly material. Growing urbanization has led to a radical shift in people’s lifestyles as well as their choices for home décor items. For Instance, The United Nation predicted in 2018 that around 55% of the population lives in urban areas, and is expected to reach about 68% by 2050. Such a massive urban shift shall boost the real-estate sector exponentially. Growing residential segment shall be led to a progressive increase in demand for home décor industry
Home Decor Market Segmentation
Global Home Decor Market Outlook, By Product Insights, 2020-2030 (USD Million)
Global Home Decor Market, By Application Insights, 2020-2030 (USD Million)
Global Home Decor Market, By Regional Insights, 2020-2030 (USD Million)
- North America
- The U.S.
- The U.K.
- Asia Pacific
- South Korea
- Latin America
- South Africa