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Global Home Decor Market Size, Share, Growth, Forecast: By Product Type: Home Textile, Floor Covering, Furniture, Lighting, Others; By Price: Premium, Mass; By Application: Indoor, Outdoor; By Distribution Channel: Supermarkets and Hypermarkets, Specialty Stores, Online, Others; Regional Analysis; Competitive Landscape; 2024-2032
Home Decor Market Share
The indoor segment holds the major home decor market share as people tend to spend more time indoors, fuelling the demand for decorating the indoors
The indoor segment holds a substantial share of the market. Most homeowners prioritise decorating their indoor spaces, as these are the areas where they spend the majority of their time. The indoor home decor market encompasses a vast array of products, including furniture, lighting, textiles, wall art, and decorative accessories and indoor decor is relevant throughout the year, regardless of the season, making it a consistent focus for consumers.
Moreover, the demand for outdoor decor is often seasonal, with peak interest during warmer months when people spend more time outdoors. Outdoor decor typically includes items like patio furniture, outdoor lighting, garden decorations, and outdoor textiles. While important, the range of products is generally narrower than that of indoor decor.
Home Decor Market Report Snapshots
Home Decor Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Home Decor Market Analysis
8.1 Key Industry Highlights
8.2 Global Home Decor Historical Market (2018-2023)
8.3 Global Home Decor Market Forecast (2024-2032)
8.4 Global Home Decor Market by Product Type
8.4.1 Home Textile
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Market by Type
8.4.1.3.1 Bed Linen
8.4.1.3.2 Bath Linen
8.4.1.3.3 Kitchen Linen
8.4.1.3.4 Upholstery
8.4.1.3.5 Others
8.4.2 Floor Covering
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.2.3 Market by Type
8.4.2.3.1 Living Room
8.4.2.3.2 Dining Room
8.4.2.3.3 Kitchen
8.4.2.3.4 Bedroom
8.4.2.3.5 Others
8.4.3 Furniture
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.3.3 Market by Type
8.4.3.3.1 Ceramics and Tiles
8.4.3.3.2 Wood and Laminated
8.4.3.3.3 Vinyl Flooring
8.4.3.3.4 Carpets and Rugs
8.4.3.3.5 Others
8.4.4 Lighting
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.4.3 Market by Type
8.4.4.3.1 Lamps and Shades
8.4.4.3.2 Light Bulbs
8.4.4.3.3 Chandeliers
8.4.4.3.4 Others
8.4.5 Others
8.5 Global Home Decor Market by Price
8.5.1 Premium
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Mass
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Home Decor Market by Application
8.6.1 Indoor
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Outdoor
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Home Decor Market by Distribution Channel
8.7.1 Supermarkets and Hypermarkets
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Specialty Stores
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Online
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Others
8.8 Global Home Decor Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Home Decor Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Home Decor Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Home Decor Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Home Decor Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Home Decor Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Inter IKEA Systems B.V.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Forbo Holding Ltd
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Armstrong World Industries, Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Mannington Mills Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Mohawk Industries, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Shaw Industries Group, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 MillerKnoll, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Ashley Home Stores, Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Kimball International Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Duresta Upholstery Ltd
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Home Decor Market: Key Industry Highlights, 2018 and 2032
2. Global Home Decor Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3. Global Home Decor Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4. Global Home Decor Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
5. Global Home Decor Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
6. Global Home Decor Historical Market: Breakup by Price (USD Billion), 2018-2023
7. Global Home Decor Market Forecast: Breakup by Price (USD Billion), 2024-2032
8. Global Home Decor Historical Market: Breakup by Income Group (USD Billion), 2018-2023
9. Global Home Decor Market Forecast: Breakup by Income Group (USD Billion), 2024-2032
10. Global Home Decor Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Home Decor Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Home Decor Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Home Decor Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Home Decor Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Home Decor Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Home Decor Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Home Decor Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Home Decor Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Home Decor Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Home Decor Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Home Decor Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Home Decor Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 782.44 billion in 2023.
The market is projected to grow at a CAGR of 4.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1,193.17 billion by 2032.
The major market drivers include the expansion of the real estate sector and growing popularity of eco-friendly home décor objects and materials.
The key trends fuelling the growth of the market include increasing renovation and remodelling activities, rising influence of social media platforms, and growing availability of home decor across various distribution channels.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant distribution channels for home decor include supermarkets and hypermarkets, speciality stores, and online, among others.
The major players in the market are Inter IKEA Systems B.V., Forbo Holding Ltd, Armstrong World Industries, Inc., Mannington Mills Inc., Mohawk Industries, Inc., Shaw Industries Group, Inc., MillerKnoll, Inc., Ashley Home Stores, Ltd., Kimball International Inc., and Duresta Upholstery Ltd, among others.
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