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The United States home decor market size reached approximately USD 180.62 billion in 2023. The market is assessed to grow at a CAGR of 4.6% between 2024 and 2032 to attain a value of around USD 273.85 billion by 2032.
Home decor, variously known as home decoration or interior decoration, refers to the decoration of interior residential spaces through lighting, furniture, and flooring, among others. Home decor not only enhances the aesthetics of a space but also plays a crucial role in improving the overall well-being of residents.
The trend of sustainability is also driving interest in eco-friendly and ethically sourced fabrics such as Afghan wool, raw cotton, hemp fibre, linen, and seagrass, among others, in home textiles. In addition, environmentally conscious homeowners are preferring energy-efficient lighting and paints with zero VOC to improve their indoor air quality and overall quality of living.
Based on type, the United States home decor market segmentation includes home textile, floor covering, furniture, and lighting, among others. On the basis of price, the market can be divided into premium and mass.
By distribution channel, the market is categorised into supermarkets and hypermarkets, speciality stores, and online, among others. The major regional markets for home decor in the United States include New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States home decor market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Mass home decor products account for a significant portion of the United States home decor market share. This can be attributed to growing renovation activities and the rising availability of home decor solutions in retail stores like Walmart at discounted prices. The increasing trend of do-it-yourself home decorating projects is also anticipated to bolster mass and affordable home decor solutions in the forecast period.
As per the United States home decor market, online channels are expected to witness a significant growth in the forecast period. E-commerce platforms are gaining substantial popularity among Gen-Z and millennial customers due to their excellent accessibility. Such stores also boast the presence of various start-ups and niche brands, offer the facility of hassle-free returns and exchanges, and provide easy product comparisons, boosting their appeal for purchasing home decor products.
Mohawk Industries, Inc., headquartered in Georgia, the United States, is a prominent ceramic and flooring manufacturer. It is one of the largest manufacturers, marketers, and distributors of natural stones and ceramic tiles. The company constantly innovate its offerings and has launched various collections with unique products and added style.
HNI Corporation, established in 1947, is a prominent provider of residential building products and workplace furnishings. With its headquarters in Iowa, the United States, the company has established its place as a leader in the hearth sector of the United States. Its commercial segment is one of the most renowned providers and designers of commercial furnishing solutions.
Ashley Furniture Industries, LLC is a leading furniture manufacturer that was established in 1945. It offers a wide range of products to its retail partners in around 155 countries. It is headquartered in Wisconsin, the United States, and it aims to provide customers with the highest quality products with the best services and values.
Other United States home decor market players include Koninklijke Philips N.V., Herman Miller, Inc., Acuity Brands, Inc., AHF, LLC, Shaw Industries Group, Inc., Mannington Mills, Inc., and Crane & Canopy Inc., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Price |
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Breakup by Distribution Channel |
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Breakup by Region |
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*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.*
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In 2023, the market attained a value of nearly USD 180.62 billion.
The market is assessed to grow at a CAGR of 4.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 273.85 billion by 2032.
The rising trend of sustainability, the growing focus on wellbeing, and increasing residential construction and renovation activities are the major market drivers.
The key trends aiding the market are the growing deployment of innovative technologies in home decor space and the rising availability of different types of home decor solutions on e-commerce channels.
The major types of home decor in the market are home textile, floor covering, furniture, and lighting, among others.
The significant distribution channels in the market are supermarkets and hypermarkets, speciality stores, and online, among others.
The major players in the market are Mohawk Industries, Inc., Ashley Furniture Industries, LLC, HNI Corporation, Koninklijke Philips N.V., Herman Miller, Inc., Acuity Brands, Inc., AHF, LLC, Shaw Industries Group, Inc., Mannington Mills, Inc., and Crane & Canopy Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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