The Home Décor market is expected to develop at a significant compound annual growth rate (CAGR) throughout the forecast period.

Home Décor Market Will Exceed USD 855,680 Million, Recording 6.3% Compound Annual Growth By 2022

SUITE, Newark, Delaware, USA, Jun 21, 2022 / EINPresswire.com/ – The global home decor market is set to reach approximately USD 855,680 million in 2022 and grow at a robust CAGR during the assessment period . With more and more people indebted to homes, especially in developing countries, the home décor market is on the rise globally. In home decor, things like furniture, textiles, and floor coverings are used to enhance the living space. One of the factors responsible for the rapid increase in the home décor market is the expansion of the real estate industry. In addition, due to factors such as globalization, new types of designs and a variety of items for home decoration are available for people easily and this encourages the growth of this market. To give an extra boost to the home décor market is the emergence of the online retail sector. Due to the rise in online retail sales, furniture and other items used in home décor are available at discounted prices and are becoming more affordable. Hence, a large number of people are reaching out to online retail outlets to decorate their homes. Other factors that encourage the growth of this market are the rise in disposable income and the improvement of people’s lifestyle. However, there are some restrictions which are slowing down the market growth for home decoration products such as the high prices of raw materials such as wood and leather.To stay “on top” of your competition, order @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4831

4 Highlights of the global home décor market outlook

According to the forecasts of Future Market Insights, the carpet segment is set to reach approximately US$155,460 million in 2022. This represents strong compound annual growth rate (CAGR) growth during the 2017-2022 assessment period. The carpet segment is estimated to account for nearly one-fifth of the revenue share of the product type segment by the end of 2017, and is expected to gain market share by the end of 2022.
According to the forecasts of Future Market Insights, the direct-to-consumer segment will reach approximately $127.733 million in 2017. This represents strong compound annual growth during the forecast period. The direct-to-consumer segment is estimated to account for more than one-fifth of the revenue share of the distribution channel segment at the end of 2017, and is expected to lose market share by the end of 2022.
According to the forecasts of Future Market Insights, the internal segment is set to reach approximately US$560,205 million in 2022. The internal segment is expected to lose some market value by the end of 2022. The internal segment is expected to lose some of the market value by the end of the year from the APEJ region in the inner segment.
Future Market Insights expects the home décor market in China to grow from $79,955 million in 2017 to $109,434 million in 2022. This represents a compound annual growth rate (CAGR) of 6.5% from 2017 to year 2022.

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The report also profiled the prominent players in the global home décor market, which will remain active until 2022. These include companies such as Samson Holding Ltd. and Koninklijke Philips NV, Springs Window Fashions LLC, and The Oneida Group, Inc. and Siemens AG and Suofeiya Home Collection Co., Ltd. and Conair Corporation, Inter Ikea Systems BV, and Hanssem Co., Ltd. and Zepter International Inc.

Market classification

Product Type

home furniture
carpets
bathroom textiles
bed textiles
Kitchen and dining tiles
Wood and laminate floors
Vinyl & Rubber Flooring
light
other products
distribution channel

Retail Stores
directly to the consumer
Manufacturer Stores
E-Commerce Stores
Discount stores
Rental warehouses
club stores
DIY Stores
Request

internal
Abroad
Other apps
region

North Amarica
Latin america
Europe
Japan
APEJ
Middle East Airlines

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Future Market Insights (an ESOMAR-accredited market research organization and member of the Greater New York Chamber of Commerce) provides in-depth insights into the governing factors that drive market demand. It reveals the opportunities that will favor market growth in various segments on the basis of source, application, sales channel and end use over the next ten years.

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