$ 82.32 Billion Growth in Global Online Home Decor Market 2020-2024 | Growth in Construction Industry to Drive Market | Technavio

Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the online home decor market.

Frequently Asked Questions:

• Based on segmentation by Product, which is the leading segment in the market?
  Based on the product, the online home furniture segment led the market in 2019.

• What are the major trends in the market?
  The enhancement of consumer experience through technological advancements is the major trend in the market.

• At what rate is the market projected to grow?
  The market is projected to grow at a CAGR of almost 13% during the forecast period.

• Who are the top players in the market?
  Bed Bath & Beyond Inc., Chairish Inc., Coyuchi Inc., Herman Miller Inc., Home24 SE, Inter IKEA Holding B.V., Lowe's Companies Inc., Pier 1 Imports Inc., Trendsutra Platform Services Pvt. Ltd., and Urban Ladder Home Décor Solutions Pvt. Ltd. are the top players in the market.

• What are the key market drivers and challenges?
  The market is driven by the growth of the commercial construction industry. However, high volatility in raw material prices and transportation might challenge growth.

• How big is the Europe market?
  Europe dominated the market with a 42% share in 2019.

Related Reports on Consumer Discretionary Include:

Global Do-It-Yourself Home Improvement Retailing Market - Global do-it-yourself home improvement retailing market is segmented by product (lumber and landscape management, tools and hardware, decor and indoor garden, kitchen, and others) and geography (APAC, Europe, MEA, North America, and South America). 

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Global Home and Garden Products B2C E-commerce Market - Global home and garden products B2C e-commerce market is segmented by product (home décor, home improvement products, and others) and geography (APAC, North America, Europe, South America, and MEA). 

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bed Bath & Beyond Inc., Chairish Inc., Coyuchi Inc., Herman Miller Inc., Home24 SE, Inter IKEA Holding B.V., Lowe's Companies Inc., Pier 1 Imports Inc., Trendsutra Platform Services Pvt. Ltd., and Urban Ladder Home Décor Solutions Pvt. Ltd. are some of the major market participants. Although the growth of commercial construction industry will offer immense growth opportunities, high volatility in raw material prices and transportation is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this online home decor market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. 

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Online Home Decor Market 2020-2024: Segmentation

Online Home Decor Market is segmented as below:

• Product
• Online Home Furniture
• Online Home Furnishings
• Other Online Home Decorative Products
• Geography
• APAC
• Europe
• MEA
• North America
• South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40201

Online Home Decor Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The online home decor market report covers the following areas:

• Online Home Decor Market Size
• Online Home Decor Market Trends
• Online Home Decor Market Industry Analysis

This study identifies enhancement of consumer experience through technological advancements as one of the prime reasons driving the Online Home Decor Market growth during the next few years.

Online Home Decor Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist online home decor market growth during the next five years
• Estimation of the online home decor market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the online home decor market across blank
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of online home decor market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis
• Value chain analysis

PART 04: MARKET SIZING

• Market definition
• Market size
• Market sizing 2019
• Market outlook
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

• Market segmentation by product
• Comparison by product
• Online home furniture - Market size and forecast 2019-2024
• Online home furnishings - Market size and forecast 2019-2024
• Other online home decorative products - Market size and forecast 2019-2024
• Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Growing demand for eco-friendly home decor items
• Enhancement of consumer experience through technologies
• Increasing demand for contractual furniture

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Bed Bath & Beyond Inc.
• Chairish Inc.
• Coyuchi Inc.
• Herman Miller, Inc.
• Home24 SE
• Inter IKEA Holding B.V.
• Lowe's Companies Inc.
• Pier 1 Imports Inc.
• Trendsutra Platform Services Pvt. Ltd.
• Urban Ladder Home Décor Solutions Pvt. Ltd.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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Report: www.technavio.com/report/online-home-decor-market-industry-analysis

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