DUBLIN, Jan. 31, 2019 /PRNewswire/ --
The "Home Decor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The global home decor market was worth US$ 582 Billion in 2017
Home decor has been gaining prominence across both developed and developing markets with increasing urbanization and globalization trends. Globalization is now enabling easy and wide availability of such decorative items, designs and ideas to consumers. Home owners are also realizing the need of such items and are often searching for them to keep their homes more attractive and organized.
Home decor is witnessing a strong growth catalyzed by rising levels of disposable incomes, recovery of the real estate industry, increasing urbanization rates and rising awareness levels. Rising levels of urbanization have resulted in an increasing number of new households being setup.
Currently more than half of the global population live in urban areas and these levels are expected to increase further in the coming years, creating a positive impact on the demand of home decor products. Moreover, home decor products are income elastic, we expect global disposable incomes to increase continuously over the next few years, particularly in emerging economies such as Asia, Africa, Middle East, Eastern Europe, etc.
Additionally, the recovery of the global real estate industry is also expected to drive home ownership rates creating a positive impact on this market. Another major factor driving this market is the strong performance of the online retail sector. The advent of online retail has made home decor products easily available, affordable and convenient to buy.
Looking forward, the global home decor market is projected to exceed US$ 741 Billion by 2023, exhibiting a CAGR of around 4% during 2018-2023.
Key Questions Answered in This Report:
- How has the global home decor market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global home decor industry?
- What are the major distribution channels in the global home decor industry?
- What are the various stages in the value chain of the global home decor market?
- What are the key driving factors and challenges in the global home decor market?
- What is the structure of the global home decor market and who are the key players?
- What is the degree of competition in the global home decor market?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Home Decor Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Distribution Channel
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.8 Value Chain Analysis
5.8.2 Raw Material Procurement
5.9 Porters Five Forces Analysis
5.10 Price Analysis
5.10.1 Price Indicators
5.10.2 Price Structure
5.10.3 Margin Analysis
6 Market Breakup by Product Type
6.1 Home Furniture
6.2 Home Textiles
6.4 Wall Decor
7 Market Breakup by Distribution Channel
7.1 Supermarkets and Hypermarkets
7.2 Home Decor Stores
7.3 Gift Shops
7.4 Direct to Consumer
8 Market Breakup by Region
8.1 North America
8.3 Asia Pacific
8.4 Middle East and Africa
8.5 Latin America
9 Competitive Landscape
9.1 Market Structure
9.2 Key Players
9.3 Profiles of Key Players
- Home Depot
- Lowe's Companies
- Walmart Stores
- Bunnings Warehouse
- Leroy Merlin
- Rona Inc.
For more information about this report visit https://www.researchandmarkets.com/research/n7zdvv/global_home_decor?w=5
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