Market Overview:
The global home decorations market is expected to grow at a CAGR of 5.8% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for personal and commercial applications, and rising disposable income of consumers across the globe. Based on type, the global home decorations market is segmented into kitchen, living & bedroom, bathroom, outdoor and lighting segments. Among these segments, the living & bedroom segment is expected to account for a major share in terms of revenue in 2018. This can be attributed to increasing demand for interior decoration products such as furniture, carpets and curtains among others in residential spaces. Moreover, growing trend of modular kitchens is also anticipated to boost growth of this segment over the forecast period. Based on application type, personal and commercial applications are estimated to account for significant shares respectively in 2018 revenue wise; however by 2030 end it is projected that commercial application will dominate with more than 60% contribution owing higher adoption rate due rising number small businesses globally .
Product Definition:
Home Decorations is a term used to describe the items that are used to decorate a home. These items can include furniture, artwork, plants, and other decorative objects. Home decorations can be used to make a home more comfortable and inviting, or they can be used to showcase the homeowner's personality or interests.
Kitchen:
Kitchen is one of the most important rooms in any home. It represents the heart of a house and plays an important role in maintaining its overall aesthetics. The kitchen has become more than just a place to prepare food; it's also become a focal point for home design, where various elements are added to enhance functionality as well as appearance.
The global market for kitchen accessories is driven by growing demand from developing countries such as India, China.
Living & bedroom:
The global living & bedroom and it's usage in the home decorations market size was valued at USD 47.5 billion in 2016. Increasing demand for innovative, decorative, and attractive products is expected to drive growth over the forecast period.
Application Insights:
The commercial application segment dominated the global home decorations market, accounting for more than 60.0% share of the total revenue in 2017. The growth of this segment is attributed to increasing demand from various sectors such as hospitality, healthcare, retail and others. Increasing number of hotels and restaurants at a global level has boosted product demand in this segment over the years.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing disposable income, growing population, and rising standards of living. In addition, changing lifestyles and increasing tourism are likely to drive demand for home d©cor products in countries such as China and India. Europe accounted for a major share of revenue in 2017 owing to high spending power among consumers coupled with improving economic conditions across countries such as Germany, U.K., France etc.
The North American market is driven by factors including shifting consumer focus towards quality lifestyle resulting into increased spending on household d©cor products; rise in preference for natural materials used during manufacturing of home d©cor products; along with presence of prominent players operating within this region who have been consistently innovating their product portfolio catering unending needs & requirements associated with modern day homes across U.S.
Growth Factors:
- Increasing disposable income of the population: The disposable income of the population is increasing, which is resulting in an increase in demand for home decorations.
- Rising trend of interior decoration: There is a rising trend of interior decoration, which is resulting in an increase in demand for home decorations.
- Growing popularity of DIY projects: The growing popularity of DIY projects is leading to an increase in demand for home decorations made by consumers themselves.
- Proliferation of online retailing: Proliferation of online retailing is providing consumers with easy access to a wide range of home decorations at competitive prices. This is contributing to the growth of the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Decorations Market Research Report
By Type
Kitchen, Living & bedroom, Bathroom, Outdoor, Lighting
By Application
Personal, Commerical
By Companies
Ikea, Philips, Suofeiya Home Collection, Springs Window Fashions, Zepter, Conair, Siemens, Hanssem, Samson, Oneida
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Home Decorations Market Report Segments:
The global Home Decorations market is segmented on the basis of:
Types
Kitchen, Living & bedroom, Bathroom, Outdoor, Lighting
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal, Commerical
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ikea
- Philips
- Suofeiya Home Collection
- Springs Window Fashions
- Zepter
- Conair
- Siemens
- Hanssem
- Samson
- Oneida
Highlights of The Home Decorations Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Kitchen
- Living & bedroom
- Bathroom
- Outdoor
- Lighting
- By Application:
- Personal
- Commerical
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Home Decorations Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Home decorating is the process of designing and arranging the interior of a home.
Some of the key players operating in the home decorations market are Ikea, Philips, Suofeiya Home Collection, Springs Window Fashions, Zepter, Conair, Siemens, Hanssem, Samson, Oneida.
The home decorations market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Home Decorations Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Home Decorations Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Home Decorations Market - Supply Chain
4.5. Global Home Decorations Market Forecast
4.5.1. Home Decorations Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Home Decorations Market Size (000 Units) and Y-o-Y Growth
4.5.3. Home Decorations Market Absolute $ Opportunity
5. Global Home Decorations Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Home Decorations Market Size and Volume Forecast by Type
5.3.1. Kitchen
5.3.2. Living & bedroom
5.3.3. Bathroom
5.3.4. Outdoor
5.3.5. Lighting
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Home Decorations Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Home Decorations Market Size and Volume Forecast by Application
6.3.1. Personal
6.3.2. Commerical
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Home Decorations Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Home Decorations Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Home Decorations Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Home Decorations Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Home Decorations Demand Share Forecast, 2019-2026
9. North America Home Decorations Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Home Decorations Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Home Decorations Market Size and Volume Forecast by Application
9.4.1. Personal
9.4.2. Commerical
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Home Decorations Market Size and Volume Forecast by Type
9.7.1. Kitchen
9.7.2. Living & bedroom
9.7.3. Bathroom
9.7.4. Outdoor
9.7.5. Lighting
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Home Decorations Demand Share Forecast, 2019-2026
10. Latin America Home Decorations Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Home Decorations Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Home Decorations Market Size and Volume Forecast by Application
10.4.1. Personal
10.4.2. Commerical
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Home Decorations Market Size and Volume Forecast by Type
10.7.1. Kitchen
10.7.2. Living & bedroom
10.7.3. Bathroom
10.7.4. Outdoor
10.7.5. Lighting
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Home Decorations Demand Share Forecast, 2019-2026
11. Europe Home Decorations Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Home Decorations Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Home Decorations Market Size and Volume Forecast by Application
11.4.1. Personal
11.4.2. Commerical
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Home Decorations Market Size and Volume Forecast by Type
11.7.1. Kitchen
11.7.2. Living & bedroom
11.7.3. Bathroom
11.7.4. Outdoor
11.7.5. Lighting
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Home Decorations Demand Share, 2019-2026
12. Asia Pacific Home Decorations Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Home Decorations Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Home Decorations Market Size and Volume Forecast by Application
12.4.1. Personal
12.4.2. Commerical
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Home Decorations Market Size and Volume Forecast by Type
12.7.1. Kitchen
12.7.2. Living & bedroom
12.7.3. Bathroom
12.7.4. Outdoor
12.7.5. Lighting
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Home Decorations Demand Share, 2019-2026
13. Middle East & Africa Home Decorations Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Home Decorations Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Home Decorations Market Size and Volume Forecast by Application
13.4.1. Personal
13.4.2. Commerical
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Home Decorations Market Size and Volume Forecast by Type
13.7.1. Kitchen
13.7.2. Living & bedroom
13.7.3. Bathroom
13.7.4. Outdoor
13.7.5. Lighting
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Home Decorations Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Home Decorations Market: Market Share Analysis
14.2. Home Decorations Distributors and Customers
14.3. Home Decorations Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ikea
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Philips
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Suofeiya Home Collection
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Springs Window Fashions
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zepter
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Conair
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Siemens
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hanssem
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Samson
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Oneida
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook