Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Home Decorations Market by Type (Kitchen, Living & bedroom, Bathroom, Outdoor, Lighting), By Application (Personal, Commerical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Home Decorations Market by Type (Kitchen, Living & bedroom, Bathroom, Outdoor, Lighting), By Application (Personal, Commerical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 195066 3300 Consumer Goods 377 238 Pages 4.9 (32)
                                          

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 .


Global Home Decorations Industry Outlook


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:

  1. Ikea
  2. Philips
  3. Suofeiya Home Collection
  4. Springs Window Fashions
  5. Zepter
  6. Conair
  7. Siemens
  8. Hanssem
  9. Samson
  10. Oneida

Global Home Decorations Market Overview


Highlights of The Home Decorations Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Kitchen
    2. Living & bedroom
    3. Bathroom
    4. Outdoor
    5. Lighting
  1. By Application:

    1. Personal
    2. Commerical
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Home Decorations Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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