DUBLIN, July 10, 2019,/PRNewswire/ — The “Home Decor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been introduced to ResearchAndMarkets.Com’s imparting.
The worldwide domestic decor market was well worth US$ 605 Billion in 2018. Looking forward, the worldwide home decor marketplace is projected to exceed US$ 770 Billion by using 2024, exhibiting a CAGR of around 4.1% at some point of 2019-2024.
Home decor has been gaining prominence throughout each evolved and developing markets with increasing urbanization and globalization developments. Globalization is now enabling clean and extensive availability of such decorative items, designs and ideas to consumers. Homeowners are also understanding the need for such gadgets and are often trying to find them to maintain their homes greater attractive and prepared.
Home decor is witnessing a robust increase catalyzed by way of rising stages of disposable incomes, recuperation of the real estate industry, increasing urbanization quotes and growing recognition ranges.
Rising levels of urbanization have ended in an increasing quantity of recent families being set up. Currently, greater than 1/2 of the worldwide populace stay in city regions, and these degrees are anticipated to increase further inside the coming years, developing a tremendous effect at the demand of domestic decor merchandise.
Moreover, domestic decor products are income elastic; we expect international disposable earning to boom constantly over the following few years, mainly in rising economies together with Asia, Africa, Middle East, Eastern Europe, and many others.
Additionally, the healing of the global actual estate industry is also predicted to power home ownership prices creating a fantastic impact in this marketplace.
Another main aspect of riding this marketplace is the robust performance of the retail web sector. The advent of online retail has made domestic decor products easily available, cheap and convenient to shop for.
Key Topics Covered
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.Four Market Estimation
2.Five Forecasting Methodology
three Executive Summary
four.2 Key Industry Trends
five Global Home Decor Market
five.1 Market Overview
five.2 Market Performance
5.3 Market Breakup via Product Type
5.4 Market Breakup by Distribution Channel
5.5 Market Breakup by way of Region
five.6 Market Forecast
5.7 SWOT Analysis
5.8 Value Chain Analysis
five.8.2 Raw Material Procurement
5.Nine Porters Five Forces Analysis
5.Nine.2 Bargaining Power of Buyers
five.Nine.3 Bargaining Power of Suppliers
5.9.Four Degree of Competition
five.Nine.Five Threat of New Entrants
5.9.6 Threat of Substitutes
6 Market Breakup by means of Product Type
6.1 Home Furniture
6.2 Home Textiles
6.4 Wall Decor
7 Market Breakup by way of Distribution Channel
7.1 Supermarkets & Hypermarkets
7.2 Home Decor Stores
7.3 Gift Shops
7.4 Direct to Consumer