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 market with increasing urbanization and globalization developments. Globalization enables the 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 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 stays in city regions. These degrees are anticipated to increase further in the coming years, developing a tremendous effect on the demand for 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 and Asia, Africa, Middle East, Eastern Europe, and many others.
Additionally, the healing of the global actual estate industry is also predicted to power homeownership 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
2.4 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 via Product Type
5.4 Market Breakup by Distribution Channel
5.5 Market Breakup by way of 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
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
6 Market Breakup using 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