Home Decor Market in US 2023-2027

US Home Decor Market 2023-2027
The US home decor market is forecasted to grow by USD 58.98 billion during 2022-2027, accelerating at a CAGR of 7.44% during the forecast period. The report on the US home decor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in online spending and smartphone penetration, growing demand for high-end and luxury home furnishings, and increasing consumer interest towards home decor.

Technavio's US home decor market is segmented as below:

By Distribution ChannelOfflineOnlineBy ProductFurnitureFloor coveringsWall decor and othersThis study identifies the growing demand for eco-friendly home decor items as one of the prime reasons driving the US home decor market growth during the next few years. Also, rising popularity of blogs related to interior designing and increasing demand for contractual furniture will lead to sizable demand in the market.

The report on the US home decor market covers the following areas:US home decor market sizingUS home decor market forecastUS home decor market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading US home decor market vendors that include Amazon.com Inc., Ashley Global Retail LLC, Bed Bath and Beyond Inc., Berkshire Hathaway Inc., Brewster Home Fashions, Costco Wholesale Corp., Crane and Canopy Inc., Crate and Barrel, Ethan Allen Interiors Inc., Haverty Furniture Companies Inc., Inter IKEA Holding BV, Kimball International Inc., Mannington Mills Inc., MillerKnoll Inc., Mohawk Industries Inc., Springs Window Fashions LLC, The Home Depot Inc., Zepter International, F. Schumacher and Co., and Riverside Furniture Corp.. Also, the US home decor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.