Consumer Goods & Retailing
Online Home Decor Market in India 2024-2028
Online Home Decor Market in India 2024-2028
Online Home Decor Market In India 2024-2028
The online home decor market in India is forecasted to grow by USD 4784.59 mn during 2023-2028, accelerating at a CAGR of 10.79% during the forecast period. The report on the online home decor market in India 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, benefits of buying home decor products online, and growing demand for high-end and luxury home furnishings.
Technavio's online home decor market in India is segmented as below:
By ApplicationIndoorOutdoorBy Product TypeHome furnitureHome furnishingsOther home decorative productsBy PriceMassPremiumThis study identifies the growing demand for eco-friendly home decor items as one of the prime reasons driving the online home decor market in India 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 online home decor market in India covers the following areas:Online home decor market in India sizingOnline home decor market in India forecastOnline home decor market in India 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 online home decor market in India vendors that include Amazon.com Inc., Century Furniture LLC, Chumbak Design Pvt. Ltd, D decor, Elvy Lifestyle Pvt. Ltd., Fabindia Overseas Pvt. Ltd., Forbo Management SA, Godrej Consumer Products Ltd., Golden Leaf, Inter IKEA Holding BV, Mohawk Industries Inc., MyStyle Label Creation Pvt. Ltd., Pepperfry Pvt. Ltd., Praxis Home Retail Ltd., Reliance Industries Ltd., Secret Label India Apparels LLP, Shivalik Metaplast Industries, The Crafty Angels, Wooden Street, and Yellow Verandah. Also, the online home decor market in India 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.