Home Decor Market Growth, Size, Industry Opportunity Analysis and Industry Forecast, 2016-2023 Analysis, Share, Trends and Forecast 2020 Global Opportunity Analysis and Industry Forecast, 2016-2023
Home Decor Market
“In developed countries such as the U.S. and U.K, eco-friendly home decor products have generated a high demand owing to the increased environment awareness. Multifunctional furniture is popular among the consumers in developing countries. Online buying of home decor products is gaining popularity, worldwide. Globally, consumers are more inclined towards buying stylish and luxury home decor products.�
Home Decor Market
Home Decor Market published by Allied Market Research, forecasts that the global market is expected to garner $664.0 billion by 2020, registering a CAGR of 4.2% during the forecast period 2015-2020. Home decor products have generated substantial demand among consumers owing to the growing consumers interest towards the concept of home decor. Asia-Pacific is the leading market, occupying around 31% of the market share followed by Europe. The market players are focusing on developing eco-friendly products since popularity of these products is growing among consumers, owing to rising environment awareness. Among the three key product segments; home textiles, floor coverings and furniture, floor covering segment occupied the largest share in the overall home decor market in 2014. The segment is expected to maintain its leading position throughout the forecast period, owing to the wide adoption of floor coverings in different geographical markets. In 2014, Asia-Pacific occupied the highest market share in floor covering segment. Rapid urbanization, increasing disposable income and growing/booming real estate sector in the region, are main driving forces for the growth of home decor market in the region.
Home Decor Market
The three product segments are further bifurcated into sub categories based on their type. In 2014, floor covering segment was dominated by carpets & rugs, followed by tiles. North America held the largest share in vinyl & rubber flooring segment and is expected to maintain its share during 2015-2020, owing to stringent government regulations restricting the use of hazardous floor covering materials. Additionally, low maintenance, high durability and comparatively lower price than other flooring materials, are other factors that have driven the high demand of vinyl and rubber flooring in North America. For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/751 Geographically, APAC is the leading market for home decor products. In emerging markets such as India, China and Brazil, the residential real estate industry has witnessed a considerable growth in the recent past, thereby fostering favorable environment for the home decor market in the region. Additionally, high urbanization rate, increasing disposable income and improving life style are other important factors spurring the market growth in the region.
Home Decor Market
• The study provides an in-depth analysis of the world home decor market with current and future trends to elucidate the imminent investment pockets in the market • Current and future trends have been outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market • The report provides information regarding key drivers, restraints and opportunities with impact analysis • Quantitative analysis of the current market and forecast during the period from 2015-2020 have been provided to highlight the financial appetency of the market • Porters five forces model analysis of the industry illustrates the potency of the buyers and suppliers participating in the market • Value chain analysis in the report provides a clear understanding on the roles of stakeholders involved in the value chain
Home Decor Market
Top Factors Impacting World Home Decor Market
Home Decor Market
Global home decor market comprises players such as Inter IKEA Group, Forbo International SA, Armstrong World Industries, Inc., Mannington Mills Inc., Mohawk Industries Inc., Shaw Industries, Herman Miller Inc., Ashley Furniture Industries, Inc., Kimball International and Duresta Upholstery Ltd. The leading players are acquiring smaller players to widen their customer base. Leading players are consistently introducing new products with a wide range of design and style in order to increase their market share. Besides this, many furniture manufacturers are partnering with interior designers to create and offer a wide range of customized furniture. Request Sample Copy: https://www.alliedmarketresearch.com/request-sample/751
Home Decor Market
Home Decor Market
List of Figures Fig. 1 Top Impacting Factors Fig. 2 Top Investment Pockets Of Home Dcor Market Fig. 3 Top Winning Strategies Of Home Dcor Market Fig. 4 Porters Five Force Analysis Fig. 5 Value Chain Analysis Fig. 6 U.S. Furnishings And Durable Household Equipment Expenditures Fig. 7 Value Of Private Residential Construction In U.S., In $Million Fig. 8 Gross National Disposable Income Per Capita (Pps) In Selected European Countries, In Euro Fig. 9 Urban Population In Selected Asian Countries, In % Fig. 10 Swot Analysis Of Inter Ikea Group
Home Decor Market Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com
Home Decor Market
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