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March 13, 2023 (The Expresswire) - Home décor market study identifies how the technology industry is evolving and how major and new players in the industry are responding to the long-term opportunities and challenges ahead. short term they face. The growth rate is one of the main attractions in the home decoration industry. Many big tech companies [IKEA, Philips, Suofeiya Home Collection, Springs Window Fashions, Zepter, Conair, Siemens, Hanssem, Samson, Oneida] saw a way to increase their market share and attract consumer attention.
What is the Home Décor market growth rate?
The home furnishings market size is expected to reach US$1 million by 2028 compared to 2023 at an unexpected CAGR over the forecast period 2023-2028.
Explore 91 pages of detailed TOC, tables, and figures with infographics containing exclusive data, information, vital statistics, trends, and details of the competitive landscape in this specialized industry.
customer focus
1. Does this report consider the impact of COVID-19 and the Russia-Ukraine War on the home improvement market?
Yes. Because COVID-19 and the Russia-Ukraine War have greatly affected global supply chain relationships and commodity pricing regimes, we took them into account in our research and will explain in the chapters the impact of the pandemic and war on home decor. industry. .
The final report will add an analysis of the impact of the Russo-Ukrainian war and COVID-19 on this home decoration industry.
Find out how the COVID-19 pandemic and the wars in Russia and Ukraine are affecting this market: sample application
This research report is the result of extensive primary and secondary research on the home furnishings market. It provides a detailed overview of the current and future market trends as well as a competitive analysis of the industry segmented by Application, Type, and Regional Trends. It also provides an overview of the past and present performance of leading companies. The studies use a variety of methodologies and analyzes to provide accurate and comprehensive information on the home improvement market.
What factors drive the home decor market?
The growing demand for [Interior, Exterior, Other] around the world has a direct impact on the growth of home decoration.
The segments and subsections of the housewares market are distinguished below:
By product type, the market is segmented into [home furnishings, rugs, bathroom textiles, bedding textiles, kitchen and dining room textiles, tiles, wood and laminate flooring, vinyl and rubber flooring, lighting, and others] , which occupies the largest dwelling. decoration market. in the year 2022.
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Home Decor Market – Competitive Analysis and Segmentation:
2. How do you decide which key players to include in the report?
In order to clearly express the competitive situation in the industry, we specifically analyze not only the leading companies that have a voice on a global scale, but also the regional small and medium-sized companies that play an important role and have great growth potential. .
Brief description of the home decoration market:
The global home decoration market is expected to grow at a considerable rate during the forecast period, between 2022 and 2028. In 2021, the market will grow at a steady rate and with the adoption of better strategies by key players, the market is expected to rise. grow. It rises above the expected horizon.
Due to the COVID-19 pandemic, the global home furnishings market is valued at $527.18 billion in 2021 and is expected to adjust to $622.77 billion in 2028 at a CAGR of 2.4% over the period forecast 2022-2028. . Taking into account the economic changes caused by the health crisis, the European home furnishings market is expected to reach US$ million in 2022, while the United States and China are expected to reach US$ million and US$ million in 2028, respectively. percent in 2022, while China's share is percent and China's market share is expected to reach percent in 2028, after the percentage CAGR over the analysis period. As for the European home decoration scene, Germany is expected to reach US$1 million by 2028, and in Asia, Japan and South Korea are the main markets, the compound annual growth rate is percentage and percentage respectively during the next six years. .
Covering the global home furnishing market as a percentage in 2021, home furnishings is expected to be worth millions of US dollars by 2028, with a revised percentage increase from the 2022 compound annual growth rate to 2028. Lasts approx. percent in 2028.
The world's largest home décor manufacturers include IKEA, Philips, Suofeiya Home Collection, Springs Window Fashions, Zepter, Conair, Siemens, Hanssem, Samson and others. In terms of revenue, the top 3 global players will capture a share of the home furnishings market in 2021.
This report focuses on the volume and value of household goods at the global, regional, and company levels. From a global perspective, this report presents overall Home Decor Market Size by analyzing historical data and future prospect. At the regional level, this report focuses on several key regions: North America, Europe, China, Japan, etc.
View our 2023 Home Completion Report
3. What is your main data source?
When compiling the report, primary and secondary data sources are used.
Primary sources include extensive interviews with key opinion leaders, industry experts (such as experienced employees, managers, CEOs, and marketing executives), distributors, and end users. Secondary sources include research of major companies' annual and financial reports, public records, new journals, etc. We also work with many third party databases.
The chapter presents a geographically detailed analysis of consumption, revenue, market share, growth rate, historical data, and forecast (2017-2027) for the following regions:
●North America (USA, Canada, Mexico) ●Europe (Germany, UK, France, Italy, Russia, Turkey, etc.) ●Asia Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand , Philippines, Malaysia, Vietnam) ●South America (Brazil, Argentina, Colombia, etc.) ●Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa)Home Decor Market Analysis / Research Report / Analysis answers your following questions
● What are the global trends in the housewares market? Will the market witness an increase or decrease in demand in the coming years? ● What is the expected demand for the different types of home furnishing products? What are the future applications and industry trends in the home decoration market? ● What is the outlook for the global home decoration industry in terms of product capacity, production, and cost? What are the expected costs and benefits? What will be the market share, supply and consumption? What about import and export? ● Where will strategic development take the industry in the medium and long term? ● What factors affect the final price of home furnishings? What raw materials are used to make interior items? ● How big is the home decor market opportunity? How will the increase in the use of mining for home decoration affect the growth rate of the overall market? ● What is the value of the global home decoration market? What is the market value in 2022? ● Who are the key players in the home decoration market? What are the main companies? ● What are the latest industry trends that can be implemented to generate additional income? ● What should be the entry strategy, economic countermeasures, and marketing channels for the home decoration industry?prepare the report
Can I change the area of the report and customize it according to my needs?
Yes. High-quality, in-depth, multi-dimensional individual requirements can help our clients accurately understand market opportunities, easily deal with market problems, accurately formulate market strategies, and act quickly, thus having sufficient time and space. to compete in the market.
Please ask additional questions and share inquiries, if any, before purchasing this report at: https://www.360researchreports.com/enquiry/pre-order-enquiry/21233077.
Detailed Global Domestic Market Index and Forecast to 2028
Main Provisions of the Table of Contents
Global Search Engine Market Report 2023-2028, By Manufacturers, Regions, Types and Applications
1. Introduction
1.1 Research objectives
1.2 Market definition
1.3 Market size
1.3.1 Market Segmentation by Type, Applications and Marketing Channels
1.3.2 Large regional coverage (North America, Europe, Asia Pacific, Middle East and Africa)
1.4 years (2015-2028) were considered for the study
1.5 Responsible currency (USD)
1.6 Interested parties
2 top search results
3 market dynamics
3.1 Factors that influence this market
3.2 Factors that challenge the market
3.3 Global Home Decor Market Opportunities (Region, Downstream Growth/Development Market Analysis)
3.4 Technological and market developments in the home furnishings market
3.5 Industry News by Region
3.6 Regulatory scenario by region/state
3.7 Analysis of Recommendations for the Strategic Investment Market Scenario
4 home decoration market value chain
4.1 State of the value chain
4.2 Analysis of raw materials
4.3 Analysis of Major Companies in Mid Lane (By Manufacturing Base, By Product Type)
4.4 Distributors/Resellers
4.5 Major Customer Sales Analysis (By Region)
5 Global Home Decor Market Segmentation by Type
6 Global Home Decor Market Segmentation, by Application
7 Global Home Decor Market Segmentation by Marketing Channels
7.1 Traditional (offline) marketing channels
7.2 Online channels
8 Competitive Intelligence Company Profile
9 Global Home Decor Market Segmentation by Geography
9.1 North America
9.2 Europe
9.3 Asia and the Pacific
9.4 Latin America
9.5 Middle East and Africa
10 Next Global Home Furniture Market Forecasts 2023-2028
10.1 Global Home Decor Market Forecast 2023-2028 Segment by Region
10.2 Global Home Decoration Production Growth and Growth Forecasts by Type (2023-2028)
10.3 Global Home Decoration Consumption and Growth Rate by Application (2023-2028)
11 Appendix
11.1 Methodology
12.2 Research data sources
advanced….
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Press release shared by The Express Wire
To view the original on The Express Wire, visit our Application, Product, Sales and Home Furnishings Market Forecasts 2023-2028 page.
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