DUBLIN–(BUSINESS WIRE)–The “Global Home Decor Market Size & Share to 2027” report has been added to ResearchAndMarkets.com’s offering.
Home decor is a way that a house is decorated with various furnishings and accessories which make it look more appealing. Home decor is the trending in the global market where the generalists are learning various ways in which they can keep their home looking peaceful and brilliant. Change in lifestyle and increase in urbanization will drive the home decor market growth.
Increase in demand for fancy furniture and fixtures as well as upholstery products is considered as the key driving factor which is expected to boost the global home decor market growth. Furthermore, increase in demand for eco-friendly products that put less stress on the environment has increased demand for creative home decor products manufactured with different raw materials will positively contribute the market growth.
Moreover, increase in disposable income, smart city projects as well as government initiatives will propel the global home decor market growth. In addition to that, rise in rate of urbanization will fuel the market growth. For instance, As per the United Nations around 55.0% of global population is residing in urban areas in 2018.Also, expansion and development in real estate sector is expected to drive the global home decor market growth over the forecast period.
However, availability of low-quality & counterfeit products is the major challenging factor which is expected to hinder the global home decor market growth. Also, fluctuations in raw material prices will affect the market growth during this analysis period.
- Inter IKEA Systems B.V.
- Herman Miller Inc
- Kimball International Inc
- Koninklijke Philips N.V.
- Hanssem Corporation
- Springs Window Fashions LLC
- Suofeiya Home Collection Co. Ltd.
- Siemens AG
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Home Decor Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
For more information about this report visit https://www.researchandmarkets.com/r/fzufa6