IMARC Group has recently released a new research study titled “Home Decor Market Report by Product Type (Home Furniture, Home Textiles, Flooring, Wall Decor, Lighting, and Others), Distribution Channel (Home Décor Stores, Supermarkets and Hypermarkets, Online Stores, and Others), and Region 2025-2033”, The study provides a detailed analysis of the industry, including the global home decor market share, size, trends, growth and forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global home decor market size reached USD 779.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1,104.0 Billion by 2033, exhibiting a growth rate (CAGR) of 3.9% during 2025-2033. The market is experiencing stable growth driven by the increasing focus on health and wellness, rising preferences for personalized and aesthetically pleasing interior designs, and integration of smart technology in decor products to provide enhanced experiences to individuals.
Global Home Decor Market Trends:
The home decor market is set for exciting growth as new trends emerge. These trends show how consumer preferences and lifestyles are changing. A major trend is the rise of technology in home decor. Smart home devices are becoming common in modern homes. People want tech that makes their lives easier, like smart lighting, automated window treatments, and integrated sound systems. This trend focuses on both function and style. Manufacturers are creating tech products that fit well with traditional decor. Another factor is the growth of remote work. Many people now want comfortable home offices. This has led to more demand for ergonomic furniture, stylish storage, and decor that boosts productivity and well-being. The trend of biophilic design is also on the rise. This design connects indoor spaces with nature. Consumers are adding natural elements to their decor, like indoor plants, natural materials, and outdoor-inspired colors. This not only makes spaces more appealing but also supports mental health. As these trends evolve, the home decor market will continue to grow. It will focus on innovation, personalization, and improving the living experience. The future looks bright as the market adapts to changing consumer needs and preferences.
Factors Affecting the Growth of the Home Decor Industry:
Rise of E-commerce and Online Shopping:
The home decor market is changing fast due to e-commerce. More consumers now shop online for home decor products. They enjoy the ease of browsing many items from home. They can also compare prices and styles easily. E-commerce sites offer a wider range of products, including unique finds not seen in stores. Augmented reality (AR) is improving online shopping. It allows shoppers to see how decor items will look in their homes before buying. This feature boosts confidence in their choices. Social media also shapes home decor trends. Influencers and brands display beautiful interiors that inspire purchases. As online shopping grows, the home decor market is set to expand. The focus will be on improving digital experiences and offering personalized recommendations.
Sustainability and Eco-Friendly Products:
A key driver of growth in the home decor market is the rising demand for sustainable and eco-friendly products. People are more aware of environmental issues now. They care about the materials and processes behind their purchases. This trend shows in home decor. Consumers prefer items made from sustainable materials like reclaimed wood, organic textiles, and recycled products. Brands that focus on sustainability gain a competitive edge. Consumers pay more for products that reflect their values. The trend toward minimalism also shapes buying choices. Consumers are leaning toward high-quality, timeless pieces that are both functional and pleasing to the eye. In response, manufacturers incorporate sustainable practices, from sourcing materials responsibly to cutting waste in production. Brands are also communicating their eco-friendly efforts clearly, appealing to environmentally conscious buyers. As sustainability continues to influence preferences, the home decor market is likely to grow, fueled by the demand for products that support a healthier planet.
Influence of Interior Design Trends and Personalization:
The home decor market is evolving due to changing design trends and a focus on personalization. Consumers want unique living spaces that showcase their styles and preferences. This shift has increased the demand for customizable decor items. DIY (do-it-yourself) projects are also on the rise, encouraging consumers to participate in designing their homes. Social media platforms like Pinterest and Instagram play a big role in this trend. They provide inspiration for various styles, from bohemian to modern minimalist. In response, brands are offering more personalized options. Consumers can now choose colors, materials, and designs that fit their tastes. Smart home technology is another factor impacting interior design. People want to integrate tech into their homes without losing style. This has led to decor items that blend function and aesthetics, like smart lighting and multi-purpose furniture. As the demand for personalized and trendy decor grows, the market is expected to expand. It will focus on individuality and innovative design solutions.
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Home Decor Market Report Segmentation:
By Product Type:
- Home Furniture
- Home Textiles
- Flooring
- Wall Decor
- Lighting
- Others
Home furniture is the largest market by product type in the global home decor market due to the essential role it plays in furnishing and decorating living spaces, including items such as sofas, tables, chairs, and beds, which are fundamental to interior design and functionality.
By Distribution Channel:
- Home Decor Stores
- Supermarkets and Hypermarkets
- Online Store
- Gift Shops
- Others
Home décor stores represent the largest market by distribution channel, as they specialize in offering a wide range of home décor products, providing consumers with a dedicated retail environment to explore and purchase items such as wall art, rugs, lighting fixtures, and decorative accessories.
Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
North America is the largest region in the market owing to factors such as high levels of disposable income, strong consumer preferences for home improvement and renovation projects, and a mature retail infrastructure that supports a diverse range of home décor products and distribution channels across the region.
Top Home Decor Market Leaders:
The home decor market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.
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Key Companies:
- Ashley Furniture Industries Inc.
- Duresta Upholstery Ltd.
- Forbo Holding AG
- Hanssem Co. Ltd.
- Herman Miller Inc.
- Inter IKEA Systems B.V.
- Kimball International Inc. (HNI Corporation)
- Koninklijke Philips N.V.
- Mannington Mills Inc.
- Mohawk Industries Inc.
- Samson Holding Ltd.
- Shaw Industries Group Inc. (Berkshire Hathaway Inc.)
- Sophia Home
- Springs Window Fashions
- Suofeiya Home Collection Co. Ltd.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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