Global Home Decor Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Furniture, Home Textiles, and Floor Coverings.

By Distribution Channel;

Supermarkets & Hypermarkets , Specialty Stores , E-Commerce, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn646645049 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Home Decor Market (USD Million), 2021 - 2031

In the year 2024, the Global Home Decor Market was valued at USD 1,468,949.90 million. The size of this market is expected to increase to USD 2,899,199.80 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.2%.

The global home decor market is a dynamic and thriving industry that encompasses a wide range of products and trends aimed at enhancing the aesthetic appeal and functionality of living spaces worldwide. From furniture and lighting to textiles and decorative accessories, home decor items play a crucial role in reflecting individual tastes, lifestyles, and cultural influences. With the increasing emphasis on personalized interiors and the growing popularity of home renovation projects, the demand for innovative and stylish decor solutions continues to rise.

The growth of the global home decor market is the growing urbanization and increasing disposable incomes in emerging economies. As more people migrate to urban areas and experience higher levels of prosperity, there is a greater propensity to invest in creating comfortable and visually appealing living spaces. Moreover, the proliferation of digital platforms and social media has facilitated easy access to design inspiration, allowing consumers to stay informed about the latest trends and explore diverse decor options from around the world.

Eco-consciousness are emerging as significant factors shaping the future of the home decor market. With a heightened awareness of environmental issues, consumers are seeking out products that are ethically sourced, eco-friendly, and have minimal ecological footprints. This shift towards sustainable decor solutions is prompting manufacturers and retailers to adopt more environmentally responsible practices, such as using recycled materials, reducing waste, and implementing eco-friendly production processes, thereby driving innovation and fostering a more sustainable future for the industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Home Decor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization

        2. Disposable Incomes

        3. Digitalization

        4. Social Media

      2. Restraints
        1. Fluctuating Raw Material Prices

        2. Supply Chain Disruptions

        3. Changing Consumer Preferences

        4. Competition

      3. Opportunities
        1. Growing Urban Population

        2. Rising Demand for Smart Home Technology

        3. E-Commerce Expansion

        4. Emerging Markets

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Amplifiers Market, By Product Type, 2021 - 2031 (USD Million)
      1. Furniture
      2. Home Textiles
      3. Floor Coverings
    2. Global Home Decor Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarkets & Hypermarkets
      2. Specialty Stores
      3. E-commerce
      4. Others
    3. Global Home Decor Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. IKEA Group
      2. Forbo International SA
      3. Armstrong World Industries
      4. Mills
      5. Mohawk Industries
      6. Shaw Industries Group
      7. Herman Miller
      8. Ashley Furniture Industries
      9. Kimball International
  7. Analyst Views
  8. Future Outlook of the Market