United States Home Decor Market Growth, Size, Trends Analysis- By Product, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Published: Nov 2024	Report ID: FMCG24181	Pages: 1 - 107	Formats^*:
Category : Consumer & Retail

United States Home Decor Market Introduction and Overview

According to SPER Market Research, the United States Home Decor Market is estimated to reach USD 300.23 billion by 2033 with a CAGR 4.39%.

The report includes an in-depth analysis of the United States Home Decor Market, including market size and trends, product mix, distribution channels, and supplier analysis. Home decor is the collection of different styles and components used to improve a living area's visual appeal and usability. This include wall art, lighting, accessories, furniture, and textiles that express individual style and bring the space together. From traditional and varied styles to modern and minimalist designs, home decor can let people showcase their individual personalities and lifestyles. Cultural changes, eco-friendly practices, and technology breakthroughs frequently impact home dÃ©cor trends, creating a dynamic market that changes to suit customer tastes.

In the United States, Overstock.com Inc. and Bed Bath & Beyond launched BedBathandBeyond.com in August 2023. By strategically combining the characteristics of both businesses, a single online retail platform that operates solely under the name Bed Bath & Beyond is created.

June 2023: A number of Bed Bath & Beyond's intellectual property assets were strategically purchased by online retailer Overstock.com Inc. The Bankruptcy Court oversaw the process that led to the acquisition.

Market Opportunities and Challenges

Opportunities: The home dÃ©cor market in the United States has been steadily expanding, and this upward trend is expected to continue. This market expansion is mostly driven by an increase in consumer demand for furnishings, fabrics, and floor coveringsâ€”essentials for home dÃ©cor. Furthermore, the examination of the US home dÃ©cor industry shows that the growing demand for items with improved storage choices has been fueled by the popularity of compact housing, which has improved the visual appeal of homes. Furthermore, According to recent industry study, the real estate market's strong expansion is driving up demand for home dÃ©cor services at the same time. The growing market for home decor reflects this upsurge. Significantly, the interior design industry has changed to meet the growing need for upscale, luxurious home furnishings, improving the visitor experience. The growing popularity of home renovations is one of the major market trends that is expanding the selection of interior design products, from eco-friendly furniture and decorative lighting to wood or marble flooring. This trend is a major contributor to the expansion of the home decoration sector.

Challenges: One major issue limiting market expansion is lengthy product replacement cycles that lead to occasional purchases. The newest trends in design are driving the US home decor market, where buyers are spending money on high-end, long-lasting things including office furniture, spa supplies, floor coverings, furniture, fabrics, and clean room supplies. These products are regarded as long-term investments because of their exceptional endurance and quality. Customers concentrate on cleaning and preserving these items once they are acquired in order to prolong their lives, which leads to few replacements.

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Market Competitive Landscape

The market for home dÃ©cor in the US is fragmented. Its expansion is driven by a flourishing real estate market. At the moment, a few major companies control the majority of the market expansion. Nonetheless, smaller and mid-sized businesses are increasing their market presence thanks to technical breakthroughs and creative products. By landing new contracts and breaking into unexplored markets, they are accomplishing this. Ashley Furniture Industries, Inc., Mannington Mills Inc., Kimball International Inc., Bed Bath & Beyond Inc., and Inter IKEA Systems BV are a few of the biggest businesses in the US home dÃ©cor market.

Scope of the report:

Report Metric	Details
Market size available for years	2020-2033
Base year considered	2023
Forecast period	2024-2033
Segments covered	By Product, By Distribution Channel
Regions covered	Eastern Region, Western Region, Northern Region, Southern Region
Companies Covered	Acuity Brands Lighting, American Textile Systems, Ashley Furniture, Crane & Canopy Inc, Generation Lighting, Herman Miller Inc., Ikea USA, Kimball International, Mannington Mills Inc, Mohawk Flooring, Shaw Industries Group, Others.

COVID-19 Impact on United States Home Decor Market

The COVID-19 epidemic had a significant effect on the home dÃ©cor business in the United States. As people tried to make their homes more comfortable while remaining at home, they demanded more home renovation products. A predilection for comfortable, multipurpose dÃ©cor pieces that encourage relaxation, including soft textiles and plants, is the outcome of this change. E-commerce thrived as physical stores faced constraints, leading many firms to improve their online shopping experiences. But because the pandemic disrupted the supply chain, there were delays and shortages, which prompted customers to look for sustainable and locally sourced products. Additionally, as more people concentrated on setting up efficient workstations due to the growth of remote work, demand for home office furniture increased.

Key Target Audience:

Renters
Interior Designers
Contractors and Builders
Real Estate Agents
DIY Enthusiasts
Online Shoppers

Our in-depth analysis of the United States Home Decor Market includes the following segments:

By Type:	Top Loader Front Loader
By Application:	Residential Commercial
By Distribution Channel:	Online Offline

Key Topics Covered in the Report:

United States Home Decor Market Size (FYâ€™2024-FYâ€™2033)
Overview of United States Home Decor Market
Segmentation of United States Home Decor Market By Product (Home Furniture, Home Textiles, Flooring, Wall DÃ©cor, Lighting and Lamps, Accessories, Others)
Segmentation of United States Home Decor Market By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online, Others)
Expansion Analysis of United States Home Decor Market
Problems and Obstacles in United States Home Decor Market
Competitive Landscape in the United States Home Decor Market
Impact of COVID-19 and Demonetization on United States Home Decor Market
Details on Current Investment in United States Home Decor Market
Competitive Analysis of United States Home Decor Market
Prominent Players in the United States Home Decor Market
SWOT Analysis of United States Home Decor Market
United States Home Decor Market Future Outlook and Projections (FYâ€™2024-FYâ€™2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERâ€™s internal database
2.1.4. Premium insight from KOLâ€™s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Portable Washing Machine Market

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERâ€™s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Europe Portable Washing Machine Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Portable Washing Machine Market

7. Europe Portable Washing Machine Market, By Type (USD Million) 2020-2033

7.1. Europe Portable Washing Machine Market Size, Share and Forecast, By Type, 2020-2026
7.2. Europe Portable Washing Machine Market Size, Share and Forecast, By Type, 2027-2033
7.3. Top Loader
7.4. Front Loader

8. Europe Portable Washing Machine Market, By Application (USD Million) 2020-2033

8.1. Europe Portable Washing Machine Market Size, Share and Forecast, By Application, 2020-2026
8.2. Europe Portable Washing Machine Market Size, Share and Forecast, By Application, 2027-2033
8.3. Residential
8.4. Commercial

9. Europe Portable Washing Machine Market, By Distribution Channel (USD Million) 2020-2033

9.1. Europe Portable Washing Machine Market Size, Share and Forecast, By Distribution Channel, 2020-2026
9.2. Europe Portable Washing Machine Market Size, Share and Forecast, By Distribution Channel, 2027-2033
9.3. Online
9.4. Offline

10. Europe Portable Washing Machine Market Forecast, 2020-2033 (USD Million)

10.1. Europe Portable Washing Machine Market Size and Market Share

11. Europe Portable Washing Machine Market, By Region, 2020-2033 (USD Million)

11.1. Europe Portable Washing Machine Market Size and Market Share By Region (2020-2026)
11.2. Europe Portable Washing Machine Market Size and Market Share By Region (2027-2033)
11.3. France
11.4. Germany
11.5. Italy
11.6. Spain
11.7. United Kingdom
11.8. Rest of Europe

12. Company Profile

12.1. Beko
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Bosch
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Electrolux
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Haier
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Hitachi
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Kenmore
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. LG
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Miele
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Samsung
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Whirlpool
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others

13. Conclusion

14. Reference Links

15. List of Abbreviations

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

How big is the United States Home Decor Market?

United States Home Decor Market is projected to reach USD 300.23 billion by 2033, growing at a CAGR of 4.39% during the forecast period.

What is the growth rate of the United States Home Decor Market?

United States Home Decor Market grew in Market size from 2024. The Market is expected to reach USD 300.23 billion by 2033, at a CAGR of 4.39% during the forecast period.

What is the anticipated CAGR of the United States Home Decor Market?

United States Home Decor Market CAGR of 4.39% during the forecast period.

How can I get a sample report on the United States Home Decor Market?

You can get the sample pages by clicking the link - Click Here

What is the Market size of the United States Home Decor Market?

United States Home Decor Market size is USD 300.23 billion from 2024 to 2033.

Which segment is expected to United States Home Decor Market?

United States Home Decor Market is covered By Product, By Distribution Channel

Which region is expected to have the highest Market share in the United States Home Decor Market?

The North America is anticipated to have the highest Market share in the United States Home Decor Market.

Who are the key players in United States Home Decor Market?

The Key players in the Market include Companies Covered Acuity Brands Lighting, American Textile Systems, Ashley Furniture, Crane & Canopy Inc, Generation Lighting, Herman Miller Inc., Ikea USA, Kimball International, Mannington Mills Inc, Mohawk Flooring, Shaw Industries Group, Others.

What is the conclusion of the United States Home Decor Market?

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