DUBLIN–(BUSINESS WIRE)–The “United
States Home Decor Market – Growth, Trends, and Forecast (2019 – 2024)”
report has been added to ResearchAndMarkets.com’s
offering.
Due to fast changing lifestyle and rise in a number of house
possessions, United States home decor market is experiencing the highest
growth with the market share of 68.1% in 2017 in the North America
Region.
With the rising number of individuals owning homes, especially in
developed countries like United States, the home decor market is on a
rise globally. In home decor, things like furniture, textiles and floor
covering are used to enhance the living space. One factor responsible
for the rapid increase in the home decor market is the expansion of the
real estate industry.
A large number of people are accessing online retail outlets to decorate
their homes.
Other factors that are influencing the growth of the market are the rise
in the disposable incomes and improving lifestyle of people. However,
there are some restraints that are slowing the market growth of home
decor products like the increasing price of raw materials like wood and
leather.
Furniture & Home Furnishings Store Sales in the United States
The home furnishings retail industry allows consumers to make their
homes truly their own with their very choices of furniture and decor to
make attractive. Along with the struggling housing markets, so too are
retailers of home furnishings and furniture.
Demand for home furnishings is cyclical, influenced by housing starts,
as desires to remodel and redesign are not necessary during slow
economic times. Demand is also driven by consumer income. Large
companies compete through volume purchasing, breadth of products, and
effective merchandising and marketing. Small companies focus on a market
segment and compete through depth of products and superior customer
service. In 2016, furniture and home furnishings store sales amounted to
about USD 111.47 billion.
Main Source of Home Decoration Inspiration for Customers
As of 2018, among all the sources like social media, home decor
magazine, families homes, television and stores, 29% of customers
responded that social media was their main source of home decoration
inspiration.
Competitive Landscape
The report covers major international players operating in US Home Decor
Market. In terms of market share, few of the major players currently
dominate the market. However, with technological advancement and product
innovation, mid-size to smaller companies are increasing their market
presence by securing new contracts and by tapping new markets.
Key Topics Covered
1 INTRODUCTION
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Trends Influencing the US Home Decor Market
4.6 Value Chain Analysis of the US Home Decor Market
4.7 Porter’s Five Forces Analysis
4.8 E-commerce Impact on the Market
4.9 Technological Innovations
5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Furniture
5.1.1.1 Kitchen
5.1.1.2 Living and Bedroom
5.1.1.3 Bathroom
5.1.1.4 Outdoor
5.1.1.5 Lighting
5.1.2 Textiles
5.1.2.1 Rugs
5.1.2.2 Bath Textiles
5.1.2.3 Bed Textiles
5.1.2.4 Kitchen and Dining Textiles
5.1.2.5 Living Room Textiles
5.1.3 Floor Coverings
5.1.3.1 Tiles
5.1.3.2 Wood and Laminate
5.1.3.3 Vinyl and Rubber
5.1.3.4 Carpets and Rugs
5.1.3.5 Other Floor Coverings (Linoleum, Cork, Bamboo, Concrete)
5.2 By End User
5.2.1 Household
5.2.2 Commercial
6 COMPANY PROFILES
6.1 Ikea
6.2 Bed Bath & Beyond
6.3 Ashley Furniture Industries Inc.
6.4 Herman Miller
6.5 Kimball International
6.6 Armstrong World Industries Inc.
6.7 Shaw Industries
6.8 Mannington Mills Inc.
6.9 Mohawk Industries Inc.
6.10 Williams-Sonoma
7 INVESTMENT ANALYSIS
8 FUTURE OF THE MARKET
For more information about this report visit https://www.researchandmarkets.com/r/wgle0t
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Related
Topics: Interior
Design and Decorative Arts
