“Online Home Decor Market Size: Global Industry Analysis, Market Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global online home decor market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Report Metrics
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
Home decor refers to an effective way of portraying the lifestyle that a consumer believes in following in their life. Online home decor products are utilized to decorate an apartment or a house with numerous accessories and furnishings to offer a more pleasant appeal to the space of a building. Some of the commonly available online home decor items include textiles, floor coverings, pots, candles, artifacts, furnishing items, household furniture, lamps, etc. These are durable and cost-effective, with longer shelf-life and enhanced aesthetic value. Consequently, online home decor is gaining extensive traction across the globe.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
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Global Online Home Decor Industry Trends and Drivers:
The inflating levels of disposable income and the expanding real estate industry are primarily driving the online home decor market. Additionally, the increasing investments by government bodies in the refurbishment of historical monuments, as well as remodeling activities in residential and commercial spaces, are further catalyzing the market growth. Besides this, the growing number of e-commerce platforms offering home decor products at affordable price points, along with customized designs and technologically innovative features, and the rising consumer inclination towards online portals that offer convenient shopping experience and doorstep delivery are acting as significant growth-inducing factors. Moreover, they provide flexible payment options, easy return and exchange policies, the choice of selecting convenient delivery slots, etc., which is also positively influencing the global market. Apart from this, the elevating penetration of high-speed internet connectivity and the widespread adoption of smart devices are anticipated to fuel the online home decor market over the forecasted period.
Global Online Home Decor Market Segmentation:
The market is segmented in on the basis of type, end use and region.
Type
End use
Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape:
The report also provides insights on the competitive landscape of the global online home decor industry with the leading players profiled in the report.
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