Global Home Decor Market is expected to reach US$ XX Billion by 2026 from US$ XX Billion in 2018 at CAGR of 6.7%.
Global Home Decor Market
An increase in trend of the home decoration, growth in the economy & income, enhancing living standards, rapid expansion of real estate sector industry and urban population across the globe, and construction activities are some of the promient factors behind the growth of the global home decor market. On the other hand, high cost of materials are expected to limit the growth of the global home decor market.
Residential sector segment is expected to hold the largest share of the market during the forecast period . The maximum share in the market is attributed to the rise in interest and trend of home decoration in consumers. An altering trend towards creative and innovative furnishing amd furniture has influenced the customers to invest in home decor products. An increase in preference for compact products in the house are expected to increase the deamdn for foldable furniture, which delivers ease of storage and convenience.