Global Online Home Decor Market to reach USD xxx billion by 2025.
Global Online Home Decor Market valued approximately USD xx billion in 2016 is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2017-2025 Increasing demand for eco-friendly furnishings, growing popularity of interior designing, and rising demand for multifunctional furniture are the major trends which are estimated to drive the demand for online home decor during the forecast period. Furthermore, rising demand for premium furniture is the key driver estimated to expand the overall online home decor market in the near future. This is due to individuals opting for luxury furniture brands as the buying power is increasing with economic growth, thus increasing the importance of home d?cor. Number of homeowners has increased significantly in the recent years, especially in emerging economies, thereby spurring a growing interest, among these owners. Additionally, home d?cor products have gained a high acceptance among home owners who want to renovate the home interior and exteriors. The impact of this factor would increase during the forecast period, thereby consequentially fostering the demand of home d?cor products, during the forecast period. Real estate industry has witnessed significant market growth worldwide, owing to the increasing disposable income.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
- Home Furniture
- Home Furnishing
- Other Home Decoratives
- North America
- Asia Pacific
- Latin America
- Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are Amazon, The Mine, Ashley Furniture Industries, Carrefour, Herman Miller, Home24, OTTO, Tesco.com, Sears Brands. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Online Home Decor in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers