Home Décor - APAC
APAC- Revenue in the Home Décor market amounts to US$*****bn in ****. The market is expected to grow annually by ****% (CAGR *********).
- In global comparison, most revenue is generated United States (US$*****bn in ****).
- In relation to total population figures, per person revenues of US$**** are generated in ****.
- Key regions:
- India,
- France,
- United States,
- Canada,
- Denmark
Definition:
The Home Décor market includes a variety of accessories and furnishings used to make a space more aesthetically appealing. Items in this market can be found in virtually every room within the home and are typically used to showcase one’s unique style and creativity.
Structure:
The Home Décor market is divided into four categories:
- The Decorations market refers to a variety of decorative items that are used to enhance the aesthetics of indoor spaces, such as wall art, decorative objects, vases, and sculptures
- The Carpets & Rugs market refers to products designed to cover and enhance the flooring of indoor spaces. These products range from large area rugs to small accent rugs, and are available in a variety of materials, colors, patterns, and textures, providing both functional and aesthetic value to the space.
- The Candles market covers decorative and aromatic wax-based products that are commonly used to provide mood lighting and fragrance to indoor spaces.
- The Curtains & Blinds market includes products designed to cover windows and regulate the amount of light that enters a room. This market encompasses a wide range of styles and materials, from traditional drapes and blinds to modern shades and screens.
Additional Information:
The Home Décor market consists of revenue and average revenue per capita data. Per capita figures refer to the whole population. This market only includes business-to-consumer (B2C) sales. Business-to-business (B2B) sales (e.g., furniture for coffee shops, offices, etc.) are not included in the figures shown. For more information on the displayed data, click on the info button to the right of each box. In terms of key players in the Furniture market, IKEA is the leading furniture company, but with the rise of e-commerce, players such as Wayfair are gaining ground.
- Candles
- Curtains
- Carpets & Rugs
- Decorative Accessories
- Flameless & Floating Candles
- Shower Curtains
- Smart Blinds
- Clocks
- Plants
- Mirrors
Revenue
Sales Channels
Global Comparison
Methodology
Data coverage:
Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments are not specific to any room.Modeling approach / Market size:
Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.Additional Notes:
The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.Consumer
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