World Home Decor Market - Expected to Garner $664.0 Billion, by 2020
DUBLIN, January 19, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/xxsmw4/world_home_decor) has announced the addition of the "World Home Decor Market - Opportunities and Forecasts, 2014 - 2020" report to their offering.
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The world home decor market is expected to grow at a CAGR of 4.2% during the forecast period 2015 - 2020. The floor covering segment occupied the largest market share in 2014, followed by furniture. In 2014, world home decor market was dominated by Asia-Pacific region and the region is expected to register the fastest CAGR during the forecast period.
Expansion and further developments in real estate industry have supplemented the growth of the world home decor market. Globalization facilitates easier and wider availability of home decor products and designs for consumers. Moreover, growing consumers preference towards adoption and usage of eco-friendly products, known for their minimal impact on the environment, has also boosted the growth of the market.
Nowadays, consumers prefer online retail platforms for buying furniture, owing to the all-time availability of a wide array of home decor products at discounted/affordable price. Increasing cost of raw materials, such as leather and superior quality wood, is limiting the market growth. Improving lifestyle and increasing disposable income of individuals would offer several growth opportunities to the players operating in the market.
Key Benefits:
- The study provides an in-depth analysis of the world home decor market with current and future trends to elucidate the imminent investment pockets in the market.
- Current and future trends have been outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
- The report provides information regarding key drivers, restraints and opportunities with impact analysis.
Companies Mentioned:
- Armstrong World Industries, Inc.
- Ashley Furniture Industries, Ltd.
- Duresta Upholstery Ltd.
- Forbo International SA
- Herman Miller, Inc.
- Inter IKEA Group
- Kimball International
- Mannington Mills, Inc.
- Mohawk Industries, Inc.
- Shaw Industries Group, Inc.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: World Home Decor Market By Product Type
Chapter 5: World Home Decor Market By Geography
Chapter 6: Company Profiles
For more information visit http://www.researchandmarkets.com/research/xxsmw4/world_home_decor
About Research and Markets:
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Laura Wood
+353-1-481-1716
[email protected]
SOURCE Research and Markets
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