Online Home Decor Market size to grow by USD 52.95 billion, Market Research insights highlight the rise in online spending and smartphone penetration as Key Driver - Technavio

Global Online Home Decor Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Amazon.com Inc.
• Ashley Furniture Industries Inc.
• Bed Bath & Beyond Inc.
• Herman Miller Inc.
• Inter IKEA Holding BV
• LaZBoy Inc.
• Urban Outfitters Inc.
• Walmart Inc.
• Wayfair Inc.
• Williams-Sonoma Inc. 

Europe will account for 42% of market growth. The main European markets for online home decor are the UK and Germany. This region's market will grow more quickly than the markets in North America, South America, and MEA combined. The need for residential construction projects is anticipated to rise as the urban population base grows. Over the anticipated timeframe, this will help the European online home decor market flourish.

Furthermore, countries such as the US, UK, China, Germany, Canada, and Japan are expected to emerge as prominent markets for Online Home Decor Market during the forecast period. 

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The increase in online spending and the use of smartphones are two major drivers propelling growth in the online home decor market. Due to the widespread usage of Internet services, increased economic growth, and the advancement of purchase and delivery choices brought about by the emergence of m-commerce, online shopping through smart devices has become more and more popular over time.

The industry is expanding as a result of other factors such as free delivery, enhanced online customer care, and user-friendly website designs for online retailers. The global online home decor business is expanding as a result of increasing online sales. Although factors such as strict competition from the offline channel may impede the market growth.

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Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market Definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• The threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Online home furniture - Market size and forecast 2020-2025
• Online home furnishings - Market size and forecast 2020-2025
• Other online home decorative products - Market size and forecast 2020-2025
• Market opportunity by Product

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• APAC - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor Landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Amazon.com Inc.
• Ashley Furniture Industries Inc.
• Bed Bath & Beyond Inc.
• Herman Miller Inc.
• Inter IKEA Holding BV
• LaZBoy Inc.
• Urban Outfitters Inc.
• Walmart Inc.
• Wayfair Inc.
• Williams-Sonoma Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research Methodology
• List of abbreviations

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SOURCE Technavio