Home décor is the process of decorating, embellishing, and embellishing indoor spaces to enhance aesthetics and create a comfortable living environment. Home decorations refer to items used to decorate the home environment.
Segmented Market Analysis
From the perspective of product types, home decor usually includes flooring, furniture (such as sofas, coffee tables, beds, dining tables, chairs, bookcases, wardrobes, TV cabinets, etc.), lighting, textiles (curtains, bedding, carpets, tablecloths, etc.), and various accessories. Among them, furniture occupies a dominant position in the market. According to our research data, the size of the US furniture segment market in 2023 was $123.02 billion, with a market share of up to 50.53%.
According to different sales channels, the US home décor market can be further divided into online and offline sales markets. Among them, offline sales are the mainstream sales channels. According to our data, the size of the offline sales segment of home décor in the US in 2023 was $229.045 billion, with a market share of up to 93.94%.
US Home Décor Market Size and Share by Product Type and Sales Channel in 2023
|
Market Size (Billion USD) |
Share |
Segmented by Product Type |
||
Furniture |
123.20 |
50.53% |
Textiles |
48.72 |
19.98% |
Flooring |
51.79 |
21.24% |
Accessories |
20.14 |
8.26% |
Segmented by Sales Channel |
||
Offline Sales |
229.05 |
93.94% |
Online Sales |
14.78 |
6.06% |
Source: www.globalmarketmonitor.com
Overview of Market Development and Analysis of Competitive Landscape
Data shows that the size of the US home décor market reached $243.82 billion in 2023. In the coming years, with the continuous improvement of people's living standards and the demand for improved living environments, the home decoration market will continue to usher in new development opportunities. It is expected that the size of the US home décor market will increase to $266.92 billion by 2025.
We provide more professional and intelligent market reports to complement your business decisions.