IMARC Group's report titled "United States Home Decor Market Report by Product Type (Home Furniture, Home Textiles, Flooring, Wall Décor, Lighting, and Others), Distribution Channel (Home Decor Stores, Supermarkets and Hypermarkets, Online Store, Gift Shops, and Others), and Region 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on the United States home decor market share. The market size is projected to exhibit a growth rate (CAGR) of 3.69% during 2024-2032.
The changing consumer preferences as well as the growing impact of social media and home improvement shows are the factors responsible for the growth of the United States home decor market. Additionally, one significant trend is the rising demand for personalized and unique home decor items. This trend is further amplified by the popularity of platforms like Instagram and Pinterest, where users share design ideas and inspiration. Moreover, the do-it-yourself (DIY) movement is also gaining traction, with more people taking on home improvement projects to create personalized living spaces. Besides this, the pandemic has shifted focus towards home environments, leading to a surge in the need for home office furnishings and multifunctional furniture that maximizes space and utility.
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United States Home Decor Market Trends and Drivers
Sustainability is another key driver in the United States home decor market. Increasing awareness about environmental issues is pushing consumers to opt for eco-friendly and sustainable decor options. The growing preference for furniture made from recycled materials, reclaimed wood, and natural fibers, is positively impacting the market. Brands are reacting by producing items that are both aesthetically beautiful and ecologically friendly. Furthermore, the rise of e-commerce and online shopping platforms has made it easier for customers to obtain a large selection of home décor items, propelling market expansion. In line with this, the convenience of online shopping, combined with virtual reality (VR) and augmented reality (AR) technologies that allow consumers to visualize decor items in their homes before purchase, is transforming the home decor shopping experience, which is anticipated to drive the United States home decor market over the forecasted period.
Report Segmentation:
The report has segmented the market into the following categories:
Product Type Insights:
- Home Furniture
- Home Textiles
- Flooring
- Wall Décor
- Lighting
- Others
The report has provided a detailed breakup and analysis of the market based on the product type. This includes home furniture, home textiles, flooring, wall décor, lighting, and others.
Distribution Channel Insights:
- Home Decor Stores
- Supermarkets and Hypermarkets
- Online Store
- Gift Shops
- Others
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes home decor stores, supermarkets and hypermarkets, online store, gift shops, and others.
Regional Insights:
- Northeast
- Midwest
- South
- West
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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