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    United States Home Décor Market, Size, Forecast 2024-2030, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis

    Excel: 8 Hours
    PDF: 24 Hours
    Jan 2024
    Pages: 135

    United States Home Decor Market Outlook

    United States Home Decor Market is expected to value around US$ 180.39 Billion by 2030, according to Renub Research. Home decor, a vibrant expression of personal style, transforms living areas into precise reflections of individuality. Beyond capability, it encapsulates a suave curation of fixtures, coloration palettes, and accessories. Styles range from minimalist elegance to eclectic vibrancy, permitting population to craft environments that resonate with their tastes and existence. Trends evolve, embracing sustainable substances and smart technology. Personal touches, inclusive of artwork and sentimental items, infuse warmth and character. Whether current, rustic, or avant-garde, home decor transcends aesthetics, influencing temper and well-being. In the intersection of layout and emotion, it fosters an experience of sanctuary, making each home a canvas of self-expression.

    In the United States, home decor has come to be a pervasive cultural phenomenon, driven by a burgeoning interest in interior design and self-expression. Social media systems amplify trends, fostering a dynamic and inclusive community of design fans. The upward thrust of home development shows and committed design influencers has propelled a heightened awareness of decor possibilities. With an emphasis on less expensive alternatives and DIY tasks, Americans are increasingly engaging personalizing their living spaces. The industry's boom is evidenced by the proliferation of home decor stores, both physical and online, imparting numerous styles to cater to individual alternatives. As a reflection of lifestyle and identification, home decor in the U.S. stands as a popular method of creative expression and a testimony to the evolving importance of personal space.


    United States Home Décor Market is expected to grow at a CAGR of 4.12% from 2024-2030

    A holistic shift in US home decor displays a growing consumer choice for sustainability, incorporating natural materials like timber and stone, and embracing eco-friendly products. The upward push of biophilic design emphasizes the integration of nature into interiors, promoting well-being. Contrary to minimalist tendencies, maximalism gains traction, encouraging bold expressions and individuality. Compact living spaces power demand for multifunctional furniture and smart home technology integration. The pursuit of personalization fuels interest in hand made objects, DIY projects, and upcycling. Wellness-focused decor consists of soothing elements, even as technology, from smart devices to global inspirations, in addition diversifies and personalizes the house environment in a dynamic and evolving market.

    With growing disposable earning, specifically remarkable amongst younger generations, there is a heightened monetary ability to spend money on non-important items like home décor. This economic flexibility is driving a surge in the reputation of top rate and designer domestic décor brands, indicating a willingness to pay more for unique, premium pieces. The growing homeownership rate in the US amplifies this trend, as new house owners actively are searching to customise and style their living areas. Viewing homes as long-term investments, house owners are more willing to spend on home improvements and enhancements, with domestic décor playing a pivotal position in developing comfortable, inviting, and fashionable living environments that contribute to the overall value and appeal in their residences. Hence, the United States home décor market was valued at US$ 135.98 Billion in 2023.


    Floor coverings are gaining prominence in the United States home decor market

    By products, the United States Home Decor Market is divided into Furniture, Floor Covering, Home Textiles, and Others. Floor coverings are pivotal in shaping a home's aesthetic, providing warm temperature, coziness, and sophistication. The evolving landscape introduces innovative alternatives, meeting numerous options in styles, textures, and shades. Versatile floor coverings, adapting to multifunctional living areas, benefit traction for formal gatherings and daily activities. 

    Health-conscious tendencies force reputation in eco-friendly, anti-microbial, and stain-resistant floors. Technological integration, like smart flooring systems, provides convenience. Floor coverings become a canvas for expressing specific patterns, with customization, antique, and hand-made alternatives growing. Sustainability echoes in recycled and herbal fibre floors. Increasing affordability and accessibility broaden choices, seamlessly incorporating floor coverings into home décor without compromising on style or quality.


    Specialty stores hold a dominant position in the US home décor market

    By distribution channel, the United States Home Decor Market is fragmented into Supermarkets & Hypermarkets, Specialty Stores, E-Commerce, Others. Specialty stores redefine the home décor shopping experience with a carefully curated choice, emphasizing specific patterns or developments. This meticulous method ensures customers find a cohesive collection aligned with their aesthetic, aided by an informed body of workers providing expert steering and personalised consultations. 

    Setting themselves apart from mass shops, those stores unique, precise, wonderful products, along with hand-made and imported items, establish recognition for trust and excellence. Actively engaging with their groups via events and collaborations, specialised stores foster local vibrancy, contributing to customer loyalty. Their niche awareness lets in tailor-made services, making sure adaptability to evolving trends and sustained relevance in the dynamic home décor market.


    United States home décor market is still dominated by households with higher incomes

    By income group, the China Baby Food Market is broken up into Higher Income, Upper-middle Income, and Lower-middle Income. Higher-income families, buoyed by increased disposable profits, allocate big price range to fashionable and personalized home décor. This demographic's propensity for homeownership aligns with a commitment to long-time property investments, viewing improvements as value additions. Valuing home décor for life-style enhancement, they accomplice it with personal expression and accomplishment.

    A desire for premium manufacturers displays an appreciation for craftsmanship and exclusivity, and a readiness to spend money on renovations underscores the notion that improvements add property value. Exposure to international tendencies amplifies interest in precise, imported, or handcrafted objects, while a commitment to sustainability drives a choice for eco-friendly home décor. Seeking experiential retail and personalised service, they prioritize specialty stores, spotting the classy and functional value of domestic décor in elevating dwelling spaces and well-being.


    Key Players

    Inter IKEA Systems B.V., Bed Bath & Beyond Inc, Herman Miller Inc., Mohawk Industries Inc., Williams-Sonoma, Inc., Kimball International, Inc, HNI Corporation are present in the United States home décor market.


    Renub Research report titled “United States Home Décor Market Forecast by Products (Furniture, Floor Covering, Home Textiles, and Others), Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, E-Commerce, Others), Income Group (Higher Income, Upper-middle Income, and Lower-middle Income), Companies (Inter IKEA Systems B.V., Bed Bath & Beyond Inc, Herman Miller Inc., Mohawk Industries Inc., Williams-Sonoma, Inc., Kimball International, Inc, HNI Corporation)” provides a detailed and comprehensive insight of the United States Home Décor Industry.


    Products – United States Home Décor Market breakup from 4 viewpoints:

    1.    Furniture
    2.    Floor Covering
    3.    Home Textiles
    4.    Others


    Distribution Channel – United States Home Décor Market breakup from 4 viewpoints:

    1.    Supermarkets & Hypermarkets
    2.    Specialty Stores
    3.    E-Commerce
    4.    Others


    Income Group – United States Home Décor Market breakup from 3 viewpoints:

    1.    Higher Income
    2.    Upper-middle Income
    3.    Lower-middle Income


    All companies have been covered from 3 viewpoints:

    •    Overview
    •    Recent Development
    •    Revenue 


    Company Analysis:

    1.    Inter IKEA Systems B.V.
    2.    Bed Bath & Beyond Inc,
    3.    Herman Miller Inc.
    4.    Mohawk Industries Inc.
    5.    Williams-Sonoma, Inc.
    6.    Kimball International, Inc,
    7.    HNI Corporation

     

    Report Details:

    Report Features Details
    Base Year 2023
    Historical Period 2019 - 2023
    Forecast Period 2024 - 2030
    Market US$ Billion
    Segment Covered Product, Distribution Channel, and Income Group
    Companies Covered Inter IKEA Systems B.V., Bed Bath & Beyond Inc, Herman Miller Inc., Mohawk Industries Inc., Williams-Sonoma, Inc., Kimball International, Inc, and HNI Corporation
    Customization Scope 20% Free Customization
    Post-Sale Analyst Support 1 Year (52 Weeks)
    Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request)

    1.    Introduction

    2.    Research & Methodology

    3.    Executive Summary

    4.    Market Dynamics

    4.1    Growth Drivers
    4.2    Challenges


    5.    United States Home Décor Market

    6.    Market Share – United States Home Décor Analysis

    6.1    By Product

    6.1.1    By Furniture
    6.1.2    By Floor Covering
    6.1.3    By Home Textile

    6.2    By Distribution Channel
    6.3    Income Groups


    7.    Products – United States Home Décor Market

    7.1    Furniture

    7.1.1    Beads
    7.1.2    Tables & Desks
    7.1.3    Sofa & Couch
    7.1.4    Chairs & Stools
    7.1.5    Cabinets & Shelves
    7.1.6    Others

    7.2    Floor Covering

    7.2.1    Carpet and Area Rugs
    7.2.2    Wood Flooring
    7.2.3    Others

    7.3    Home Textiles

    7.3.1    Bedroom linen
    7.3.2    Bathroom linen
    7.3.3    Carpets & Floor Coverings
    7.3.4    Others

    7.4    Others


    8.    Distribution Channel – United States Home Décor Market

    8.1    Supermarkets & Hypermarkets
    8.2    Specialty Stores
    8.3    E-Commerce
    8.4    Others


    9.    Income – United States Home Décor Market

    9.1    Higher Income
    9.2    Upper-middle Income
    9.3    Lower-middle Income


    10.    Porter's Five Forces Analysis – United States Home Décor Market

    10.1    Bargaining Power of Buyers
    10.2    Bargaining Power of Suppliers
    10.3    Degree of Competition
    10.4    Threat of New Entrants
    10.5    Threat of Substitutes


    11.    SWOT Analysis – United States Home Décor Market

    11.1    Strength
    11.2    Weakness
    11.3    Opportunity
    11.4    Threats


    12.    Key Players Analysis

    12.1    Inter IKEA Systems B.V.

    12.1.1    Overview
    12.1.2    Recent Development
    12.1.3    Revenue

    12.2    Herman Miller Inc.

    12.2.1    Overview
    12.2.2    Recent Development
    12.2.3    Revenue

    12.3    Mohawk Industries Inc.

    12.3.1    Overview
    12.3.2    Recent Development
    12.3.3    Revenue

    12.4    Williams-Sonoma, Inc.

    12.4.1    Overview
    12.4.2    Recent Development
    12.4.3    Revenue

    12.5    Kimball International, Inc.

    12.5.1    Overview
    12.5.2    Recent Development
    12.5.3    Revenue

    12.6    HNI Corporation

    12.6.1    Overview
    12.6.2    Recent Development
    12.6.3    Revenue


    List of Figures:

    Figure-01:    United States – Home Décor Market (Billion US$), 2019 – 2023
    Figure-02:    United States – Forecast for Home Décor Market (Billion US$), 2024 – 2030
    Figure-03:    Furniture – Beads Market (Million US$), 2019 – 2023
    Figure-04:    Furniture – Forecast for Beads Market (Million US$), 2024 – 2030
    Figure-05:    Furniture – Tables & Desks Market (Million US$), 2019 – 2023
    Figure-06:    Furniture – Forecast for Tables & Desks Market (Million US$), 2024 – 2030
    Figure-07:    Furniture – Sofa & Couch Market (Million US$), 2019 – 2023
    Figure-08:    Furniture – Forecast for Sofa & Couch Market (Million US$), 2024 – 2030
    Figure-09:    Furniture – Chairs & Stools Market (Million US$), 2019 – 2023
    Figure-10:    Furniture – Forecast for Chairs & Stools Market (Million US$), 2024 – 2030
    Figure-11:    Furniture – Cabinets & Shelves Market (Million US$), 2019 – 2023
    Figure-12:    Furniture – Forecast for Cabinets & Shelves Market (Million US$), 2024 – 2030
    Figure-13:    Furniture – Others Market (Million US$), 2019 – 2023
    Figure-14:    Furniture – Forecast for Others Market (Million US$), 2024 – 2030
    Figure-15:    Floor Covering – Carpet and Area Rugs Market (Million US$), 2019 – 2023
    Figure-16:    Floor Covering – Forecast for Carpet and Area Rugs Market (Million US$), 2024 – 2030
    Figure-17:    Floor Covering – Wood Flooring Market (Million US$), 2019 – 2023
    Figure-18:    Floor Covering – Forecast for Wood Flooring Market (Million US$), 2024 – 2030
    Figure-19:    Floor Covering – Others Market (Million US$), 2019 – 2023
    Figure-20:    Floor Covering – Forecast for Others Market (Million US$), 2024 – 2030
    Figure-21:    Home Textiles – Bedroom linen Market (Million US$), 2019 – 2023
    Figure-22:    Home Textiles – Forecast for Bedroom linen Market (Million US$), 2024 – 2030
    Figure-23:    Home Textiles – Bathroom linen Market (Million US$), 2019 – 2023
    Figure-24:    Home Textiles – Forecast for Bathroom linen Market (Million US$), 2024 – 2030
    Figure-25:    Home Textiles – Carpets & Floor Coverings Market (Million US$), 2019 – 2023
    Figure-26:    Home Textiles – Forecast for Carpets & Floor Coverings Market (Million US$), 2024 – 2030
    Figure-27:    Home Textiles – Others Market (Million US$), 2019 – 2023
    Figure-28:    Home Textiles – Forecast for Others Market (Million US$), 2024 – 2030
    Figure-29:    Product – Others Market (Million US$), 2019 – 2023
    Figure-30:    Product – Forecast for Others Market (Million US$), 2024 – 2030
    Figure-31:    Distribution Channel – Supermarkets & Hypermarkets Market (Million US$), 2019 – 2023
    Figure-32:    Distribution Channel – Forecast for Supermarkets & Hypermarkets Market (Million US$), 2024 – 2030
    Figure-33:    Distribution Channel – Specialty Stores Market (Million US$), 2019 – 2023
    Figure-34:    Distribution Channel – Forecast for Specialty Stores Market (Million US$), 2024 – 2030
    Figure-35:    Distribution Channel – E-Commerce Market (Million US$), 2019 – 2023
    Figure-36:    Distribution Channel – Forecast for E-Commerce Market (Million US$), 2024 – 2030
    Figure-37:    Distribution Channel – Others Market (Million US$), 2019 – 2023
    Figure-38:    Distribution Channel – Forecast for Others Market (Million US$), 2024 – 2030
    Figure-39:    Income – Higher Income Market (Million US$), 2019 – 2023
    Figure-40:    Income – Forecast for Higher Income Market (Million US$), 2024 – 2030
    Figure-41:    Income – Upper-middle Income Market (Million US$), 2019 – 2023
    Figure-42:    Income – Forecast for Upper-middle Income Market (Million US$), 2024 – 2030
    Figure-43:    Income – Lower-middle Income Market (Million US$), 2019 – 2023
    Figure-44:    Income – Forecast for Lower-middle Income Market (Million US$), 2024 – 2030
    Figure-45:    Inter IKEA Systems B.V. – Global Revenue Market (Million US$), 2019 – 2023
    Figure-46:    Inter IKEA Systems B.V. – Forecast for Global Revenue Market (Million US$), 2024 – 2030
    Figure-47:    Herman Miller Inc. – Global Revenue (Million US$), 2019 – 2023
    Figure-48:    Herman Miller Inc. – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-49:    Mohawk Industries Inc. – Global Revenue (Million US$), 2019 – 2023
    Figure-50:    Mohawk Industries Inc. – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-51:    Williams-Sonoma, Inc. – Global Revenue (Million US$), 2019 – 2023
    Figure-52:    Williams-Sonoma, Inc. – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-53:    Kimball International, Inc. – Global Revenue (Million US$), 2019 – 2023
    Figure-54:    Kimball International, Inc. – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-55:    HNI Corporation – Global Revenue (Million US$), 2019 – 2023
    Figure-56:    HNI Corporation – Forecast for Global Revenue (Million US$), 2024 – 2030


    List of Tables:

    Table-01:    United States – Home Décor Market Share by Furniture (Percent), 2019 – 2023
    Table-02:    United States – Forecast for Home Décor Market Share by Furniture (Percent), 2024 – 2030
    Table-03:    United States – Home Décor Market Share by Floor Covering (Percent), 2019 – 2023
    Table-04:    United States – Forecast for Home Décor Market Share by Floor Covering (Percent), 2024 – 2030
    Table-05:    United States – Home Décor Market Share by Home Textile (Percent), 2019 – 2023
    Table-06:    United States – Forecast for Home Décor Market Share by Home Textile (Percent), 2024 – 2030
    Table-07:    United States – Home Décor Market Share by Distribution Channel (Percent), 2019 – 2023
    Table-08:    United States – Forecast for Home Décor Market Share by Distribution Channel (Percent), 2024 – 2030
    Table-09:    United States – Home Décor Market Share by Income Group (Percent), 2019 – 2023
    Table-10:    United States – Forecast for Home Décor Market Share by Income Group (Percent), 2024 – 2030

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