$ 82.32 billion growth in global online home decor market 2020-2024 | Growth in construction industry to lead market

Impact of COVID-19
The COVID-19 pandemic continues to alter the growth of various industries, however, the direct impact of the revolution is mixed. While some businesses report a decline in demand, many others will remain unscathed and show promising growth opportunities. COVID-19 will have a small impact on the online home decor market.

Frequently Asked Questions:

  • Based on separation by Commodities, what is the main market segment?
    Based on the result, the online home furniture segment led the market in 2019.
  • What are the key market trends?
    Increasing consumer experience through technological advances is the key market trend.
  • At what rate is the market expected to grow?
    The market is expected to grow at a CAGR of nearly 13% in the forecast period.
  • Who are the key players in the market?
    Bed Bath & Beyond Inc., Chairish Inc., Coyuchi Inc., Herman Miller Inc., Home24 SE, Inter IKEA Holding BV, Lowe Companies Inc., Pier 1 Imports Inc., Trendsutra Platform Services Pvt. Limited, and Urban Ladder Home Décor Solutions Pvt. Limited the major players in the market.
  • What are the key market drivers and challenges?
    The market is driven by the growth of the commercial construction industry. However, a sharp shift in raw material and transport prices could challenge growth.
  • How big is the European market?
    Europe market control with a 42% share in 2019.

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The market is fragmented, and the rate of breakdown will accelerate in the expected period. Bed Bath & Beyond Inc., Chairish Inc., Coyuchi Inc., Herman Miller Inc., Home24 SE, Inter IKEA Holding BV, Lowe Companies Inc., Pier 1 Imports Inc., Trendsutra Platform Services Pvt. Limited, and Urban Ladder Home Décor Solutions Pvt. Limited are some of the major market participants. While the growth of the commercial construction industry will present huge growth opportunities, high volatility in raw material prices and transportation is likely to be a challenge for market sellers. In an effort to help players strengthen their market, this online home decor market forecast report provides an analysis of the major market sellers. The report also empowers business honchos with information about the competitive landscape and insights into the various product offerings offered by different companies.

Technavio’s routine research reports offer detailed insights into the impact of COVID-19 at the industry, regional, and subsequent supply chain operations. This routine report will help futures keep up with new product launches in COVID-19 direct & indirect related markets, upcoming vaccines and pipeline analysis, and major improvements in vendor operations and regulations. government.

Online Home Decor Market 2020-2024: Segmentation

Online Home Decoration Market is segmented as below:

  • Goods
    • Online home furniture
    • Online home furniture
    • Other online home decorating products
  • Geography
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends affecting future market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40201

Online home decor market 2020-2024: Scope

Technavio provides a detailed picture of the market with the method of analysis, synthesis, and data collection from multiple sources. The online home decorating market report covers the following areas:

  • Online home decor market size
  • Online home decorating market trends
  • Online home market business analysis

This study identifies an increase in consumer experience through technological advances as one of the key drivers driving the growth of the Online Home Decor Market in the next few years.

Online home decor market 2020-2024: Key highlights

  • CAGR of the market in the projected period 2020-2024
  • Details of factors that will help the growth of the online home decorating market in the next five years
  • Measure the size of the online home decorating market and its contribution to the parent market
  • Predict future trends and changes in consumer behavior
  • The growth of the online home decor market is overwhelming
  • Analysis of the competitive market landscape and detailed information on vendors
  • Complete details of factors that challenge the growth of online home decor market sellers

Contents:

PART 01: SUMMARY

PART 02: SCOPE OF REPORT

  • 2.1 Introduction
  • 2.2 Currency Conversion Rates for US $

PART 03: MARKET LAND

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
  • Value chain analysis

PART 04: INCLUDING

  • Market definition
  • Market size
  • Market expansion 2019
  • Market view
  • Market size and outlook 2019-2024

PART 05: FIVE ANALYSIS

  • Buyers’ bargaining power
  • Power of supplier bargaining
  • Danger of new entrants
  • Agent risk
  • Conflict risk
  • Market conditions

PART 06: MARKET ROOM WITH PRODUCT

  • Market differentiation by product
  • Comparison by result
  • Home Furniture Online – Market Size and Outlook 2019-2024
  • Home Furniture Online – Market Size and Outlook 2019-2024
  • Other online home decor products – Market size and outlook 2019-2024
  • Market opportunity by product

PART 07: CUSTOMER LAND

PART 08: LAND OF PEOPLE

  • Geographical separation
  • Geographical comparison
  • Europe – Market size and outlook 2019-2024
  • North America – Market size and outlook 2019-2024
  • APAC – Market size and outlook 2019-2024
  • South America – Market size and outlook 2019-2024
  • MEA – Market size and outlook 2019-2024
  • Key advanced countries
  • Market opportunity

PART 09: FRAMEWORK DECISION

PART 10: COUNTRY AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET RESULTS

  • Growing demand for environmentally friendly home decor products
  • Increase user experience through technologies
  • Increased demand for contract furniture

PART 12: VENDOR LAND

  • Overview
  • Landscape breaking
  • Competitive position

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Vendor market position
  • Bath & Beyond Inc.
  • Chairman Inc.
  • Coyuchi Inc.
  • Herman Miller, Inc.
  • Home24 SE
  • Between IKEA holding BV
  • Lowe Companies Inc.
  • Pier 1 Imports Inc.
  • Trendsutra Platform Services Pvt. Limited.
  • Décor Urban Ladder Home Solutions Pvt. Limited.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • An explanation of the retailer’s market situation

PART 15: TEICNEVIO EXPLORE

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