The United States Home Decor Market Analysis Report is Segmented by Product (Home Furniture, Home Textile, Flooring, Wall Decor, Lighting and Lamps, Accessories, and Other Home Decor Products) and Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online, and Other Distribution Channels). The Report Offers Industry Statistics On Market Size and Forecasts for the US Home Decor Market in Value (USD) for all the Above-Mentioned Segments.

The value of the home décor market in the United States was forecast to reach 202 billion U.S. dollars in 2024, a 20 percent increase from 2019 value, which stood at 169 billion U.S. dollars. IKEA, Wayfair, and Bed Bath & Beyond are among the leaders in the home décor and furnishing industry in the United States.

The global home decor market size reached USD 779.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1,104.0 Billion by 2033, exhibiting a growth rate (CAGR) of 3.9% during 2025-2033. The market is experiencing stable growth driven by the increasing focus on health and wellness, rising preferences for personalized and aesthetically pleasing interior designs, and integration of smart technology in decor products to provide enhanced experiences to individuals.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 779.8 Billion
Market Forecast in 2033	USD 1,104.0 Billion
Market Growth Rate 2025-2033	3.9%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2025-2033. Our report has categorized the market based on product type and distribution channel.

The home decor market valuation is US$ 216,291.4 million in 2023 and is predicted to reach US$ 394,715.7 million by 2033. The global market is expected to expand at a CAGR of 6.2% over the forecast period.

Attributes	Details
Estimated Home Decor Market Size (2023)	US$ 216,219.4 million
Projected Home Decor Market Size (2033)	US$ 394,715.7 million
Value-based CAGR from 2023 to 2033	6.2%

Historical Sales Analysis vs. Demand Outlook in the Home Decor Market

Historical Market Size (2022)	US$ 202,900 million

Country-wise Insights

Country	United States
Market Share (2023	26.4%

Country	Canada
Market Share (2023	4.3%

Country	Germany
Market Share (2023	4.6%

Country	United Kingdom
Market Share (2023	2.5%

Country	France
Market Share (2023	2.3%

Country	Italy
Market Share (2023	2.8%

Country	Spain
Market Share (2023	2.8%

Country	China
Market Share (2023	4.0%

Country	India
Market Share (2023	2.8%

Country	Japan
Market Share (2023	6.4%

Country	Australia
Market Share (2023	1.6%

Country	Singapore
Market Share (2023	1.4%

Category-wise Insights

Top Product Type	Home Furniture
Share	22.5%

Top Distribution Channel	Direct-to-consumer
Share	15.2%

Explore the Home Decor Market trends! Covers key players, growth rate 4.4% CAGR, market size $777.81 Billion, and forecasts to 2034. Get insights now!

Home Decor Market size is expected to be worth around USD 991.9 Billion by 2033, from USD 696.4 Billion in 2023, growing at a CAGR of 3.6%

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Home Decor Market Size 2025-2029

The home decor market size is forecast to increase by USD 470.5 million at a CAGR of 9.5% between 2024 and 2029.

The market is experiencing significant growth, driven by rising disposable income among consumers in North America. This trend is leading to increased demand for various home decor items such as furniture, flooring, lighting, glass, rubber, and textiles made of cotton, plastic, and polyurethane foam. Eco-friendly home decor is also gaining popularity, with consumers showing a preference for handicrafts and sustainable materials. However, the market faces challenges such as volatile raw material prices and transportation costs.
Online furniture and home decor sales are surging, with consumers turning to e-commerce platforms for convenience and access to a wider range of products. Smart home technology, including LED lighting and smartphones, is also influencing home decor trends, with consumers seeking to integrate technology into their living spaces. Construction and real estate industries are also major consumers of home decor items, driving demand for cabinets, containers, and other home decor solutions. Overall, the market is dynamic and evolving, with trends and challenges shaping its growth trajectory.

What will be the Size of the Home Decor Market During the Forecast Period?

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The market encompasses a wide range of products including furniture, textiles, and floor coverings. This market experiences consistent growth driven by rising living standards and increasing consumer interest in improving the aesthetics and functionality of their home possessions. Skilled labor and infrastructure facilities are essential for manufacturing and producing these items, while transportation plays a crucial role in their distribution. Physical retail stores remain a significant channel for sales, offering customers the ability to touch and feel products before purchasing. However, the rise of online retail outlets has disrupted traditional sales models, providing consumers with greater convenience and access to a wider selection of items.
Disposable incomes continue to influence consumer spending, with many prioritizing lifestyle improvement through home decor. Consumer preferences for eco-friendly and sustainable items have gained traction, leading to an increased demand for environmentally friendly raw materials such as timber flooring. Additionally, housing starts and new construction projects contribute to market growth. Customer service and personalized offerings are key differentiators for retailers, ensuring a positive shopping experience and repeat business. Overall, the market is a dynamic and evolving industry, driven by consumer lifestyle trends and a growing focus on home improvement.

How is the Home Decor Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Furniture
  Floor coverings
  Others


Distribution Channel

  Offline
  Online


Price

  Mass
  Premium


Application

  Indoor
  Outdoor


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK
    France


  South America



  Middle East and Africa

By Product Insights

The furniture segment is estimated to witness significant growth during the forecast period. The markets continue to expand as consumers prioritize improving their living standards and expressing personal style through furniture and textiles. This sector encompasses various products, including furniture, bath textiles, bedroom textiles, carpets and rugs, dining textiles, and decorative items. Middle- and high-income demographics, particularly the Generation X population, are increasingly drawn to high-quality, long-lasting materials like wood, leather, and glass for their homes. Additionally, eco-friendly items made from raw materials such as pinewood, vinyl & rubber, and textiles are gaining popularity.
Multi-purpose furniture, modular wardrobes, and compact solutions cater to small spaces and urban lifestyles. Convenience and customer service are essential factors driving sales, with consumers favoring easy access to products through online retail outlets and physical stores. The infrastructure facilities for housing starts and transportation enable the availability of these products. Changing consumer preferences and lifestyles influence new launches and trends, with social media platforms and home decor magazines serving as key sources of inspiration.

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The Furniture segment was valued at USD 362.90 mil

The Report Covers UK Home Decor Market Share Analysis & Industry Overview and it is Segmented by Product (Home Furniture, Home Textile, Flooring, Wall Decor, Tableware and Cookware, Lighting and Lamps, Sanitaryware, Home Accessories, and Other Products) and by Distribution Channel (Supermarkets and Hypermarkets, Home Decor Stores, Gift Shops, Direct to Consumer, Online, and Other Distribution Channels). The report offers market size and forecast values for the United Kingdom Home Decor Market in USD billion for the above segments.

Home Decor Market size was valued at USD 653.23 Billion in 2024 and is projected to reach USD 827.49 Billion by 2031, growing at a CAGR of 3.00% from 2024 to 2031.

Global Home Decor Market Drivers

Economic growth and consumer spending: Economic growth and higher disposable incomes both contribute considerably to increase spending on home design. As consumers’ financial situations improve, they are increasingly inclined to invest in attractive and useful design products to enhance their living spaces.
Altering Consumer Lifestyles and Preferences: Home décor trends are influenced by changing lifestyles, demographics, and preferences. Millennials and Generation Z, for example, appreciate simple designs, sustainable materials, and versatile furniture, all of which promote market innovation and diversity.
Urbanization and housing trends: Urbanization reduces living areas and increases the need for space-saving and flexible furniture solutions. Urban people frequently seek elegant and small decor pieces that enhance their living space without sacrificing design.
Interior Design and Home Improvement Shows: Media coverage, including interior design. TV shows, social media sites (such as Instagram and Pinterest), and online home design blogs provide consumers with the most recent trends and ideas. These platforms impact shopping decisions and increase demand for specific styles and products.

The India home decor market is valued at USD 400 million driven by the rapid urbanization of Tier-I and Tier-II cities, a rising middle-class population with increased disposable income, and the growing influence of global design trends.

United States Home Décor Market size was valued at USD 350.6 Billion in 2024 and is projected to reach USD 1507.7 Billion by 2031, growing at a CAGR of 20% from 2024 to 2031.

Key Market Drivers:
Growing Real Estate Market and Home Ownership: The robust real estate market and increasing homeownership rates in the United States are driving the demand for home décor products. According to the U.S. Census Bureau, the homeownership rate in the United States was 65.9% in the fourth quarter of 2022, representing a significant portion of the population investing in their living spaces. Additionally, the National Association of Realtors reported that existing-home sales reached 5.03 million in 2022, indicating a strong market for home purchases and, consequently, home décor.
Rise of Remote Work and Home Office Setups: The shift towards remote work, accelerated by the COVID-19 pandemic, has led to increased investment in home office décor and furnishings. The U.S. Bureau of Labor Statistics reported that 27.6% of employed persons teleworked because of the coronavirus pandemic in 2021. This trend has continued, with Gallup reporting that as of June 2022, 56% of full-time employees in the U.S. (more than 70 million workers) had the opportunity to work remotely at least part of the time, driving demand for home office décor and functional yet aesthetically pleasing living spaces.
Increasing Focus on Sustainability and Eco-Friendly Décor: Growing environmental consciousness among consumers is driving the demand for sustainable and eco-friendly home décor products. According to a survey by the National Retail Federation and IBM, nearly 70% of U.S. consumers say it’s important that brands are sustainable or eco-friendly. This trend is reflected in the home décor market, with the U.S. Green Building Council reporting that LEED-certified homes have grown by 19% since 2017, indicating a strong consumer preference for environmentally responsible living spaces and décor choices.

In 2025, the total revenue of the home décor market in the United States was estimated to amount to around 37.13 billion U.S. dollars, up from the previous year. By 2029, this value was forecast to increase up to over 45 billion U.S. dollars.

Saudi Arabia home decor market size reached USD 7,237.3 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 9,842.4 Million by 2033, exhibiting a growth rate (CAGR) of 3.5% during 2025-2033. The growing focus of individuals on creating aesthetically pleasing and harmonious living spaces that cater to diverse tastes and design sensibilities is primarily driving the market growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 7,237.3 Million
Market Forecast in 2033	USD 9,842.4 Million
Market Growth Rate 2025-2033	3.5%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product type and distribution channel.

US Home Furnishing Market was valued at USD 392 billion in 2024 and is projected to reach USD 649 billion by 2031, growing at a CAGR of 6.5% during the forecast period 2024-2031

US Home Furnishing Market Drivers

Robust Housing Market: The demand for home furnishings is greatly impacted by the state of the housing market, which includes new home construction, existing home sales, and remodelling activities. A healthy real estate market encourages furniture and décor purchases.

Changing Consumer Lifestyles: Trends in home furnishings are influenced by changes in consumer choices, lifestyles, and demography. Modern, functional, and adjustable furniture is in high demand due to factors including family arrangements changing, urbanisation, and millennial homebuyers.

E-commerce Growth: More consumers now have access to a greater selection of home furnishings thanks to the growth of e-commerce platforms and online furniture merchants. Online furniture sales are fueled by convenience, affordable prices, and alternatives for home delivery.

Renovation and Remodelling of Homes: The need for new furniture, flooring, lighting, and décor items to modernise and improve living spaces is driven by homeowners who undertake renovation projects and interior remodelling.

Growing Interest in Interior Design and Home Decor: Social media sites like Pinterest and Instagram are contributing to the growing interest in interior design and home decor, which in turn is encouraging customers to spend money on fashionable and customised furniture for their homes.

The home decor market is segmented into various product categories, including furniture, lighting, textiles, wall art, and home accents. Furniture accounted for the largest market share in 2022, followed by lighting and textiles. The furniture segment is expected to continue to dominate the market during the forecast period, driven by the increasing demand for stylish, comfortable, and multifunctional furniture. Recent developments include: March 2023: Wayfair joined hands with various home-décor brands to offer a wider range of products on its platform, including décor and luxury furniture., June 2023: Overstock purchased Bed Bath & Beyond for $ 21.5 million, and the firm announced that Overstock would rebrand itself as Bed Bath & Beyond. As of right now, users visiting Overstock.com are sent to bedbathandbeyond.com., June 2022: Home Depot said in a news release that it has added furniture for kids to its online inventory of décor items. The brand, appropriately named StyleWell Kids, debuted exclusively on the Home Depot online on June 2 and provides 'on-trend home décor' for the younger demographic.. Notable trends are: Growing influence of social media is driving the market growth.

In 2020, the size of online home décor market was about two billion U.S. dollars in the direct-to-consumer (D2C) sector in India. The size of D2C online home décor market is likely to increase to 5.4 billion U.S. dollars in the year 2025.

The Home Furnishing Market in Germany is Segmented by Type (Kitchen Furniture, Living-room, and Dining-room Furniture, Bedroom Furniture, and Other Furniture) and Distribution Channel (Supermarkets and hypermarkets, Specialty Stores, Online, and Others).

The global textile home decor market size was valued at USD 89.20 billion in 2025 and is projected to reach USD 129.63 billion by 2033, exhibiting a CAGR of 4.13% during the forecast period. The growth of the market is attributed to factors such as increasing disposable income, urbanization, and a growing preference for comfortable and stylish living spaces. Additionally, the rise of e-commerce platforms and online shopping has made it easier for consumers to access a wider variety of home decor products. The textile home decor market is segmented based on product type, distribution channel, and region. The product type segment includes bed linen & bedspread, floor coverings, kitchen & dining linen, bath/toilet linen, upholstery, and other product types. The distribution channel segment comprises supermarkets/hypermarkets, specialty stores, online retail stores, and other distribution channels. Geographically, the market is analyzed across North America, Europe, Asia Pacific, South America, and the Middle East and Africa. North America holds the largest share of the market, followed by Europe and Asia Pacific. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, owing to the increasing urbanization and rising disposable income in countries such as China, India, and Indonesia. Recent developments include: June 2022: The largest IKEA retailer, Ingka Group, opened the first IKEA store in India's southern state of Karnataka. The newest Ikea store in Bengaluru is located in Nagasandra and will measure approximately 42,000 square meters. It will provide over 7,000 products representing local home furnishing requirements, including textile home decor products., November 2021: Kroger and Bed Bath & Beyond partnered to develop a new e-commerce marketplace. The multi-category collaboration expands both firms' reach by offering items from Bed Bath & Beyond and its Buybuy Baby chain on Kroger's Ship marketplace, such as bedding, storage, and baby furniture. Bed Bath & Beyond store brands such as Nestwell, Haven, Simply Essential, Our Table, Wild Sage, Squared Away, Studio 3B, and H for Happy, as well as national brands, will be available to Kroger shoppers., June 2021: Kimball International Inc., with headquarters in Jasper, announced its plans to grow its warehousing operations. The company that makes commercial furniture announced that it wants to build a 220,000-square-foot warehouse at its industrial complex in Dubois County.. Key drivers for this market are: Rise in E-commerce is Driving the Market, Rise in Construction and Real Estate Sector Drives the Furniture Market. Potential restraints include: Economic Fluctuations, High Competition in the Furniture Market. Notable trends are: Rising Consumption Expenditure On Household Textiles.

The United States home decor market size reached approximately USD 180.62 billion in 2024. The market is assessed to grow at a CAGR of 4.6% between 2025 and 2034 to attain a value of around USD 273.85 billion by 2034.

According to Cognitive Market Research, with a projected value of Homeware Market size USD 1415251.2 million in 2024 and expected to increase at a compound annual growth rate (CAGR) of 5.00% between 2024 and 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 566100.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 424575.36 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 325507.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 70762.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 28305.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Homeware stores have a significant portion of the market. Homeware stores have expanded to accommodate the diverse needs of clients as a result of the growing demand for furniture and other décor items.

Market Dynamics of Homeware Market

Key Drivers of Homeware Market

Rise in Number of Tenants and Growing demand for Fully Furnished Houses Globally

The homewares market is expected to do well in the near future due to an increase in renters, mainly young families and couples searching for affordable home décor products, and a growth in the number of millennial renters. This generation of renters is influenced by emerging trends in home design. A few of the elements anticipated to propel the global homewares market are the rising demand for high-end home goods and the expanding need for stylish furnishings through decor-based rental services. Sales in the sector are also anticipated to be boosted by major businesses' growing expenditures in cutting-edge technologies and their emphasis on providing a simple online shopping experience. In a similar vein, the advertising and promotional tactics of major companies support the expansion of the e-commerce furniture and homeware sector.

Rising Modernization in the Products Offered to Propel Market Growth

The homeware market will see new opportunities brought about by an increase in R&D activity and the modernization of products supplied in the market. Moreover, increased government spending on infrastructure development will assist in sustaining consumer demand. Rising disposable income in many places has led to a rise in consumer spending on furnishings and décor for homes. Customers are more willing to spend money on high-quality home products to enhance their living spaces. Homeware items that prioritize comfort, convenience, and beauty are highly sought after as a result of changing consumer lifestyles that emphasize remote work and home entertainment. Thanks to the expansion of e-commerce platforms, a wide range of homeware products are now more easily accessible. People are spending more time at home, which has increased interest in home improvement initiatives, especially in light of recent occurrences. Customers are investing money on home furnishings to improve the visual appeal and usability of their houses. Home goods that are ecologically friendly and sustainable are growing in popularity. More and more consumers are searching for products made from recycled materials or with eco-friendly certifications.

Restraint Factors Of Homeware Market

Rising Prices for Raw Materials

The main factors that will hinder market growth are growing buyer and supplier bargaining power, growing threat of new competitors, growing threat of substitutes, and growing threat of rivalry. During the forecast period, growing availability of direct substitutes and reusable plastic bags will also pose a threat to the homeware market's growth. Economic ups and downs might affect consumer spending on non-essential items like home furnishings. When the economy is struggling, consumers might spend less on luxuries. Events such as natural disasters, geopolitical turmoil, or other calamities can delay the production and delivery of household goods, affecting their availability...