The Europe Home Decor Market would witness market growth of 4% CAGR during the forecast period (2019 - 2025). Home decoration refers to the arts and science of making an interior space more attractive and functionally useful for its inhabitants. It is a popular hobby for many people because you don't need a degree to take pride in decorating your interior. Anyone who has ever decorated home has taken part in interior design. To decorate a house beautifully, the mere requirement is to have a better sense and planning. One factor responsible for the rapid increase in the home decor market is the expansion of the real estate industry. In addition, due to factors such as globalization, new kinds of designs and a variety of items for home decoration are available to people easily and this is encouraging the growth of this market.
To give a further fillip to the home decor market, the online retail industry is skyrocketing. Due to the emergence of online retail, furniture and other items used for home decor are available at a discounted price and have become more affordable. Hence, a large number of people are accessing these online retail outlets to decorate their homes. Other factors that are encouraging the growth of this market are the rise in the disposable incomes and improving lifestyle of people.
Based on Product, the market is segmented into Furniture, Home Textile, and Floor Covering Market. Based on Category, the Furniture market is segmented into Kitchen, Living and Bedroom, Bathroom, Outdoor and Lighting; the Home Textile market is segmented into Rug, Bath Textiles, Bed Textiles, Kitchen & Dining Textiles and Living Room Textiles; the Floor Covering market is segmented into Tiles, Woods & Laminate, Vinyl & Rubber, Carpet & Rugs and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Forbo Holding AG, Armstrong World Industries Inc., Mannington Mills, Inc., Mohawk Industries Inc., Berkshire Hathaway Inc., Herman Miller Inc., Ashley Furniture Industries Ltd. and Kimball International Inc.
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