GITNUX MARKETDATA REPORT 2024

Must-Know Home Decor Industry Statistics [Current Data]

Statistic 1

"The global home decor market size is expected to reach USD 792.6 billion by 2028."

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Statistic 2

"The home decor market is expected to grow at a CAGR of 3.9% from 2021 to 2028."

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Statistic 3

"The online sales channel segment for home decor is projected to reach a CAGR of 4.6% from 2021 to 2028."

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Statistic 4

"The worldwide lighting segment in home decor is anticipated to reach a market size of USD 130.1 billion by 2028."

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Statistic 5

"In 2020, the textile home decor segment had a market share of 30.9%."

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Statistic 6

"The floor covering segment in home decor is expected to have a CAGR of 3.8% from 2021 to 2028."

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Statistic 7

"The Asia-Pacific home decor market is predicted to have the highest CAGR of 4.4% from 2021 to 2028."

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Statistic 8

"The North American home decor market is forecasted to reach a value of USD 125 billion by 2028."

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Statistic 9

"In 2020, the Europe home decor market held a share of 32.4%."

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Statistic 10

"The U.S. home decor market is expected to reach a value of USD 224 billion by 2023."

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Statistic 11

"The UK Home Decor Market was worth USD 9.91 billion in 2019."

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Statistic 12

"In 2019, global home textiles imports were worth over USD 80 billion."

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Statistic 13

"The US luxury home furnishings market is predicted to grow at a CAGR of 4.8% through 2024."

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Statistic 14

"Millennials make up 37% of all households buying home furnishings and decor."

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Statistic 15

"The global wallpaper market size was valued at USD 29.15 billion in 2018 and is projected to grow at a CAGR of 4.2% from 2019 to 2025."

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Statistic 16

"The largest home decor market category in the US is the indoor furniture segment, generating sales of USD 113.5 billion in 2017."

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Statistic 17

"In the US, interior design services generated a revenue of USD 10.5 billion in 2019."

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Statistic 18

"By 2025, the international furniture and home furnishings e-commerce market will reach USD 294 billion, with China being the biggest contributor."

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Statistic 19

"In 2020, the furniture and home furnishings store sales in the United States amounted to approximately USD 136.47 billion."

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