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Online Home Decor Market by Product and Geography - Forecast and Analysis 2020-2024 - Product Image

Online Home Decor Market by Product and Geography - Forecast and Analysis 2020-2024

  • ID: 4876556
  • Report
  • November 2019
  • Region: Global
  • 144 pages
  • TechNavio
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FEATURED COMPANIES

  • Bed Bath & Beyond Inc.
  • Chairish Inc.
  • Coyuchi Inc.
  • Herman Miller Inc.
  • Home24 SE
  • Inter IKEA Holding B.V.
  • MORE
Global Online Home Decor Market: About this market
The online home décor market analysis considers sales from online home furniture, online home furnishings, and other online home decorative products. Our study also finds the sales of online home décor in APAC, Europe, MEA, North America, and South America. In 2019, the online home furniture segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rising internet penetration rates and growing smartphone adoption will play a significant role in the online home furniture segment to maintain its market position. Also, our global online home décor market report looks at factors such as increasing residential construction, increase in demand for multifunctional furniture, rising popularity of blogs related to interior designing, and benefits of buying home decor products online. However, strict competition from offline channel, long product replacement cycle resulting in infrequent purchases, and high volatility in raw material prices and transportation costs may hamper the growth of the online home décor industry over the forecast period.

Global Online Home Decor Market: Overview

Increasing residential construction
Developed countries such as the US and Canada are making significant investments in infrastructural development, which has increased the number of new residential construction projects in these countries. In addition, the growing number of renovation and modification projects and the rising focus on the development of infrastructure and real estate in developing countries such as China and India have increased the demand for furniture and furnishings. Also, factors such as the growth of e-commerce resulting from the increase in internet penetration and growth of the organized retail sector are encouraging the tech-savvy population to order home furnishing items online. This increasing residential construction will lead to the expansion of the global online home décor market at a CAGR of almost 13% during the forecast period.

Enhancement of consumer experience through technologies
Vendors are integrating the latest technologies such as AR and VR to help customers choose the best home décor products for their homes. For instance, some vendors are introducing apps that let customers enter the dimensions of their rooms and virtually experience the space equipped with home décor and furnishing products. Hereafter, customers can order the items online with the help of mobile applications. This development is expected to have a positive impact on the overall market growth.

Competitive Landscape
With the presence of several major players, the global online home décor market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online home décor manufacturers, that include Bed Bath & Beyond Inc., Chairish Inc., Coyuchi Inc., Herman Miller Inc., Home24 SE, Inter IKEA Holding B.V.,Lowe's Companies Inc., Pier 1 Imports Inc., Trendsutra Platform Services Pvt. Ltd., and Urban Ladder Home Décor Solutions Pvt. Ltd.

Also, the online home décor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bed Bath & Beyond Inc.
  • Chairish Inc.
  • Coyuchi Inc.
  • Herman Miller Inc.
  • Home24 SE
  • Inter IKEA Holding B.V.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
  • Value chain analysis
PART 04: MARKET SIZING
  • Market definition
  • Market size
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Online home furniture - Market size and forecast 2019-2024
  • Online home furnishings - Market size and forecast 2019-2024
  • Other online home decorative products - Market size and forecast 2019-2024
  • Market opportunity by product
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Growing demand for eco-friendly home decor items
  • Enhancement of consumer experience through technologies
  • Increasing demand for contractual furniture
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bed Bath & Beyond Inc.
  • Chairish Inc.
  • Coyuchi Inc.
  • Herman Miller Inc.
  • Home24 SE
  • Inter IKEA Holding B.V.
  • Lowe's Companies Inc.
  • Pier 1 Imports Inc.
  • Trendsutra Platform Services Pvt. Ltd.
  • Urban Ladder Home Décor Solutions Pvt. Ltd.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits
Exhibit 01: Global home furnishings market
Exhibit 02: Segments of global home furnishings market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Vendors: Key offerings
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 ($ billions)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Product - Market share 2019-2024 (%)
Exhibit 19: Comparison by product
Exhibit 20: Online home furniture - Market size and forecast 2019-2024 ($ billions)
Exhibit 21: Online home furniture - Year-over-year growth 2020-2024 (%)
Exhibit 22: Online home furnishings - Market size and forecast 2019-2024 ($ billions)
Exhibit 23: Online home furnishings - Year-over-year growth 2020-2024 (%)
Exhibit 24: Other online home decorative products - Market size and forecast 2019-2024 ($ billions)
Exhibit 25: Other online home decorative products - Year-over-year growth 2020-2024 (%)
Exhibit 26: Market opportunity by product
Exhibit 27: Customer landscape
Exhibit 28: Market share by geography 2019-2024 (%)
Exhibit 29: Geographic comparison
Exhibit 30: Europe - Market size and forecast 2019-2024 ($ billions)
Exhibit 31: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 32: North America - Market size and forecast 2019-2024 ($ billions)
Exhibit 33: North America - Year-over-year growth 2020-2024 (%)
Exhibit 34: APAC - Market size and forecast 2019-2024 ($ billions)
Exhibit 35: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 36: South America - Market size and forecast 2019-2024 ($ billions)
Exhibit 37: South America - Year-over-year growth 2020-2024 (%)
Exhibit 38: MEA - Market size and forecast 2019-2024 ($ billions)
Exhibit 39: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 40: Key leading countries
Exhibit 41: Market opportunity
Exhibit 42: Impact of drivers and challenges
Exhibit 43: Vendor landscape
Exhibit 44: Landscape disruption
Exhibit 45: Vendors covered
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: Bed Bath & Beyond Inc. - Vendor overview
Exhibit 49: Bed Bath & Beyond Inc. - Business segments
Exhibit 50: Bed Bath & Beyond Inc. - Organizational developments
Exhibit 51: Bed Bath & Beyond Inc. - Key offerings
Exhibit 52: Chairish Inc. - Vendor overview
Exhibit 53: Chairish Inc. - Product segments
Exhibit 54: Chairish Inc. - Key offerings
Exhibit 55: Coyuchi Inc. - Vendor overview
Exhibit 56: Coyuchi Inc. - Product segments
Exhibit 57: Coyuchi Inc. - Key offerings
Exhibit 58: Herman Miller Inc. - Vendor overview
Exhibit 59: Herman Miller Inc. - Business segments
Exhibit 60: Herman Miller Inc. - Organizational developments
Exhibit 61: Herman Miller Inc. - Geographic focus
Exhibit 62: Herman Miller Inc. - Segment focus
Exhibit 63: Herman Miller Inc. - Key offerings
Exhibit 64: Home24 SE - Vendor overview
Exhibit 65: Home24 SE - Business segments
Exhibit 66: Home24 SE - Organizational developments
Exhibit 67: Home24 SE - Segment focus
Exhibit 68: Home24 SE - Key offerings
Exhibit 69: Inter IKEA Holding B.V. - Vendor overview
Exhibit 70: Inter IKEA Holding B.V. - Business segments
Exhibit 71: Inter IKEA Holding B.V. - Organizational developments
Exhibit 72: Inter IKEA Holding B.V. - Geographic focus
Exhibit 73: Inter IKEA Holding B.V. - Key offerings
Exhibit 74: Lowe's Companies Inc. - Vendor overview
Exhibit 75: Lowe's Companies Inc. - Business segments
Exhibit 76: Lowe's Companies Inc. - Organizational developments
Exhibit 77: Lowe's Companies Inc. - Geographic focus
Exhibit 78: Lowe's Companies Inc. - Key offerings
Exhibit 79: Pier 1 Imports Inc. - Vendor overview
Exhibit 80: Pier 1 Imports Inc. - Business segments
Exhibit 81: Pier 1 Imports Inc. - Organizational developments
Exhibit 82: Pier 1 Imports Inc. - Geographic focus
Exhibit 83: Pier 1 Imports Inc. - Key offerings
Exhibit 84: Trendsutra Platform Services Pvt. Ltd. - Vendor overview
Exhibit 85: Trendsutra Platform Services Pvt. Ltd. - Product segments
Exhibit 86: Trendsutra Platform Services Pvt. Ltd. - Organizational developments
Exhibit 87: Trendsutra Platform Services Pvt. Ltd. - Key offerings
Exhibit 88: Urban Ladder Home Décor Solutions Pvt. Ltd. - Vendor overview
Exhibit 89: Urban Ladder Home Décor Solutions Pvt. Ltd. - Product segments
Exhibit 90: Urban Ladder Home Décor Solutions Pvt. Ltd. - Organizational developments
Exhibit 91: Urban Ladder Home Décor Solutions Pvt. Ltd. - Key offerings
Exhibit 92: Validation techniques employed for market sizing
Exhibit 93: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bed Bath & Beyond Inc.
  • Chairish Inc.
  • Coyuchi Inc.
  • Herman Miller Inc.
  • Home24 SE
  • Inter IKEA Holding B.V.
  • MORE
The following companies as the key players in the global online home décor market: Bed Bath & Beyond Inc., Chairish Inc., Coyuchi Inc., Herman Miller Inc., Home24 SE, Inter IKEA Holding B.V.,Lowe's Companies Inc., Pier 1 Imports Inc., Trendsutra Platform Services Pvt. Ltd., and Urban Ladder Home Décor Solutions Pvt. Ltd.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the enhancement of consumer experience through technologies.”

According to the report, one of the major drivers for this market is the increasing residential construction.

Further, the report states that one of the major factors hindering the growth of this market is the strict competition from offline channel.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Bed Bath & Beyond Inc.
  • Chairish Inc.
  • Coyuchi Inc.
  • Herman Miller Inc.
  • Home24 SE
  • Inter IKEA Holding B.V.
  • Lowe's Companies Inc.
  • Pier 1 Imports Inc.
  • Trendsutra Platform Services Pvt. Ltd.
  • Urban Ladder Home Décor Solutions Pvt. Ltd.
Note: Product cover images may vary from those shown
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