Home Decor Market: Global Industry Analysis and Forecast (2024-2030)

Home Decor Market size was valued at US$ 718.55 Bn in 2023 and the total revenue is expected to grow at a CAGR of 3.9% through 2024 to 2030, reaching nearly US$ 939.21 Bn.
Home Decor Market Overview:

The Global Home Decor market was valued at US $ 718.55 Bn. in 2023, and it is expected to reach US$ 939.21 Bn. by 2030 with a CAGR of 3.9% during the forecast period. Decorating the home can increase one’s mental health. So, in a way, home decor may have been a possible distraction or even an outlet for any pent-up frustrations brought by months of quarantine at home like adding a little pop of colour in dull lockdown routine. And the current development is proof. Of late, the industry has seen increasing interest in beautifying the home with fancy lights, wall decor or colourful cushions. The Godrej Company have been seeing a surge in the sales of home decor, mainly in soft furnishings which has seen a 2x growth.