In the land where art, history, and culture converge, Italy's home decor market stands as a beacon of elegance, sophistication, and timeless beauty. From the opulent palazzos of Florence to the charming villas of the Italian countryside, Italian home decor reflects a rich tapestry of tradition, innovation, and craftsmanship that captivates the hearts and minds of design enthusiasts worldwide. Let's embark on a journey through Italy's home decor market, where centuries-old heritage meets modern sensibility to create living spaces that are as enchanting as they are inviting.
Home-décor Market Size was valued at USD 619.8 Billion in 2022. The home-décor Market industry is projected to grow from USD 644.5 Billion in 2023 to USD 882.1 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.00% during the forecast period (2023 - 2032).
Key Companies in the home décor Market include
- Forbo Management SA
- Shaw Industries Group, Inc.
- Ashley Furniture Industries
- Mannington Mills, Inc.
- Armstrong World Industries, Inc.
- Mohawk Industries, Inc.
- Millerknoll, Inc.
- IKEA Holding BV.
- Duresta Upholstery Ltd.
- Kimball International Inc.
Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, Home-décor Market drivers, growth potential, industry-specific challenges and risks).
- To analyze the concerning individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
Home-décor Industry Developments
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.
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