The global demand for DIY Home Decor Market is presumed to reach the market size of nearly USD 412.79 MN by 2030 from USD 264.93 MN in 2022 with a CAGR of 5.7% under the study period 2023 - 2030.
DIY home decor products and activities allow homeowners to execute tasks by themselves with the help of DIY home improvement tools, equipment, and appliances. DIY home décor (do it yourself) is the activity of self-designing and self-modifying home decoration projects. DIY home décor technique allows customers to develop eye-catching home decoration projects without professional help.
Market Dynamics
The surge in demand for trendy and unique furniture is anticipated to provide lucrative growth opportunities for the DIY home decor industry. Moreover, the rise in urbanized population in emerging economies and increased expenditure on home décor products such as rough textiles and carpets have significantly contributed to market growth. Further, rising disposable income, improvement in living standards, along with the rise in the affinity of consumers toward consumer-friendly home décor products are anticipated to boost the demand for DIY home decor products. In addition, the growing popularity of home decor products and increased demand for various designs and customization are positively impacting the growth of the global DIY home decor market. However, the availability of low-quality and counterfeit goods and the fluctuations in the prices of raw materials used to manufacture these goods limit market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of diy home décor. The growth and trends of diy home décor industry provide a holistic approach to this study.
Market Segmentation
This section of the diy home décor market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Furniture
- Home Textile
- Floor Covering
- Lightning
By Income Group
- Lower-Middle Income
- Upper-Middle Income
- Higher Income
By Price Point
By Distribution Channel
- Supermarkets And Hypermarkets
- Specialty Stores
- E-Commerce
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the DIY Home Décor market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global DIY Home Decor Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the diy home décor market include Forbo International SA, Herman Miller Inc., Inter IKEA Systems BV, Kimball International, Mannington Mills Inc., Mohawk Industries Inc., OVERSTOCK.COM, INC., Shaw Industries Group Inc, TARGET CORPORATION, Armstrong World Industries, Inc., Ashley Furniture Industries Ltd., Duresta Upholstery Ltd., WALMART INC., WAYFAIR INC, Williams-Sonoma Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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