Market Forecast by Countries (United States, Canada), By Product Type (Furniture, Textile, Flooring, Others), By Application Types (Indoor, Outdoor), By Distribution Channels (Supermarkets and Hypermarkets, Home Dcor Stores, Gift Shops, Online Stores, Others) And Competitive Landscape
Product Code: ETC059174 | Publication Date: May 2021 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
According to 6Wresearch's internal database and industry insights, the North America home decor market is projected to reach approximately USD 80 billion by 2031, growing from around USD 70 billion in 2024, reflecting a compound annual growth rate (CAGR) of about 3.5% from 2025 to 2031.
North America Home Decor Market | North America Home Decor Market |
Forecast Period | 2025 - 2031 |
CAGR | 3.5% |
Market Size | USD 80 billion by 2031 |
Growing Sector | Furniture |
The north America home decor market report thoroughly covers the market by Product Type, Application, Distribution Channel and Countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America home decor market growth has been steady throughout the years. Shift of consumer preferences towards personalised and sustainable design options drives the growth. The market is predictable to enlarge steadily due to the increasing disposable incomes and a rising emphasis on home aesthetics. Trends in digital platforms, social media, and home renovation TV shows are influencing consumers to invest in home upgrading, further boosting the steady growth of the market.
North America Home Decor Market is expected to grow at a significant CAGR of 3.5% during the forecast period 2025-2031. North America home decor market has been witnessing steady growth due to several major key growth drivers. Factors such as higher disposable incomes, the growing demand for customizable and personalised decor products, and the rising popularity of home enhancement are supporting the rising demand of the market across various industries. The role of digital influencers and social media platforms is vital in shaping consumer preferences due to evolving trends. Additionally, consumers can access an extensive range of home decor products owing to the increase of e-commerce, which is enhancing the market's reach and accessible further boosts the growth.
Despite steady growth, the North America home decor market faces numerous challenges. Issue such as rising raw material costs, especially for eco-friendly and sustainable materials, increases the cost of production and pose a major challenge for producers. Furthermore, product availability and pricing have been impacted due to supply chain disruptions and fluctuations in demand also hampers the growth of the market. Rising competition from alternatives, due to the rise of online platforms, led to fluctuation of product pricing.
The North America home decor market is evolving due to various fluctuating key trends. Trends such as increasing demand for sustainable, eco-friendly decor materials like recycled fabrics and biodegradable products are helping to shape the market dynamics. Customisation is gaining popularity as consumers are seeking unique and personalised pieces for their homes. Additionally, the active expansion of online, providing consumers access to a wide range of home décor products, further supports the growth of the market.
The North America home decor Industry offers various promising Investment opportunities. The rising demand for eco-friendly and sustainable materials is attracting investors. Investors can explore brands that create customizable, unique decor products, as they help investors to get long-term growth in the market. Investment opportunities are also presenting due to innovations in smart home decor products, such as automated lighting and furniture. Online retailing is becoming an attractive investment avenue for companies, supporting the robust growth of the market.
Leading players in the North America home decor market dominate through a strong e-commerce presence, a combination of wide product offerings, and an emphasis on sustainable, customizable solutions, including Williams-Sonoma, IKEA, Bed Bath & Beyond, Wayfair, and Target.
Governments have been launching several strict regulations in the North America home decor market. These regulations focus on decreasing environmental impact, like those focused on waste reduction and sustainable sourcing. The reduction of harmful chemicals and the wide use of eco-friendly materials in products are emphasised by many local rules. Regulations regarding the decrease of carbon footprints and energy efficiency in the production process are also boosting the home décor industry. Manufacturers are encouraged to adopt more responsible and sustainable production practices driven by these guidelines.
The North America home decor market is expected to grow steadily in the coming years. The rising demand of consumers for personalised, sustainable, and tech-integrated decor solutions is likely to boost the growth of the market. As e-commerce is gaining popularity among consumers, driving easy access to various products, supporting the robust growth of the market. Factors like Innovations in smart home technologies and eco-friendly materials are expected to shape the market's future positively.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Furniture holds the largest North America home decor market share, with IKEA leading the charge due to its functional, affordable, and stylish designs, catering to a wide range of tastes and needs.
According to Mansi Kaushik, Senior Research Analyst, 6Wresearch, the United States dominates the North America home decor market due to its strong purchasing power, large consumer base, and various home décor requirements. The U.S. is home to major retail players which have a wide reach and influence in the home décor industry.
The market report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Home Decor Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Home Decor Market Revenues & Volume, 2021 & 2031F |
3.3 North America Home Decor Market - Industry Life Cycle |
3.4 North America Home Decor Market - Porter's Five Forces |
3.5 North America Home Decor Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Home Decor Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 North America Home Decor Market Revenues & Volume Share, By Application Types, 2021 & 2031F |
3.8 North America Home Decor Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F |
4 North America Home Decor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Home Decor Market Trends |
6 North America Home Decor Market, 2021 - 2031 |
6.1 North America Home Decor Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.2 North America Home Decor Market, Revenues & Volume, By Application Types, 2021 - 2031 |
6.3 North America Home Decor Market, Revenues & Volume, By Distribution Channels, 2021 - 2031 |
7 United States Home Decor Market, 2021 - 2031 |
7.1 United States Home Decor Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.2 United States Home Decor Market, Revenues & Volume, By Application Types, 2021 - 2031 |
7.3 United States Home Decor Market, Revenues & Volume, By Distribution Channels, 2021 - 2031 |
8 Canada Home Decor Market, 2021 - 2031 |
8.1 Canada Home Decor Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.2 Canada Home Decor Market, Revenues & Volume, By Application Types, 2021 - 2031 |
8.3 Canada Home Decor Market, Revenues & Volume, By Distribution Channels, 2021 - 2031 |
9 North America Home Decor Market Key Performance Indicators |
10 North America Home Decor Market - Opportunity Assessment |
10.1 North America Home Decor Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Home Decor Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10.3 North America Home Decor Market Opportunity Assessment, By Application Types, 2021 & 2031F |
10.4 North America Home Decor Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
11 North America Home Decor Market - Competitive Landscape |
11.1 North America Home Decor Market Revenue Share, By Companies, 2024 |
11.2 North America Home Decor Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |