NEW YORK, Dec. 7, 2023 /PRNewswire/ — The online home decor market in India is estimated to grow by USD 4.78 billion from 2023 to 2028, growing at a CAGR of 10.79%. The online home decor market in India is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer online home decor market in India are Amazon.com Inc., Century Furniture LLC, Chumbak Design Pvt. Ltd, D decor, Elvy Lifestyle Pvt. Ltd., Fabindia Overseas Pvt. Ltd., Forbo Management SA, Godrej Consumer Products Ltd., Golden Leaf, Inter IKEA Holding BV, Mohawk Industries Inc., MyStyle Label Creation Pvt. Ltd., Pepperfry Pvt. Ltd., Praxis Home Retail Ltd., Reliance Industries Ltd., Secret Label India Apparels LLP, Shivalik Metaplast Industries, The Crafty Angels, Wooden Street, and Yellow Verandah. The report provides a full list of key companies, their strategies, and the latest developments. Download Free Sample before buying
- Amazon.com Inc: The company offers online home decor products such as amazon brand Solimo wall sticker, Xtore 12pcs 3D home decor butterfly, solimo colored wax tealight candles, umi creative white and red glossy ceramic birds figurines and solimo akhand diya or oil lamp for puja.
- Century Furniture LLC: The company offers online home decor products such as furniture fabric, six drawer low dresser, tatum swivel chair and polished steel floor lamp.
- Chumbak Design Pvt. Ltd: The company offers online home decor products such as stayin alive planter, nandi wall plate, home wall clock and owl oween mini planter.
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- Impactful driver- Rise in online spending and smartphone penetration
- Key Trend – Rising popularity of blogs related to interior design
- Major Challenges – Long product replacement cycles resulting in infrequent purchases
- The market share by the indoor segment is significant during the forecast period. Indoor segment application can refer to spaces within a home that are enclosed, including a bedroom, living room, bathroom, kitchen, and other covered areas. In addition, there is an increasing investment by consumers in these products as trends toward creative and inventive decor and furniture have shifted which is positively impacting the growth of this segment. Hence, such factors are fuelling the growth of this segment which in turn drives the India online home decor market growth during the forecast period.
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India Online Home Decor Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 10.79%
YoY growth 2022-2023 (%)
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product Type
8 Market Segmentation by Price
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Trends
12 Company Landscape
13 Company Analysis
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Originally published at https://www.prnewswire.com/news-releases/online-home-decor-market-in-india-to-grow-by-usd-4-78-billion-from-2023-to-2028-market-is-fragmented-due-to-the-presence-of-prominent-companies-like-amazoncom-inc-century-furniture-llc-and-chumbak-design-pvt-ltd–many-more-302007909.html
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The post Online Home Decor Market in India to grow by USD 4.78 billion from 2023 to 2028; market is fragmented due to the presence of prominent companies like Amazon.com Inc., Century Furniture LLC and Chumbak Design Pvt. Ltd, many more first appeared on Beauty News.