The global home decor market is witnessing strong growth as consumers increasingly focus on creating stylish, comfortable, and personalised living spaces. According to Persistence Market Research, the market is projected to reach a value of US$770.0 Mn in 2025 and expand to US$1,047.9 Mn by 2032, registering a CAGR of 4.5 percent during the forecast period.
One of the key drivers behind this expansion is rising disposable income, which has encouraged homeowners to invest in designer furniture, customised accessories, and decor elements that enhance both aesthetics and comfort. Alongside this, rapid urbanisation and increased residential construction are boosting demand for functional and visually appealing home decor solutions.
Digital platforms are also playing a major role in shaping consumer preferences. Social media channels such as Instagram and Pinterest continue to influence interior design trends, while the growth of e-commerce has made decor products more accessible, offering consumers a wide range of choices with added convenience.
Sustainability has emerged as a central theme in purchasing decisions. Environmentally conscious buyers are increasingly opting for decor made from bamboo, recycled metals, and bio-based materials, reflecting a preference for eco-friendly, durable, and thoughtfully crafted products.
Technological innovation is further transforming the sector. Smart lighting, automated furniture, and connected home solutions are redefining modern interiors by combining functionality with contemporary design. Minimalist aesthetics, multifunctional furniture, and personalised decor solutions are gaining popularity as consumers move away from standardised offerings.
Regionally, North America and Europe continue to lead the market due to strong purchasing power and lifestyle-driven consumption. Meanwhile, the Asia-Pacific region is emerging as a high-growth market, supported by urban expansion and a growing middle class. Latin America and the Middle East are also showing increasing potential.
Looking ahead, the home decor market is expected to maintain steady growth as sustainability, innovation, and personal expression increasingly influence interior design choices across both premium and mass segments.
