Allied Market Research
Loading...
0
Upcoming Allied Market Research
2021
Decorative Accessories Market

Decorative Accessories Market by Product Type (Lamp & Lighting, Pottery & Vases, Home Décor, Pillows, Rugs, and Others), Price Point (Premium, Medium, and Economy), Application (Residential, Corporate Offices, Institutions, Malls, and Others), Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Departmental Stores, Online, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13708
Pages: NA
Dec 2021 | 102 Views
   
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Decorative Accessories Market

Request Now !

Decorative accessories are used to adorn a house or apartment with various furniture and accessories to make it more attractive. Decorative accessories have been more important in the world market recently, as specialists learn to appear dazzling and serene in their homes. Western countries have long since started the practice of decorating their homes in a trendy manner that attracts inhabitants and others by forming and constructing their homes. It also speaks about people's tastes and the atmosphere they perceive to be. For a decade now, the use of decorative accessories was popular with consumers. The market for decorative accessories is growing substantially, not least for emerging nations in which the decorative accessories market is becoming highly popular with home accessories and other connected goods. Due to the expansion of the property business in the larger cities and the shift from traditional to urban life, its influence on the decorative accessories market is projected to expand over the forecasted term.

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

2020–2030

Base Year Considered

2020

Forecast Period

2021–2030

Forecast Unit

Value (USD)

Regions Covered

North America, Europe, Asia-Pacific, and LAMEA

Segments Covered

Product Type, Price Point Application, Distribution Channel and Region

Companies Covered

 

Forbo Holding AG., Armstrong World Industries Inc., Mohawk Industries Inc., Berkshire Hathaway Inc., Herman Miller, Inc., Ashley Furniture Ltd., Kimball International Inc., Home Depot Inc., Lowes Companies, Inc., and IKEA Holdings B.V.

COVID-19 Impact Analysis

  • As a result of the COVID-19 pandemic, the supply and distribution system had interrupted countries to apply a lockdown. The shift in operations and seller's actions affected output. Hypermarkets and convenience stores have been closed resulting in a gap in demand and supply.

  • With restricted work availability, a renewed supply of raw material and a logistic difficulty, the production process for decorative accessories has become an obstacle for enterprises.

  • The customer with a high disposable income and a high interest in high-quality decorative accessories turned their interest into necessary comforts to support the survival of the lockdown era. Day-to-day food goods and medicinal products replaced the individual need for luxury decorative accessories.

 

Top Impacting Factors

  • The need for decorative accessories would be fueled by the increasing growth of buildings, whether mobile or commercial and a gradual change in taste for imported high-end accessories. The aim is to encourage business development in the hospitality industry through higher investments.

  • The idea of decorative accessories is related to spirituality and aesthetic pleasures by customers. However, the high-end decorative items are expensive, and the world finds it somewhat tough to take the high-quality accessories at an amazing price. Certainly, in the Asia Pacific, Latin America, where individuals are more able to buy their luxury in their lives, there is a chance in the expansion of the decorative accessories market.

  • Rapid economic expansion, increased disposable income, and restricted access to land will give several chances for the growing decorative accessories sector. In addition, there has been significant growth in demand for decorative accessories due to increasing living standards and economic conditions.

 

Market Trends

The Rise in Demand for High-quality Decorative Accessories from the Residential Sector

The demand for high-quality decorative accessories is increasing in the residential sector. The contribution of the residential sector to the requirement for decorative accessories is high compared to the commercial sector. The elevated demand is because people are utilizing accessories in homes for many purposes such as wall decor, decorating, and other purposes. Due to the rising population and increased need for cheap housing, there has been a phenomenal expansion in the residential property sectors in these last several years, as the demands for decorative accessories should further increase.

An Omni-channel Strategy is Beneficial for the Growth of the Wood Furniture Market

Customers are opting for more convenient ways of buying decorative accessories by shifting to e-commerce purchases. Lack of transparency of details and inconsistent pricing is affecting the consumer to make a buying decision. As the world is moving towards digital business and mostly all transactions are occurring on the digital platform. A clear message about the product detail and proper mentioning of the price without any hidden charges is anticipated to motivate the customer to approach the purchase.

Fluctuating Raw Material Prices has affected the Growth of the Decorative Accessories Market

For manufacture and processing, decorative accessories rely significantly on primary materials. Changes in raw materials like plastics, wood, metal and glass pricing adversely affect the decorative accessories market's growth. The manufacturing of metal and plastic products is very dependent on the oil and gas sector. Prices for plastic, metal and glass are affected by fluctuations in oil & gas prices, and consequently, the cost of raw materials which impact decorative accessories manufacture is increased. Ultimately, the customers receive these exorbitant expenses. As a result, demand for the items decreased, limiting producers' profit margin. Therefore, despite shifting raw material prices, the major difficulty for accessories producers is to offer inexpensive goods.

 

Key Segments Covered

Product Type

  • Lamp & Lighting
  • Pottery & Vases
  • Home Décor
  • Pillows
  • Rugs
  • Others

Price Point

  • Premium
  • Medium
  • Economy

Application

  • Residential
  • Corporate Offices
  • Institution
  • Malls
  • Others

Distribution Channel

  • Hypermarkets/supermarkets
  • Specialty Stores
  • Departmental Stores
  • Online
  • Others

Region

  • North America

    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe

Asia-Pacific

  • China
  • India

  • Japan

  • Australia

  • South Korea

  • Rest of Asia-Pacific

LAMEA

  • Latin America

  • Middle East

  • Africa

Key Benefits of the Report

  • This study presents the analytical depiction of the decorative accessories industry along with the current trends and future estimations to determine the imminent investment pockets.

  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the decorative accessories market share.

  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the decorative accessories market growth scenario.

  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

  • The report provides a detailed decorative accessories market analysis on the basis of competitive intensity and how the competition will take shape in coming years

Questions Answered in the Decorative Accessories Market Research Report

  • Which are the leading players active in the decorative accessories market?

  • What are the current trends that will influence the market in the next few years?

  • What are the driving factors, restraints, and opportunities in the market?

  • What future projections would help in taking further strategic steps?

 

 

 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Decorative Accessories Market

Start reading.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,995  $8,996
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers