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The US Home Decor Market is being driven by reasons such as rising expenditure on home decor products, changing lifestyles, fast urbanisation, the construction industry’s expansion, and a thriving tourism sector.
Property décor products add to the aesthetic appeal of a home. As a result, they are regarded as a symbol of luxury in modern homes. High expenditure on these home décor products is likely to drive market expansion against this backdrop.
Furthermore, as consumers demand more organic items, major manufacturers are developing textile home décor products using natural raw materials. They are always launching new inventive items to respond to changing customer tastes in order to capitalise on this existing trend.
The US Home Decor Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.
Walmart is preparing a new strategy to entice online shoppers, one that will place a greater emphasis on home items. The company is now offering a revamped Home shopping experience on the web, with a focus on home products such as furniture, accessories, and other decorative things.
Modern, mid-century, traditional, glam, industrial, bohemian, farmhouse, transitional, and Scandinavian will be among the nine style groups included on the new site’s front page. Unlike a traditional Walmart shopping experience, it will incorporate editorial-style photography and design recommendations authored by in-house professionals.
Disney Home is beginning with rugs, wallpaper, and sculptures, but the company has a lot more in store for the future. A poster depicting the X-wing fighter in a modernist style. On the Toy Story DVD box, there’s an ivory throw rug with Mickey Mouse doodles, and sky-blue wallpaper with clouds.
These are some of the first goods from Disney Home, a new homewares collection that incorporates aspects from Pixar, Star Wars, Marvel, and, of course, Disney’s own rich film and animation history.
Disney Home will be released in Europe first, followed by a worldwide release. This will be a large line that will bring together many of Disney’s licensed products under one brand. Amazon, Wayfair, and Ruggable are among the retailers who sell it.
Disney Home is the company’s strategic attempt to gain a larger share of the home decor market. It combines what fans might expect, such as children’s bedding, with bespoke design pieces and one-of-a-kind partnerships.
With the launch of Origin21, Lowe’s’ first contemporary style exclusive brand, the retailer is stepping up its efforts to provide “styles for every style” at unexpectedly low prices. Origin21 offers approachable, modern design for everyday living across the entire home.
Lowe’s provides consumers with everything they need to execute and finish their home renovations, from conception to installation to completion, allowing them to re-imagine the full potential of their house. The collection draws influence from a variety of styles and includes everything from throw pillows, carpets, and patio furniture to light fixtures, faucets, and imitation plants.
The Property Brothers, Drew and Jonathan, are bringing their home design experience to Living Spaces, a prominent furniture company. Drew and Jonathan’s collection consists of sophisticated yet relaxed pieces.
The 90 pieces were inspired by both their own family and the homes they have designed over the years, according to the shop, which debuted the collection with the design pair. The Alta chalk accent chair, with sleek gold legs, and the Old Hollywood-inspired Palladium dining table are two of the furniture highlights.