Insights on Market Drivers, Trends, & Challenges and forecast period (2022 to 2026) - Request a sample report! This trend will positively influence the growth of the market during the forecast period. It also discourages them from using non-recyclable materials in the manufacture of home décor items. Several legal agencies including Forest Stewardship Council (FSC) and the Sustainable Furnishing Council (SFC) are helping vendors to develop eco-friendly home furnishing by providing guidance.įor instance, SFC helps furniture manufacturers adopt sustainable practices to reduce carbon emissions and waste stream pollutants. The growing demand for eco-friendly home décor items is a major trend in the market.Ĭonsumers are increasingly becoming aware of the safety of the environment, which is increasing the demand for eco-friendly products. The rising consumer inclination of consumers toward online shopping has encouraged market players to expand their presence online and drive more sales. Online shopping websites provide detailed information on various products, such as quality, safety, and user guidance, among others, which facilitate the decision-making process. The high penetration of the internet, improved economic growth, and the emergence of m-commerce have increased consumer spending on online shopping. The growth of the market is driven by the rise in online spending and smartphone penetration. Online Home Decor Market In India – Market Dynamics Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - buy the report! Special coverage on the Russia- Ukraine war inflation recovery analysis from COVID-19 supply chain disruptions, trade tensions and risk of recessionĬompetitiveness and key competitor positions Technavio has announced its latest market research report titled Online Home Decor Market in India
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