Green Building Materials Is Fastest Growing Segment Fueling The Growth Of Online Home Decor Market
Market Overview: The online home decor market comprises of various decorative furnishings and products including furniture, textiles, floor coverings and other home furnishing accessories. With increase in e-commerce platforms and rising internet penetration globally, online platforms provide convenience of finding varied options of products for home décor and furnishings at competitive prices. The global Online Home Decor Market is estimated to be valued at US$ 97.39 Bn or Mn in 2023 and is expected to exhibit a CAGR of 11.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the prominent trends in the online home decor market is growing adoption of green building materials. Consumers are increasingly preferring eco-friendly home decor products which have lesser environmental impact. This includes products made from recyclable materials, sustainably sourced plants and woods. For example, use of bam