Global decorative shelves market is estimated to be valued at USD 7.35 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031. Global decorative shelves market has been witnessing growth over the past few years, owing to growing demand for wall decoration and home organization solutions. Decorative shelves provide an aesthetic appeal and functional utility for storing books, display items, photo frames and other small decorative items in the living rooms, bedrooms and other areas of residential and commercial spaces. Various materials including wood, metal, glass and other composites are being used in manufacturing of decorative shelves, thus, catering to diverse consumer requirements. Increasing spending on home decoration and rising consumer interests in interior designing boosts sales of decorative shelves globally.
Market Dynamics:
Global decorative shelves market has been witnessing notable growth due to flourishing residential and commercial construction activities across the developing world. Growing urban population and rising disposable incomes has boosted consumer demand for home decor products including decorative shelves. Moreover, changing lifestyles and frequent renovation cycles have positively impacted the market revenues. However, availability of low-cost alternatives from the unorganized sector may hamper the market expansion to some extent. Rising online sales of decorative furniture through e-commerce channels is expected to pave avenues for market players over the forecast period.
Key Features of the Study:
- This report provides in-depth analysis of the global decorative shelves market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global decorative shelves market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study IKEA, Crate & Barrel, Wayfair, Amazon, Target, Walmart, AtHome, Lowe's, Home Depot, Costco, Ashley Furniture, Ethan Allen, Bob's Discount Furniture, Havertys, Raymour & Flanigan, Nebraska Furniture Mart, Pier 1 Imports, Kirkland's, Tuesday Morning, and TJ Maxx.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global decorative shelves market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global decorative shelves market.
Detailed Segmentation-
- Product Type:
- Wall-mounted shelves
- Floating shelves
- Corner shelves
- Curio cabinets
- Display cabinets
- Bookcases
- Others
- Material Type:
- Wood
- Glass
- Metal
- Rattan/Wicker
- Plastic/Acrylic
- Others
- End Use:
- Residential
- Commercial
- Hotels
- Retail Stores
- Offices
- Others
- Distribution Channel:
- Offline
- Furniture stores
- Hypermarkets/Supermarkets
- Specialty stores
- Others
- Online
- Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- IKEA
- Crate & Barrel
- Wayfair
- Amazon
- Target
- Walmart
- AtHome
- Lowe's
- Home Depot
- Costco
- Ashley Furniture
- Ethan Allen
- Bob's Discount Furniture
- Havertys
- Raymour & Flanigan
- Nebraska Furniture Mart
- Pier 1 Imports
- Kirkland's
- Tuesday Morning
- TJ Maxx