Home Improvements Industry
China shipped US $2.494 Trillion worth of goods in just 2018. It's a 10% increase since 2017.
47% goes to Asia, 23% to North America, 19.1% to Europe and 4.21% to Africa.
Top 10 Industries
“Home Improvement market is witnessing a robust growth all over the world. Items including furniture, floor covering and textiles are important components of home décor. Globalization and growth of the real estate industry is an enhancer for the home decor industry. Eco-friendly products and online retail for products like furniture where such home décor products are available at a discounted or affordable prices have also spurred market growth. Disposable income and improving lifestyle is another factor for growth. Home Decor includes interiors, layout and furnishings to enhance beautification. Items like household furniture, furnishings for the home and other decorative items like lamps, clay pots, artifacts and candles etc. are used for home décor.
The market report that the global home decor report will touch USD 855,680 Mn in the year 2022 and growing.
It was estimated that total U.S home improvement expenditure amounted to be about 394 billion U.S dollars in 2018.
Source: Furniture Marketing. Home care, repair, and improvement of market value in the U.S. 2015-2020, Statistics.com.
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