Decorative Shelves Market Size, Trends and Insights By Product Type (Wall-mounted Decorative Shelves, Freestanding Decorative Shelves, Corner Decorative Shelves, Floating Shelves, Box Shelves, Ladder Shelves, Others), By Material Type (Wood, Metal, Glass, Plastic/ Acrylic, Others), By End-user (Residential, Commercial), By Distribution Channel (Online Retail, Specialty Stores, Furniture Stores, Home Improvement Stores, Supermarkets/Hypermarkets, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Amazon
- Ashley Furniture
- AtHome
- Bob’s Discount Furniture
- Costco
- Crate & Barrel
- Others
Reports Description
Global Decorative Shelves Market was valued at USD 6.6 Billion in 2022 and is expected to reach USD 12.8 Billion by 2032, at a CAGR of 6.84% during the forecast period 2023 – 2032.
Decorative shelves are shelves that are designed to be both functional and stylish. They can be used to display a variety of items, such as books, pictures, plants, and other decorative objects. Decorative shelves come in a wide variety of materials, styles, and color, so you can find ones that match your home décor.
Decorative Shelves Market: Growth Factors
Rising Demand for Home Decoration
One significant driver of the global decorative shelves market is the increasing demand for home decoration products. As individuals seek to personalize their living spaces, the demand for aesthetically pleasing and functional decor items like decorative shelves has surged.
According to the United Nations Department of Economic and Social Affairs (UN DESA), the global urban population is projected to grow by 1.63% annually, reaching 6.7 billion by 2050.
This urbanization trend is driving the demand for home decor items, including decorative shelves, as people look to enhance the visual appeal of their living spaces.
Growing Trend of Compact Living Spaces
Another key driver is the growing trend of compact living spaces, particularly in urban areas. With the increasing population density in cities, there is a rise in demand for furniture and decor solutions that optimize space utilization.
Decorative shelves offer a practical solution by providing storage and display options without occupying valuable floor space.
According to the World Bank, the global urban population has been steadily increasing, reaching 55% of the total population in 2018, and is expected to continue rising. This trend is fuelling the demand for compact and space-saving furniture solutions like decorative shelves.
Decorative Shelves Market: Restraints
High Cost of Quality Materials
One significant restraint in the global decorative shelves market is the high cost associated with quality materials. Decorative shelves made from premium materials such as solid wood or metal tend to be more expensive, limiting their affordability for a segment of consumers.
According to the International Tropical Timber Organization (ITTO), the prices of tropical hardwoods, commonly used in high-quality furniture and decor items, have been steadily increasing due to supply constraints and environmental regulations.
This price hike contributes to the overall cost of manufacturing decorative shelves, posing a challenge to market growth.
Intense Competition from Substitute Products
Another restraint is the intense competition from substitute products such as wall-mounted cabinets, bookshelves, and storage racks. These alternative storage solutions offer functionality similar to decorative shelves and may be preferred by consumers based on factors like price, design, or available space.
The International Trade Centre (ITC) reports a steady increase in the global trade of furniture and related products, indicating the availability and popularity of various alternatives to decorative shelves.
This competition poses a challenge for manufacturers and retailers in the decorative shelves market, as they must differentiate their products to remain competitive.
Decorative Shelves Market: Opportunities
Expansion of E-commerce Channels
An important opportunity in the global decorative shelves market lies in the expansion of e-commerce channels. The rapid growth of online retail platforms has significantly increased accessibility to a wide range of home decor products for consumers worldwide.
According to the United Nations Conference on Trade and Development (UNCTAD), global e-commerce sales reached $26.7 trillion in 2019, with steady growth projected in the coming years.
By leveraging e-commerce platforms, manufacturers and retailers can reach a larger customer base, including those in remote or underserved areas, thereby expanding their market presence and driving sales of decorative shelves.
Increasing Focus on Sustainable and Eco-friendly Products
Another opportunity arises from the growing consumer preference for sustainable and eco-friendly products. As environmental concerns become more prominent, there is a rising demand for decor items that are made from renewable materials and manufactured using eco-friendly processes.
According to the United Nations Environment Programme (UNEP), the global market for eco-friendly products and services is expanding rapidly, driven by consumer awareness and government initiatives. Manufacturers of decorative shelves can capitalize on this trend by incorporating sustainable materials such as bamboo, recycled wood, or low-VOC finishes into their product offerings.
By emphasizing the eco-friendliness of their products, companies can attract environmentally conscious consumers and differentiate themselves in the market.
Decorative Shelves Market: Segmentation Analysis
Global Decorative Shelves market is segmented by product type, material, end user and distribution channels.
Based on Product Type, the global decorative shelves market is segmented into Wall-mounted Decorative Shelves, Freestanding Decorative Shelves, Corner Decorative Shelves, Floating Shelves, Box Shelves, Ladder Shelves and Others.
Among all these segments Wall-mounted shelves held the highest market share in 2022, due to their space-saving design and versatility, making it a popular choice among consumers. Floating shelves have gained popularity due to their modern and minimalist design, making them increasingly sought after in contemporary interior décor trends.
Based on Material Type, the global decorative shelves market is segmented into Wood, Metal, Glass, Plastic/ Acrylic and Others. Among all these segments, the wood segment held the highest market share in 2022. Wood is a traditional and classic material choice for decorative shelves, known for its durability, warmth, and versatility in various interior styles.
Metal decorative shelves are experiencing growth due to their contemporary appeal, sleek design, and durability.
Based on End-user, the global decorative shelves market is segmented into residentials and commercials. Among these segments, residential held the highest market share in 2022.
The residential segment typically dominates the decorative shelves market as individuals and families seek to enhance the aesthetics and functionality of their homes. The commercial segment, particularly in sectors like hospitality, retail, and office spaces, is growing as businesses increasingly recognize the importance of attractive displays and storage solutions.
Based on the Distribution Channel, the global decorative shelves market is segmented into Online Retail, Specialty Stores, Furniture Stores, Home Improvement Stores, Supermarkets/Hypermarkets and Others. Among all these segments, Online Retail held the highest market share in 2022.
Online retail channels offer convenience, a wide range of options, and often competitive pricing, making them a preferred choice for purchasing decorative shelves. With the increasing popularity of DIY home improvement projects and the rising interest in home décor, home improvement stores are witnessing growth in the sales of decorative shelves, along with other related products.
Report Scope
Feature of the Report | Details |
Market Size in 2023 | USD 6.6 Billion |
Projected Market Size in 2032 | USD 12.8 Billion |
Market Size in 2022 | USD 6.2 Billion |
CAGR Growth Rate | 6.84% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Product Type, Material Type, End-user, Distribution Channel and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Decorative Shelves Market: Regional Analysis
North America stands out as the leading region in the global decorative shelves market, owing to several key factors that contribute to its dominance in the industry.
With a mature economy, high consumer spending, and a strong emphasis on home décor, North America has established itself as a lucrative market for decorative shelves.
One of the primary drivers of North America’s leadership in the decorative shelves market is the region’s robust retail infrastructure. North America boasts a well-developed network of specialty stores, departmental stores, and home improvement centers that offer a wide range of decorative shelves to cater to diverse consumer preferences.
Moreover, the region’s affluent population and high disposable incomes enable consumers to invest significantly in home improvement and interior decoration projects, driving the demand for decorative shelves. The culture of homeownership in North America further fuels the market growth, as homeowners seek to personalize and beautify their living spaces with trendy décor items like decorative shelves.
The Asia Pacific region emerges as the fastest-growing segment in the global decorative shelves market, exhibiting remarkable expansion driven by several key factors. With an increasing focus on interior decoration, urbanization, and rising disposable incomes, the demand for decorative shelves in the Asia Pacific region has witnessed a significant surge in recent years.
One of the primary drivers of growth in the Asia Pacific region is rapid urbanization and the subsequent increase in residential and commercial construction activities. As urban areas expand, the demand for aesthetically pleasing interior décor solutions rises, including decorative shelves.
Countries like China, India, and Japan are witnessing substantial growth in the construction and real estate sectors, further propelling the demand for decorative shelves.
Moreover, the growing consumer preference for modern and stylish home interiors is boosting the demand for decorative shelves in the Asia Pacific region. Consumers are increasingly investing in home décor products to enhance the visual appeal of their living spaces, thereby driving the demand for decorative shelves.
Furthermore, the increasing penetration of e-commerce platforms and the growing trend of online shopping are contributing significantly to the growth of the decorative shelves market in the Asia Pacific region. Online retail offers consumers a wide range of product choices, convenience, and competitive pricing, thereby fueling the sales of decorative shelves across various demographics.
Decorative Shelves Market: Recent Developments
- In January 2024, IKEA Announced a Partnership with a Sustainability-Focused Wood Supplier. IKEA, the global furniture giant, partnered with “WoodUpp,” a Swedish supplier specializing in sustainable and traceable wood sources. This move aims to increase the use of certified and responsibly sourced wood in their decorative shelves, meeting the growing demand for eco-friendly furniture.
- In December 2023, Wayfair Launched an Augmented Reality Feature for Shelf Visualization. Online furniture retailer Wayfair introduced an augmented reality (AR) feature on its app, allowing customers to virtually place decorative shelves in their homes before purchase. This technology enhances the online shopping experience and potentially boosts sales.
- In October 2023, Walmart Expanded Private Label Decorative Shelf Offerings. Retail giant Walmart expanded its private label “Mainstays” brand to include a wider range of affordable decorative shelves. This move targets budget-conscious consumers and potentially increases Walmart’s market share in the decorative shelf segment.
- In September 2023, Houzz Collaborated with Influencers on a Decorative Shelf Design Contest. Online home improvement platform Houzz partnered with several interior design influencers to launch a “Shelf Design Challenge.” This contest generated social media buzz and showcased innovative decorative shelf designs, potentially influencing consumer trends.
List of the prominent players in the Decorative Shelves Market:
- Amazon
- Ashley Furniture
- AtHome
- Bob’s Discount Furniture
- Costco
- Crate & Barrel
- Ethan Allen
- Havertys
- Home Depot
- IKEA
- Kirkland’s
- Lowe’s
- Nebraska Furniture Mart
- Pier 1 Imports
- Raymour & Flanigan
- Target
- TJ Maxx
- Tuesday Morning
- Walmart
- Wayfair
- Others
These key players are adopting various organic and inorganic growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Decorative Shelves Market is segmented as follows:
By Product Type
- Wall-mounted Decorative Shelves
- Freestanding Decorative Shelves
- Corner Decorative Shelves
- Floating Shelves
- Box Shelves
- Ladder Shelves
- Others
By Material Type
- Wood
- Metal
- Glass
- Plastic/ Acrylic
- Others
By End-user
- Residential
- Commercial
By Distribution Channel
- Online Retail
- Specialty Stores
- Furniture Stores
- Home Improvement Stores
- Supermarkets/Hypermarkets
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Decorative Shelves Market, (2024 – 2033) (USD Billion)
- 2.2 Global Decorative Shelves Market: snapshot
- Chapter 3. Global Decorative Shelves Market – Industry Analysis
- 3.1 Decorative Shelves Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Rising Demand for Home Decoration
- 3.2.2 Growing Trend of Compact Living Spaces
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product Type
- 3.7.2 Market Attractiveness Analysis By Material Type
- 3.7.3 Market Attractiveness Analysis By End-user
- 3.7.4 Market Attractiveness Analysis By Distribution Channel
- Chapter 4. Global Decorative Shelves Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Decorative Shelves Market: Company Market Share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Decorative Shelves Market – Product Type Analysis
- 5.1 Global Decorative Shelves Market Overview: By Product Type
- 5.1.1 Global Decorative Shelves Market Share, By Product Type, 2022 and – 2033
- 5.2 Wall-mounted Decorative Shelves
- 5.2.1 Global Decorative Shelves Market by Wall-mounted Decorative Shelves, 2024 – 2033 (USD Billion)
- 5.3 Freestanding Decorative Shelves
- 5.3.1 Global Decorative Shelves Market by Freestanding Decorative Shelves, 2024 – 2033 (USD Billion)
- 5.4 Corner Decorative Shelves
- 5.4.1 Global Decorative Shelves Market by Corner Decorative Shelves, 2024 – 2033 (USD Billion)
- 5.5 Floating Shelves
- 5.5.1 Global Decorative Shelves Market by Floating Shelves, 2024 – 2033 (USD Billion)
- 5.6 Box Shelves
- 5.6.1 Global Decorative Shelves Market by Box Shelves, 2024 – 2033 (USD Billion)
- 5.7 Ladder Shelves
- 5.7.1 Global Decorative Shelves Market by Ladder Shelves, 2024 – 2033 (USD Billion)
- 5.8 Others
- 5.8.1 Global Decorative Shelves Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global Decorative Shelves Market Overview: By Product Type
- Chapter 6. Global Decorative Shelves Market – Material Type Analysis
- 6.1 Global Decorative Shelves Market Overview: By Material Type
- 6.1.1 Global Decorative Shelves Market Share, By Material Type, 2022 and – 2033
- 6.2 Wood
- 6.2.1 Global Decorative Shelves Market by Wood, 2024 – 2033 (USD Billion)
- 6.3 Metal
- 6.3.1 Global Decorative Shelves Market by Metal, 2024 – 2033 (USD Billion)
- 6.4 Glass
- 6.4.1 Global Decorative Shelves Market by Glass, 2024 – 2033 (USD Billion)
- 6.5 Plastic/ Acrylic
- 6.5.1 Global Decorative Shelves Market by Plastic/ Acrylic, 2024 – 2033 (USD Billion)
- 6.6 Others
- 6.6.1 Global Decorative Shelves Market by Others, 2024 – 2033 (USD Billion)
- 6.1 Global Decorative Shelves Market Overview: By Material Type
- Chapter 7. Global Decorative Shelves Market – End-user Analysis
- 7.1 Global Decorative Shelves Market Overview: By End-user
- 7.1.1 Global Decorative Shelves Market Share, By End-user, 2022 and – 2033
- 7.2 Residential
- 7.2.1 Global Decorative Shelves Market by Residential, 2024 – 2033 (USD Billion)
- 7.3 Commercial
- 7.3.1 Global Decorative Shelves Market by Commercial, 2024 – 2033 (USD Billion)
- 7.1 Global Decorative Shelves Market Overview: By End-user
- Chapter 8. Global Decorative Shelves Market – Distribution Channel Analysis
- 8.1 Global Decorative Shelves Market Overview: By Distribution Channel
- 8.1.1 Global Decorative Shelves Market Share, By Distribution Channel, 2022 and – 2033
- 8.2 Online Retail
- 8.2.1 Global Decorative Shelves Market by Online Retail, 2024 – 2033 (USD Billion)
- 8.3 Specialty Stores
- 8.3.1 Global Decorative Shelves Market by Specialty Stores, 2024 – 2033 (USD Billion)
- 8.4 Furniture Stores
- 8.4.1 Global Decorative Shelves Market by Furniture Stores, 2024 – 2033 (USD Billion)
- 8.5 Home Improvement Stores
- 8.5.1 Global Decorative Shelves Market by Home Improvement Stores, 2024 – 2033 (USD Billion)
- 8.6 Supermarkets/Hypermarkets
- 8.6.1 Global Decorative Shelves Market by Supermarkets/Hypermarkets, 2024 – 2033 (USD Billion)
- 8.7 Others
- 8.7.1 Global Decorative Shelves Market by Others, 2024 – 2033 (USD Billion)
- 8.1 Global Decorative Shelves Market Overview: By Distribution Channel
- Chapter 9. Decorative Shelve’s Market – Regional Analysis
- 9.1 Global Decorative Shelve’s Market Regional Overview
- 9.2 Global Decorative Shelve’s Market Share, by Region, 2022 & – 2033 (USD Billion)
- 9.3. North America
- 9.3.1 North America Decorative Shelve’s Market, 2024 – 2033 (USD Billion)
- 9.3.1.1 North America Decorative Shelve’s Market, by Country, 2024 – 2033 (USD Billion)
- 9.3.1 North America Decorative Shelve’s Market, 2024 – 2033 (USD Billion)
- 9.4 North America Decorative Shelve’s Market, by Product Type, 2024 – 2033
- 9.4.1 North America Decorative Shelve’s Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.5 North America Decorative Shelve’s Market, by Material Type, 2024 – 2033
- 9.5.1 North America Decorative Shelve’s Market, by Material Type, 2024 – 2033 (USD Billion)
- 9.6 North America Decorative Shelve’s Market, by End-user, 2024 – 2033
- 9.6.1 North America Decorative Shelve’s Market, by End-user, 2024 – 2033 (USD Billion)
- 9.7 North America Decorative Shelve’s Market, by Distribution Channel, 2024 – 2033
- 9.7.1 North America Decorative Shelve’s Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 9.8. Europe
- 9.8.1 Europe Decorative Shelve’s Market, 2024 – 2033 (USD Billion)
- 9.8.1.1 Europe Decorative Shelve’s Market, by Country, 2024 – 2033 (USD Billion)
- 9.8.1 Europe Decorative Shelve’s Market, 2024 – 2033 (USD Billion)
- 9.9 Europe Decorative Shelve’s Market, by Product Type, 2024 – 2033
- 9.9.1 Europe Decorative Shelve’s Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.10 Europe Decorative Shelve’s Market, by Material Type, 2024 – 2033
- 9.10.1 Europe Decorative Shelve’s Market, by Material Type, 2024 – 2033 (USD Billion)
- 9.11 Europe Decorative Shelve’s Market, by End-user, 2024 – 2033
- 9.11.1 Europe Decorative Shelve’s Market, by End-user, 2024 – 2033 (USD Billion)
- 9.12 Europe Decorative Shelve’s Market, by Distribution Channel, 2024 – 2033
- 9.12.1 Europe Decorative Shelve’s Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Decorative Shelve’s Market, 2024 – 2033 (USD Billion)
- 9.13.1.1 Asia Pacific Decorative Shelve’s Market, by Country, 2024 – 2033 (USD Billion)
- 9.13.1 Asia Pacific Decorative Shelve’s Market, 2024 – 2033 (USD Billion)
- 9.14 Asia Pacific Decorative Shelve’s Market, by Product Type, 2024 – 2033
- 9.14.1 Asia Pacific Decorative Shelve’s Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.15 Asia Pacific Decorative Shelve’s Market, by Material Type, 2024 – 2033
- 9.15.1 Asia Pacific Decorative Shelve’s Market, by Material Type, 2024 – 2033 (USD Billion)
- 9.16 Asia Pacific Decorative Shelve’s Market, by End-user, 2024 – 2033
- 9.16.1 Asia Pacific Decorative Shelve’s Market, by End-user, 2024 – 2033 (USD Billion)
- 9.17 Asia Pacific Decorative Shelve’s Market, by Distribution Channel, 2024 – 2033
- 9.17.1 Asia Pacific Decorative Shelve’s Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 9.18. Latin America
- 9.18.1 Latin America Decorative Shelve’s Market, 2024 – 2033 (USD Billion)
- 9.18.1.1 Latin America Decorative Shelve’s Market, by Country, 2024 – 2033 (USD Billion)
- 9.18.1 Latin America Decorative Shelve’s Market, 2024 – 2033 (USD Billion)
- 9.19 Latin America Decorative Shelve’s Market, by Product Type, 2024 – 2033
- 9.19.1 Latin America Decorative Shelve’s Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.20 Latin America Decorative Shelve’s Market, by Material Type, 2024 – 2033
- 9.20.1 Latin America Decorative Shelve’s Market, by Material Type, 2024 – 2033 (USD Billion)
- 9.21 Latin America Decorative Shelve’s Market, by End-user, 2024 – 2033
- 9.21.1 Latin America Decorative Shelve’s Market, by End-user, 2024 – 2033 (USD Billion)
- 9.22 Latin America Decorative Shelve’s Market, by Distribution Channel, 2024 – 2033
- 9.22.1 Latin America Decorative Shelve’s Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 9.23. The Middle-East and Africa
- 9.23.1 The Middle-East and Africa Decorative Shelve’s Market, 2024 – 2033 (USD Billion)
- 9.23.1.1 The Middle-East and Africa Decorative Shelve’s Market, by Country, 2024 – 2033 (USD Billion)
- 9.23.1 The Middle-East and Africa Decorative Shelve’s Market, 2024 – 2033 (USD Billion)
- 9.24 The Middle-East and Africa Decorative Shelve’s Market, by Product Type, 2024 – 2033
- 9.24.1 The Middle-East and Africa Decorative Shelve’s Market, by Product Type, 2024 – 2033 (USD Billion)
- 9.25 The Middle-East and Africa Decorative Shelve’s Market, by Material Type, 2024 – 2033
- 9.25.1 The Middle-East and Africa Decorative Shelve’s Market, by Material Type, 2024 – 2033 (USD Billion)
- 9.26 The Middle-East and Africa Decorative Shelve’s Market, by End-user, 2024 – 2033
- 9.26.1 The Middle-East and Africa Decorative Shelve’s Market, by End-user, 2024 – 2033 (USD Billion)
- 9.27 The Middle-East and Africa Decorative Shelve’s Market, by Distribution Channel, 2024 – 2033
- 9.27.1 The Middle-East and Africa Decorative Shelve’s Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- Chapter 10. Company Profiles
- 10.1 Amazon
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Ashley Furniture
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 AtHome
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Bob’s Discount Furniture
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Costco
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Crate & Barrel
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 Ethan Allen
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 Havertys
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 Home Depot
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 IKEA
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Kirkland’s
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 Lowe’s
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.13 Nebraska Furniture Mart
- 10.13.1 Overview
- 10.13.2 Financials
- 10.13.3 Product Portfolio
- 10.13.4 Business Strategy
- 10.13.5 Recent Developments
- 10.14 Pier 1 Imports
- 10.14.1 Overview
- 10.14.2 Financials
- 10.14.3 Product Portfolio
- 10.14.4 Business Strategy
- 10.14.5 Recent Developments
- 10.15 Raymour & Flanigan
- 10.15.1 Overview
- 10.15.2 Financials
- 10.15.3 Product Portfolio
- 10.15.4 Business Strategy
- 10.15.5 Recent Developments
- 10.16 Target
- 10.16.1 Overview
- 10.16.2 Financials
- 10.16.3 Product Portfolio
- 10.16.4 Business Strategy
- 10.16.5 Recent Developments
- 10.17 TJ Maxx
- 10.17.1 Overview
- 10.17.2 Financials
- 10.17.3 Product Portfolio
- 10.17.4 Business Strategy
- 10.17.5 Recent Developments
- 10.18 Tuesday Morning
- 10.18.1 Overview
- 10.18.2 Financials
- 10.18.3 Product Portfolio
- 10.18.4 Business Strategy
- 10.18.5 Recent Developments
- 10.19 Walmart
- 10.19.1 Overview
- 10.19.2 Financials
- 10.19.3 Product Portfolio
- 10.19.4 Business Strategy
- 10.19.5 Recent Developments
- 10.20 Wayfair
- 10.20.1 Overview
- 10.20.2 Financials
- 10.20.3 Product Portfolio
- 10.20.4 Business Strategy
- 10.20.5 Recent Developments
- 10.21 Others.
- 10.21.1 Overview
- 10.21.2 Financials
- 10.21.3 Product Portfolio
- 10.21.4 Business Strategy
- 10.21.5 Recent Developments
- 10.1 Amazon
List Of Figures
Figures No 1 to 38
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2032
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- Amazon
- Ashley Furniture
- AtHome
- Bob’s Discount Furniture
- Costco
- Crate & Barrel
- Ethan Allen
- Havertys
- Home Depot
- IKEA
- Kirkland’s
- Lowe’s
- Nebraska Furniture Mart
- Pier 1 Imports
- Raymour & Flanigan
- Target
- TJ Maxx
- Tuesday Morning
- Walmart
- Wayfair
- Others
FAQs
The Intense Competition from Substitute Products is major restraint in global Decorative Shelves market.
The Rising Demand for Home Decoration is major driver in global Decorative Shelves market.
The “Wall-mounted Decorative Shelves” category dominated the market in 2022.
The key players in the market are Amazon, Ashley Furniture, AtHome, Bob’s Discount Furniture, Costco, Crate & Barrel, Ethan Allen, Havertys, Home Depot, IKEA, Kirkland’s, Lowe’s, Nebraska Furniture Mart, Pier 1 Imports, Raymour & Flanigan, Target, TJ Maxx, Tuesday Morning, Walmart, Wayfair, Others.
“North America” had the largest share in the Decorative Shelves Market.
The global market is projected to grow at a CAGR of 6.84% during the forecast period, 2023-2032.
The Decorative Shelves Market size was valued at USD 6.6 Billion in 2023.