The interior decoration market - Germany
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Study Overview
The home design market includes many different products with which we can decorate our home, such as:
Furniture Lights Carpets Textiles Accessories
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This market gathers a wide range of items of different assortments, which are used to decorate the interiors of homes. The annual growth of this market is 3.5% on a global scale. The global brands are therefore battling to gain new market shares. Consequently, they are all trying to follow the last Trends closely to be able to market the widest range of products. These developments affect specific aspects of these products especially:
The assortment & the price, The design, The customer experience (at the time of purchase).
The German home design market is also growing. German consumers are very concerned about the quality of the products they buy, and they prefer sustainable and environmentally friendly materials. The better-off consumers may step aside from the purchase of big international brands' products to consume locally-made decorative items instead. Those are made with refined and less environmentally harmful materials such as solid wood. Big brands like Ikea and Höffner are big players in the German market. They can offer high-quality products at affordable prices, which gives them an edge over the competition. On the other hand, new companies like Westwing have made a niche for themselves thanks to an innovative online shopping experience. Ultimately, sustainable and environmentally friendly products at a reasonable price are most sought after than anything else in the home design market in Germany. Since the Covid19 pandemic, online retail has evolved significantly. This has changed the consumption habits of German customers, who are now primarily looking for a premium shopping experience and fast delivery services.
Key takeaways
- Growth and sector challenges
- Demand analysis
- Market structure and organization
- Supply and pricing analysis
- Player segmentation
- Latest trends and innovations
Our methodology
Our method combines human expertise and a large corpus of sources, including exclusive and private data, for optimal understanding of the sector
Broad source base
- • National, international, and private databases
- • Professional press and polling institutes
- • Industry reports, company financial statements...
Exclusive data
- • Indexpresse sectoral database
- • Preferred Brands database
- • Expert interviews and proprietary indicators
Human expertise
- • Experienced research analysts
- • Know-how developed through 1500+ studies
- • In-depth and rigorous analysis
Visual and actionable reports
- • Graphic studies with synthetic structure
- • Downloadable data
- • Link to original sources
Sommaire
1. Synthèse du marché
- 1.1 Introduction
The interior decoration market - Germany
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