Product Code: ETC006032 | Publication Date: Jun 2023 | Updated Date: Feb 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Russia Home Decor Market registered a growth of 40.6% in value shipments in 2021 as compared to 2020 and an increase of 11.22% CAGR in 2021 over a period of 2017. In Home Decor Market Russia is becoming less competitive as HHI index in 2021 was 7798 while in 2017 it was 5018. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Russia's home decor market is expected to grow significantly over the next few years as rising incomes and an expanding middle class open up opportunities for higher-end products. The Russian housing market grew at a strong rate in 2020, with new construction increasing by 7.7%, while the construction of residential units increased by 10%. This has helped push demand for furniture and decorations, creating a growing demand for high-end items from manufacturers such as IKEA and Pottery Barn. Additionally, Russias expanding online retail industry has helped boost sales of home decor products due to its convenience and broad product selection. Over the past few years, several major international brands have entered the market including Italian giants like Poliform and Molteni&C that now offer premium furniture in Moscow stores. As disposable incomes rise further in 20212022, this trend is only likely to increase which will create growth opportunities across all segments of the home decor space.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Russia Home Decor Market Overview |
3.1 Russia Country Macro Economic Indicators |
3.2 Russia Home Decor Market Revenues & Volume, 2019 & 2026F |
3.3 Russia Home Decor Market - Industry Life Cycle |
3.4 Russia Home Decor Market - Porter's Five Forces |
3.5 Russia Home Decor Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Russia Home Decor Market Revenues & Volume Share, By Application Types, 2019 & 2026F |
3.7 Russia Home Decor Market Revenues & Volume Share, By Distribution Channels, 2019 & 2026F |
4 Russia Home Decor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Russia Home Decor Market Trends |
6 Russia Home Decor Market, By Types |
6.1 Russia Home Decor Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Russia Home Decor Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Russia Home Decor Market Revenues & Volume, By Furniture, 2016 - 2026F |
6.1.4 Russia Home Decor Market Revenues & Volume, By Textile, 2016 - 2026F |
6.1.5 Russia Home Decor Market Revenues & Volume, By Flooring, 2016 - 2026F |
6.1.6 Russia Home Decor Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Russia Home Decor Market, By Application Types |
6.2.1 Overview and Analysis |
6.2.2 Russia Home Decor Market Revenues & Volume, By Indoor, 2016 - 2026F |
6.2.3 Russia Home Decor Market Revenues & Volume, By Outdoor, 2016 - 2026F |
6.3 Russia Home Decor Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 Russia Home Decor Market Revenues & Volume, By Supermarkets and Hypermarkets, 2016 - 2026F |
6.3.3 Russia Home Decor Market Revenues & Volume, By Home Décor Stores, 2016 - 2026F |
6.3.4 Russia Home Decor Market Revenues & Volume, By Gift Shops, 2016 - 2026F |
6.3.5 Russia Home Decor Market Revenues & Volume, By Online Stores, 2016 - 2026F |
6.3.6 Russia Home Decor Market Revenues & Volume, By Others, 2016 - 2026F |
7 Russia Home Decor Market Import-Export Trade Statistics |
7.1 Russia Home Decor Market Export to Major Countries |
7.2 Russia Home Decor Market Imports from Major Countries |
8 Russia Home Decor Market Key Performance Indicators |
9 Russia Home Decor Market - Opportunity Assessment |
9.1 Russia Home Decor Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Russia Home Decor Market Opportunity Assessment, By Application Types, 2019 & 2026F |
9.3 Russia Home Decor Market Opportunity Assessment, By Distribution Channels, 2019 & 2026F |
10 Russia Home Decor Market - Competitive Landscape |
10.1 Russia Home Decor Market Revenue Share, By Companies, 2019 |
10.2 Russia Home Decor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |