Global Industry Background & 2026 Market Data for Home Furnishings Market
Explore 2026’s top trends, technical standards, and bulk procurement strategies for home decor set for living room. Solve B2B buyers’ core pain points with sustainable, stylish solutions.
The global home furnishings market, which encompasses living room decor sets, is projected to reach 1042.4 billion in 2026, with a compound annual growth rate (CAGR) of 5.1% through 2035 . Within this, the living room furniture and decor sub-sector—valued at 238.0 billion in 2024—is expected to hit $346.31 billion by 2032, growing at a CAGR of 4.8% . Key market drivers include accelerating urbanization (global urban residency reached 58% in 2025), rising home renovation activities, and increased disposable incomes, particularly in Asia-Pacific markets like India and China where middle-class expansion has boosted demand for modern decor solutions by 35% .
Regional dynamics highlight distinct opportunities: North America leads with over 40% adoption of premium home decor sets, while Asia-Pacific follows at 30% due to rapid urban growth . Europe maintains steady demand for sustainable and vintage-inspired designs, and Latin America shows emerging potential with rising urbanization rates exceeding 80% . Notably, B2B ecommerce has become the top revenue channel for home decor sales, accounting for 34% of global revenue, as buyers increasingly prioritize self-serve product discovery, transparent pricing, and real-time inventory access .
