Online Home Décor Market in India to Grow at a CAGR of 50.42% over the Period 2014-2019; Finds New Report
Market Research Reports, Inc. has announced the addition of “Online Home Decor Market in India 2015-2019” research report to their website http://www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 06/04/2015 --Report forecast the online home décor market in India to grow at a CAGR of 50.42% in revenue over the period 2014-2019.
Home decor can be categorized as household furniture, home furnishings, and other decorative items such as lamps, artifacts, clay pots, and candles.
In India, the online selling of home decor products has gained momentum in recent years. Online vendors are able to offer a diverse range of products that can be used in indoor as well as outdoor spaces. Consequently, online customers have a plethora of options to choose from, including products from local and international manufacturers.
This report covers the present scenario and the growth prospects of the online home décor market in India for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the online home décor sales across various regions in India.
According to the report, urbanization has led to a change in the daily schedules and activities of people. The number of dual-income households has increased considerably in India. Consumers have to increasingly balance a hectic working lifestyle with the demands of home and family. This leaves consumers with less time for regular retail shopping. The consumer, thus, tends to rely heavily on online retailing. Also, furniture and furnishing shopping can be tedious compared to apparel or electronics, even for small purchases. This is where online shopping plays a crucial role. It helps deliver the products at the customer's doorstep, without affecting the customer's time and schedule.
Online Home Décor Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key players in the online home decor market in India: FabFurnish.com (Alix Retail), Pepperfry.com (Trendsutra Platform Services), Roomstory.com (Azure Online Ventures), Urban Ladder and Zansaar.com
Other Prominent Vendors in the market are: Bedbathmore.com, D'decor Home Fabrics, Flipkart, Jabong, Mebelkart, Snapdeal, Style Spa and The Label
Market driver
- Convenient payment options
- For a full, detailed list, view our report
Market challenge
- Lack of infrastructure
- For a full, detailed list, view our report
Market trend
- Increased demand for online retailing in tier II and tier III cities
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 76 pages, "Online Home Decor Market in India 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Online Retail in India, Market Landscape, Market Segmentation by Product, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/online-home-decor-market-india-2015-2019
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