Decorative Accessories Market Report 2025 (Global Edition)

Global Decorative Accessories Market Report 2025 Market Size Split by Product Type (Lamp & Lighting, Pottery & Vases, Home Décor, Pillows, Rugs, Others), by Application (Residential, Institutions, Co...

Decorative Accessories Market Report Description

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How 2025 Tariffs Are Reshaping the Consumer Goods Industry

In 2025, the global trade landscape has shifted dramatically following the U.S. introduction of sweeping tariffs under President Donald Trump’s administration. These "Liberation Day Tariffs," launched in April, aim to reduce trade deficits and boost domestic manufacturing. Tariffs range from 10% on imports from countries like the UK and Australia to 46% on Vietnamese goods, with a blanket 34% tariff on many Chinese imports and 25% on all steel, aluminum, and auto parts. This policy heavily impacts the consumer goods sector apparel, appliances, packaged foods, and personal care products due to their deep reliance on global supply chains, especially in Asia. U.S.–China trade tensions have intensified, with reciprocal tariffs reaching up to 145% on U.S. goods and 125% on Chinese exports, while China’s trade surplus with the U.S. hit USD 102.6 billion in March 2025. In response, the EU and Canada have implemented retaliatory measures, signaling a broader shift toward protectionism.

The consumer goods industry is feeling immediate effects: production costs are rising, sourcing is delayed, and inflation pressures are mounting. Apparel and footwear now face 25% tariffs, prompting brands to seek nearshoring options or raise prices. Household appliances incur 20% tariffs, complicating inventory and procurement strategies. Packaged foods and beverages are hit with 10–15% tariffs, impacting contracts and leading to supplier diversification and product reformulation. Personal care firms face higher costs for imported ingredients and packaging, leading to local sourcing efforts and delays in new product launches. Meanwhile, electronics, though temporarily exempt, are preparing for possible disruptions by diversifying suppliers and increasing inventories.

China remains the backbone of U.S. consumer goods sourcing, accounting for a large portion of imports either directly or through upstream components. This makes tariffs on Chinese goods especially disruptive. The rising input costs 15–30% in many categories combined with seasonal pressures and tight timelines, are causing delays and increased costs. Smaller brands, in particular, are struggling due to limited capital and reduced supplier leverage. Many are being forced to increase prices, cut product variety, or compromise on quality.

Market research is now critical to navigating this volatile environment. It supports supplier mapping and risk assessment, helping brands identify alternative sourcing countries with stable regulations and quality control. It also aids in cost and margin analysis, guiding decisions on pricing and sourcing changes. Optimization of product design and materials through research allows companies to reduce costs while maintaining consumer expectations. Additionally, research helps assess consumer price sensitivity, enabling strategic repositioning. Tracking regulatory changes and running scenario planning models allow firms to anticipate and adapt to future trade shifts.

To cope, companies are restructuring their global sourcing models. Major brands like Nike and IKEA are expanding operations in Vietnam, India, and Mexico, while embracing “in-market for market” strategies to reduce exposure to tariffs and logistics risks. Many are adopting AI-driven demand forecasting and automated procurement, and pushing suppliers for transparency. Product redesign and SKU rationalization are also common. The most successful firms are those using data-driven insights, operational flexibility, and strategic supplier partnerships to adapt not just survive in this new era of global trade.

Decorative Accessories Market Insights Video

Competitive Landscape of the Decorative Accessories Market

The competitive landscape of the decorative accessories industry is distinguished by its variety of participants competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established home décor manufacturers, specialized decorative accessories companies, and emerging startups with the goal of disrupting the market with creative ideas.

April 2023: IKEA made a big announcement by revealing a USD 2.2 billion investment plan for its omnichannel development in the US. The Swedish furniture company plans to update its storefront layout, improve its fulfillment skills, and launch a customized product line to cater to the changing demands of American families. IKEA has been in the US market for four decades, and this investment is the company's largest commitment to date. (Source: https://www.ikea.com/us/en/newsroom/corporate-news/ikea-announces-usd2-2-billion-investment-to-grow-in-the-u-s-pub50be6e70) March 2023: IKEA and charitable organization Little Sun announced a collaboration to launch the SAMMANLÄNKAD series, which includes a table lamp and a smaller portable lamp that runs on solar power. The light source on the former detaches from the stand to be used as a flashlight, and it may be used as a table or pendant lamp. The latter has a yellow strap that can be used hands-free or to hang from a backpack or window to use and charge. (Source: https://acc.about.ikea.com/aboutikea/newsroom/2023/03/29/ikea-and-little-sun-launch-sammanlankad-exploring-light-sources-powered-by-the-sun) October 2022: The Shoulder Zoned Gel ActiveDough Pillow had been launched, according to a statement from Malouf, a bedding manufacturer based in the United States. The pillow's design combines memory foam and latex to ease pain points and improve sleep. (Source: https://www.maloufhome.com/blog/malouf-to-release-shoulder-zoned-gel-activedough-pillow-at-high-point-market/?srsltid=AfmBOoqSeArPNbaMEmVoOiGyWmMEvufwa2UvAOIs8JB7fET4O8diP3hf)

Top Companies Market Share in Decorative Accessories Industry: (In no particular order of Rank)

• Lowes Companies
• Inc.
• Berkshire Hathaway Inc.
• Kimball International Inc.
• Forbo Holding AG.
• Armstrong World Industries Inc.
• Mohawk Industries Inc.
• Ashley Furniture Ltd
• IKEA Holdings B.V.
• Home Depot Inc.
• Herman Miller
• Inc.
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Decorative Accessories Market

Which Region Dominates the Decorative Accessories Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. Numerous important reasons have contributed to the strong demand for decorative accessories in North America's residential sector. Both homeowners and renters are making greater investments in the aesthetics of their homes as a result of rising disposable money and a growing interest in DIY projects. The widespread appeal of home restoration programs, social networking sites like Instagram and Pinterest, and the impact of interior design trends have exacerbated this need. The popularity of remote work has led to a growth in the number of people designing cozy and visually beautiful home offices. Furthermore, as e-commerce has expanded, decorative items have become more widely available, increasing demand in North America.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Decorative Accessories market. The rise of tourism and hospitality in the Asia Pacific region is driving generally strong demand for decorative accessories in hotels and resorts, but this differs by nation. Luxurious and themed décor that combines modern luxury with traditional elements is popular in China. Japan places a strong emphasis on natural materials and minimalist accessories with Zen influences to encourage calm. With a focus on tropical and cultural aesthetics, Thailand and Indonesia use natural fabrics like rattan and local crafts. Vibrant, elaborate accessories that highlight regional craftsmanship are becoming increasingly popular in India. Australia caters to sustainable tourism trends by favoring contemporary, environmentally friendly architecture with a coastline element. These choices emphasize the region's emphasis on distinctive visitor experiences as well as its cultural variety.

The current report Scope analyzes Decorative Accessories Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Decorative Accessories Market Analysis

According to Cognitive Market Research, the global Decorative Accessories market size was estimated at USD 183254.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 73301.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Decorative Accessories market with a market size of USD 57835.03 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. The US has a robust home remodeling culture, which supports a high demand for decorative items as people try to update and personalize their rooms.
• The Canada Decorative Accessories market had a market share of USD 8796.20 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. Canadians invest in festive and seasonal décor, which is indicative of a society that honors a variety of holidays and changing seasons.
• The Mexico Decorative Accessories market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 6670.45 million in 2024.

Europe Decorative Accessories Market Analysis

According to Cognitive Market Research, the global Decorative Accessories market size was estimated at USD 183254.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 54976.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• The United Kingdom Decorative Accessories market had a market share of USD 9236.01 million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. The diversified populace of the UK is drawn to a range of decor styles, including modern and traditional.
• The France Decorative Accessories market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 5057.82 million in 2024.
• According to Cognitive Market Research, the German Decorative Accessories market size was valued at USD 10885.30 million in 2024 and is projected to grow at a CAGR of 7.2% during the forecast period. Germans are known for their preference for simple, practical, and streamlined interior design, which has an impact on popular accessory styles.
• The Italy Decorative Accessories market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 4727.96 million in 2024.
• The Russian Decorative Accessories market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 8521.32 million in 2024.
• The Spain Decorative Accessories market is projected to witness growth at a CAGR of 6.1% during the forecast period with a market size of USD 4508.05 million in 2024
• The Luxembourg Decorative Accessories market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 1704.26 million in 2024.
• The Portugal Decorative Accessories market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 1154.50 million in 2024.
• The Greece Decorative Accessories market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 659.72 million in 2024.
• Rest of Europe's Decorative Accessories market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 8521.32 million in 2024.

Asia Pacific Decorative Accessories Market Analysis

According to Cognitive Market Research, the global Decorative Accessories market size was estimated at USD 183254.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 42148.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Decorative Accessories market size was valued at USD 18966.81 million in 2024 and is projected to grow at a CAGR of 10.0% during the forecast period. Fast urbanization in China is driving up demand for fashionable interior design in newly constructed homes.
• The Japan Decorative Accessories market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 5816.49 million in 2024.
• The India Decorative Accessories market had a market share of USD 5057.82 million in 2024 and is projected to grow at a CAGR of 12.3% during the forecast period. Significant sales surges in India are driven by the increased demand for decorative items during festivals and weddings.
• The South Korean Decorative Accessories market is projected to witness growth at a CAGR of 9.6% during the forecast period, with a market size of USD 4214.85 million in 2024.
• The Australian Decorative Accessories market is projected to witness growth at a CAGR of 10.2% during the forecast period, with a market size of USD 2191.72 million in 2024.
• The South East Asia Decorative Accessories market is projected to witness growth at a CAGR of 11.5% during the forecast period, with a market size of USD 2908.24 million in 2024.
• The Rest of Asia Pacific Decorative Accessories market is projected to witness growth at a CAGR of 10.3% during the forecast period, with a market size of USD 2992.54 million in 2024.

South America Decorative Accessories Market Analysis

According to Cognitive Market Research, the global Decorative Accessories market size was estimated at USD 183254.2 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 9162.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Decorative Accessories market size was valued at USD 3921.64 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. The popularity of handcrafted decor products is a reflection of Brazilian culture's appreciation of regional craftsmanship.
• Argentina's Decorative Accessories market had a market share of USD 1539.34 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. The need for a wide range of decorative accessories is driven in Argentina by a widespread interest in both classic and modern styles.
• Colombia's Decorative Accessories market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 815.48 million in 2024.
• Peru's Decorative Accessories market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 751.34 million in 2024.
• Chile's Decorative Accessories market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 659.72 million in 2024.
• The Rest of Latin America's Decorative Accessories market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 1475.20 million in 2024.

Middle East Decorative Accessories Market Analysis

According to Cognitive Market Research, the global Decorative Accessories market size was estimated at USD 183254.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 3665.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031..

• The GCC Countries Decorative Accessories market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 1568.66 million in 2024. The demand for upscale decorative accessories is rising in the GCC countries due to a surge in residential and commercial real estate developments.
• The Egypt Decorative Accessories market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 384.83 million in 2024.
• The South African Decorative Accessories market is projected to witness growth at a CAGR of 9.2% during the forecast period, with a market size of USD 579.08 million in 2024. The need for contemporary, useful decorative items for homes in metropolitan areas is being driven by South Africa's increasing urbanization.
• The Turkey Decorative Accessories market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 315.20 million in 2024.
• The Nigeria Decorative Accessories market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 384.83 million in 2024.
• The Rest of the MEA Decorative Accessories market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 432.48 million in 2024.

Decorative Accessories Market Analysis

How are Segments Performing in the Global Decorative Accessories Market?

Decorative Accessories Market Product Type Segment Analysis

According to Cognitive Market Research, Lamp & Lighting stands out as the dominant category over the projected period. Because they improve both usefulness and beauty, lamps and lighting are becoming more and more in demand in the market for decorative accessories. In order to create ambiance and enhance their home and business surroundings, consumers are looking for creative designs, energy-efficient options, and smart lighting solutions. Trends include customized LED lighting that works with smart home systems, as well as industrial and minimalist designs. Interest has also increased due to the growth of remote work and home renovation initiatives. Lighting solutions are essential for both functional use and aesthetic appeal.

Pottery & Vases emerges as the fastest-growing category in the Decorative Accessories market. The market for decorative accessories has varying regional demand for pottery and vases. Artisanal and handcrafted vases are very popular in North America, which is in line with the trend toward one-of-a-kind, customized home design. European ceramic designs are elegant and classic, with an increasing focus on sustainable materials. Both modern and traditional vases are widely used in the Asia Pacific, particularly in China and Japan, where they frequently feature intricate craftsmanship and cultural themes. Bright, vibrant ceramics from Latin America are on display, adhering to regional creative customs. The desire for environmentally friendly and sustainable materials is growing worldwide, which is having an impact on market dynamics.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Decorative Accessories Industry. Request a Free Sample PDF!

Decorative Accessories Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is Residential. In the residential sector, there is a strong demand for decorative items due to the desire for unique and fashionable living environments. In order to improve convenience and aesthetics, homeowners are spending more money on accessories like wall art, decorative lighting, rugs, and throw cushions. Bohemian-chic décor with woven textiles and bold patterns, minimalist designs with streamlined, useful accessories, and environmentally friendly materials like bamboo and recycled glass are all popular trends. For instance, highly sought-after examples of broader design preferences and lifestyle changes include mid-century contemporary furniture mixed with abstract art or Scandinavian-inspired decor with natural components and neutral tones.

The fastest-growing category in the Decorative Accessories market is Corporate Offices. As companies look to create welcoming and efficient work environments, there is an increasing demand for decorative items in corporate offices. Businesses spend money on things like attractive office furniture, artistic wall décor, and ornamental planters to improve aesthetics and raise staff morale. Tech corporations like Microsoft use sleek, minimalistic designs and ergonomic gadgets to improve workspace performance, while Google's offices showcase colorful, whimsical decor and innovative art installations to stimulate innovation. Furthermore, the use of biophilic design components to promote well-being and lessen stress in the workplace is growing. Examples of these elements are living green walls and natural light fixtures.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Decorative Accessories Distribution Channel Segment Analysis

Decorative Accessories Market Distribution Channel Segment Analysis

According to Cognitive Market Research, the dominant category is Specialty Stores. Specialty stores have a high demand for decorative items because of their distinctive, well-curated inventory and customized shopping experiences. Customers looking for unique and superior décor are drawn to specialty businesses like Pottery Barn and Anthropologie because they provide unique products like handcrafted ceramics, bespoke furniture, and luxurious textiles. Their attractiveness is increased by the fact that these establishments frequently showcase partnerships with regional designers and artists. While Crate & Barrel's emphasis on modern, trendy design appeals to consumers seeking contemporary home decorations, West Elm's concentration on sustainable, handcrafted items draws eco-conscious customers. In this specialized sector, significant sales and client loyalty are driven by individualized service and carefully chosen products.

The fastest-growing category in the Decorative Accessories market is Hypermarkets/Supermarkets. Because of their extensive product selection and affordable prices, hypermarkets and supermarkets are seeing an increase in demand for and sales of decorative items. These retailers, which include Walmart and Carrefour, target shoppers on a tight budget by providing reasonably priced home décor items, including lamps, vases, and cushions. For example, Walmart's home goods and seasonal decor areas offer a wide range of styles at reasonable rates, making them appealing to a wide range of consumers. Comparably, Carrefour's home décor aisles draw customers eager to make last-minute changes to their living areas with their stylish, reasonably priced accessories. These retailers consistently increase demand and sales in this area with their value-driven approach and convenience.

• Hypermarkets/Supermarkets
• Specialty Stores
• Departmental Stores
• Online
• Others

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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