This comprehensive report forecasts the global online home décor market to grow at a CAGR of 19.45% during the period 2016-2020.

Commenting on the report, an analyst from the research team said: Growing environmental consciousness and concern for a healthy environment have led to increased demand for eco-friendly furniture and other furnishings. Awareness of the effect of deforestation on climate change and the effects of toxic finishes in the air inside homes have led many furniture manufacturers to go green. Manufacturers offer a wide range of aesthetic furniture constructed using bamboo, which is stronger and harder than most other wood, including oak.

According to the report, in 2015, nearly 28% of the global population used smartphones. The e-commerce industry has significantly benefitted from this development, and home furniture and furnishings are important categories that have propelled the growth of the industry across regions. Consumers can now check and buy products online while on the move. This feature has led a significant number of vendors to conduct their business operations online. Vendors in the market also provide hassle-free home delivery options to customers.

(Source: Research and Markets)