Global Home Decor Market Buying Intelligence Report Will Have Additional Spend of $ 3.54 Billion | Edge Expense

NEW YORK, October 5, 2021 / PRNewswire / – The interior design market is growing at a CAGR of 1.50% over the five-year forecast period. A focused, strategic approach to interior design sourcing can open up several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic.

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Interior Design Market Purchasing Research Report

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Highlights presented in the report:

  • Information on how to identify strategic and tactical trading levels that will get the best prices.

  • Get information on relevant pricing levels, detailed explanations of the pros and cons of common pricing models.

  • Methods to help engage with the right suppliers and discover KPIs to assess existing suppliers.

Get a free sample report for more information

Overview of buyer’s strategies and tactical negotiation levers:
Several strategic and tactical negotiating levers are explained in the report to help buyers achieve the best prices in the interior design market. The report also helps buyers know the relevant price points for interior design, the pros and cons of common pricing models, such as volume-based pricing, spot prices, mark-up prices, Category management strategies and best practices for achieving their category goals.

For more information on buyers’ strategies and tactical negotiation levers, www.spendedge.com/report/interior-design-sourcing-and-procurement-intelligence-report

Key Drivers and Trends Driving Market Growth:
Pressure from substitutes and a moderate level of threat from new entrants has resulted in weak bargaining power from suppliers.

Price forecasts are beneficial in purchasing planning, especially when complemented by constant monitoring of price influencing factors. During the forecast period the market expects a variation of 3.00% to 4.00%.

  • Identify favorable TCO (total cost of ownership) opportunities in interior design.

  • Expected changes in price forecasts and factors determining current and future price changes.

  • Identify the pricing models that offer the most rewarding opportunities.

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Some of the top interior design vendors listed in this report:
This interior design sourcing intelligence report has identified top vendors and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

Get the details you are looking for:

Purchase our in-depth market analysis report to find out:

  • Changing market landscape with annual forecast to 2025.

  • Analyze the competitive landscape and the suppliers of the market.

  • How much marketing budget to set aside for geographic expansion of the market.

  • Understand the sourcing strategies most adopted by buyers in all industries.

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Contents

  • Abstract

  • Market Snapshot

  • Category pricing information

  • Cost reduction opportunities

  • Best practices

  • Ecosystem Category

  • Category management strategy

  • Category management facilitators

  • Selection of suppliers

  • Covered suppliers

  • US Market Snapshot

  • Scope of the category

  • Annex

About SpendEdge:
Edge Expense shares your passion for sourcing and sourcing excellence. We are the preferred sourcing market intelligence partner for more than 120 Fortune 500 companies and other leading companies in many industries. Our strength lies in providing robust, real-time reporting and solutions for purchasing market information.

Contacts
Edge Expense
Anirban Choudhury
Marketing Manager
Phone number: +1 (872) 206-9340
https://www.spendedge.com/contact-us

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