Global Home Decor Market Purchasing Intelligence Report Will Have Additional Spending of $3.54 Billion | ExpenseEdge

NEW YORK, April 19, 2022 /PRNewswire/ — The interior design market is growing at a pace CAGR of 1.50% over the five-year forecast period. A targeted, strategic approach to interior design sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic.

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Key highlights offered in the report:

  • Information on how to identify strategic and tactical trading levels that will achieve the best prices.
  • Get information on relevant pricing tiers, detailed explanations of the pros and cons of common pricing models.
  • Methods to help engage with the right vendors and uncover KPIs to evaluate incumbent vendors.

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Insights on buyer strategies and tactical trading levers:

Several strategic and tactical bargaining levers are explained in the report to help buyers get the best prices for the Interior Design market. The report also helps buyers with pricing tiers, pros and cons of common pricing models such as volume-based pricing, spot pricing, and category pricing and management strategies and best practices for achieve their category goals.

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

Key Drivers and Trends Fueling Market Growth:

Pressure from substitutes and a moderate level of threat from new entrants have resulted in weak bargaining power for suppliers.

Price forecasts are beneficial in planning purchases, 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 opportunities in interior design TCO (total cost of ownership).
  • Expected changes in price predictions and factors driving current and future price changes.
  • Identify the pricing models that offer the most rewarding opportunities.

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Some of the best interior design providers listed in this report:

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

  • Gensler. M Arthur Gensler Jr. & Associates Inc.
  • PERKINS&WILL
  • HOK Group Inc.

Get the details you’re 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 vendors in the market.
  • What marketing budget to set aside for geographic market expansion.
  • Understand the most-adopted sourcing strategies by buyers across industries.

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Contents

  • Summary
  • Market overview
  • Overview of category prices
  • Cost reduction opportunities
  • Best Practices
  • Category Ecosystem
  • Category management strategy
  • Category management tools
  • Selection of suppliers
  • Undercover providers
  • US Market Outlook
  • Category scope
  • Annex

About SpendEdge:

ExpenseEdge shares your passion for sourcing and sourcing excellence. We are the preferred procurement market intelligence partner for more than 120 Fortune 500 companies and other leading companies across many industries. Our strength lies in providing reliable, real-time reports and solutions in the supply market.

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