According to the report by Expert Market Research (EMR), the global interior design services market size is projected to grow at a CAGR of 5% between 2024 and 2032. Aided by rising consumer demand for personalized kitchens and living rooms and the emergence of high-end interior design services, the market is expected to grow significantly by 2032.
Interior design services refer to the multifaceted profession that includes conceptual development, space planning, site inspections, programming, and research, communicating with the stakeholders of a project, construction management, and the execution of the chosen design. The pivotal aim is to enhance the user’s experience by better managing the space available in the intervened environment.
One of the significant interior design services market trends is the rapid rise in awareness about the importance of well-orchestrated interiors. Spaces, be it residential or commercial, are not just about physical structures anymore. They are seen as a reflection of one’s personality, values, and preferences. Contemporary consumers, with a discerning eye for design and aesthetics, are leaning towards customised, cohesive, and sustainable designs that not only beautify a space but also optimise its functionality.
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This surge in the interior design services market growth can also be attributed to technological advancements. Innovations in 3D visualisation tools allow designers and clients to visualise the end result even before the commencement of the project. This ensures clarity, reduces errors, and enhances customer satisfaction. Augmented Reality (AR) and Virtual Reality (VR) are further bolstering this trend, offering immersive design experiences and facilitating informed decision-making.
Another significant factor boosting the interior design services market demand is the growing focus on sustainable or “green” design. With the increasing awareness about environmental concerns, designers and clients alike are prioritising eco-friendly, sustainable materials and energy-efficient designs. This emphasis on sustainability is not just limited to materials but extends to energy-saving fixtures, natural lighting, and efficient space utilisation, aiming to reduce the environmental footprint of interiors.
Furthermore, the interior design services market analysis reveals the growing shift towards multifunctional and adaptive designs, especially in urban settings. Given the constraints of space in metropolitan areas, designs that can adapt to different needs and functions are gaining traction. Transformative furniture, modular kitchens, and adaptive living spaces are gaining popularity, catering to the evolving needs of modern urban dwellers.
Interior Design Services Market Segmentation
The market can be divided based on end-use and region.
Market Breakup by End-Use
- Commercial
- Residential
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape Interior Design Services Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global interior design services market. Some of the major players explored in the report by Expert Market Research are as follows:
- AECOM
- Gensler. M. Arthur Gensler Jr. & Associates Inc.
- Jacobs Engineering Group Inc.
- Perkins & Will International Group of Companies
- Stantec Inc.
- Others
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