Global Interior Design Services Market to Grow at a CAGR of 5% During 2024-2032, Driven by the Demand for Customised and Aesthetic Spaces

The interior design services market demand is rising in residential and commercial construction projects with people becoming more inclined towards investing in building luxurious and comfortable spaces. Professionally designed interiors are carefully prepared by analysing the space’s requirements and including precisely selected important and aesthetic items. Interior designing helps to make an area most functional and decorative. The trend of customised interior designs has stimulated the service providers to create optimal designs that ensure near-zero wastage of space.

In the residential sector, the demand for these services is observed in projects such as remodelling of kitchens, bathrooms or to incorporate in new additions. The growing investments in infrastructure projects to expand the residential and commercial establishments is expected to invigorate the demand for interior design services globally.

The trend of incorporating sustainable and recycled materials to make trendy interiors has gained a considerable momentum. In recent times, interior designing significantly revolves around embracing natural and sustainable products to create relaxing and refreshing aesthetics. Some of the eco-friendly materials that are gaining popularity in the market include bamboo, cork, recycled glass, and reclaimed wood.

As an alternative traditional hardwood, the use of bamboo, a renewable resource, is rapidly growing. Further, bamboo and cork are free from harmful and toxic chemicals which make them a suitable choice for indoor applications. AECOM (NYSE: ACM) in 2022, engineered the Serpentine Pavilion that was more carbon-negative against the previous year and had a reusable foundation along with timber floor. Timber is a strong and durable versatile material which offers a range of possible designs. Such developments are expected to positively influence the market for interior design services.

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Market Analysis by End Use and Region:

• The market on the basis of end use can be divided into commercial and residential.

• The regional markets for cosmetics market include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The investment in the development of residential buildings and commercial complexes is growing. This is driven by the increase in government investments as well as rising net-worth of people.

• The demand for customised homes that give a relaxing and comforting environment along with ethereal aesthetics is growing. Further, as interior designers ensure the optimal use of the space and offer a professional look to the home or any other setting, their service has gained growth.

• Inclusion of eco-friendly and renewable materials in designing residential and commercial places has surged. As materials like bamboo and cork present a non-conventional yet appealing visual, their demand has taken off.

• The use of 3D visualisation software to simulate the designs and give a virtual look, feel, and walkthrough helps to give a more realistic understanding of the actual result and the appearance of the end product. This aids to make corrections virtually without having to make expensive amendments in real-life, aiding the interior design services market development.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for interior design services for the periods (2018-2023) and (2024-2032).

• The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the end use and regions of interior design services.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global interior design services market are AECOM, Gensler. M. Arthur Gensler Jr. & Associates Inc., Jacobs Engineering Group Inc., Perkins & Will International Group of Companies, and Stantec Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

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