Press release
Interior Design Market to Witness Comprehensive Growth by 2034 | Shawmut Design and Construction, Inc., IA Interior Architects, Inc
Key Takeaways
The interior design market study covers 20 countries. The research includes a segment analysis of each country in terms of value ($Billion) for the projected period 2024-2034.
More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major interior design industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
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Market Segmentation
The interior design market is segmented by type, price, end user, and region. By type, the market is classified into newly decorated and repeated decorated. By price, it is bifurcated into economy and luxury. By end user, the market is divided into commercial and residential. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Regional/Country Market Outlook
Increase in urbanization, construction activities, and demand for customized, high-end interiors has made North America the leading region in the market. The region has experienced significant investment in home renovations, luxury furniture, and professional interior design services. The growth in integration of smart home technologies, such as IoT-enabled lighting and climate control systems, is further fueling market demand for interior design among consumers.
Increase in urbanization and rising disposable incomes in the Asia-Pacific region are creating significant growth opportunities for the market. As more people move to urban areas, demand for residential and commercial spaces, along with professional design services, is anticipated to increase rapidly. The growing middle class is seeking personalized and high-quality interiors, driving the market for luxury and customized designs.
Sustainability trends are gaining momentum, with eco-friendly materials and energy-efficient solutions becoming a priority for consumers. Furthermore, the increase in adoption of smart home technologies offers opportunities for integrating IoT and automation into interior designs, expanding opportunities during the interior design market forecast period.
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The major players operating in the market include Gensler
Perkins and Will, Inc.
HOK Group, Inc.
AECOM Technology Corporation
Shawmut Design and Construction, Inc.
Hirsch Bedner Associates, LLC
Foster and Partners LLP
IA Interior Architects, Inc.
Wilson Associates, Inc.
Rockwell Group, LLC
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