Interior Design Services Market Size (2024 - 2029)

Interior Design Services Market Analysis

The Interior Design Services Market size is estimated at USD 137.93 billion in 2024, and is expected to reach USD 177.13 billion by 2029, growing at a CAGR of 5.13% during the forecast period (2024-2029).

During the COVID-19 pandemic, our attitude toward our home has changed significantly, affecting the entire interior design market. And according to the American Society of Interior Designers, 51% of designers have already adjusted to the new norm. The pandemic has dramatically changed consumption habits, as it happened during the previous one in 1918: People started to redesign their kitchens, bedrooms, and bathrooms.

Over the two years of the pandemic, more and more people began to visualize their living spaces, so brands started adopting AR technologies not as a gimmick but as a viable alternative to showcase their products and offerings. One of the most obvious applications is simply allowing consumers to place furniture in their current homes to see how it feels.

Globally, investments in real estate are increasing. Commercial real estate and co-working spaces are the most popular market investments. Interior design services will be demanded as the real estate market expands in the future. Many countries are strengthening their investments in tier 1 and tier 2 cities, which is boosting the number of interior designers in these cities around the world. Several architecture businesses are venturing into interior design. The interior design industry is primarily concentrated in urban areas.

China and Japan's massive construction industries are responsible for a significant percentage of the increase in the use of interior design solutions. Hotels and resorts updated their ancient buildings in readiness for the Olympic Games bringing in millions of foreign guests. Japan is one of the largest and fastest-growing markets for Finnish companies specializing in furniture and other interior design products, owing to the country's increased demand for interior design.

Interior Design Services Industry Segmentation

The interior design services market report provides an overview of the market with an exhaustive analysis of current market advancements. The report also focuses on the trends in production and consumption data of the product, policies and plans, cost structures, and manufacturing processes. Moreover, the company profile of the key manufacturers, along with a thorough analysis of the competitive landscape, is also provided.

The Interior Design Services Market is segmented by Type (Newly Decorated and Repeated Decorated), End User (Commercial and Residential), and Geography (North America, Europe, Asia-Pacific, South America, Middle-East, and Africa). The report offers market size and forecasts for the Global Interior Design Services Market in value USD billion for all the above segments.