Saudi Arabia Interior Design Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 4.08 Billion |
| Market Size (2029) | USD 6.52 Billion |
| CAGR (2024 - 2029) | 9.80 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Saudi Arabia Interior Design Market Analysis
The Saudi Arabia Interior Design Market size is estimated at USD 4.08 billion in 2024, and is expected to reach USD 6.52 billion by 2029, growing at a CAGR of 9.80% during the forecast period (2024-2029).
Saudi Arabia's interior designing market is thriving based on the rising construction sector in the country. A diverse range of projects is taking place in the country which requires interior products.
An increase in the number of real estate projects for retail, commercial, and hospitality along with increasing demand for residential properties combined with government initiatives to develop infrastructure is expected to drive the interiors market. For instance, Jumbo projects such as the Red Sea Development project and King Abdullah Economic City are attracting various international and regional interiors and fit-out designers to work on the projects.
Massive opportunity for interiors lies in the educational sector and healthcare facilities in the country. Nations Vision 2030 along with Index Saudi, are some of the country's events that are expected to fuel more investments in the coming years for interior design and fit-out sectors. The index is 2021 has planned to invest around 18 billion helping to connect suppliers with kind of buyers overseeing projects in the Saudi market.
Saudi Arabia Interior Design Market Trends
This section covers the major market trends shaping the Saudi Arabia Interior Design Market according to our research experts:
Residential Sector Accounted for Major Interior Projects in the Country
The residential sector is taking top place in the Saudi's interior market. There is a replacing demand for high-quality interiors services which can be attributed to the entrance of new residential projects in the country. New residential projects such as the Avenues Mall and King Abdullah Financial District are investing around 10.7 Billion USD in the construction of various residential, and commercial projects which are projected to lead to the demand of residential interiors and add to the profitability of the segment. On the other hand, the PIF plans to develop around 350,000 homes at various locations across the Kingdom, via a public-private investment model which can further lead to a surge in interior designing services in the country.
Hotel Interior Projects Likely to Rise with Increasing Hotel Establishments
The interior design services and new projects are rises in the country which not only includes hospitality-related projects there is a rise in leisure attractions and renovations of existing structures. The country is going to be the host for the G-20 summit with a boom in construction and hospitality-related projects the tourism influx is expected to drive the interior designing services in the market. There is an increasing focus on hospitality-related projects in the country which is likely to need designing and decor services in the country. In, Hotel decor services there is an untapped opportunity for modern hotel designs that suit the nature of hotel and target customers.
Saudi Arabia Interior Design Industry Overview
Saudi Arabia interior design market is competitive with various local and global players present in the market. Developers, contractors, and suppliers are increasingly stressing on cost-value engineering, materials, and design which are all part of shaping the interior designing industry. Major players in the market are located in Riyadh and the interior design market has potential for development owing to major construction projects in the country.
Saudi Arabia Interior Design Market Leaders
Idegree Design
Jida Design
Esperiri Milano
Aala Qahtani Architects
Huda Lighting
*Disclaimer: Major Players sorted in no particular order
Saudi Arabia Interior Design Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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2.1 Analysis Methodology
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2.2 Research Phases
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3. EXECUTIVE SUMMARY
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4. MARKET INSIGHTS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Market Opportunities
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4.5 Value Chain/ Supply Chain Analysis
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4.6 Porter's Five Forces Analysis
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4.6.1 Threat of New Entrants
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4.6.2 Bargaining Power of Buyers/Consumers
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4.6.3 Bargaining Power of Suppliers
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4.6.4 Threat of Substitute Products
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4.6.5 Intensity of Competitive Rivalry
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4.7 Insights on Government Regulations in the Market
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4.8 Insights on Latest Trends in Interior Design Market
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4.9 Insights on Technological Innovations in the Market
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4.10 Insights on Impact of COVID- 19 on the Market
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5. MARKET SEGMENTATION
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5.1 By End-Use
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5.1.1 Residential
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5.1.2 Commercial
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5.1.2.1 Hospitality
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5.1.2.2 Offices
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5.1.2.3 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Market Concentration Overview
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6.2 Company Profiles
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6.2.1 Idegree Design
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6.2.2 Huda lighting
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6.2.3 JIDA Design
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6.2.4 Esperiri Milano
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6.2.5 Aala Qahtani Architects
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6.2.6 Aljeel Architects
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6.2.7 Amsad Architectural Associates
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6.2.8 Architectural Scene
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6.2.9 C&P
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6.2.10 Comelite Architecture and Structure
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6.2.11 D&D Est.
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- *List Not Exhaustive
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7. FUTURE OF THE MARKET
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8. DISCLAIMER
Saudi Arabia Interior Design Industry Segmentation
Saudi Arabia Interior Design Market report offers exhaustive dynamics of the marekt with complete background analysis of market which includes an assessment of the National accounts, economy, and the emerging market trends by segments. The company profiles of the leading player are also covered in the report.
| By End-Use | |||||
| Residential | |||||
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Saudi Arabia Interior Design Market Research FAQs
How big is the Saudi Arabia Interior Design Market?
The Saudi Arabia Interior Design Market size is expected to reach USD 4.08 billion in 2024 and grow at a CAGR of 9.80% to reach USD 6.52 billion by 2029.
What is the current Saudi Arabia Interior Design Market size?
In 2024, the Saudi Arabia Interior Design Market size is expected to reach USD 4.08 billion.
Who are the key players in Saudi Arabia Interior Design Market?
Idegree Design, Jida Design, Esperiri Milano, Aala Qahtani Architects and Huda Lighting are the major companies operating in the Saudi Arabia Interior Design Market.
What years does this Saudi Arabia Interior Design Market cover, and what was the market size in 2023?
In 2023, the Saudi Arabia Interior Design Market size was estimated at USD 3.72 billion. The report covers the Saudi Arabia Interior Design Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Interior Design Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Saudi Arabia Interior Design Industry Report
Statistics for the 2024 Saudi Arabia Interior Design market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Interior Design analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
