Market Trends of Saudi Arabia Interior Design Industry
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.
