Interior Designers in the US - Industry Market Research Report

Interior Designers in the US - Industry Market Research Report

Interior Designers in the US

Economic performance and construction activity are two major factors influencing growth for interior designers. Residential and commercial markets are interior designers' vital downstream markets. While both markets adjust spending on interior design based on changes in economic activity, the mix of residential and commercial designers balances the effect on the industry. For instance, positive trends in consumer spending and the housing market over the past five years have offset shakier activity in the nonresidential sphere. Rising consumer spending in recent years has benefited independent designers, the bulk of the profession, as homeowners spent more on interior design overall. Over the past five years, strong performance has expanded revenue at a CAGR of 3.6% to $25.5 billion and sustained the average profit margin.

This industry comprises operators that design architectural interiors and their furnishings. In their operations, interior designers take into account building codes, health and safety regulations, traffic patterns, floor planning, electrical needs, interior fittings and furniture. These services are used by the hospitality, healthcare, commercial and residential sectors.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."