Global Interior Design Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Interior Design Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Interior design is a kind of design that takes people living in the space as objects. Engineering and technical knowledge, as well as artistic theory and skills, are required, which generally refers to the planning of any related objects built indoors, including walls, windows, curtains, doors, surface treatment, materials, lights, air conditioners, water and electricity, environmental control systems, audio-visual equipment, furniture and decorations.

Market Overview:

The latest research study on the global Interior Design market finds that the global Interior Design market reached a value of USD 118415.71 million in 2022. It’s expected that the market will achieve USD 184697.74 million by 2028, exhibiting a CAGR of 7.69% during the forecast period.

Influence of COVID-19 Outbreak on Interior Design Industry Development

The impact of the novel coronavirus epidemic continues. F&B, tourism, film and other industries have been greatly affected, and the interior design industry, as a part of people's livelihood, is also under great pressure.
During the epidemic, the transaction volume of new houses and second-hand houses in most areas decreased, which caused the Interior Design industry to enter a short-term dilemma. In addition, the decoration willingness of commercial spaces, especially rooms such as homestays, hotels and restaurants, will be greatly affected during the epidemic. Not only the interior design companies and even the factory manufacturing industry suffered, but also the designers had to face the same problems. With the popularity of online office and the support of various technical departments, interior designers can actually work remotely. However, due to the fact that many technical posts are not in place on time in factories and production departments, it is not enough to form a perfect production flow. Even if the construction starts, consumers will choose to wait until the epidemic is over and then pay the deposit due to concerns such as delayed completion of decoration. In 2020, the business of interior design industry will be greatly affected in the first half of the year.
Affect interior design enterprises to attach importance to information construction, develop online collaborative communication tools, and ensure the rapid realization of remote communication, video conference and file transmission. Standardization is an important condition for improving work efficiency, and the office mode of design companies is worth pondering again. Online joint office and team sharing office are becoming popular in interior design industry.
The outbreak of Covid-19 has had a great impact on all walks of life and the lifestyle of residents. Affected by the COVID-19 epidemic, people have made many changes and choices in social ways. At the same time, people have also made new thoughts on interior decoration design.
The main impact of the outbreak of COVID-19 epidemic on home interior design is that people begin to pay more attention to the relationship between interior design layout and sanitary conditions, and how to prevent viruses from entering the room has become one of the important factors affecting the design. In addition, as long-distance work and study have become the norm during the epidemic, it has become an important concern for home interior design to plan the office area reasonably in a limited space. In the state of returning to work and resuming production, more and more people are gradually returning to the office working environment. How to combine efficiency and employee protection in the office space has become a problem that companies should consider when designing office space.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview

Gensler is one of the major players operating in the Interior Design market, holding a share of 0.66% in 2021.

Gensler is a global architecture, design, and planning firm with 48 locations and more than 6,000 professionals networked across Asia, Europe, Australia, the Middle East, and the Americas. Founded in 1965, the firm serves more than 3,500 active clients in virtually every industry. Gensler designers strive to make the places people live, work, and play more inspiring, more resilient, and more impactful.

Founded in 1993, Golden Mantis is headquartered in Suzhou, China. After nearly 30 years of development, it has formed a modern enterprise group with decoration industry as its main body, with nearly 20,000 employees, and is a green, environmentally friendly and healthy group of public and family decoration industries.

Golden Mantis is deeply involved in the decoration industry, and its business has spread all over the country and some overseas markets. Golden Mantis has the design and construction service capability of the whole industrial chain, such as interior decoration, curtain wall, landscape, soft clothes, etc., and provides the owner with one-stop service of one-time entrustment and all-round service.

Segmentation Overview:

Among different product types, Residential segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Newly Decorated segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Interior Design market covered in Chapter 3:

DB&B Pte Ltd
IA Interior Architects
AECOM
Gensler
HKS, Inc
CallisonRTKL Inc
Leo A Daly
HOK Group, Inc
Stantec, Inc
Jacobs Engineering Group Inc
Perkins+Will
Perkins Eastman
HDR
Cannon Design
Skidmore Owings & Merrill LLP's (SOM)
NELSON & Associates Interior Design and Space
Planning, Inc
Areen Design Services Ltd
M Moser Associates
DLR Group
Gold Mantis
NBBJ L.P.

In Chapter 4 and Chapter 14.2, on the basis of types, the Interior Design market from 2018 to 2029 is primarily split into:

Residential
Hotel
Office
Retail
F&B
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Interior Design market from 2018 to 2029 covers:

Newly Decorated
Repeated Decorated

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)