NEW YORK, January 10, 2022 / PRNewswire / – The “Interior Design Services Market By End User and Geography – Forecast and Analysis 2021-2025” report has been added to Technavio’s offering. There is a growing demand for interior design services with the increasing construction of residential, commercial, government and corporate infrastructure and the renovation of old buildings across the world. In addition, the growth of end-user industries such as retail, hospitality, and business is creating significant demand for interior design services.
Technavio estimates that the size of the global interior design services market will increase by $ 24.13 billion, increasing at a CAGR of 4% during the forecast period.
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The market is driven by factors such as growing demand from the business infrastructure sector and increasing demand for personalized and personalized kitchens and lounges. However, the presence of unorganized players and the intense competition between existing players will challenge the growth of the market.
Some of the companies covered in this report are AECOM, Aedas Ltd, DP Architects Pte Ltd, Foster Partners Group Ltd., Gensler. Mr. Arthur Gensler Jr. and Associates Inc., HDR Inc., Jacobs Engineering Group Inc., NIKKEN SEKKEI Ltd, Perkins Will International Group of Companies and Stantec Inc.
The competitive scenario provided in the Interior Design Services Market report analyzes, assesses, and positions the companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies in recent years, growth strategies, product innovations, new product launches, investments, market share growth, etc.
- By end user, the market is categorized into commercial and residential segments. Demand from commercial end users was high in 2020. The segment is driven by the growing number of construction projects. In addition, the growth of the global tourism industry contributes to the growth of the segment.
- By geography, the market is classified in APAC, North America, Europe, South America, and MEA. APAC will hold the largest share of the market. The region currently holds 35% of the global market share. The increasing demand for construction services from developing countries, such as China, Japan, and India are driving the growth of the interior design services market in APAC. In addition, the multiplication of renovation projects contributes to the growth of the regional market.
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Scope of the interior design services market
Cover of the report
Year of reference
Growth dynamics and CAGR
Accelerate to a 4% CAGR
Market growth 2021-2025
$ 24.13 billion
Annual growth (%)
APAC, North America, Europe, South America and MEA
Efficient contribution to the market
APAC at 35%
Main consumer countries
United States, China, Japan, Germany, India and Canada
Leading companies, competitive strategies, reach of consumer engagement
AECOM, Aedas Ltd, DP Architects Pte Ltd, Foster Partners Group Ltd., Gensler. Mr. Arthur Gensler Jr. and Associates Inc., HDR Inc., Jacobs Engineering Group Inc., NIKKEN SEKKEI Ltd, Perkins Will International Group of Companies and Stantec Inc.
Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period,
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