Interior Design Services Market Report 2024 (Global Edition)

Global Interior Design Services Market Report 2024 Market Size Split by Type (Newly Decorated, Repeated Decorated), by Budget (Luxury/High-End, Mid-Range, Budget-Conscious), by End-use (Commercial, Of...

Interior Design Services Market Report Description

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Interior Design Services Market Insights Video

Competitive Landscape of the Interior Design Services Market

The Interior Design Services market is highly fragmented, with huge corporations, freelance designers, and boutique agencies competing for market share. Key players distinguish themselves by specializing in sectors such as residential, commercial, or hotel design, with some providing sustainability-focused solutions. Major companies use technical breakthroughs such as 3D visualization and virtual reality to give a better client experience. Small and independent businesses compete by providing unique, custom designs. Globalization and the influence of social media have increased competition, allowing designers from many locations to access a larger audience. Market rivalry is defined primarily by innovation, client relationships, and specialty knowledge.

In January 2024, Thomas Park, a leading full-service commercial real estate firm, announced the formal launch of Thomas Park Design, a new service line focused on providing high-quality interior design and procurement services for commercial interior projects. (Source: https://www.businesswire.com/news/home/20240129350255/en/Thomas-Park-Announces-Launch-of-Thomas-Park-Design-a-New-Division-Specializing-in-Commercial-Interior-Design ) In January 2024, Stantec, a global leader in sustainable design and engineering, agreed to buy Morrison Hershfield, a 1,150-person engineering and management firm based in Markham, Ontario. Morrison Hershfield, founded in 1946 and owned by its employees, is a leading provider of transportation, building, and environmental services. (Source: https://www.globenewswire.com/news-release/2024/01/09/2806098/0/en/Stantec-to-acquire-Morrison-Hershfield-a-leading-transportation-buildings-and-environmental-services-firm.html ) In May 2022, An Interior designer startup. Havenly announced IRL Services, a digital interior design firm that has been providing online services and is now taking its interior design skills to the real world. The main difference between Havenly's in-home services is that the designer will physically tour your space, take measurements, and ensure that everyone is on the same page before sending over a virtual design via digital layouts and 3D models. (Source: https://techcrunch.com/2022/05/04/interior-design-startup-havenly-introduces-irl-services/)

Top Companies Market Share in Interior Design Services Industry: (In no particular order of Rank)

• AECOM
• Aedas Ltd.
• Arcadis NV
• Architectural Surfaces Inc.
• Areen Design Ltd.
• CannonDesign
• DP Architects Pte Ltd.
• Foster and Partners Group Ltd.
• Gensler. M. Arthur Gensler Jr. and Associates Inc.
• HBA International
• HDR Inc.
• HOK Group Inc.
• IBI Group Inc.
• Interior Architects Inc.
• Jacobs Solutions Inc.
• NIKKEN SEKKEI Ltd.
• Perkins and Will International Group of Co.
• Samoo Architects and Engineers
• Stantec Inc.
• Gold Mantis Construction Decoration Co. Ltd
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Interior Design Services Market

Which Region Dominates the Interior Design Services Market in 2024?

According to Cognitive Market Research, North America currently dominates the Interior Design Services market, and the region is expected to have significant growth during the projected period. The adoption of wellness-oriented settings, focusing on biophilic design and creating places that promote mental and physical well-being.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Luxury and opulence are becoming increasingly popular in nations such as China and India, where affluent consumers want interior designs that highlight their wealth and status.

The current report Scope analyzes Interior Design Services Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!

North America Interior Design Services

According to Cognitive Market Research, the global Interior Design Services market size was estimated at USD 46514.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 18605.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Interior Design Services market with a market size of USD 14679.88 million in 2024 and is projected to grow at a CAGR of 6.9% during the forecast period. The U.S. is experiencing urban expansion and a growing demand for well-designed office spaces, co-working environments, and luxury homes.
• The Canada Interior Design Services market had a market share of USD 2232.68 million in 2024 and is projected to grow at a CAGR of 7.9% during the forecast period. Canada’s rising awareness among the population about green buildings.
• The Mexico Interior Design Services market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 1693.12 million in 2024.

Europe Interior Design Services

According to Cognitive Market Research, the global Interior Design Services market size was estimated at USD 46514.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 13954.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.

• The United Kingdom Interior Design Services market had a market share of USD 2344.32 million in 2024 and is projected to grow at a CAGR of 8.2% during the forecast period. In the UK, Strong demand for residential renovations in historic buildings.
• The France Interior Design Services market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 1283.79 million in 2024.
• According to Cognitive Market Research, the German Interior Design Services market size was valued at USD 2762.94 million in 2024 and is projected to grow at a CAGR of 7.6% during the forecast period. In Germany, Growth in commercial interior design is driven by technology integration in offices.
• The Italy Interior Design Services market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 1200.07 million in 2024.
• The Russia Interior Design Services market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 2162.91 million in 2024.
• The Spain Interior Design Services market is projected to witness growth at a CAGR of 6.5% during the forecast period with a market size of USD 1144.25 million in 2024
• The Luxembourg Interior Design Services market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 432.58 million in 2024.
• The Portugal Interior Design Services market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 293.04 million in 2024.
• The Greece Interior Design Services market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 167.45 million in 2024.
• The Rest of Europe's Interior Design Services market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 2162.91 million in 2024.

Asia Pacific Interior Design Services

According to Cognitive Market Research, the global Interior Design Services market size was estimated at USD 46514.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 10698.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031. .

• According to Cognitive Market Research, the China Interior Design Services market size was valued at USD 4814.22 million in 2024 and is projected to grow at a CAGR of 10.4% during the forecast period. Increasing investments in healthcare infrastructure and the need for improved patient experiences.
• The Japan Interior Design Services market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 1476.36 million in 2024.
• The India Interior Design Services market had a market share of USD 1283.79 million in 2024 and is projected to grow at a CAGR of 12.7% during the forecast period. Government initiatives promoting affordable housing have increased demand for cost-effective design solutions.
• The South Korean Interior Design Services market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 1069.83 million in 2024.
• The Australian Interior Design Services market is projected to witness growth at a CAGR of 10.6% during the forecast period, with a market size of USD 556.31 million in 2024.
• The South East Asia Interior Design Services market is projected to witness growth at a CAGR of 11.9% during the forecast period, with a market size of USD 738.18 million in 2024.
• The Rest of Asia Pacific Interior Design Services market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 759.58 million in 2024.

South America Interior Design Services

According to Cognitive Market Research, the global Interior Design Services market size was estimated at USD 46514.2 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 2325.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Interior Design Services market size was valued at USD 995.40 million in 2024 and is projected to grow at a CAGR of 8.9% during the forecast period. A demand for luxury interior designs among affluent urban populations.
• Argentina's Interior Design Services market had a market share of USD 390.72 million in 2024 and is projected to grow at a CAGR of 9.2% during the forecast period. Growth in urban redevelopment projects.
• Colombia Interior Design Services market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 206.99 million in 2024.
• Peru Interior Design Services market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 190.71 million in 2024.
• Chile Interior Design Services market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 167.45 million in 2024.
• The Rest of Latin America's Interior Design Services market is projected to witness growth at a CAGR of 7.4% during the forecast period, with a market size of USD 374.44 million in 2024.

Middle East and Africa Interior Design Services

According to Cognitive Market Research, the global Interior Design Services market size was estimated at USD 46514.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 930.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.6 % from 2024 to 2031.

• The GCC Countries Interior Design Services market is projected to witness growth at a CAGR of 9.4% during the forecast period, with a market size of USD 398.16 million in 2024. A flourishing tourism industry in places like Dubai and Qatar drives demand for innovative interior design in hotels, resorts, and retail.
• The Egypt Interior Design Services market is projected to witness growth at a CAGR of 8.9% during the forecast period, with a market size of USD 97.68 million in 2024.
• The South Africa Interior Design Services market is projected to witness growth at a CAGR of 9.6% during the forecast period, with a market size of USD 146.98 million in 2024. An increasing focus on sustainable and energy-efficient designs, particularly in commercial real estate, is shaping the market.
• The Turkey Interior Design Services market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 80.00 million in 2024.
• The Nigeria Interior Design Services market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 97.68 million in 2024.
• The Rest of the MEA Interior Design Services market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 109.77 million in 2024.

Interior Design Services Market Analysis

Interior Design Services Market Type Segment Analysis

According to Cognitive Market Research, newly decorated are likely to dominate the Interior Design Services Market over the forecast period. The need for newly decorated spaces in the Interior Design Services industry is increasing as homeowners and companies look to renew and modernize their surroundings. This demand is driven by trends such as urbanization, rising disposable incomes, and a greater emphasis on aesthetics and utility. Residential consumers seek to personalize their houses with modern designs.

The repeated decorated is the fastest-growing segment in the Interior Design Services Market. The Interior Design Services market's demand for recurring design is driven by changing trends, lifestyle changes, and the desire to refresh one's home. Homeowners and businesses routinely alter their interiors to reflect current design trends, improve functionality, or adapt to new uses such as remote work. Commercial industries, including hospitality and retail, frequently remodel to maintain a new, appealing appearance that attracts customers.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Interior Design Services Industry. Request a Free Sample PDF!

Interior Design Services Market Budget Segment Analysis

According to Cognitive Market Research, the budget-conscious segment holds the largest share of the market. The Interior Design market has seen an increase in demand for budget-conscious services as consumers seek affordable yet elegant solutions. With rising living costs and economic uncertainties, many consumers seek economical interior design solutions that provide value without sacrificing quality or beauty. Designers are reacting by providing modular DIY solutions, refurbishing existing furniture, and sourcing low-cost materials.

In the Interior Design Services Market, the mid-range sector has been expanding at a rapid pace. Clients seek a balance between affordability and quality, which drives demand for mid-range interior design services. This market caters to homes and companies seeking elegant, functional designs at a reasonable price. Mid-range services provide tailored solutions made from cost-effective materials while keeping a high level of visual appeal.

The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Interior Design Services market report 2024 Edition by contacting our team.

Interior Design Services End-use Segment Analysis

Interior Design Services Market End-use Segment Analysis

According to Cognitive Market Research, the commercial segment dominates the market. As workplaces shift from traditional to flexible and collaborative spaces, interior design responds with adaptable layouts, ergonomic furniture, and technology integration that improve employee productivity and well-being. The hospitality and retail industries prioritize immersive consumer experiences through thematic designs, lighting, and spatial layouts. Furthermore, the healthcare industry's growing desire for designs that focus on hygiene and patient comfort has fueled market expansion.

Residential is projected to be the fastest-growing segment in the Interior Design Services market. The demand for comfortable, useful, and visually appealing living environments is having a growing impact on residential interior design. A key trend in this area is the emphasis on wellness-oriented design, with the home viewed as a haven for relaxation and well-being. This involves the addition of amenities such as home gyms, spa-like bathrooms, and meditation areas.

• Commercial
• Office Spaces
• Retail Stores
• Corporate Offices
• Residential
• Single-family Homes
• Vacation Homes

Author's Detail

David Fuller

Senior Analyst at Cognitive Market Research

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I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.

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