Interior Design Market Expected to Reach USD 211.29 Billion by 2032 | Growing at a CAGR of 5.50%

Market Research Future (MRFR) has published a cooked research report on the “Global Interior Design Market” that contains information from 2018 to 2032. The Interior Design market is estimated to register a CAGR of 5.50% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Interior Design market— Aamir & Hameeda, Livspace, Sobha Interiors, Acme Interiors, Ace Interiors, Lipika Sud Interiors Pvt. Ltd., Chaukor Studio, Futomic Design Services Pvt. Ltd., Bonito Designs, and Carafina Interior Designers.

Interior Design Market Highlights

The global Interior Design market is accounted to register a CAGR of 5.50% during the forecast period and is estimated to reach USD 211.29 billion by 2032.

Sustainability and wellness-oriented design trends are driving the growth of the interior design industry. The growing appreciation of consumers for environmentally responsible and energy-efficient alternatives is motivating designers to integrate sustainability principles into their projects. Concurrently, an increased focus on well-being has resulted in the manifestation of designs that foster both physical and mental health by incorporating biophilic features and ergonomic adjustments. The expansion of the interior design market is sustained by a deliberate transition towards design approaches that prioritize responsibility and human needs as these trends continue to acquire traction.

Segment Analysis

The global Interior Design market has been segmented based on End Use and type of decoration.

On the basis of End Use, the market is segmented into Residential and Commercial. The residential sector dominates the interior design industry as a result of several factors: rapid urbanization, the expansion of the middle-class demographic, and a rising demand for individualized and visually appealing living environments.

Based on the type of decoration, the global Interior Design market has been segmented into Renovation and New. The largest segment of the interior design industry is renovation, primarily driven by the increasing demand for refurbishing pre-existing spaces.

Regional Analysis

The global Interior Design market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The Europe Interior Design market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Interior Design market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Interior Design market comprises the Middle East, Africa, and Latin America.

The Asia Pacific regional sector maintained the largest market share for Interior Design. An increasing emphasis on modernizing residential and commercial spaces, urbanization, and a burgeoning middle class are all contributing factors to the Asia-Pacific interior design market's explosive expansion. A dynamic market is fostered by technological integration, design innovations, and a preference for luxury goods; as a result, there is an increasing need for designs that prioritize wellness and sustainability.

Moreover, the North American market is expected to grow over the forecast period persistently. A robust economy, a high standard of living, and a robust construction sector support the interior design industry in North America. This market is propelled by the increasing desire for functional and aesthetically pleasing spaces, accompanied by a developing emphasis on sustainability and gadget integration.

Additionally, Europe will be the second-largest region in the market in 2022. The interior design industry in Europe flourishes due to its extensive architectural legacy and preference for refined aesthetics. The adoption of eco-conscious designs and sustainable practices is increasing, which is in line with the environmental concerns of Europe. Trends in design are influenced by a variety of cultures, with an emphasis on innovation, enduring elegance, and a blend of modern and traditional elements.

Furthermore, the rest of the world's Interior Design market is divided into the Middle East, Africa, and Latin America. The Middle East and Africa are expected to be the fastest growing in the global market. The global interior design industry is characterized by its diversity and constant evolution, which is shaped by distinct regional aesthetics and cultural inclinations. The escalating cost of living and the acceleration of urbanization both contribute to the expansion of the interior design industry. Contemporary design trends and indigenous design customs are intricately intertwined, symbolizing a diverse amalgamation of worldwide influences.

Key Findings of the Study

• The global Interior Design market is expected to reach USD 211.29 billion by 2032, at a CAGR of 5.50% during the forecast period.


• The Asia Pacific region experienced the most substantial growth in the global market as a result of swift urbanization, the expansion of the middle class, and a growing emphasis on contemporary residential and commercial environments.


• The interior design market is dominated by the renovation segment, which has grown in popularity as metropolitan areas age and property owners look for affordable solutions to update and revive their current facilities.


• Aamir & Hameeda, Livspace, Sobha Interiors, Acme Interiors, Ace Interiors, Lipika Sud Interiors Pvt. Ltd., Chaukor Studio, Futomic Design Services Pvt. Ltd., Bonito Designs, and Carafina Interior Designers.