Market Overview:

The India interior design market is expected to exhibit a CAGR of 7.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Interior design refers to the art, science and practice of understanding, planning, and decorating internal architecture of man-made spaces. It involves abstract development, site verification, research, programming, construction administration, space projection, and design execution. These tasks are performed by interior designers for analyzing internal building requirements and selecting decorative items, including color schemes, lighting, and other materials to create comfortable, functional, and aesthetically appealing rooms. Apart from this, it aids in enhancing the space efficiency and its functional usage, due to which it is extensively employed in residential and commercial infrastructures.

India Interior Design Market Trends:

With the significant expansion in the construction sector, there has been widespread adoption of cost-effective interior designing solutions in the commercial and residential complexes for improving appearance and optimizing space efficiency. This, in turn, is acting as one of the prime factors currently driving the India interior design market growth. Additionally, the favorable initiatives being undertaken by the Government of India (GoI) for investing in ongoing renovations and intrastromal projects to strengthen public infrastructure through the development of various commercial buildings, including multiplexes, airports, shopping malls, and private institutions are also propelling the market growth. In line with this, rapid technological advancements, such as the introduction of cloud-based interior designing software for reducing the instances of remodeling and restructuring design, along with identifying, monitoring, and accessing disparities between the proposed and real building plan, are acting as other growth-inducing factors. Moreover, the increased funding in the real-estate, co-working spaces and commercial properties of India is prompting the rise in numbers of architects and interior designers. This, in turn, is propelling the market growth. Other factors, such as escalating disposable incomes and rapid urbanization, particularly in emerging economies, and the rising demand for interior designing services in smart homes are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India interior design market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on decoration type and end user.

Breakup by Decoration Type:

• New
• Renovation
   

Breakup by End User:

• Residential
• Commercial
   

Breakup by Region:

• North India
• West and Central India
• South India
• East India
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the India interior design market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the India interior design market?
• What are the key regional markets?
• What is the breakup of the market based on the decoration type?
• What is the breakup of the market based on the end user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the India interior design market and who are the key players?
• What is the degree of competition in the industry?