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India Interior Design Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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.

 

 
 

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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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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:

 

 
 

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  • 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:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Decoration Type, End User, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

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?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    India Interior Design Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Decoration Type
    6.1    New
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Renovation
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by End User
    7.1    Residential
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Commercial
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Region
    8.1    North India
        8.1.1 Market Trends
        8.1.2 Market Breakup by State
        8.1.3 Market Forecast
    8.2    West and Central India
        8.2.1 Market Trends
        8.2.2 Market Breakup by State
        8.2.3 Market Forecast
    8.3    South India
        8.3.1 Market Trends
        8.3.2 Market Breakup by State
        8.3.3 Market Forecast
    8.4    East India 
        8.4.1 Market Trends
        8.4.2 Market Breakup by State
        8.4.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players

List of Figures

Figure 1: India: Interior Design Market: Major Drivers and Challenges
Figure 2: India: Interior Design Market: Sales Value (in Billion US$), 2016-2021
Figure 3: India: Interior Design Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: India: Interior Design Market: Breakup by Decoration Type (in %), 2021
Figure 5: India: Interior Design Market: Breakup by End User (in %), 2021
Figure 6: India: Interior Design Market: Breakup by Region (in %), 2021
Figure 7: India: Interior Design (New) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: India: Interior Design (New) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: India: Interior Design (Renovation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: India: Interior Design (Renovation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: India: Interior Design (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: India: Interior Design (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: India: Interior Design (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: India: Interior Design (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: North India: Interior Design Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: North India: Interior Design Market: Breakup by State (in %), 2021
Figure 17: North India: Interior Design Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: West and Central India: Interior Design Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: West and Central India: Interior Design Market: Breakup by State (in %), 2021
Figure 20: West and Central India: Interior Design Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: South India: Interior Design Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: South India: Interior Design Market: Breakup by State (in %), 2021
Figure 23: South India: Interior Design Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: East India: Interior Design Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: East India: Interior Design Market: Breakup by State (in %), 2021
Figure 26: East India: Interior Design Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: India: Interior Design Industry: SWOT Analysis
Figure 28: India: Interior Design Industry: Value Chain Analysis
Figure 29: India: Interior Design Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Interior Design Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Interior Design Market Forecast: Breakup by Decoration Type (in Million US$), 2022-2027
Table 3: India: Interior Design Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 4: India: Interior Design Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: India: Interior Design Market: Competitive Structure
Table 6: India: Interior Design Market: Key Players


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