North America Interior Design Services Market Outlook
According to a new report by Expert Market Research titled “North America Interior Design Services Market Size, Share, Analysis, Report, Forecast 2023-2028″, the North America interior design services market is projected to grow at a CAGR of 4.70% between 2023 and 2028. Aided by the growing demand for aesthetically appealing and functional spaces, along with the expanding applications of interior design services in various sectors, the market is expected to grow significantly by 2028.
Interior design services revolve around creating visually pleasing and functional environments in various spaces, including homes, offices, restaurants, and retail outlets. These services play an essential role in improving the quality of life, increasing productivity, and enhancing the aesthetic appeal of a space, leading to an increasing North America interior design services market demand. Besides its aesthetic benefits, interior design also brings about crucial functionality, optimisation of space, and enhances the overall user experience, making it a valuable service in various applications, including residential, commercial, and institutional sectors.
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The escalating consumer preference for well-designed spaces is driving the North America interior design services market growth. With the growing awareness of the benefits associated with well-planned and aesthetically pleasing environments, there has been a significant shift towards engaging professional interior design services. This leads to a surge in demand for bespoke design solutions. Additionally, the rising trend of home renovations and refurbishments has further contributed to the increasing popularity of interior design services.
The broadening applications of interior design services across various sectors also play a significant role in boosting the North America interior design services market expansion. In the commercial sector, interior design services are used to create conducive working environments that foster productivity and employee well-being. The hospitality industry utilises interior design services to create inviting and memorable experiences for their guests. Moreover, with the growth in the real estate industry, there is an increasing demand for these services to create distinctive residential properties.
Further, the growing demand for sustainable and environmentally-friendly designs has led to an increased focus on interior design as a vital tool for implementing green initiatives, thereby, aiding the North America interior design services market. With the rise of eco-consciousness and increasing popularity of green living, interior design has emerged as a critical aspect in the formulation of energy-efficient homes, offices, and other spaces, thereby boosting the market expansion.
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Furthermore, the swift rise in urbanisation, along with an increase in disposable income, is bolstering the North America interior design services market growth. The preference for personalised and unique living spaces, coupled with growing consumer awareness about the significance of well-designed environments, is expected to fuel the demand for interior design services over the forecast period.
North America Interior Design Services Market Segmentation
The market can be divided based on end use and country.
Market Breakup by End Use
Market Breakup by Country
- United States of America
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the North America interior design services companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Gensler. M. Arthur Gensler Jr. & Associates Inc.
- Jacobs Engineering Group Inc.
- HOK Group, Inc.
- Interior Architects
- NELSON Worldwide, LLC
- Stantec Inc.
- Hirsch Bedner Associates
- Perkins Eastman
- HKS Inc
- SmithGroup Companies, Inc.
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