Over the past five years, the Interior Designers industry has exhibited moderate success, reflected by moderate revenue growth and solid operational expansion. Demand from downstream markets, predominately the residential construction sectors, buoyed revenue growth during times of volatile commercial conditions. During the second half of the five-year period, the residential market picked up, while declines in major commodity prices resulted in poor performances in the nonresidential markets. The effect of low oil prices on the economy and the fear of job losses resulting from these declines led to decreased consumer spending levels and disappointing performances in the nonresidential construction market. Over the five years to 2022, industry revenue is anticipated to rise at a faster rate than the previous five-year period in part due to improvements in the nonresidential construction segment.
This industry designs architectural interiors and their furnishings. Companies take into account building codes, health and safety regulations, floor planning, electrical needs, interior fittings and furniture. These services are used by the hospitality, healthcare, commercial and residential sector.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.