The India interior design market is projected to grow from $32.1 billion in 2023 to $81.2 billion by 2030, at a compound annual growth rate (CAGR) of 14.3%. This growth is driven by rapid urbanization, increasing disposable income, and a surge in real estate investments.
The market is fragmented, with numerous players catering to different segments. South India has emerged as the largest and fastest-growing region for interior design services, driven by the region’s booming real estate developments. Cities like Bengaluru, Chennai, and Hyderabad are major hotspots for real estate and interior design demand.
The trend of theme-based interior designs is gaining traction, particularly in residential and office spaces. Businesses are looking to improve their brand image and employee satisfaction. The commercial segment dominates the market, driven by the increasing need for modern office spaces and the transformation of work environments.
Rising disposable income and changing lifestyle preferences are driving individuals and families to invest in aesthetically pleasing, functional, and customized interiors.
Source: openpr.com
