India Interior Design Market (2025-2031) Outlook | Value, Trends, Forecast, Analysis, Share, Companies, Revenue, Growth, Size & Industry

Market Forecast By End Use (Commercial, Residential), By Decoration Type (New, Renovations) And Competitive Landscape
Product Code: ETC374244 Publication Date: Aug 2022 Updated Date: Feb 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Interior Design Market Synopsis

The India interior design market size was estimated around US$ 6 Billion; it has been anticipated that this number will cross US$ 8 Billion registering a double digit CAGR due to surge in demand for residential interior design services across major cities including Mumbai, Bangalore & Delhi NCR region on account of booming real estate sector coupled up surging trend towards renovation projects being undertaken across urban households/commercial spaces catering their aesthetic needs & requirements backed up positive per capita income ratios especially amongst tier I&II regions within country contributing significantly towards same simultaneous scenario observed herein under consideration throughout analyzed timeframe indifferently.

Market Drivers of the market

The India interior design market has experienced significant growth in recent years, driven by various factors. The rising disposable income and urbanization have led to an increased demand for aesthetically pleasing and functional living spaces. Additionally, the growing influence of social media and home improvement TV shows has sparked a surge in interior design awareness and aspiration among consumers.

Challenges of the Market

The interior design market in India has seen significant growth in recent years, driven by increasing urbanization, rising disposable incomes, and a growing preference for aesthetically pleasing and functional living spaces. However, several factors act as restraints in this market. One of the primary challenges is the high cost associated with interior design services and materials, making it less affordable for a significant portion of the population. Moreover, the industry also faces competition from unorganized players offering cheaper alternatives, affecting the market share of established interior design firms.

Covid-19 Impact on the Market

The COVID-19 pandemic had a significant impact on India interior design market. With lockdowns and restrictions on mobility, the construction and real estate sectors faced disruptions, leading to a slowdown in new projects. As people spent more time at home, there was a shift in demand for home improvement and redesign, but overall consumer spending on non-essential items decreased. Interior design firms and businesses faced challenges due to labor shortages, supply chain disruptions, and decreased consumer confidence, impacting their revenue and growth prospects.

Key Players of the Market

The interior design market in India has witnessed significant growth over the past few years. The rising disposable income, rapid urbanization, and increasing awareness of aesthetically appealing living spaces have contributed to the expansion of this market. Key players in the India interior design industry include well-established companies like Asian Paints, Godrej & Boyce, Pepperfry, Livspace, and Urban Ladder.

Key Highlights of the Report:

  • India Interior Design Market Outlook
  • Market Size of India Interior Design Market, 2024
  • Forecast of India Interior Design Market, 2031
  • Historical Data and Forecast of India Interior Design Revenues & Volume for the Period 2021-2031
  • India Interior Design Market Trend Evolution
  • India Interior Design Market Drivers and Challenges
  • India Interior Design Price Trends
  • India Interior Design Porter's Five Forces
  • India Interior Design Industry Life Cycle
  • Historical Data and Forecast of India Interior Design Market Revenues & Volume By End Use for the Period 2021-2031
  • Historical Data and Forecast of India Interior Design Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of India Interior Design Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of India Interior Design Market Revenues & Volume By Decoration Type for the Period 2021-2031
  • Historical Data and Forecast of India Interior Design Market Revenues & Volume By New for the Period 2021-2031
  • Historical Data and Forecast of India Interior Design Market Revenues & Volume By Renovations for the Period 2021-2031
  • India Interior Design Import Export Trade Statistics
  • Market Opportunity Assessment By End Use
  • Market Opportunity Assessment By Decoration Type
  • India Interior Design Top Companies Market Share
  • India Interior Design Competitive Benchmarking By Technical and Operational Parameters
  • India Interior Design Company Profiles
  • India Interior Design Key Strategic Recommendations

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