GITNUX MARKETDATA REPORT 2024

Interior Design Industry Statistics [Fresh Research]

In this post, we will explore a comprehensive set of statistics that paint a vivid picture of the interior design industry. From market sizes and growth rates to trends in residential and commercial segments, as well as insights into employment figures and consumer demographics, these statistics provide valuable insights into the dynamic landscape of the interior design market. Whether you’re a professional in the industry or simply curious about its latest trends, this compilation of data offers a wealth of information to dive into.

Statistic 1

"The global interior design market size was valued at USD 130.85 billion in 2020."

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Statistic 2

"The market is expected to grow at a CAGR of 3.3% from 2021 to 2028."

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Statistic 3

"The residential segment accounted for 60.3% of the market revenue in 2020."

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Statistic 4

"Nearly 35% of interior designers own their own businesses."

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Statistic 5

"Between 2016 and 2026, the U.S. Bureau of Labor Statistics projected a 4% growth rate for employment in the interior design industry."

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Statistic 6

"There were approximately 75,500 employed interior designers in the United States in 2020."

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Statistic 7

"The annual median wage for interior designers in the United States was $56,040 in 2020."

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Statistic 8

"Online sales in the home furnishing market reached 18% in 2019."

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Statistic 9

"Green building is one of the strongest growing sectors in the interior design market, growing at a CAGR of around 13%."

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Statistic 10

"The commercial segment of interior design is expected to grow at a CAGR of 4.2% between 2021 and 2028."

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Statistic 11

"The largest consumer group for interior design services is millennials, representing over 30% of customers."

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Statistic 12

"The global furniture market size is expected to reach $786.6 billion by 2028, growing at a CAGR of 4.6% during the forecast period."

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Statistic 13

"Asia Pacific accounted for the largest share of revenue in the interior design market in 2020 at 35.7%."

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Statistic 14

"The market size of the interior design industry in the United States was $15.1 billion in 2021."

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Statistic 15

"The interior design industry in the United States has experienced a 0.7% decline in growth between 2016 and 2021."

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Statistic 16

"The number of interior design businesses in the United States increased by 4.2% in 2021."

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Statistic 17

"In 2021, there were about 74,500 interior design-related businesses in the United States."

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Statistic 18

"Kitchen and bathroom remodeling accounted for 75% of the residential interior design market in 2018."

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Statistic 19

"In 2021, the United States accounted for a 30% share of the interior design industry in terms of attractiveness."

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The global interior design market showed resilience in 2020 with a value of USD 130.85 billion, spurred by a robust residential segment that accounted for over 60% of revenue. Despite challenges, the industry is poised for steady growth with projections indicating a 3.3% CAGR until 2028, led by factors such as increasing online sales and the rise of green building practices. The United States, although facing a slight decline in growth, remains a significant player in the market, hosting a substantial number of interior design businesses and being a focal point for industry attractiveness. With evolving consumer demographics and a surge in kitchen and bathroom remodeling projects, the future of the interior design industry appears promising and dynamic.

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