PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1347297
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1347297
India Interior Design Market, By Decoration Type ; By Budget ; By Application By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
India Interior Design Market Size Booming to Touch USD 53 Billion by 2029.
India interior design market is flourishing due to the expanding construction sector, favorable initiatives being undertaken by the Government of India (GoI), and technical improvements.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India interior design market size at USD 28.97 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the India interior design market size to grow at a CAGR of 10.54% reaching a value of USD 52.84 billion by 2029. With the increasing expansion of the construction sector, there has been widespread use of low-cost interior design solutions in commercial and residential complexes to improve look and optimise space efficiency. This, in turn, is one of the primary reasons driving the growth of the India interior design market. Furthermore, favorable initiatives being undertaken by the Government of India (GoI) for investing in ongoing renovations and intrastromal projects to strengthen public infrastructure through the development of various commercial buildings, such as multiplexes, airports, shopping malls, and private institutions, are propelling market growth. In conjunction with this, quick technical improvements, such as the advent of cloud-based interior design software for lowering remodelling and restructuring design, are serving as other growth-inducing factors.
Opportunity: Growing demand for sustainable interior design
There is a growing demand for sustainable interior design in India. People are becoming more aware of the environmental impact of their choices, and they are looking for ways to make their homes and offices more sustainable. This presents an opportunity for interior designers to offer sustainable design solutions. People are becoming more aware of the environmental impact of their choices, and they are looking for ways to make their homes and offices more sustainable. The government is promoting sustainable practices, such as the use of renewable energy and the construction of green buildings. This is creating demand for sustainable interior design solutions. There is a growing availability of sustainable materials and products, such as bamboo flooring, recycled furniture, and energy-efficient lighting. This is making it easier for interior designers to create sustainable spaces.
Segmental Information
India Interior Design Market - By Application:
Based on application, India interior design market is divided into commercial and residential. The commercial segment currently dominates the market and is likely to maintain its supremacy even during the forecast period. The interior designing solution is experiencing a progressive evolution in the market because of the increased demand from commercial real estate. Due to the demand for commercial space, this sector is expected to grow substantially in the coming years. In India, the work culture is undergoing a great change, which has led to an evolution in the interior design and furniture of offices, which in turn is driving the commercial segment of India's interior design market.
Impact of COVID-19 on India Interior Design Market:
The Indian interior design market was adversely affected by the COVID-19 outbreak. The pandemic presented a variety of issues for interior designers, including decreased demand for interior design services as consumers cut back on non-essential purchases, including commercial interior design projects, as many businesses have had to close or operate at a reduced capacity. The pandemic disrupted supply chains, making it difficult for interior designers to obtain the materials they want for their projects. It resulted in interior design project delays and expense increases.
Competitive Landscape:
The India interior design market is fragmented, with numerous players serving the market. The key players dominating the India Interior Design market include Livspace Pte Ltd, Sobha Limited, The KariGhars, CEE BEE Design Studio, Ensemble Infrastructure India Ltd, La Sorogeeka Interiors Pvt Ltd, Futomic Design Services Pvt Ltd, Gauri Khan Designs, SAMIKA DESIGN SOLUTIONS PVT LTD, BONITO DESIGNS, Savio & Rupa Interior Concepts, Morph Design Company, Aamir & Hameeda Interior Designers (AANDH), Home2decor, Homevista Decor and Furnishing Private Limited, Hohm Editors Interior Design Studio, DesignQube, Carafina Interior Designers, De PANACHE, and Acme Interiors Pvt Ltd. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisition to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Interior Design Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Interior Design Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Interior Design Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing urbanization and rising disposable income
- 3.2.1.2. Rising awareness of interior design for personalized and aesthetically pleasing spaces
- 3.2.2. Restraints
- 3.2.2.1. High cost of interior design services
- 3.2.2.2. Lack of skilled interior designers
- 3.2.3. Opportunities
- 3.2.3.1. Growing demand for sustainable interior design
- 3.2.3.2. Rising adoption of e-commerce platforms
- 3.2.4. Challenges
- 3.2.4.1. Competition from international players
- 3.2.4.2. Limited awareness among Indian consumers about the value and benefits of professional interior design services
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Interior Design Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Billion)
- 4.2. Market Share & Forecast
- 4.2.1. By Decoration Type
- 4.2.1.1. New
- 4.2.1.2. Renovation
- 4.2.2. By Budget
- 4.2.2.1. Luxury/high-end
- 4.2.2.2. Mid-range
- 4.2.2.3. Budget-conscious
- 4.2.3. By Application
- 4.2.3.1. Residential
- 4.2.3.2. Commercial
- 4.2.4. By Region
- 4.2.4.1. North India
- 4.2.4.2. South India
- 4.2.4.3. East India
- 4.2.4.4. West India
- 4.2.1. By Decoration Type
5. Competitive Landscape
- 5.1. List of Key Players and Their Range
- 5.2. India Interior Design Company Market Share Analysis, 2022
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Development (Merger, Acquisition, Partnership)
6. Impact of Covid-19 on India Interior Design Market Industry
7. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, SWOT Analysis)
- 7.1. Livspace Pte Ltd
- 7.2. Sobha Limited
- 7.3. The KariGhars
- 7.4. CEE BEE Design Studio
- 7.5. Ensemble Infrastructure India Ltd
- 7.6. La Sorogeeka Interiors Pvt Ltd
- 7.7. Futomic Design Services Pvt Ltd
- 7.8. Gauri Khan Designs
- 7.9. SAMIKA DESIGN SOLUTIONS PVT LTD
- 7.10. BONITO DESIGNS
- 7.11. Savio & Rupa Interior Concepts
- 7.12. Morph Design Company
- 7.13. Aamir & Hameeda Interior Designers (AANDH)
- 7.14. Home2decor
- 7.15. Homevista Decor and Furnishing Private Limited
- 7.16. Hohm Editors Interior Design Studio
- 7.17. DesignQube
- 7.18. Carafina Interior Designers
- 7.19. De PANACHE
- 7.20. Acme Interiors Pvt Ltd
- 7.21. Other prominent players
8. Key Strategic Recommendations
9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents
- 9.5. Assumption & Limitation
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 India Interior Design Market Segmentation
- Figure 2 India Interior Design Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 India Interior Design Market Size, By Value (USD Billion), 2019-2029
- Figure 5 India Interior Design Market Share, By Decoration Type, By Value, 2019-2029
- Figure 6 India Interior Design Market Share, By Budget, By Value, 2019-2029
- Figure 7 India Interior Design Market Share, By Application, By Value, 2019-2029
- Figure 8 India Interior Design Market Share, By Region, By Value, 2019-2029
- Figure 9 North India Camping Tent Market Size, By Value (USD Billion), 2019-2029
- Figure 10 North India Camping Tent Market Share, By Decoration Type, By Value, 2019-2029
- Figure 11 North India Camping Tent Market Share, By Budget, By Value, 2019-2029
- Figure 12 North India Camping Tent Market Share, By Application, By Value, 2019-2029
- Figure 13 South India Camping Tent Market Size, By Value (USD Billion), 2019-2029
- Figure 14 South India Camping Tent Market Share, By Decoration Type, By Value, 2019-2029
- Figure 15 South India Camping Tent Market Share, By Budget, By Value, 2019-2029
- Figure 16 South India Camping Tent Market Share, By Application, By Value, 2019-2029
- Figure 17 East India Camping Tent Market Size, By Value (USD Billion), 2019-2029
- Figure 18 East India Camping Tent Market Share, By Decoration Type, By Value, 2019-2029
- Figure 19 East India Camping Tent Market Share, By Budget, By Value, 2019-2029
- Figure 20 East India Camping Tent Market Share, By Application, By Value, 2019-2029
- Figure 21 West India Camping Tent Market Size, By Value (USD Billion), 2019-2029
- Figure 22 West India Camping Tent Market Share, By Decoration Type, By Value, 2019-2029
- Figure 23 West India Camping Tent Market Share, By Budget, By Value, 2019-2029
- Figure 24 West India Camping Tent Market Share, By Application, By Value, 2019-2029
List of Tables
- Table 1 India Interior Design Market Share, By Decoration Type, By Value, 2019-2029
- Table 2 India Interior Design Market Share, By Budget, By Value, 2019-2029
- Table 3 India Interior Design Market Share, By Application, By Value, 2019-2029
- Table 4 India Interior Design Market Share, By Region, By Value, 2019-2029
- Table 5 North India Camping Tent Market Size, By Value (USD Billion), 2019-2029
- Table 6 North India Camping Tent Market Share, By Decoration Type, By Value, 2019-2029
- Table 7 North India Camping Tent Market Share, By Budget, By Value, 2019-2029
- Table 8 North India Camping Tent Market Share, By Application, By Value, 2019-2029
- Table 9 South India Camping Tent Market Size, By Value (USD Billion), 2019-2029
- Table 10 South India Camping Tent Market Share, By Decoration Type, By Value, 2019-2029
- Table 11 South India Camping Tent Market Share, By Budget, By Value, 2019-2029
- Table 12 South India Camping Tent Market Share, By Application, By Value, 2019-2029
- Table 13 East India Camping Tent Market Size, By Value (USD Billion), 2019-2029
- Table 14 East India Camping Tent Market Share, By Decoration Type, By Value, 2019-2029
- Table 15 East India Camping Tent Market Share, By Budget, By Value, 2019-2029
- Table 16 East India Camping Tent Market Share, By Application, By Value, 2019-2029
- Table 17 West India Camping Tent Market Size, By Value (USD Billion), 2019-2029
- Table 18 West India Camping Tent Market Share, By Decoration Type, By Value, 2019-2029
- Table 19 West India Camping Tent Market Share, By Budget, By Value, 2019-2029
- Table 20 West India Camping Tent Market Share, By Application, By Value, 2019-2029
- Table 21 Livspace Pte Ltd Company Overview
- Table 22 Livspace Pte Ltd Financial Overview
- Table 23 Sobha Limited Company Overview
- Table 24 Sobha Limited Financial Overview
- Table 25 The KariGhars Company Overview
- Table 26 The KariGhars Financial Overview
- Table 27 CEE BEE Design Studio Company Overview
- Table 28 CEE BEE Design Studio Financial Overview
- Table 29 Ensemble Infrastructure India Ltd Company Overview
- Table 30 Ensemble Infrastructure India Ltd Financial Overview
- Table 31 La Sorogeeka Interiors Pvt Ltd Company Overview
- Table 32 La Sorogeeka Interiors Pvt Ltd Financial Overview
- Table 33 Futomic Design Services Pvt Ltd Company Overview
- Table 34 Futomic Design Services Pvt Ltd Financial Overview
- Table 35 Gauri Khan Designs Company Overview
- Table 36 Gauri Khan Designs Financial Overview
- Table 37 SAMIKA DESIGN SOLUTIONS PVT LTD Company Overview
- Table 38 SAMIKA DESIGN SOLUTIONS PVT LTD Financial Overview
- Table 39 BONITO DESIGNS Company Overview
- Table 40 BONITO DESIGNS Financial Overview
- Table 41 Savio & Rupa Interior Concepts Company Overview
- Table 42 Savio & Rupa Interior Concepts Financial Overview
- Table 43 Morph Design Company Company Overview
- Table 44 Morph Design Company Financial Overview
- Table 45 Aamir & Hameeda Interior Designers (AANDH) Company Overview
- Table 46 Aamir & Hameeda Interior Designers (AANDH) Financial Overview
- Table 47 Home2decor Company Overview
- Table 48 Home2decor Financial Overview
- Table 49 Homevista Decor and Furnishing Private Limited Company Overview
- Table 50 Homevista Decor and Furnishing Private Limited Financial Overview
- Table 51 Hohm Editors Interior Design Studio Company Overview
- Table 52 Hohm Editors Interior Design Studio Financial Overview
- Table 53 DesignQube Company Overview
- Table 54 DesignQube Financial Overview
- Table 55 Carafina Interior Designers Company Overview
- Table 56 Carafina Interior Designers Financial Overview
- Table 57 De PANACHE Company Overview
- Table 58 De PANACHE Financial Overview
- Table 59 Acme Interiors Pvt Ltd Company Overview
- Table 60 Acme Interiors Pvt Ltd Financial Overview
