The Interior Designers industry has been anything but rosy over the past five years; nevertheless, the industry managed to grow marginally over the period. However, the industry will experience rosier conditions over the five years to 2020. The housing market is expected to improve strongly, yielding growth for residential interior designers as existing home sales and housing starts make up ground over the five-year period. Meanwhile, high corporate profit will enable companies to expand and remodel, leading to improved nonresidential construction and greater demand for commercial interior designers. Moreover, the healthcare sector is expected to be a source of growth for the industry, given changes in the age structure of the population, which will generate demand for interior design for healthcare facilities.
This industry comprises operators that design architectural interiors and their furnishings. In the operations, interior designers take into account building codes, health and safety regulations, traffic patterns, floor planning, electrical needs, interior fittings and furniture. These services are used by the hospitality, healthcare, commercial and residential sector.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.