India Interior Design Market Size, Share, Growth, Trend, Forecast, Analysis, Opportunity 2022-2028

A comprehensive overview of the Indian interior design market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on India’s interior design market. The report offers a detailed analysis of the latest industry developments and trending factors that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Indian interior design at the regional levels. The Indian interior design market is expected to grow at a CAGR of around 15% during the forecast period (2021-2027).

Market Overview

India’s interior design market is expected to witness robust growth mainly due to the rising real estate market, and a rise in investments in Tier I and Tier II cities of the nation. The environment-friendly, effective use of space and functionality features of interior designing is the major game-changer for India’s interior design market.

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India’s interior design market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By application, the market is primarily segmented into:

·        Commercial

·        Residential

In 2020, commercial interior design accounted for a prominent share of the market. This can mainly be attributed to increasing investment in the real estate sector. The rapid urbanization in major cities, such as Delhi, Mumbai, Ahmedabad, Bangalore, Chennai, Kolkata, Hyderabad, and Pune, is reshaping the traditional way of living. Commercial space demand surges and the sector is expected to further witness a tremendous opportunity to leverage in the forecast period.

By decoration, the market is primarily studied into:

·        Renovation

·        New

Among these, the new decoration segment held a significant share in the market and is expected to grow at a steady rate during the forecast period. The shift in India's work culture and the growing interest in luxury lifestyles are key factors driving the growth of this category. This is leading to the development of new designer commercial spaces and well-designed, beautiful homes, hence helping in the growth of India’s interior design market.

India Interior Design Market Region Segmentation Includes:

·        North India

·        South India

·        East India

·        West India

For a better understanding of the market adoption of the interior design industry, the market is analyzed based on its nationwide presence in the regions such as North, South, East, and West India. In 2020, North India held a prominent CAGR due to the growing urbanization rate, increasing investments in the real estate sector, a mounting number of national and international corporate offices in the Delhi-National Capital Region (NCR), and a rising number of housing projects introduced by public organizations and private builders, in the region.

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The major players targeting the market include:

·        Aamir & Hameeda

·        Livspace

·        Sobha Interiors

·        Ace Interiors

·        Acme Interiors

·        The Karighars

·        Morph Design Co. by Prestige Construction

·        Design Qube

·        Carafina

·        De Panache

Competitive Landscape

The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating in the country context. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in India’s interior design market. The major players have been analyzed using different research methodologies for getting insight views on market competition.

Key questions resolved through this analytical market research report include:

·        What are the latest trends, new patterns, and advancements in India’s interior design market?

·        Which factors are influencing India’s interior design market over the forecast period?

·        What are the challenges, threats, and risks in India’s interior design market?

·        Which factors are propelling and restraining India’s interior design market?

·        What are the demanding regions of India’s interior design?

·        What will be the market size in the upcoming years?

·        What are the crucial market acquisition strategies and policies applied by the companies?

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