The interior design market is experiencing significant growth both globally and in India, driven by increased demand for aesthetically pleasing and functional spaces across residential, commercial, and industrial sectors.
Globally, the market was valued at $137.93 billion in 2024 and is expected to reach $142.41 billion by 2025, growing at a steady 4.3% annually.
In India, the market is set to expand even faster, with projections indicating a compound annual growth rate (CAGR) of over 18% from 2025 to 2030.
In this article, we’ll take a closer look at the interior design market size, offering insights into the global trends, as well as specific data for top markets like India and the United States.
Interior Design Market Size: Top Highlights
- The global interior design market is expected to grow from $137.93 billion in 2024 to $142.41 billion in 2025. (Grand View Research)
- The interior design services market is forecast to reach $88.26 billion in 2025, up from $82.09 billion in 2024, reflecting a growth rate of 7.5%. (The Business Research Company)
- The Indian interior design market is projected to grow at a CAGR of over 18% from 2025 to 2030, driven by the expanding real estate sector. (Mordor Intelligence)
- The U.S. interior design market, valued at $35.01 billion in 2024, is expected to reach $41.8 billion by 2030. (Grand View Research)
How Big Is The Interior Design Industry?
According to Grand View Research, The global interior design market is expected to reach $142.41 billion in 2025, up from $137.93 billion in 2024.
With an estimated 4.3% growth between 2025 and 2030, the industry is on track to hit $175.74 billion by the end of the decade.
Here is a table displaying the global interior design market value by year:
| Year | Global Interior Design Market Value |
|---|---|
| 2018 | $124.09 billion |
| 2019 | $129.47 billion |
| 2020 | $121.86 billion |
| 2021 | $126.2 billion |
| 2022 | $130.5 billion |
| 2023 | $134.22 billion |
| 2024 | $137.93 billion |
| 2025* | $142.41 billion |
| 2026* | $147.49 billion |
| 2027* | $153.24 billion |
| 2028* | $159.6 billion |
| 2029* | $167.01 billion |
| 2030* | $175.74 billion |
In 2024, new construction was the largest segment in the interior design industry, bringing in $95.34 billion in revenue. However, remodeling is emerging as the fastest-growing and most profitable segment, set to see significant growth in the coming years.
North America led the market in 2024, contributing 33.5% of global revenue. Looking ahead, the U.S. is expected to remain the top revenue-generating country by 2030, while South Africa is projected to be the fastest-growing regional market, reaching $1.44 billion by the end of the decade.
Another study from Market Research Future states that the Interior Design industry is experiencing steady growth, with its market value projected to rise from $145.24 billion in 2024 to $153.24 billion in 2025. (Market Research Future)
By 2034, the market is projected to expand significantly, hitting $248.15 billion with a 5.50% CAGR during the forecast period (2025–2034). This growth is driven mainly by the rising demand for sustainable and wellness-focused designs, as well as the increasing popularity of smart homes.
When it comes to market segmentation, the industry is divided into Renovation and New Construction. Among these, Renovation stands out as the largest sector, as many homeowners and businesses choose cost-effective upgrades over entirely new builds.
Renovation projects provide a budget-friendly way to revamp and modernize spaces, making them an attractive alternative to more expensive construction projects.
The Asia-Pacific region is set to dominate the global interior design market, fueled by rapid urbanization, a rising middle class, higher disposable incomes, and a strong push for modernization. Within this region, China holds the largest market share, while India is emerging as the fastest-growing market.
Leading companies in the interior design market include:
- Aamir & Hameeda
- Livspace
- Sobha Interiors
- Acme Interiors
- Ace Interiors
- Lipika Sud Interiors Pvt. Ltd.
- Chaukor Studio
- Futomic Design Services Pvt. Ltd.
- Bonito Designs
- Carafina Interior Designers
These companies play a crucial role in shaping industry trends and meeting the increasing demand for stylish, functional, and future-ready interior spaces.
Interior Design Services Market Size
The interior design services market is expected to reach $88.26 billion in 2025, up from $82.09 billion in 2024, reflecting a 7.5% CAGR. (The Business Research Company)
This upward trend is anticipated to continue in the upcoming years, with the market projected to be valued at $123.84 billion by 2029, growing at an even faster 8.8% CAGR.
Here is a table displaying the market size of the global interior design services industry.
| Year | Interior Design Services Market Size |
|---|---|
| 2024 | $82.09 billion |
| 2025* | $88.26 billion |
| 2026* | $96.03 billion |
| 2027* | $104.48 billion |
| 2028* | $113.67 billion |
| 2029* | $123.84 billion |
According to the business research company’s report, several factors contributing to the expansion of the interior design services industry are economic growth & urbanization, the aging population, a shift toward remote work, growing awareness of environmental & wellness-focused designs, technological advancements & digital transformation.
In 2024, North America led the interior design services market, fueled by strong consumer spending on both residential and commercial renovations. Meanwhile, the Asia-Pacific region is expected to see the fastest growth, driven by rapid urbanization, a growing middle class with higher disposable income, and an increasing emphasis on modernizing living and workspaces.
Europe is also experiencing steady expansion, particularly as demand rises for eco-friendly and sustainable interior design solutions.
The growing construction sector is a major factor fueling the demand for interior design services. As reported by the UK’s Office for National Statistics, new construction orders jumped by 16.5% (roughly $2.22 billion) in Q2 2024 compared to Q1 2024.
This increase was mainly driven by a rise in private commercial and infrastructure projects, which in turn has greatly boosted the need for interior design expertise.
Besides, the interior design industry is rapidly adopting AI and digital tools to improve efficiency and elevate the client experience.
For example, in March 2024, Icon Technology Inc., a U.S.-based company known for its 3D-printed housing, launched Vitruvius, an AI-powered system designed to assist with home design and construction. These innovations are set to revolutionize the field, making interior design more affordable, personalized, and accessible to a wider range of people.
The interior design services market is driven by a variety of prominent companies, including:
- Jacobs Engineering Group Inc.
- AECOM Technology Corporation
- Stantec Inc.
- Arcadis NV
- SmithGroup Ltd.
- HDR Inc.
- Gensler
- Perkins and Will Inc.
- Hirsch Bedner Associates Inc.
- HOK Group Inc.
- Foster + Partners Group Ltd.
- Cannon Design Inc.
- Perkins Eastman Inc.
- ZGF Architects LLP
- Woods Bagot Architects Pty Ltd.
- IA Interior Architects
Interior Design Market Size India
The Indian interior design market is anticipated to experience a CAGR of over 18% from 2025 to 2030, primarily driven by the growing real estate sector. (Mordor Intelligence)
The increasing demand for commercial real estate is fueling the rise of interior design solutions, making them an emerging trend.
While this has created some challenges, such as lower profitability, the industry is still expected to see significant growth in the coming years.
Small and medium-sized design companies are currently dominating the space, with key players like Aamir & Hameeda, Livspace, Lipika Sud Interior Pvt. Ltd., FDS, and Chaukor Studio leading the way.
Interior Design Market Size USA
The U.S. interior design market generated $35.01 billion in 2024 and is projected to grow to $41.8 billion by 2030. (Grand View Research)
The market is estimated to grow by a CAGR of 3.2% between the forecast period of 2025 to 2030.
In terms of market segments, new construction was the largest contributor to revenue in 2024, while remodeling is expected to see the fastest growth in the coming years, becoming the most lucrative segment.
The U.S. accounted for 25.4% of the global interior design market in 2024 and is expected to maintain its leadership in terms of revenue by 2030. Within North America, the U.S. will continue to lead the region’s interior design market by revenue in 2030, while Mexico is emerging as the fastest-growing market in the region, with projections reaching $.72 billion by 2030.
Conclusion: India’s Interior Design Market Is Expected To Grow At A CAGR Of 18% From 2025 To 2030
Globally, the interior design market is on track to reach $142.41 billion by 2025, reflecting an annual growth rate of 4.3%. By 2030, it’s expected to reach $175.74 billion, further highlighting its upward trajectory.
In India, the market is set for even faster expansion, with an anticipated growth rate of over 18% from 2025 to 2030. This surge is largely fueled by the booming real estate sector and the rise of the middle class.
Companies like Livspace, Sobha Interiors, and Aamir & Hameeda are leading the way in offering stylish, practical, and modern interior solutions that meet the growing demand for well-designed spaces.
As the interior design market continues to evolve globally and in India, it will play an even more crucial role in shaping the environments where we live and work, creating significant opportunities for innovation and growth in the years to come.
Hi! I’m Siddhant, Founder of Cretekala. Founded in 2019, my civil engineer background and blend of creative journey gave rise to Cretekala, which now stands with a team of 40. I love collaborating with pioneers in the industry and innovating new concrete designs that bring new aesthetics to life. Other times, I’m here sharing my journey and experience with decorative concrete online!