India Interior Design Market Thriving: Projected to growing at a CAGR of 7.4% by 2027
India Interior Design Market Size Industry Trends & Forecast Report 2027 View report
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A study recently conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that India Interior Design Market was worth USD 23.2 Billion in the year 2020. According to the study, the market is estimated to grow at a CAGR of 7.4%, earning revenue of around USD 38.2 Billion by the end of 2027. Architects, trade members, Interior designers and educationists are involved in the planning, designing, and decorating of the interior spaces in India. The growing Indian real estate market, increasing population, rising income levels, and urbanization all contribute to the growth of the internal design market. Additionally, interior design trends displayed on social media platforms, the popularity of smart homes, and changes in lifestyles and standards are other significant factors contributing to the growth of India’s interior design market. Report Overview Among the leading factors contributing to the growth of the India interior design market are rising income levels and urbanization. Social media platforms displaying interior design trends, the growing popularity of smart homes, and changes in lifestyles and standards, other factors that contribute to India's interior design market.