Dublin, December 30, 2020 (GLOBE NEWSWIRE) – Added Report “Interior Design Services – Global Market Trajectory & Analytics” ResearchAndMarkets.com’s offering.
Global Interior Design Services Market to reach $ 255.4 billion by 2027
Amid the COVID-19 crisis, the global market for Interior Design Services is expected to reach US $ 150.7 Billion in the year 2020, a revised volume of US $ 255.4 Billion by 2027, growing at CAGR of 7.8% over the 2020-2020 analysis period.
Residence, one of the sectors examined in the report, is expected to record a 8.1% CAGR and reach US $ 157.1 Billion by the end of the review period. Following an early study of the industrial impact of the pandemic and the economic crisis it has triggered, growth in the Commercial sector has read to a revised 7.5% CAGR for the next 7 years.
The US Market is estimated at $ 40.7 Billion, while China is expected to grow at 11.9% CAGR
The U.S. Interior Design Services market is estimated at US $ 40.7 Billion in the year 2020. China, the second largest economy in the world, is expected to reach a projected market size of US $ 57.6 Billion by the year 2027 slows a CAGR of 11.9% over the analysis period 2020 to 2027. Other geographic markets include Japan and Canada, all expected to grow at 4.2% and 7% respectively over the year. the period 2020-2027. Within Europe, Germany is expected to grow at around 5.1% CAGR.
Other types for registration 7.2% CAGR
In the Other Types sector, the US, Canada, Japan, China and Europe lead the estimated 6.8% CAGR for this sector. Those regional markets that account for a unified market size of US $ 11.3 Billion in the year 2020 will reach a projected size of US $ 17.8 Billion by the end of the study period.
China will remain among the fastest growing in this group of regional markets. Led by countries such as Australia, India, and South Korea, the Asia-Pacific market is expected to reach US $ 35.3 Billion by the year 2027, while Latin America will expand at a CAGR of 8.4% during the study period.
The report includes accurate insights into how the pandemic affected productivity and the purchasing side for 2020 and 2021. Short-term gradual recovery is also addressed by key geographies. .
Key topics covered:
1. OVERVIEW
- Global competitive market shares
- Global interior design competitive market position (in%): 2019 & 2028
- Covid-19 impact and global economic downturn
2. A WORD ON SELECT PLANS
- AECOM
- Areen Design Services Limited.
- CallisonRTKL Inc.
- Language design
- DB&B Pte Ltd.
- Gensler
- Gold Mantis Technical Works LLC
- Hirsch Bedner Associates
- HKS, Inc.
- HOK Group, Inc.
- Jacobs Engineering Group Inc.
- Leo A Daly
- M Moser Associates
- NBBJ LP
- Interior Design NELSON & Associates and Space Design, Inc.
- Perkins Eastman
- Perkins + Will
- Skidmore, Owings & Merrill LLP’s (SOM)
- Stantec, Inc. said.
- Wilson Associates
3. MARKET RESULTS & DIFFERENCES
4. GLOBAL MARKET VIEW
For more information about this report, visit https://www.researchandmarkets.com/r/wc9zj8
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