India’s interior design market is a seamless collaboration between architects, trade members, interior designers, and educationists. According to Mordor Intelligence, the market for home renovations and interiors in India was estimated at $20-30B in 2020. They also project an industry growth CAGR of 7 per cent or higher by 2026.
The changing trends in the interior sector contribute significantly to this level of exponential growth. With the real estate market, population, and income levels rising, urbanisation is more popular. Urbanisation brings the influences of smart technology, social media, and the lifestyle changes of the urban upper-middle class in India.
This story is from the November 2021 edition of Architect and Interiors India.
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This story is from the November 2021 edition of Architect and Interiors India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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