Designer demand: Demand from residential construction sectors has buoyed revenue growth

Over the five years 2019, the Interior Designers industry in Canada has exhibited moderate success, reflected through its revenue growth and solid operational expansion. Demand from downstream markets, predominately the residential construction sectors, has buoyed revenue growth during times of volatile commercial conditions. During the five-year period, the residential market has picked up, even though housing starts experienced a double-digit decline in 2013. The residential market has also been supported by increased residential construction, per capita disposable income and residential construction...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 14-19
2.4%
Forecast Growth 19-24
Profit
Employment
5,410
Businesses
7,557
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The residential market has been supported by increased per capita disposable income
  • Residential renovation projects account for a lesser portion of industry revenue
  • The cost of credit is expected to rise as interest rates are forecast to rise
  • Industry Report - Industry Key Buyers Chapter

    The Interior Designers industry in Canada has a low level of market share concentration. In 2019, no company accounts for more than 10.0% of the industry's total revenue. Furthermore, market share concentration has not changed substantially over the five years to 2019. The industry is highly fragmented with thousands of market participants. Companies that are in the top percentile of market share offer services that are outside the scope of service in the industry. For example, Stantec Inc.'s services include front-end design and engineering services for economic development, constructions and building engineering and environmental services. Within the scope of their diverse services is interior design after the preplanning, designing and construction of contracted work...purchase to read more.

    Additional Insights for the Interior Designers Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Interior Designers Industry are

  • Having contracts which are favourable to purchaser
  • Having a good reputation
  • Ability to manage external (outsourcing) contracts
  • IBISWorld analysts also discuss how external factors such as Demand from non-residential building construction and Per capita disposable income in the Interior Designers industry impact industry performance..

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    What's in this report

    What is the Interior Designers Industry?

    This industry designs architectural interiors and their furnishings. Companies take building codes, health and safety regulations, floor planning, electrical needs, interior fittings and furniture into account. These services are used by the hospitality, healthcare, commercial and residential sector.

    Industry Products
  • Commercial interior design services
  • Residential interior design services
  • Interior decorating services
  • Other services
  • Industry Activities
  • Interior decorating consulting
  • Interior design consulting
  • Institutional design
  • Interior decorating administration
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from non-residential building construction
  • Per capita disposable income
  • Housing starts
  • Residential renovation expenditure
  • National unemployment rate

  • Current Performance
  • Larger share for residentials
  • Alternative income
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Housing market limits demand
  • Commercial sector
  • Enterprises and wages
  • Table: Interior Designers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Interior Designers Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Homebuilders in Canada
  • Apartment & Condominium Construction in Canada
  • Architects in Canada
  • Hotels & Motels in Canada

  • Key Selling Industries
  • Electricians in Canada
  • Floor Covering Wholesaling in Canada
  • Household Furniture Manufacturing in Canada
  • Office Furniture Manufacturing in Canada
  • Plumbing in Canada

  • Products & Services
  • Commercial interior design services
  • Other services
  • Residential interior design services
  • Interior decorating services
  • Chart: Interior Designers Industry Products and Services Segmentation

  • Demand Determinants
  • Residential interior design
  • Commercial interior design
  • Other demographic and social demand determinants

  • Major Markets
  • Businesses including architectural firms
  • Individuals and households
  • Other
  • Government and public institutions
  • Chart: Major Market Segmentation for the Interior Designers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingRentUtilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Interior Designers

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Interior Designers Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Interior Designers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Interior Designers Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • Value of Nonresidential Construction (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Freelancer
  • A self-employed person who is not employed continuously but hired to do specific assignments.
  • In-House
  • Conducted within, coming from or being within an organization or group.
  • Printed Media
  • Media such as print advertisements, newspapers, magazines, brochures, product labels, stationery products and medical and scientific diagrams that are not digital.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Interior Designers market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Interior Designers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Interior Designers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Interior Designers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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