There are some very positive trends taking place in the marketplace for interior designers, manufacturers, and suppliers.According to a June 29th article at WoodworkingNetwork.com, “The business of interior design has been quite good over the past 12 months, and American Society of Interior Designers (ASID) expects that to continue. Last year’s State of the Industry report showed that interior design had fully recovered to pre-recession levels, and the momentum carried through this year, with only slight moderation. With all indicators showing robust growth, this is a good time to be in the interior design business."Further, the report from ASID shows strong and consistent growth in the interior design business, with the number of designers up nearly 12%, and with design firms growing by 6% in the past year. Check out the infographic below for more of these exciting interior design market trends…
Even better, with new home construction (up 8% to 35% for multi-family) and business/commercial building (up some 9% nationwide) on the rebound, the factors that influence and drive growth in the design profession, included competition, costs and profitability, industry economy, pace of change, perceived lack of value, regulation and liability, sustainability, and time factors show no signs of slowing down these current trends in the marketplace.Design Elements that are Spurring Interior Design GrowthWhy is this happening, you may ask. Well, as we’ve discussed in two previous blog posts within the past year, sustainability and technology have become critically important elements in the marketplace, both of which are helping to drive these upward trends. Other elements that are being incorporated into interior design projects, and that are having a powerful influence on growth in the industry, most often include health, innovation, science and tech, and security.For more on how technology and sustainability are driving market trends in interior design, check out these two posts:Interior Design Tips – Yes, Sustainability is a ThingKnow Your Marketplace – Millennials Influencing Interior Design TrendsHave you seen an uptick in design projects during the past 12 months? Which design elements seem to be driving growth in your marketplace this year? Share your comments below.
Interior Design Trends - Spring 2016 High Point Market Report
For those who were unable to attend High Point Market in April, and for those who did make the trip but were simply too busy to see all that was on display, we offer this short recap of the interior design trends that many are talking about.First, it must be said that the energy level was high at Spring High Point this year! As was the enthusiasm shown by designers, suppliers, manufacturers, and buyers; with everyone optimistic about the potential for growth during the remainder
of the year.Compact & Multifunctional – For consumers who are just short on space, products designed for small spaces – yet which serve a variety of functions enable people to maximize their spaces with furnishings that support their busy lifestyles. This need is being met with lightweight, yet durable pieces that present a narrower profile.Livable Luxury – A luxurious look and feel is fine for those who seek such, yet today’s consumer also wants to ensure their spaces a livable. Durable fabrics, forgiving woods, and low-maintenance finishes are being introduced in greater quantities in the brands and product lines that offer luxury.
Feminine Finery – The feminine edge is an emerging trend; offering flowing lines, lovely curves, floral patterns, and intricate details, a soft cushion on a sofa, the subtle curved front of a chest, and pinks and purples that bring a breezy lightness to every detail of the space in which they’re utilized.
Mix ‘n Match – For several seasons, manufacturers and retailers we’re playing it safe; fearing they could be left with a stockroom or warehouse full of inventory, showrooms were often filled with easy, and sometimes, boring options. This is beginning to change, as vendors are being bolder with their options and mixing materials, color and shapes with abandon. For more on emerging trends that we saw at this year’s Spring High Point Market, click here to download the High Point Market Style Report (pdf).