Growth Of Interior Design Industry In India: What To Expect In The Coming Years?
In the recent years, India has gone through significant changes- regarding lifestyle, employment and migration from one place to another. Indians are now getting fast-paced and are developing a taste for high-end lifestyle. A good lifestyle starts with a well-designed home, and Indians nowadays like their homes to be luxurious and comfortable. This is a reason why there is a rapid growth in the interior design industry in India.
Here we have listed some noteworthy trends and reasons of the growing interior designing industry in India.
Rapid Growth of Urbanisation in India
Rapid urbanisation in big cities like Delhi, Mumbai, Ahmedabad, Bangalore, Chennai, Kolkata, Hyderabad, Pune, etc. has changed the Indian lifestyle drastically. There is also a noticeable growth in the income & purchasing power of the Indians and the homeownership rates. This is the reason now many Indians spend more on the interior design of their homes to make them unique, well equipped, and sophisticated.
Things like a separate shower unit, bathtubs, exclusive space for a kitchen balcony, kitchen chimneys which were never popular for the apartments before, are very commonly seen these days in many apartments.
This growing urge of a top-notch lifestyle has fuelled the interior decor industry in the past years.
Influence of Cosmopolitan Culture
Indians, especially the youth are very keen and choosy as homeowners. Moreover, thanks to the booming entertainment and fashion industry, they are also experiencing an influence of different cultures and lifestyles. They travel to many places, work with people of different nationalities, cultures, and love to reflect the fusion and versatility in their interior design.
Have you recently seen a New York Themed Café recently or a home with international interior design? Yup, that’s the influence of cosmopolitan culture for you!
Growth in Customisation and Theme-Based Interiors
Although there is an upsurge of influence from different countries in the Indian way of life, still Indians never wish to entirely replicate anything. People love to give their spaces an indigenous and unique touch. Also, different homes need different things, so the trend of customising everything right from the design, décor and the furniture, is growing these days. The use of standard furniture is on a decline.
Also, several people are developing an interest in choosing theme-based designs for their homes or commercial spaces. Myriad of themes like the Mediterranean Style, the European Style, the Ethnic Indian Style of Design and Decor are getting common these days.
All these developmental trends and lifestyle changes with Indians are leading to a remarkable growth of the interior design industry in India. From the past few years, the industry has been expanding by 30-40%.
As a part of these changes, innovative interior design platforms like Floma are emerging in India, changing the way people design their homes.
With so many transformations happening, it is sure that the domain of interior design industry is going to expand even more in the years to come.
So, what you think of these trends? Do you know any more trends that are appearing in this industry? Please do share them in the comments below!
