About Hotel Interior Design-
Hotel Interior design is said to be the art and science of turning the interior of a hotel into a healthier and more elegant environment. Interior designing is a major part when a customer or client would want to entirely redecorate a hotel and want a perfect looking piece of furniture for a particular room. Hotel interior design is of vital importance when it comes to creating a positive experience for guests, planners and their attendees, your staff, and anyone else who steps foot into your property.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.16% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are exploring new geographies and industries through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Hotel Interior Design- market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Gensler (United States), Perkins & Will (United States), HKS (United States), Perkins Eastman (United States), IBI Group (Canada), NELSON Worldwide (United States), Corgan Inc. (United States), ZGF Architects (Canada), NBBJ (United States) and Kohn Pedersen Fox (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Interior Architects (United States), HMC Architects (United States) and Elkus Manfredi Architects (United States).
Segmentation Overview
AMA Research has segmented the market of Global Hotel Interior Design- market by Type (Renovation and New), Application (Resorts Hotel, Business Hotel, Airport Hotel, Suite Hotel, Corporate Hotel and Others) and Region.
On the basis of geography, the market of Hotel Interior Design- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sources, the sub-segment i.e. Renewable Sources will boost the Hotel Interior Design- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development of new innovation techniques
Market Growth Drivers:
Rising Awareness about Interior Designing and the Services Provided and Changing Standard of Living across the World
Challenges:
Difficult in finding the right materials to suit the great designs
Restraints:
Variation in raw material price
Opportunities:
Growing Demand for Hotel Interior Design from Developed and Developing Regions of the World
Market Leaders and their expansionary development strategies
In February 2023, Geberit has released its Hotel Guest Experience The report, created in collaboration with some of the UK’s top industry experts, delves into the current challenges and opportunities facing the hotel industry and serves as a valuable resource for those designing hotels of the future.
In July 2023, Fusion Hotel Group, Vietnam’s fully integrated hospitality and management company, has announced the launch of HIIVE Hotels. Created for business travellers around industrial and logistic hubs, the August opening of HIIVE Binh Duong marks the brand’s Southeast Asia debut.
Key Target Audience
Companies Providing Interior Design Services, Construction Industry, Architecture Industry and Regulatory Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.