Market Forecast By End Use (Commercial, Residential), By Decoration Type (New, Renovations) And Competitive Landscape
Product Code: ETC374247 | Publication Date: Aug 2022 | Updated Date: May 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Singapore Interior Design Market |
Forecast period | 2025-2031 |
CAGR | 5.9% |
Growing Sector | Residential Design |
The Singapore Interior Design Market report presents a comprehensive analysis segmented by End-Use, and Decoration Type. It offers impartial insights into market trends, growth drivers, and potential challenges, helping stakeholders align business strategies with emerging opportunities and long-term industry prospects.
Singapore's real estate market is doing well, and people want more personalised spaces. This is helping the interior design business grow steadily. People in both the residential and commercial sectors are investing in things like looks, usefulness, and sustainability, which is increasing the need for new interior solutions. The market is also being affected by more people moving to cities and a lot of wealthy people living in one place.
According to 6Wresearch, the Singapore Interior Design Market is projected to grow at a CAGR of 5.9% during 2025–2031. There are a few main reasons why the Singapore interior design market is doing so well. The real estate market is doing well, and more people want homes and businesses that look good and work well. These are two main factors that are helping the industry grow. Also, a bigger focus on eco-friendly and long-lasting designs has led to new materials and methods, which appeals to people who care about the environment.
But the market does have some problems. There is a lot of competition among service providers, which puts pressure on them to always come up with new, cutting-edge ideas while keeping costs low. Materials and labour costs are going up in Singapore, which makes things even more complicated. Businesses have to find ways to be creative while staying within their budgets.
One of the biggest trends in Singapore's interior design market is the rise of eco-friendly and smart design elements. Green-certified materials, energy-efficient lighting, and space-saving ideas are being used by designers in both home and business plans. People who live in cities like it when modern minimalist and biophilic design styles come together.
There are great business opportunities in the market, especially in smart home design, eco-friendly commercial projects, and high-end hotel interiors. As people and companies want more customisation, design firms that are good with technology may be able to offer better digital solutions. Niche designers can find work in areas where demand is growing, such as co-living, senior housing, and small hotels.
There are both big local and foreign names in the Singapore interior design market. Design Intervention, Luxur, The Orange Cube, and Qanvast are some well-known companies that work with both high-end and middle-market clients. To stay competitive, these businesses focus on coming up with new, eco-friendly, and tech-based solutions.
Through bodies like the Building and Construction Authority (BCA), Singapore's government keeps a close eye on the interior design business. Regulations help make designs safer, more environmentally friendly, and more open to everyone. Using materials that are good for the earth and save energy is encouraged by the Green Mark certification system.
The Singapore interior design market is set to grow quickly thanks to the development of smart cities, the rise in interest in green living, and more renovations. In the future, people will probably want high-tech, environmentally friendly, and flexible design options for both small homes in cities and high-end business settings.
The report provides a detailed analysis of the following market segments
According to Nitesh, Research Manager at 6Wresearch, Residential furnishings make up the biggest chunk because more condos are being built, people want to make their homes more unique, and people are spending more money on renovations. Tailored residential design solutions are very popular because they offer open-concept plans, better storage solutions, and home automation.
Renovations led the market because people want to improve their homes to make them more comfortable and valuable. Because of older homes in downtown Singapore and changes in lifestyles after the pandemic, renovations have become a great place to put your money.
The report offers a comprehensive study of the subsequent market segments