India’s Home Interiors Market Set to Cross $24.5 Billion by 2030

India’s Home Interiors Market Set to Cross $24.5 Billion by 2030

The demand for the home interiors market in India is expected to double by the end of this decade, and the market is expanding quickly. The industry is expected to grow from its current USD 12.33 billion to USD 24.5 billion by 2030, according to a new Magicbricks report titled “Beyond Walls: Trends & Projections.” Higher disposable incomes, urbanisation, and homeowners’ increasing desire for individualised, practical, and fashionable interiors are driving this increase. Some of the well-known names, like SattvaShilp interior designer, are helping shape this trend in metro cities such as Noida and Delhi NCR.

home interiors market

Delhi NCR Leading the Market:

According to the report, Delhi NCR leads India’s interior design industry. At INR 580 per square foot, the region has the highest average spending, surpassing Hyderabad (INR 490) and Bengaluru (INR 520). This shows how much Delhi NCR homeowners are spending on complete home interiors and high-quality design. Demand for reliable services like hiring an interior designer in Delhi NCR or an interior designer in Noida has increased. This highlights how professional interior design companies are now viewed as important partners in property value increment.

Value Addition Through Interiors:

The report’s startling conclusion is that interior design directly affects property value. Well-designed homes can fetch up to 45% more in rental fees and up to 70% more in resale value. This demonstrates that interior design is now more than just aesthetics; it is a wise investment for homeowners.

Nearly 95% of the market is made up of 2 BHK and 3 BHK homes, which have the highest demand. Nearly half of the demand is met by mid-sized homes with 750–2,000 square feet and prices between INR 2 and 5 crore.

home interiors market

Consumer Spending Patterns:

Indian homeowners typically spend INR 560 per square foot on interior design. With over half (54%) of the total expenditure going towards bedrooms and kitchens, these spaces are the most prioritised. This demonstrates how families are giving comfort, practicality, and design that enhances lifestyles as a top priority.

According to the report, homeowners are increasingly choosing Full Home Design (FHD). Instead of partial or room-by-room designs, over 80% of buyers now choose comprehensive solutions.

Tier 2 Cities Catching Up:

Although the majority of the market is currently being driven by Tier 1 cities like Delhi NCR, Mumbai Metropolitan Region (MMR), Bengaluru, and Pune, Tier 2 cities are demonstrating a great deal of interest. This is indicative of a broader pattern in India of growing ambitions and a greater readiness to spend money on well-organised home interiors.

Market Formalization & Future Growth:

The home interiors market in India has long been dominated by unorganized players. On the other hand, organised, technologically advanced platforms are becoming more popular. In order to bring professionalism and dependability to the industry, businesses are now providing end-to-end services that integrate design, product sourcing, and installation.

Homeowners are increasingly viewing interiors as a long-term investment, according to Sudhir Pai, CEO of Magicbricks. Structured platforms are leading the way in offering customised, tech-enabled services in response to the growing demand for full-home design solutions. In an effort to formalise this rapidly expanding market, Magicbricks is working with more than 150 brand partners to provide specialised interior solutions.

home interiors market

India’s Interiors Market: The Road Ahead

Over the next five years, the Indian home interiors industry is anticipated to grow steadily and sustainably. The market will continue to grow as a result of growing disposable incomes, increased awareness of design as an investment, and the demand for 2 and 3-BHK units.

The industry is changing as a result of the rising demand for fully customised interiors, functional living areas, and home design with visionary companies like SattvaShilp, an interior designer. Interiors will rank among the most dynamic elements of India’s real estate and housing ecosystem, with a projected value of USD 24.5 billion by 2030.

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