Industry Analysis & Industry Trends
The industry has been hit hard as consumers and businesses have significantly reduced spending on the discretionary services of interior designers. But as the economy begins to recover, so will the industry, which will experience design trends that incorporate technology, environmentally friendly materials, larger kitchens and bathrooms for entertaining and senior-friendly layouts. An increase in tourism will push support from hotels and restaurants... purchase to read more
Industry Report - Industry Investment Chapter
The Interior Designers industry has a low level of capital intensity. In 2013, for every $1.00 spent on labor, industry operators typically invested just $0.07 in capital improvements. This is relatively constant compared with 2008. Capital expenditure is primarily focused on purchasing computer programs to help design interior spaces. However, the industry is primarily knowledge-based, as industry operators use specialized professional skills and creativity to provide clients with innovative designs. Larger companies in the industry that also provide architectural and other design services will typically have a higher capital intensity given the need for technical programs.
Labor costs account for 22.7% of the industry's revenue... purchase to read more