Industry Statistics and Trends
Market size and recent performance (2013-2028)
Industry revenue has grown at a CAGR of 1.5 % over the past five years, to reach an estimated $2.1bn in 2023.
Trends and Insights
The pre-pandemic econo
- Canada's economy performed very well in the years immediately preceding COVID-19, as it was in the final stages of the recovery from the 2008 financial crisis.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The economic recovery will get the industry back on its feet
- Despite economic challenges related to high inflation, rising interest rates and recessionary fears, Canada's GDP will grow at a steady pace during the outlook period.
Biggest companies in the Interior Designers in Canada
| Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
|---|---|---|---|---|
Stantec Inc. | 70.1 | N/A | N/A | |
Kasian Architecture Interior Design and Planning Ltd. | 29.8 | N/A | N/A | |
Yabu Pushelberg | 29.8 | N/A | N/A |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Commercial interior design services, Residential interior design services and Interior decorating services. Commercial interior design services is the largest segment of the Interior Designers in Canada.
Trends and Insights
Interior designers are essential in the commercial sector
- Interior designers provide traditional decorating expertise to corporations, such as choosing a style and colour scheme and selecting appropriate fixtures, furniture, window coverings and artwork. To supplement their services, designers also are involved with the planning and overall layout of a commercial building.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
This industry designs architectural interiors and their furnishings. Companies take building codes, health and safety regulations, floor planning, electrical needs, interior fittings and furniture into account. These services are used by the hospitality, healthcare, commercial and residential sectors.
What's included in this industry?
Interior decorating consultingInterior design consultingInterior decorating servicesCommercial interior design servicesResidential interior design servicesCompanies
Stantec Inc.Kasian Architecture Interior Design and Planning Ltd.Yabu PushelbergPurchase this report to view all 3 major companies in this industry.
Related Terms
FREELANCERIN-HOUSEPRINTED MEDIAIndustry Code
NAICS 541410 - Interior Designers in Canada
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Revenue for interior designers has grown during the current period, but it’s been volatile. The industry benefited from strong economic growth before the pandemic, but it was...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
COVID-19 and related economic problems have caused commercial interior designers’ revenue share to fall recently. Demand for residential interior designers increased during t...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2023
- Product innovation level
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Ontario has the largest population of any province in Canada, leading to a high penetration of households and businesses. Nonresidential and residential construction is signi...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each province
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each province in 2023
- Number and share of revenue each province accounts for in 2023
- Number and share of wages each province accounts for in 2023
- Number and share of employees in each province in 2023
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Internal competition is intense because market share concentration is low. Interior designers in Canada compete based on reputation, price and quality of services.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Large players comprise a small portion of revenue because market share concentration is low. Fragmentation is high because of localization and the lack of interest from big c...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of Stantec Inc.'s performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Kasian Architecture Interior Design and Planning Ltd.'s performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Yabu Pushelberg's performance by revenue, market share and profit margin from 2017 through 2023
Detailed analysis
- Description and key data for Stantec Inc., and factors influencing its performance in the industry
- Description and key data for Kasian Architecture Interior Design and Planning Ltd., and factors influencing its performance in the industry
- Description and key data for Yabu Pushelberg, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Interior designers are subject to a handful of regulations. These relate to licencing under the Practice and Titles Acts and building codes under the International Code Counc...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit for interior designers depends on the sector. Commercial designers are less profitable because competition from projects is high.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2016-2021)
- Coverage Ratios (2016-2021)
- Leverage Ratios (2016-2021)
- Operating Ratios (2016-2021)
- Assets (2016-2021)
- Liabilities (2016-2021)
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Interior Designers industry in Canada in 2024?
The market size of the Interior Designers industry in Canada is $2.1bn in 2024.
How many businesses are there in the Interior Designers in Canada industry in 2023?
There are 7,847 businesses in the Interior Designers industry in Canada, which has grown at a CAGR of 1.2 % between 2018 and 2023.
Has the Interior Designers industry in Canada grown or declined over the past 5 years?
The market size of the Interior Designers industry in Canada has been growing at a CAGR of 1.5 % between 2018 and 2023.
What is the forecast growth of the Interior Designers industry in Canada over the next 5 years?
Over the next five years, the Interior Designers industry in Canada is expected to grow.
What are the biggest companies in the Interior Designers market in Canada?
The biggest companies operating in the Interior Designers market in Canada are Stantec Inc., Kasian Architecture Interior Design and Planning Ltd. and Yabu Pushelberg
What does the Interior Designers in Canada include?
Interior decorating consulting and Interior design consulting are part of the Interior Designers industry.
Which companies have the highest market share in the Interior Designers in Canada?
The company holding the most market share in Canada is Stantec Inc..
How competitive is the Interior Designers industry in Canada?
The level of competition is high and steady in the Interior Designers industry in Canada.
Related Industries
Widen your competitive advantage with related industries
Competitors
- Furniture & Furnishings Wholesaling in Canada
- Floor Covering Wholesaling in Canada
Complementors
- Homebuilders in Canada
- Architects in Canada
International industries
- Global Architectural Services
- Interior Designers in the US
- Specialised Design Services in Australia
- Architectural and Design Services in New Zealand
- Specialised Design Activities in the UK
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Canada include:
- Statistics Canada
- Industry Canada
- Canadian Business Patterns
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
