Dublin, July 31, 2020 (GLOBE NEWSWIRE) — The “GCC Interior Design Services Market – Growth, Trends, Forecasts (2020-2025)” report has been added to ResearchAndMarkets.com’s offering. GCC economies are expected to grow over 2% in the year 2020, driven by an increase in public spending and focus on the development of the private sector in the region. Interior design is closely related to the overall health of the economy, in particular the property market.GCC’s hosting of mega-events such as Expo 2020 (Dubai), Index at World Trade Center Dubai, FIFA World Cup 2022 (Qatar) and increased focus on tourism business in the GCC are working together to take advantage of lucrative opportunities in construction projects as well as interior design services projects related to these events.The rise in economic activities and construction upswing will influence growth in the interior design services market in the region. The needs of people and society are changing to keep themselves up with current design changes. Architects and interior designers are focusing on creating contemporary solutions with the advent of new technologies and building materials in the region.Key Market TrendsUnited Arab Emirates is the Leading Interior Design Market Services in the GCCUnited Arab Emirates (UAE) is leading the interior design services market in terms of spending followed by the kingdom of Saudi Arabia. Construction in the UAE to meet the requirements of Expo 2020 is likely to increase demand in the interior design market of the country. Free-hold properties also contribute to that trend. Also, UAE and Saudi Arabia are involving themselves more in the refurbishing and renovation programs to upgrade the old buildings by using sustainable materials and smart technology.Hotels Segment in the GCC Market has Higher Spend for the Interior Design ServicesThe hotel segment surpassed the residential sector in terms of interior design projects in the GCC region, with a higher spend on interior design services. GCC is expecting an addition of approximately 58,000 units to enter the market for hotels project. With mega events drawing near, designers and consultants are working on refurbishing the existing hotel projects with high quality. On the other hand, due to various reforms by the governments in the GCC and policy of affordable housing in the region residential sector possess high demand for interior design services in the market.Key Topics Covered:1 INTRODUCTION1.1 Study Deliverables1.2 Study Assumptions1.3 Scope of the Study2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY4 MARKET INSIGHTS4.1 Value Chain Analysis4.2 Porter’s Five Forces Analysis4.3 Insights on Impact of COVID -19 on the Market4.4 Insights on Changes in Consumer Spending on Interior designs services in the Market4.5 Insights on Interior Design Services Market in GCC by Contractors, E-commerce, etc.4.6 Insights on Applications in Newly Decorated and Repeated Decorated Interior Designs Services Market4.7 Insights on Government Regulations in the Market4.8 Insights on Technology Innovations in the Market5 MARKET DYNAMICS5.1 Drivers5.2 Restraints5.3 Opportunities6 MARKET SEGMENTATION6.1 By End-user6.1.1 Residential6.1.2 Commercial6.1.2.1 Retail6.1.2.2 Hotels6.1.2.3 Hospitals6.1.2.4 Commercial Building6.1.2.5 Education6.1.2.6 Others6.2 By Country6.2.1 United Arab Emirates6.2.2 Saudi Arabia6.2.3 Qatar6.2.4 Oman6.2.5 Kuwait6.2.6 Bahrain7 COMPETITIVE LANDSCAPE7.1 Market Concentration Overview7.2 Company Profiles7.2.1 Avanzato Design7.2.2 Makstylo Interiors7.2.3 Bishop Design LLC7.2.4 Jida Jeddah Interior Design & Architects7.2.5 Hirsch Bedner Associates7.2.6 Fourline Interiors7.2.7 Lumineux Interiors W.L.L.7.2.8 Mirabello Trading & Decoration W.L.L7.2.9 Bluehaus Group7.2.10 Asha Contracting & Interiors LLC.7.2.11 Wilson Associates8 FUTURE OF THE MARKET AND ANALYST RECOMMENDATIONS9 DISCLAIMER10 ABOUT US For more information about this report visit https://www.researchandmarkets.com/r/jwf1xc
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