Over the years, more homeowners have been putting more emphasis on their homes, to the point it becomes more of a status icon. A luxurious, sophisticated home interior design creates a sense of confidence and excitement. Presently, its no surprise the demand for such solutions is growing. There are several reasons why the luxury interior design market is expected to continue growing in the years to come.
Growth in Demand for Luxury Homes
According to the latest industry analysis, the luxury interior design market is projected to reach a volume of 103.52 billion US dollars by 2030. That’s a CAGR of 7.8 per cent over the course of the forecast period.
The luxury interior design consumption is bound to grow both in the commercial and residential fields. Increased awareness about luxurious lifestyles and the availability of more disposable income are two of the main driving factors.
Reasons its surge in Demand
We all want to experience the lifestyle of the rich and the famous. What is it like being a celebrity and splurging on sophisticated home décor solutions? Most people would like to find the answers to these questions.
Fortunately, luxury is becoming more affordable. Even when it comes to custom solutions and personalised home décor, these are options that most people can purchase and enjoy. Sometimes, the budget will be enough for just one or two luxury focal pieces. These will be sufficient, however, to produce certain vibes and create a cohesive concept.
Luxury doesn’t necessarily have to come with a massive price tag. Very often, the quality of a home décor execution is dependent on the fine details. Choosing the right touches and finishes ties a concept together and gives it polish. Even a minimalist interior design style can present itself in luxury. Accomplishing the goal depends on choosing the right professional interior design team to bring a vision to reality.
Luxury is a status icon
Being able to invite guests and wow your colleagues and friends is one of the perks of having a luxury home. Even when commercial pieces have to be chosen, there are some mass-manufactured items that feature finer details and a better execution than their counterparts. Having an eye for such pieces will result in a luxurious home execution that carries class and style without being costly.
A luxury home does not require huge investments
Luxury interior design is here to stay, even if the world economy seems a bit slow at the time being. That’s probably one of the reasons why so many people want to immerse themselves in a glamorous experience. If you’re one of these people, don’t be afraid of seeking out elegance and sophistication. Even if you’re trying to do a home renovation on a limited budget, there are still ways to invest strategically in the things that make the biggest impression.
If you enjoy the idea, get in touch with an experienced and trusted home interior design company in Singapore. Contact Dreamakers Interior today and you’ll quickly find out that a classy and elegant home isn’t going to break the bank – especially with an interior design company that is a also a licensed home renovation contractor in Singapore. We specialise in HDB BTO renovation.
At Dreamakers Interior we believe that every space has the potential to become unique, harmonial and beautiful. We are proud of what we do and are prepared to work overtime to guarantee that you are satisfied with the way your space looks. From full-scale projects to small renovations, we invite you to take a look at our gallery and see what we have done. Below are some of our favorite projects. If you need professional help for design conceptualization or space planning, let us know.
👉 Our portfolio: https://www.dreamakersinterior.com/portfolio 👈
👉 Chat with our interior designers: https://www.dreamakersinterior.com/contact-us 👈