Saudi Arabia’s interior design market is thriving as the Kingdom’s building sector expands, with an increasing number of real estate projects for retail, commercial, hospitality, and residential expected to drive the sector forwards. Giga-projects such as The Red Sea, AMAALA, and King Abdullah Economic City are attracting various international and regional interiors and fit-out designers to work on the projects. Interior design opportunities are proliferating in the educational and healthcare sectors too.
The Saudi Arabia interior design market is competitive, with numerous local and worldwide businesses involved. Developers, contractors, and suppliers are increasingly emphasizing cost-effective engineering, materials, and design, all of which contribute to the shaping of the interior design business.
It is a rapidly evolving industry, and that is why Saudi Projects is introducing an entirely new section to the magazine, focusing solely on the world of interiors. In this issue, for instance, we will be looking at altavia-odg, particularly with regard to the travel retail industry. A part of the altavia Group of companies, the world-leading retail consultancy and communication enterprise, established in 1983 and with offices in 45 countries, Altavia.odg is the ‘go to’ firm for leading operators, retailers, and brands.
Altavia.odg thrives on authentic connections and building environments with soul and a sense of place. It is passionate about producing interiors that capture the essence of the location or brand while balancing the highest standards of creativity to reflect the client’s individuality. If you are not yet aware of Altavia.odg’s work and expertise, I encourage you to read all about the firm in two major features within these pages. Rebranding Fuels Ongoing Evolution at Altavia.odg and Great Journeys, Mesmerizing Retail Experiences.
According to sources, by 2027, the global interiors market is expected to hit a thumping $255.4 billion. In addition, the international interior design services market will increase at a 7.8% CAGR in 2020-2027.
By 2027, the global interiors market is expected to hit a thumping $255.4 billion
The Greeks, like the Romans, adopted a style with minimal furnishings, arches, and mosaic tiles, with the Roman Empire (murals) and the Islamic Golden Age both having early interior design styles (pillars and columns). But what are the trends for 2023? The following five trends are things we can see making waves over the next year or two:
- Incorporating sustainability in commercial interior design – the emphasis here is on using natural materials or objects that have a lower environmental impact, such as handcrafted items or salvaged furniture and decor.
- The growth of ‘resimercial’ design – with more people choosing to work from home, there is a lot of discussion about ‘resimercial’ design, which combines commercial space with domestic interior amenities to create a productive yet comfortable atmosphere.
- Minimalist design – as our lives get more frenetic, a sense of simplicity in interior design is becoming more valued.
- Curved shapes – a rising interest in rounder contours is feeding into the concept of minimalism and comfortable commercial settings.
- Color blocking – this is an excellent technique to incorporate color into a room while maintaining a classy and professionally styled appearance.
Whatever the future throws up in terms of interiors, though, you can be assured that Saudi Projects will be there to comment and report. Join us!