Supportive schemes: Government policies prop up residential projects, boosting interior design demand
The Specialised Design Activities industry's revenue is expected to contract at a compound annual rate of 1.8% to £7.9 billion over the five years through 2022-23, including forecast growth of 18.2% in 2022-23. The shift to online shopping has driven demand for graphic design. Manufacturing activity has trended upward, stimulating demand for industrial design services and graphic design services for leaflets, brochures, packaging and labels. In addition, government stimulus schemes such as Help to Buy have encouraged housebuilding activity, benefitting demand for interior designers. However, economic uncertainty has hampered growth because clients have scaled back spending on advertising activities to preserve capital.
Designers within the industry specialise in designing clothing, fashion, accessories and other goods. Graphic design and interior design are included in the industry. Specialist designers are not responsible for website design and programming, or architectural and engineering design.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- WPP plc
Methodology
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