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Interior design market catches light with well-off’s move into smart homes
The market for home interiors and renovation in Bangladesh is growing fast on the back of a booming real estate market, rising income levels of people, and urbanisation. The domestic interior design market is estimated to have witnessed a four-fold growth over the past decade and currently stands at around Tk20,000 crore, according to industry insiders. The market is projected to double over the next five years. Experts have attributed the sharp rise in demand for interior design services to people’s increasing inclination towards smart homes and commercial spaces amid the influence of social media, and changes in their living standards and lifestyle. People are choosing theme-based designs for their…