Home & Interior Design

The U.S. home and interior design market is valued at approximately $200 billion, with a projected growth rate of 4.5% CAGR over the next five years. Canada is also on the rise, with its market expected to reach CAD 30 billion by 2025. Now is the perfect time for SMEs to capitalize on this booming industry and establish a strong foothold.

Consumer Trends: The landscape is shifting, and savvy consumers are driving exciting trends:

• Sustainability: Eco-friendly materials and designs are not just preferences; they are expectations. Businesses offering green solutions are seeing skyrocketing demand.
• Smart Home Technology: With technology seamlessly integrating into design, consumers are eager for innovative solutions that enhance their living experience.
• Personalization: Homeowners want their spaces to reflect their unique style. Offering custom furnishings and decor can set your business apart from the competition.

Favorable Economic Conditions: With stable economies in both Canada and the U.S., high disposable income levels, and robust consumer spending, this is a prime environment for SMEs to thrive. Your business can tap into this wealth and transform it into tangible growth.

Diverse Opportunities: The home and interior design market offers a wide range of lucrative segments, including:

• Furniture and Decor: Stand out with innovative designs and sustainable materials that resonate with eco-conscious consumers.
• Renovation Services: As homeowners choose to remodel rather than relocate, the demand for renovation services is surging.
• Sustainable Products: Cater to the eco-friendly movement by offering sustainable furnishings and home improvement solutions.

Trade Agreements: Leverage the USMCA trade agreement, which makes cross-border trade smoother and more profitable. This opens up new avenues for SMEs looking to expand their reach in the home and interior design market.

At AZUYS, we want to get to know your business and help you succeed. Contact us today to start your journey!