The new year brings hope and optimism. We say goodbye to the past and start fresh with a clean slate and new resolutions for change. In the new year, people are always looking to improve their quality of life, and this includes their living spaces.
For businesses, this means a great opportunity to embrace these changes and attract new customers if you can satisfy these demands. This article examines the future of interior design and what materials consumers will embrace in 2022 so that businesses can be well placed for a great year.
Market analysis of the interior design industry
Market analysts expect the global interior design sector, valued at US $150.7 billion in 2020, to grow at a compound annual growth rate (CAGR) of 7.8% between 2020 and 2027, reaching US $255.4 billion. Reports forecast the residential market to grow at an 8.1% CAGR and reach US $157.1 billion by the end of the analysis period.
From 2020 to 2021, restrictions on movement meant people spent more time indoors than they may have wanted. Now, they are moving again, and there is a desire to update their space to match their new life changes.
The interior design services market in the United States was worth US $40.7 billion in 2020. China, the second-largest economy, is forecast to reach a market size of US $57.6 billion by 2027, with a CAGR of 11.9% during this period. While Japan and Canada are forecast to grow at 4.2% and 7% respectively for 2020-2027.
The signs point to a booming interior design industry. This is great news, but the businesses that will really stand out are those that innovate and capitalize on the new trends in the industry.
New materials for interior decoration in 2022
According to recent Pew Research, more people are concerned about the environment, and how their choices may harm it, than in previous years. As a result, the design trends in recent years are shifting towards a conscious use of the planet’s resources. The need to go green has led to the search for new eco-sustainable raw materials.
In terms of interiors, people are looking to make the most of their space — as the new norm means spending more time indoors. In 2022, interior design trends will emphasize innovative, eco-friendly, and functional materials. Below are the trends for new materials for interior decoration this year:
With the desire to embrace eco-friendly materials comes the steady popularity of wood in interior design. It may be one of the most environmentally friendly materials for building homes or businesses.
But on top of this, wood also possesses an incredible aesthetic quality, making it a popular choice for home decoration and interior design projects. It has applications in furniture in homes and offices, decorative accessories, and household products – such as toys, wood wall paneling, flooring, and other household items.
Wood’s versatility offers endless decorative options as different wood types and finishes can create warm tones or vibrant and modern styles. As a result, wood will continue to be one of the most popular interior design materials in 2022.
For a twist on wooden features, Wood-plastic composite, or WPC, has increasing appeal in the interior decoration industry. It combines natural wood fibers with synthetic fibers. The composite is made with sawdust, bamboo, peanut hulls, pulp, and woodworking waste, such as bark.
A remarkable feature of this material is that it can be produced entirely from recycled materials. Even better, you can recycle old WPC to produce brand-new WPC, making WPC the ultimate recyclable material.
In terms of application for interior design, the number of households installing and using plastic wood composite flooring is increasing. It is also a highly sought-after material for wall cladding and panels because of its flexibility and durability. Another advantage of using WPC for interior design is that it is easy to maintain.
PVC, or Polyvinyl chloride, is not the most environmentally-friendly material, taking 450 years to become fully biodegraded. Yet, PVC is still popular among interior designers and homeowners looking for a lightweight, durable, and versatile finish.
PVC foam boards are resistant to fire, water, and chemicals, including acids. They are also resistant to vibrations, noise, moths, and heat. The surfaces of the boards don’t scratch easily, making them perfect for furniture, cabinetry, and interior design projects.
And on an optimistic note, strides have been to make PVC more eco-friendly by eliminating Chlorine, a source of many concerns with PVC.
From sofas to curtains to bedding and wall hangings, fabric is an almost universal material used in interior decoration projects. In 2022, this trend will continue as consumers increasingly embrace eco-conscious and eco-friendly options for interior decoration projects.
This trend is mainly due to technological advances that help designers create beautiful fabrics using eco-friendly fibers like bamboo or hemp that do not require chemical treatments or dyes.
On the other hand, wall paneling is enjoying a resurgence in popularity, and fabric is popular with interior designers and homeowners looking for unique wall coverings.
Fabric wall paneling allows you to add texture to the standard plain white or gray walling that homes typically offer. The innovation of wall panels with fabric backing has allowed designers the freedom to create stunning textured designs with vibrant colors to add depth and character to interior walls.
Bamboo is one of the fastest-growing plants on the planet. It is naturally sustainable and abundant in bamboo plantations across the world. Bamboo is naturally resistant to moisture damage and pests and is highly durable and abrasion-resistant.
It is also flame-resistant and hypo-allergenic, making it an excellent choice for interior decoration projects. Also, it is available in natural tones, rustic and modern colors, and many shades of gray for interior décor projects.
Bamboo can be used for flooring and wall paneling but also to create furniture such as stylish chairs or couches. Because of these factors, bamboo is a material that will be highly sought after by the interior decoration industry in 2022 and beyond.
Final thoughts on new materials for interior decoration in 2022
This year many people are looking for a change. One great way to embrace this is by sprucing up one’s home, which can help improve well-being and mood.
A growing interest in protecting the environment means consumers will turn to new materials that are more eco-friendly and naturally derived in 2022.
As a result, businesses that embrace green materials will help people choose more responsibly and invest in quality products that will last them longer, as well as establish themselves well to capitalize on this growing trend.