ASID Releases 2021 Outlook and State of Interior Design Report

ASID Releases 2021 Outlook and State of Interior Design Report

The American Society of Interior Designers (ASID) has released its 2021 Outlook and State of Interior Design Report, aimed to enlightening interior design practitioners and professionals on relevant changes within the new year as related to global trends, economic indicators, and beyond.

Compiled by the Society's dedicated research division, the compendium reviews the state of the interior design industry, business and profession to offer a comprehensive outlook for the year ahead to guide practitioners. The report studies topics such as the U.S. economy and U.S. construction activity, among other economic, business, and design trends and future insights.

"ASID is proud to give designers this critical information to support them in the year ahead," commented ASID CEO, Gary Wheeler, FASID. "Industry practitioners have the opportunity to play a pivotal role in health and safety as we move forward, and it is our responsibility as the only design association for all sectors to keep the industry educated and engaged. We hope that members and non-members alike will find value in this report and use it to elevate their practice and improve the lives of others and the world around them."

Top Five Crucial Insights and Predictions from the Report

1. Economic and social inequalities will worsen due to the pandemic, but there will be heightened efforts to improve diversity, equity, and inclusion overall.
2. 2020 forced people and organizations to revisit fundamental values, and 2021 will continue to push them towards these meaningful transformations.
3. Sustainability will become a bottom-line concern.
4. Real spending on furnishings and durable household equipment and the housing market has led, and will continue to lead, the recovery.
5. Construction spending activity in commercial sectors will continue to suffer. Office, hospitality, and retail sectors that have been hit the hardest from the pandemic will experience stagnant recovery.

The report also looks at the current state of the industry and profession, noting that interior design is on a strong path to recovery, thanks to the consistent firm and practitioner growth for more than the past five years. However, it faces challenges from talent shortage and diversity, and suggests that the profession must work together collectively to support emerging talent.

ASID

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