15 Highest Paying Countries for Interior Designers

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In this article, we will look at the 15 highest paying countries for interior designers. We have also discussed the global interior design services industry. If you want to skip our detailed analysis, head straight to the 5 Highest Paying Countries for Interior Designers.

The global interior design services industry is set for a sizeable growth, with projections indicating a strong trajectory in the coming years. Estimated at $45.1 billion in 2022, the market is expected to increase to $79.6 billion in valuation by 2030, with a compound annual growth rate (CAGR) of 7.4% during the forecast period. This expansion is primarily attributed to the rising demand for interior design services across both commercial and residential sectors, fueled by factors such as urbanization, increasing disposable incomes, and evolving consumer preferences. Key regions experiencing and driving this growth are the United States, with a market size estimated at $12.3 billion in 2022, and China, expected to observe an 11.6% CAGR and reach a projected market size of $18.3 billion by 2030.

In the United States, interior designers are part of a growing workforce, with nearly 62,000 individuals employed in the field according to Bureau of Labor Statistics data. The projected growth rate is modest, with just a 1% increase expected by 2031 that will add around 800 new jobs.

Salaries for interior designers also vary largely across the United States. The national average annual wage sits at $62,570 which is slightly higher than the average for all occupations. However, the highest-paying states offer substantially more, with Rhode Island being the highest paying state for interior designers with an average of $77,250 per year. Conversely, the lowest-paying states for interior designers offer salaries well below the national average. Mississippi, for example, has an average interior designer salary of $41,510. Beyond the US, Singapore and Hong Kong are two of the highest paying countries for interior designers in Asia.

Before getting into our list of the best paying countries for interior designers, lets look at the global key players in interior designing industry and their recent developments.

For example, Ethan Allen Interiors Inc (NYSE:ETD) observed strong financial performance in its fiscal 2024 second quarter, despite lower sales as a result of the post-pandemic economy. The company reported consolidated net sales of $167.3 million, with a 17.7% decrease compared to the previous year. Retail net sales saw a decline of 19.0% to $139.2 million, while wholesale net sales decreased by 14.7% to $90.6 million. Despite these challenges, Ethan Allen Interiors Inc (NYSE:ETD)’s gross margin stood strong at 60.2%, representing an increase from 55.2% in the same quarter ending December 31, 2018. This strong margin was due to the lower input costs like the reduced inbound freight and raw material expenses, as well as effective cost management strategies.