The Gulf Cooperation Council (GCC) interiors and fit-out sector will grow to $5.2 bn by 2025 in the next few years, Invest-Gate reports.

According to a report released by dmg events, ahead of Index 2023 expo in Dubai, the sector will see an annual increase of 5% over the next five years.

This growth is attributed to the expected population boom, rising urbanization and growing construction and real estate sectors in the region.

Index 2023 is a leading event for the interior design, fit-out and construction sectors. A large number of major companies will be taking part in it from May 23rd to 25th.

“There are exciting times ahead for interior design services in the GCC. Our outlook report has also identified some major challenges faced by the sector, including a flight to sustainability, digital transformation and e-commerce growth which will be addressed by sector pioneers at the event in May, and that’s why we build exploratory knowledge features into the Index profile,” Elaine O’Connell, the Vice President of Design & Hospitality at dmg events, comments.

Also taking place at the show is the Index Design Talks, a series of open and lively discussions amongst many leading design figures, including inspiring interior designers, renowned regional architects and prominent creative thinkers who will debate the latest trends and innovations. More than 17,500 professionals are expected to convene at the three-day event.

Noteworthy, UAE is the GCC region’s largest interior design market, followed by Saudi Arabia and Qatar, stated an expert.