Social media and image sharing platform Pinterest had 4,666 full-time employees at the end of its fiscal year 2024, an increase of 652 employees on the previous year. Over the past couple of years, tech companies have seen worldwide layoffs.

In 2023, 52 percent of global employees at Pinterest self-identified as women, down by one percent from 2022. Overall, 2021 was the first year in which Pinterest had a higher share of women than men working at the company. Additionally, under one percent of employees did not declare their gender, and less than one percent identified as non-binary and gender non-conforming.

In 2023, 63 percent of engineering employees at Pinterest in the United States were Asian, and almost half of all employees in leadership positions were white. Just four percent of U.S. leadership roles were held by employees who self identified as Black, and a further four percent of those in leadership roles self-identified as Latiné or Hispanic.

In 2023, 42 percent of Pinterest employees in the United States were Asian, and 35 percent were white. Additionally, less than one percent of employees self-identified as American Indian, Alaska Native, Native Hawaiian and/or Pacific Islander, and six percent were Black.

Luxury Interior Design Market Outlook

The luxury interior design market size is anticipated to grow significantly from a value of approximately USD 35 billion in 2023 to an estimated USD 77 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.3%. This remarkable growth can be attributed to the rising disposable incomes, increasing urbanization, and the growing preference for aesthetically pleasing and functionally superior living spaces.

One of the primary growth factors for the luxury interior design market is the increasing global wealth, especially among the affluent and high-net-worth individuals (HNWIs). Their willingness to invest in premium interior design services to create unique, luxurious living environments is driving the demand. Moreover, the trend of home renovation and personalization continues to gain traction, with homeowners seeking to upgrade their interiors to reflect their personal style and social status. This enthusiasm for bespoke design solutions is propelling the market forward.

Technological advancements also play a crucial role in the expansion of the luxury interior design market. The integration of smart home technologies, 3D visualization tools, and sustainable materials has revolutionized the way interior spaces are conceived and executed. These innovations not only enhance the aesthetic appeal but also improve the functionality and efficiency of living and working environments. As more consumers become aware of these technological benefits, the demand for cutting-edge interior design solutions is expected to rise significantly.

The increasing influence of social media and design-centric television shows has further fueled the growth of the luxury interior design market. Platforms like Instagram and Pinterest have heightened consumer awareness and interest in high-end design trends and styles. This exposure has led to a greater desire among consumers to replicate these luxurious looks in their homes and commercial spaces, thereby boosting the demand for professional interior design services.

Regionally, the Asia Pacific market is poised for considerable growth due to rapid urbanization, rising disposable incomes, and a growing appreciation for luxury lifestyles in countries like China and India. North America and Europe remain dominant markets due to the established presence of top-tier design firms and a high concentration of affluent consumers. Meanwhile, the Middle East & Africa, with its burgeoning tourism and hospitality sectors, also present lucrative opportunities for market expansion.

Design Type Analysis

The luxury interior design market is segmented into various design types, including Residential, Commercial, Hospitality, Retail, and Others. Residential interior design continues to hold the largest market share, driven by the increasing desire among homeowners to create personalized, luxurious living spaces. The trend of home renovation and the rise in disposable incomes are significant contributors to the growth of this segment. Additionally, the preference for bespoke furniture, unique art pieces, and high-end materials further fuels the demand for luxury residential interiors.

Commercial interior design, covering office spaces and corporate environments, is another critical segment. As businesses recognize the impact of a well-designed workspace on employee productivity and client impressions, there has been a surge in demand for sophisticated, functional, and aesthetically pleasing commercial interiors. Companies are willing to invest in premium design services to create environments that reflect their brand identity and corporate culture, thereby enhancing their market position.

The hospitality segment, encompassing luxury hotels, resorts, and restaurants, is also witnessing substantial growth. The global tourism industry’s expansion, coupled with the increasing number of high-net-worth travelers, drives the demand for opulent and uniquely designed hospitality spaces. Hoteliers are keen on creating memorable experiences for their guests, which has led to significant investments in luxury interior design services.

Retail design is another flourishing segment, as luxury brands seek to provide an immersive shopping experience for their customers. High-end retail stores, including flagship stores and boutiques, are investing heavily in interior design to create environments that are not only visually appealing but also convey a sense of exclusivity and luxury. The layout, lighting, and materials used in these spaces

This statistic shows a ranking of the estimated number of Pinterest users in 2020 in Africa, differentiated by country. The user numbers have been estimated by taking into account company filings or press material, secondary research, app downloads and traffic data. They refer to the average monthly active users over the period and count multiple accounts by persons only once.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than 150 countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).