According to IBISWorld analyst Kiera Outlaw, low market share concentration, which has fuelled competition among suppliers, combined with moderate product specialization and low supply chain risk has worked in favor of buyers. With over 96,000 suppliers available, including Jacobs Engineering Group Inc., AECOM and Gensler, no vendor accounts for more than 5.0% of market share, and buyers can pit suppliers against one another to obtain the best pricing. Moreover, the large pool of available suppliers keeps product specialization at a moderate level, which also benefits buyers. Finally, low supply chain risk ensures that buyers will not experience a shortage in supply or disrupted services. Unfortunately for buyers, interior design prices have been rising at an estimated annualized rate of 2.3% during the past three years. Strong price growth during the period largely resulted from increasing demand as the economy returned to growth and facilitated a surge in construction activity, says Outlaw. With the economy on the mend, corporate profit rose and the number of businesses increased, all of which contributed to strong demand for interior design services.
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New BlueStar Electric Wall Oven Named â€œBest of Year 2014 Honoreeâ€? by Interior Design Magazine
(PRWEB) December 22, 2014 BlueStar, manufacturer of restaurant-quality cooking equipment for the home, announces that Interior Design Magazine named the new BlueStar Electric Wall Oven a 2014 Best of Year Honoree in the kitchen appliance category. The awards recognize superior interior design products and projects. Our first-ever Electric Wall Oven brings our iconic brand of true professional performance to electric cooking, said Eliza Sheffield-Vice President, Marketing, BlueStar. We are delighted that the design and function of this new product has been recognized by this prestigious design group. Innovative features of the new electric oven include a built-in, temperature-controlled artisan baking stone, and the eco-friendly Continu Clean technology which permits oven cleaning without chemicals or extreme temperatures. The unit also features professional-grade heating elements, 12 individual cooking modes, a precise convection cooking system and an integrated temperature probe. Like all BlueStar products, the electric wall oven offers unmatched capacity and near limitless customization features such as the choice of 750+ colors and finishes.
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Attend the Annual Design San Francisco Event this February 2015
Following the New Year, members of the interior design community and design professionals are welcome to the San Francisco Design Center to attend a variety of seminars and workshops. Both local and global design events are highlighted over three days. The SFDC will have two keynote presentations from nationally acclaimed designers and editors. The February event will also welcome back the biennial Designers of Distinction awards program.
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