Interior Design November 2021

Page 40

Think COVID-19 will impact their desire to recommend more American-made products

59% Think the importance of sourcing American-made has increased since the onset of COVID-19

75%

thinklab

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INTERIOR DESIGN

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48%

Feel COVID-19 will drive domestic clients to request more American-made products in the future

47%

Aren’t sure COVID-19 will impact clients’ willingness to pay more for American-made

During the pandemic, the interest in U.S.-made design products has increased. But whether clients will pay a premium remains unclear… What a difference a year makes. Pre-pandemic, only 23% of specifiers listed U.S.-made as a top product-selection criterion, ranking it seventh out of 12 factors. (The top three? Design, price, and lead time.) Made in America was even less of a priority to end users, with only a small minority of specifiers saying domestic production “frequently” matters to clients—and then pri­ marily for sustainability reasons, such as the carbon footprint of shipping. But by late 2020, the landscape shifted, with a Q4 survey indicating 75% of specifiers felt the importance of sourcing American design products had increased. A majority also believe these preferences will continue beyond the pandemic—good news indeed for domestic manufacturers. Cost still remains a hurdle, though. Almost half of design specifiers are unsure whether clients will be willing to pay a premium for U.S.-made goods, even though just a year before there was little concern about tariffs incurred by imports. One metric hints that the needle is moving: Clients who are willing to shell out will likely pay a 6 to 10% premium for American-made (up from 1 to 5% pre-pandemic). And with lead times becoming more of a concern, “No one wants to risk an overseas product with availability and shipping issues,” says Christie Giezma, senior associate at Little. Expect this trend to stick. —Amanda Schneider


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