Move over Emerald, there’s a new hot color in town. Get ready to embrace purple in the new year.

Pantone has crowned “Radiant Orchid” as the “2014 Color of the Year.” Pantone calls this attention-getting hue a “captivating, magical, enigmatic purple” that is expected to catch on in everything from home interiors, accent pieces, and accessories to clothing lines in 2014.

“An enchanting harmony of fuchsia, purple, and pink undertones, Radiant Orchid inspires confidence and emanates great joy, love, and health,” says Leatrice Eiseman, executive director of the Pantone Color Institute. “It is a captivating purple, one that draws you in with its beguiling charm.”

Pantone says the color complements olive and deeper hunter greens as well as makes a great combo when paired with turquoise, teal, and light yellows. It can also help liven up neutrals, such as gray, beige, and taupe.

Radiant Orchid will replace the 2013 color of the year, Emerald.

Here are a few examples from Houzz of how the color is being incorporated into interior spaces:

What do you think of this year's color of the year? Is there a place for more purple in home interiors?

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