Written by MarkNtel Advisors » Updated on: January 14th, 2025
The growing development of real estate in the region has increased the sales of newly built apartments and houses, coupled with the increase in the number of corporate offices, and demand for office furniture like chairs, cabinets, tables, etc., has also boosted the demand for the Latin America Furniture Industry.
The Latin America Furniture Market size was valued at around USD 34.6 Billion in 2024 and is projected to reach USD 44 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4% during the forecast period, i.e., 2025-30.
Brazil leads the industry growth with the largest market share, owing to the high per capita income.
Among all end users, the residential segment leads the industry due to the rising number of residential houses and complexes which continuously raise the demand for furnishing the household
Wood uplifts the growth of the market segment, this is because wood is cheaper as compared to other materials and easily available locally
Ongoing personalized furniture totally based on customer requirements, gained high popularity and therefore led to the exponential growth of the Latin America Furniture market.
The growing adoption of rental furniture in the region is predicted to hamper the growth of the Latin America Furniture Market
Growing preference for enhanced interiors driving the growth of the industry forward.
As indicated in the latest market research report published by Markntel Advisors, titled “Latin America Furniture Market Research Report: By Material (Wood, Metal, Plastic, Glass, Others), By Product (Beds & Mattresses, Sofas & Couches, Tables & Desks, Chairs & Stools, Storage Units, Entertainment Units, Others), By End-User (Residential, Commercial [Offices, Educational Institutes, Hotels & Restaurants, Others]), By Distribution Channel (Online Retail, Offline Retail) Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Latin America Furniture market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Disclaimer: We do not promote, endorse, or advertise betting, gambling, casinos, or any related activities. Any engagement in such activities is at your own risk, and we hold no responsibility for any financial or personal losses incurred. Our platform is a publisher only and does not claim ownership of any content, links, or images unless explicitly stated. We do not create, verify, or guarantee the accuracy, legality, or originality of third-party content. Content may be contributed by guest authors or sponsored, and we assume no liability for its authenticity or any consequences arising from its use. If you believe any content or images infringe on your copyright, please contact us at [email protected] for immediate removal.
Copyright © 2019-2025 IndiBlogHub.com. All rights reserved. Hosted on DigitalOcean for fast, reliable performance.