The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Latin America Furniture Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Latin America Furniture Industry Analytical Overview (2025-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, 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. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2025 to 2030.
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What is Included in Latin America Furniture Market Segmentation?
The report has segmented the market into the following categories:
By Material
- Wood- Market Size & Forecast 2020-2030, USD Million
- Metal- Market Size & Forecast 2020-2030, USD Million
- Plastic- Market Size & Forecast 2020-2030, USD Million
- Glass- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
By Product
- Beds & Mattresses – Market Size & Forecast 2020-2030, USD Million
- Sofas & Couches- Market Size & Forecast 2020-2030, USD Million
- Tables & Desks- Market Size & Forecast 2020-2030, USD Million
- Chairs & Stools- Market Size & Forecast 2020-2030, USD Million
- Storage Units- Market Size & Forecast 2020-2030, USD Million
- Entertainment Units- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
By End-User
- Residential- Market Size & Forecast 2020-2030, USD Million
- Commercial- Market Size & Forecast 2020-2030, USD Million
- Offices- Market Size & Forecast 2020-2030, USD Million
- Educational Institutes- Market Size & Forecast 2020-2030, USD Million
- Hotels & Restaurants- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
By Distribution Channel
- Online Retail
- Offline Retail
By Country
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Rest of Latin America
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Key Factor Driver Latin America Furniture Industry Growth by 2030
Increasing Concerns Towards Premium Home Interiors – The people in this region are highly increasingly concerned about improving their home interiors. To address these requirements, there is a very high number of companies available in Latin America. For instance, only Brazil consists of around 52,660 interior designer companies. Furniture plays a major role in enhancing the visuals of the households while providing functionalities such as comfort, storage, etc. This spending on premium furniture is mainly fueled by the high disposable incomes of the people of Latin America. For instance, the per capita income in Brazil was around USD 9,032 in 2023 and this value was around USD 8,800 in the previous year. Therefore, a high focus on premium interiors fueled by high disposable incomes is the main factor responsible for the high sales of furniture and this trend is expected to remain in the future as well.
Who are the Key Players Operating in the Latin America Furniture Industry?
The top companies of the Latin America Furniture market ruling the industry are:
- Ashley Furniture Industries
- IKEA Group
- Herman Miller Inc.
- Linea Brasil
- Dalla Costa
- Techni Mobili
- Santos Andira
- Politorno
- Arteqiri
- Fontenlastore
- Okamura Corporation
- South America Furniture
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FAQs (Frequently Ask Questions)
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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