Latin America Furniture Market (2021-2027) | Size, Share, Growth, Revenue, Analysis, Forecast, Trends, Outlook, industry & COVID-19 IMPACT

Latest 2023 Development of the Latin America Furniture Market

Latin America Furniture Market was experiencing steady growth by the increasing demand for residential and commercial furniture. The market has undergone various latest development in the past few years. For instance, the furniture market in Latin America is shifting towards e-commerce due to the prevailing trend of online shopping. Over the years, the pandemic also accelerated this trend as more people turned digital to protect themselves from getting infected. Many furniture companies are offering customized furniture to cater to the individual preferences of consumers. Moreover, there is a growing demand for sustainable and eco-friendly furniture in Latin America. Consumers are becoming more conscious of the environmental impact of their purchases and are opting for furniture made from bamboo or recycled plastic.

Furthermore, there is also a growing demand for smart furniture such as furniture with built-in charging ports and lighting. The furniture market in Latin America is becoming increasingly competitive as many new players are entering the market which led to competitive price ranges. Overall, the Latin America furniture industry is expected to grow in the projected time frame and it is being driven by rapid urbanization, increasing disposable incomes, and changing consumer preferences.

Latin America Furniture Market Synopsis

Latin America furniture market report is a part of the Global Furniture Market thoroughly covers the market by material type, by end-users, and by countries including Mexico and Brazil. The Latin America furniture market outlook report provides an unbiased and detailed analysis of the ongoing Latin America furniture market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics

Latin America Furniture market is anticipated to register growth driven by the growing industrial base and a huge supply of raw materials. The major drivers are rising disposable income, increasing the number of households in the country, and Urbanization. The registered growth in real estate also positively affects the furniture industry. Moreover, the improvement of people’s living standards will inevitably lead to a large demand for home improvement.

According to 6Wresearch, The Latin America Furniture Market size is projected to witness substantial growth during 2021-2027. The increasing trend regarding custom-made furniture coupled with increasing penetration towards a high standard of safety is driving the Latin America Furniture Market Growth. Moreover, increasing awareness regarding the usage of eco-friendly furniture. Reducing transportation costs along with rising workspaces and residential buildings is driving the growth of the market. 

Market Analysis by Application

The Residential sector witnessed maximum growth. Home furniture demand is fundamentally increasing from the replacement of outdated furniture with more functional furniture. Wooden furniture is the most common in Latin America, due to the easy availability of wood and the low cost of reforestation. Online shopping for furniture has now become extremely popular. The furniture market in the Latin America region is growing, and consumers are buying more frequently through E-commerce.

COVID-19 Impact on Latin America Furniture Market

COVID-19 has caused a lot of damage to the furniture industry. The decline in the furniture industry is because of the economic slowdown in countries. Furniture brands need to develop an effective supply chain response plan to mitigate risk and prepare for any interruptions. Brazil and Mexico are the leading countries in Latin America. Mexico is the first option for Spanish furniture manufacturers. Brazil’s furniture industry has evolved, owing to factors such as foreign trade, and the expansion of the domestic market.

Key Players in The Market

Some of the key players in the Latin America Furniture Market are:

• Linea Brasil
• Dalla Costa
• Techni Mobili
• Santos Andira
• Politorno

Key Highlights of the Report:

• Latin America Furniture Market Outlook
• Market Size of Latin America Furniture Market, 2020
• Forecast of Latin America Furniture Market, 2027
• Historical Data and Forecast of Latin America Furniture Revenues & Volume for the Period 2017 - 2027
• Latin America Furniture Market Trend Evolution
• Latin America Furniture Market Drivers and Challenges
• Latin America Furniture Price Trends
• Latin America Furniture Porter's Five Forces
• Latin America Furniture Industry Life Cycle
• Historical Data and Forecast of Latin America Furniture Market Revenues & Volume By Material Types for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Furniture Market Revenues & Volume By Plastic for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Furniture Market Revenues & Volume By Wood for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Furniture Market Revenues & Volume By Metal for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Furniture Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Furniture Market Revenues & Volume By Material Types for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Furniture Market Revenues & Volume By Plastic for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Furniture Market Revenues & Volume By Wood for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Furniture Market Revenues & Volume By Metal for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Furniture Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Furniture Market Revenues & Volume By Material Types for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Furniture Market Revenues & Volume By Plastic for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Furniture Market Revenues & Volume By Wood for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Furniture Market Revenues & Volume By Metal for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Furniture Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Furniture Market Revenues & Volume By Material Types for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Furniture Market Revenues & Volume By Plastic for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Furniture Market Revenues & Volume By Wood for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Furniture Market Revenues & Volume By Metal for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Furniture Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Furniture Market Revenues & Volume By Material Types for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Furniture Market Revenues & Volume By Plastic for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Furniture Market Revenues & Volume By Wood for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Furniture Market Revenues & Volume By Metal for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Furniture Market Revenues & Volume By Other for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Furniture Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Furniture Market Revenues & Volume By Residential for the Period 2017 - 2027
• Historical Data and Forecast of Latin America Furniture Market Revenues & Volume By Commercial for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Furniture Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Furniture Market Revenues & Volume By Residential for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Furniture Market Revenues & Volume By Commercial for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Furniture Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Furniture Market Revenues & Volume By Residential for the Period 2017 - 2027
• Historical Data and Forecast of Mexico Furniture Market Revenues & Volume By Commercial for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Furniture Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Furniture Market Revenues & Volume By Residential for the Period 2017 - 2027
• Historical Data and Forecast of Argentina Furniture Market Revenues & Volume By Commercial for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Furniture Market Revenues & Volume By Applications for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Furniture Market Revenues & Volume By Residential for the Period 2017 - 2027
• Historical Data and Forecast of Rest of Latin America Furniture Market Revenues & Volume By Commercial for the Period 2017 - 2027
• Latin America Furniture Market - Key Performance Indicators
• Latin America Furniture Market - Import Export Trade Statistics
• Latin America Furniture Market - Opportunity Assessment By Countries
• Latin America Furniture Market - Opportunity Assessment By Material Types
• Latin America Furniture Market - Opportunity Assessment By Applications
• Latin America Furniture Market - Top Companies Market Share
• Latin America Furniture Market - Top Companies Profiles
• Latin America Furniture Market - Comparison of Players in Technical and Operating Parameters
• Latin America Furniture Market - Strategic Recommendations

Markets Covered

The Market report includes the following segments:

By Material Types:

• Plastic
• Wood
• Metal
• Others

By Applications:

• Residential
• Commercial

By Countries:

• Mexico
• Brazil
• Argentina
• Rest of Latin America