Brazil Contract Furniture Market Size & Outlook, 2023-2030
Brazil contract furniture market, 2018-2030 (US$M)
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Brazil contract furniture market highlights
- The Brazil contract furniture market generated a revenue of USD 3,201.4 million in 2023 and is expected to reach USD 4,718.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, chairs & stools was the largest revenue generating product in 2023.
- Sofa & Couch is the most lucrative product segment registering the fastest growth during the forecast period.
Contract furniture market data book summary
| Market revenue in 2023 | USD 3,201.4 million |
| Market revenue in 2030 | USD 4,718.7 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Chairs & stools |
| Fastest growing segment | Sofa & Couch |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chairs & Stools, Tables & Desks, Storage Furniture, Sofa & Couch |
| Key market players worldwide | MillerKnoll Inc, Steelcase Inc Class A, HNI Corp, Global Industrial Co, Haworth, Inc., Kinnarps, Teknion, OFS |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.2% of the global contract furniture market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil contract furniture market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 4,718.7 million by 2030.
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Contract Furniture Market Scope
Contract Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil contract furniture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to contract furniture market will help companies and investors design strategic landscapes.
Chairs & stools was the largest segment with a revenue share of 34.22% in 2023. Horizon Databook has segmented the Brazil contract furniture market based on chairs & stools, tables & desks, storage furniture, sofa & couch covering the revenue growth of each sub-segment from 2018 to 2030.
The real estate market in Brazil is experiencing positive momentum driven by several macroeconomic factors, including declining interest rates projected to reach 9% by the end of 2024, improving fiscal indicators, and stable inflation.
With the economy recovering from the impacts of COVID-19 and inflation moderating, consumers are regaining trust in the market, fueling the demand for commercial spaces, residential properties, and investment opportunities.
In addition, according to The Brazilian Report published in September 2023, there is a notable resurgence in Brazilian businesses, particularly in the tech sector, with return-to-office mandates, leading to a surge in demand for office spaces.
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Target buyers of Brazil contract furniture market databook
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Our clientele includes a mix of contract furniture market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil contract furniture market , including forecasts for subscribers. This country databook contains high-level insights into Brazil contract furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil contract furniture market size, by product, 2018-2030 (US$M)
Brazil Contract Furniture Market Outlook Share, 2023 & 2030 (US$M)
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