Mexico Contract Furniture Market Size & Outlook, 2023-2030
Mexico contract furniture market, 2018-2030 (US$M)
Related Markets
Mexico contract furniture market highlights
- The Mexico contract furniture market generated a revenue of USD 2,367.6 million in 2023 and is expected to reach USD 3,327.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5% 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 2,367.6 million |
| Market revenue in 2030 | USD 3,327.2 million |
| Growth rate | 5% (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, Mexico accounted for 1.6% 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 North America, U.S. contract furniture market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 5,940.6 million by 2030.
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Contract Furniture Market Scope
Contract Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 33.12% in 2023. Horizon Databook has segmented the Mexico 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.
Ranging from global brands like La-ZBoy to domestic-focused companies like Quetzal, the industry offers a diverse range of products, from modern metal office and hospitality furniture to stylish wooden pieces and medical fixtures, catering to both domestic and international markets.
Among regional players, PAROTAS is known for its production of contract furniture, including dining tables, coffee tables, bar tables, chairs, stools, and benches, tailored for professional projects with a focus on sustainability and contemporary design.
Among regional players, PAROTAS is known for its production of contract furniture, including dining tables, coffee tables, bar tables, chairs, stools, and benches, tailored for professional projects with a focus on sustainability and contemporary design.
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Our clientele includes a mix of contract furniture market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico contract furniture market , including forecasts for subscribers. This country databook contains high-level insights into Mexico contract furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico contract furniture market size, by product, 2018-2030 (US$M)
Mexico Contract Furniture Market Outlook Share, 2023 & 2030 (US$M)
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