Latin America Eco-friendly Furniture Market Size & Outlook
Latin America eco-friendly furniture market, 2018-2030 (US$M)
Related Markets
Latin America eco-friendly furniture market highlights
- The Latin America eco-friendly furniture market generated a revenue of USD 896.3 million in 2021.
- The market is expected to grow at a CAGR of 9.4% from 2022 to 2030.
- In terms of segment, commercial was the largest revenue generating end user in 2021.
- Commercial is the most lucrative end user segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2021 | USD 896.3 million |
| Market revenue in 2030 | USD 2,010.4 million |
| Growth rate | 9.4% (CAGR from 2021 to 2030) |
| Largest segment | Commercial |
| Fastest growing segment | Commercial |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Commercial |
| Key market players worldwide | Cisco Systems Inc, Lee Enterprises Inc, Williams-Sonoma Inc, La-Z-Boy Inc, Ashley Services Group Ltd DR, Ethan Allen Interiors Inc, King Living SG, Roche Bobois, Vermont Woods Studios, Sabai Design, Greenington, Vestre, Maiden Home, Inter Ikea |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.2% of the global eco-friendly furniture market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 20,821.3 million by 2030.
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Eco-friendly Furniture Market Scope
Eco-friendly Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America eco-friendly 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 eco-friendly furniture market will help companies and investors design strategic landscapes.
Commercial was the largest segment with a revenue share of 53.21% in 2021. Horizon Databook has segmented the Latin America eco-friendly furniture market based on residential, commercial covering the revenue growth of each sub-segment from 2018 to 2030.
Deforestation of the Amazon rainforest in South America was at a 12-year high in 2020 owing to Brazil’s rollback of environmental policies. According to a study by the University of Florida, the forest is likely to collapse and dry out by 2064.
Sustainable practices and usage of eco-friendly products such as furniture could prevent the situation from deteriorating further. The region has a presence of ecofriendly furniture companies such as Brazil-based Fabric de Moves Florence Ltda. and increasing environmental awareness can lead to market growth.
According to a report published by The Economist Intelligence Unit (EIU) Limited, Latin America saw the highest growth of 136% in posts related to nature & biodiversity on Twitter, over the period 2016-2019.
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Target buyers of Latin America eco-friendly furniture market databook
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Our clientele includes a mix of eco-friendly 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 continent-level data and insights on the Latin America eco-friendly furniture market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America eco-friendly furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America Eco-friendly Furniture Market Outlook Share, 2021 & 2030 (US$M)
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