Latin America Outdoor Living Structure Market Size & Outlook
Latin America outdoor living structure market, 2018-2030 (US$M)
Latin America outdoor living structure market highlights
- The Latin America outdoor living structure market generated a revenue of USD 52.8 million in 2023.
- The market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, pergolas/patio was the largest revenue generating product in 2023.
- Pergolas/Patio is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 52.8 million |
| Market revenue in 2030 | USD 88.0 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Pergolas/patio |
| Fastest growing segment | Pergolas/Patio |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pergolas/Patio |
| Key market players worldwide | Scandium Canada Ltd Ordinary Shares, Renson, Outdoor Living Supply, Absolute Outdoor, Corradi USA, Totally Outdoors, Outdoor World Direct, Aussie Outdoor Living |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.4% of the global outdoor living structure market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 161.6 million by 2030.
Pergolas/patio was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America outdoor living structure market based on pergolas/patio covering the revenue growth of each sub-segment from 2018 to 2030.
The Central and South America is a region with high economic complexities. Though the CSA countries are basically dependent on agriculture, residential building is a key sector which is witnessing substantial growth in recent times.
Countries in the CSA region including Brazil and Argentina have taken initiatives to make partnerships with the private sector to enhance building and construction activities. Owing to the presence of rich natural resources, the region has attracted foreign investments from North American and European countries. In 2019, the countries in CSA which received maximum foreign direct investment included Brazil, Colombia, Chile, and Peru.
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Outdoor Living Structure Market Scope
Outdoor Living Structure Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America outdoor living structure market
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