Furniture Outlook for Latin America and the Caribbean

The total furniture market size in Latin America and the Caribbean currently exceeds USD 16 billion. The largest 5 markets are Brazil, Mexico, Chile, Peru and Colombia.

Aim of this report is to provide a background analysis of the furniture market in Latin America and the Caribbean (28 considered countries) through a rich collection of key figures that include 2019 preliminary estimates of furniture basic data (production, consumption, imports, exports) by country and by geographical area, main trading partners, major urban markets for furniture in the area and furniture market forecasts up to 2021 by country.

For each of the 28 considered countries, the study provides a summary data table including:

• Country’s furniture market size (apparent consumption) in 2019
• Forecasts on the evolution of furniture market 2020 and 2021, based on the analysis of furniture industry dynamics and of macro-economic indicators
• Value of total furniture produced in the Country in 2019
• Imports and exports of furniture in 2019
• Main countries of origin of furniture imports and main countries of destination of furniture exports
• Additional socio-economic indicators: Total household consumption expenditure, Total GNP at purchasing power parity, Per capita GNP at purchasing power parity, Urban population, internet users and mobile cellular subscriptions
• Country rankings to place all statistics in a broad Latin American context

Geographical area included:

• South America (12 countries) : Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay, Venezuela
• Central America and Mexico (8 countries) : Belize, Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama
• The Caribbean (7 countries plus the Eastern Caribbean group of 6 countries): Bahamas, Barbados, Cuba, Dominican Republic, Haiti, Jamaica, Trinidad and Tobago. The Eastern Caribbean countries are Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines