The Colombia furniture market size was approximately USD 4.41 Billion in 2024. The market is assessed to grow at a CAGR of 5.20% between 2025 and 2034, reaching a value of USD 7.32 Billion by 2034.
The Colombia furniture market is driven by the rise in disposable incomes and improving living standards of the population, along with increasing residential and commercial construction. With the increase in income levels, people now have more financial resources to invest in luxurious furniture that enhances their comfort and overall quality of life. Additionally, the surging popularity of e-commerce platforms has further propelled thefurniture marketin Colombia.
Nowadays, furniture manufacturers are prioritising the use of reused and recycled materials, as well as wood from ethically managed forests, to cater to the demand of environmentally conscious consumers. Furthermore, wooden furniture is particularly popular because of its durability compared to other materials. To minimise their environmental impact, manufacturers are adopting green production methods such as water-based adhesives, minimal volatile organic compound coatings, and energy-efficient manufacturing procedures.
In the ever-evolving market, businesses are broadening their horizons by introducing both physical and virtual stores. For instance, in September 2023, IKEA, a well-known furniture retailer, made a strategic move by opening its first store in Bogotá, Colombia. By introducing a diverse range of stylish, durable, and affordable furniture options to consumers, the company aimed to revolutionise the home décor landscape in Colombia. The company also launched its online store Ikea.com.co to provide Colombian customers access to more than 6,000 home products and solutions.
The Colombia furniture market is driven by the rise in disposable incomes and improving living standards of the population, along with increasing residential and commercial construction. With the increase in income levels, people now have more financial resources to invest in luxurious furniture that enhances their comfort and overall quality of life. Additionally, the surging popularity of e-commerce platforms has further propelled thefurniture marketin Colombia.
Nowadays, furniture manufacturers are prioritising the use of reused and recycled materials, as well as wood from ethically managed forests, to cater to the demand of environmentally conscious consumers. Furthermore, wooden furniture is particularly popular because of its durability compared to other materials. To minimise their environmental impact, manufacturers are adopting green production methods such as water-based adhesives, minimal volatile organic compound coatings, and energy-efficient manufacturing procedures.
In the ever-evolving market, businesses are broadening their horizons by introducing both physical and virtual stores. For instance, in September 2023, IKEA, a well-known furniture retailer, made a strategic move by opening its first store in Bogotá, Colombia. By introducing a diverse range of stylish, durable, and affordable furniture options to consumers, the company aimed to revolutionise the home décor landscape in Colombia. The company also launched its online store Ikea.com.co to provide Colombian customers access to more than 6,000 home products and solutions.
Market Segmentation
Colombia Furniture Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segmentsMarket Breakup by Type:
- Beds
- Tables and Desks
- Sofa and Couch
- Chairs and Stools
- Cabinets and Shelves
- Others
Market Breakup by Material:
- Metal
- Wood
- Plastic
- Glass
- Others
Market Breakup by End Use:
- Residential
- Commercial
Market Breakup by Distribution Channel:
- Home Centres
- Flagship Stores
- Speciality Stores
- Online
- Others
Competitive Landscape
The market players are placing a greater emphasis on utilising sustainable and eco-friendly materials to attract environmentally conscious consumers while leveraging advanced technologies to enhance production operations.- Inter IKEA Systems B.V.
- Steelcase Inc.
- Haworth, Inc.
- Wood Products Manufacturing Industry IMA S.A.
- Colchones Rosen S.A.I.C.
- Macizo
- Fábrica de Muebles MV
- Grupo Plus Colombia
- MadeMuebles
- Mobiliario Del Portilo SAS
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Latin America Furniture Market Overview
6 Colombia Furniture Market Overview
7 Colombia Furniture Market by Type
8 Colombia Furniture Market by Material
9 Colombia Furniture Market by End Use
10 Colombia Furniture Market by Distribution Channel
11 Market Dynamics
12 Trade Data Analysis (HS Code: 943)
13 Competitive Landscape
Companies Mentioned
- Inter IKEA Systems B.V.
- Steelcase Inc.
- Haworth, Inc.
- Wood Products Manufacturing Industry IMA S.A.
- Colchones Rosen S.A.I.C.
- Macizo
- Fábrica de Muebles MV
- Grupo Plus Colombia
- MadeMuebles
- Mobiliario Del Portilo SAS
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 101 |
| Published | May 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 4.41 Billion |
| Forecasted Market Value ( USD | $ 7.32 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Colombia |
| No. of Companies Mentioned | 10 |
