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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Colombia Furniture Market Outlook

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 6.95 billion by 2034.

Key Takeaways

  • The adoption of cutting-edge technologies including 3D printing, augmented reality, and robotics helps improve product customisation and design, which is driving the Colombia furniture market growth.
  • Colombia procures most of its teak, wood, and furniture from Mexico, Brazil, and the United States.
  • In April 2023, Jamar, the furniture brand headquartered in Colombia, selected Bogota as the location to launch the biggest furniture and mattress store in the nation.

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 the furniture market in 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 segments

Market 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

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Material
  • End Use
  • Distribution Channel
Breakup by Type
  • Beds
  • Tables and Desks
  • Sofa and Couch
  • Chairs and Stools
  • Cabinets and Shelves
  • Others
Breakup by Material
  • Metal
  • Wood
  • Plastic
  • Glass
  • Others
Breakup by End Use
  • Residential
  • Commercial
Breakup by Distribution Channel
  • Home Centres
  • Flagship Stores
  • Speciality Stores
  • Online
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 4.41 billion.

The market is projected to grow at a CAGR of 5.20% between 2025 and 2034.

The market is estimated to witness a healthy growth during 2025-2034 to reach around USD 6.95 billion by 2034.

The market is driven by rising population, the surge in residential and commercial construction, and the flourishing hotel and real estate sectors.

The key trends aiding the market expansion include the adoption of cutting-edge technologies in production methods and the use of sustainable raw materials.

The major types of furniture in the market are beds, tables and desks, sofa and couch, chairs and stools, and cabinets and shelves, among others.

The major materials used for furniture are metal, wood, plastic, and glass, among others.

The major players in the market are 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, and Mobiliario Del Portilo SAS, among others.

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