Colombia Furniture Market Report and Forecast 2025-2034
Description
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.
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
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 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
Table of Contents
101 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Latin America Furniture Market Overview
- 5.1 Key Industry Highlights
- 5.2 Latin America Furniture Historical Market (2018-2024)
- 5.3 Latin America Furniture Market Forecast (2025-2034)
- 5.4 Latin America Furniture Market Share by Country
- 5.4.1 Brazil
- 5.4.2 Mexico
- 5.4.3 Argentina
- 5.4.4 Colombia
- 5.4.5 Others
- 6 Colombia Furniture Market Overview
- 6.1 Key Industry Highlights
- 6.2 Colombia Furniture Historical Market (2018-2024)
- 6.3 Colombia Furniture Market Forecast (2025-2034)
- 7 Colombia Furniture Market by Type
- 7.1 Beds
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Tables and Desks
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Sofa and Couch
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Chairs and Stools
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Cabinets and Shelves
- 7.5.1 Historical Trend (2018-2024)
- 7.5.2 Forecast Trend (2025-2034)
- 7.6 Others
- 8 Colombia Furniture Market by Material
- 8.1 Metal
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Wood
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Plastic
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Glass
- 8.4.1 Historical Trend (2018-2024)
- 8.4.2 Forecast Trend (2025-2034)
- 8.5 Others
- 9 Colombia Furniture Market by End Use
- 9.1 Residential
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Commercial
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 Colombia Furniture Market by Distribution Channel
- 10.1 Home Centres
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Flagship Stores
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Speciality Stores
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Online
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyers Powers
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Trade Data Analysis (HS Code: 943)
- 12.1 Major Importing Countries
- 12.1.1 By Volume
- 12.1.2 By Value
- 12.2 Major Exporting Countries
- 12.2.1 By Volume
- 12.2.2 By Value
- 13 Competitive Landscape
- 13.1 Supplier Selection
- 13.2 Key Global Players
- 13.3 Key Regional Players
- 13.4 Key Player Strategies
- 13.5 Company Profiles
- 13.5.1 Inter IKEA Systems B.V.
- 13.5.1.1 Company Overview
- 13.5.1.2 Product Portfolio
- 13.5.1.3 Demographic Reach and Achievements
- 13.5.1.4 Certifications
- 13.5.2 Steelcase Inc.
- 13.5.2.1 Company Overview
- 13.5.2.2 Product Portfolio
- 13.5.2.3 Demographic Reach and Achievements
- 13.5.2.4 Certifications
- 13.5.3 Haworth, Inc.
- 13.5.3.1 Company Overview
- 13.5.3.2 Product Portfolio
- 13.5.3.3 Demographic Reach and Achievements
- 13.5.3.4 Certifications
- 13.5.4 Wood Products Manufacturing Industry IMA S.A.
- 13.5.4.1 Company Overview
- 13.5.4.2 Product Portfolio
- 13.5.4.3 Demographic Reach and Achievements
- 13.5.4.4 Certifications
- 13.5.5 Colchones Rosen S.A.I.C.
- 13.5.5.1 Company Overview
- 13.5.5.2 Product Portfolio
- 13.5.5.3 Demographic Reach and Achievements
- 13.5.5.4 Certifications
- 13.5.6 Macizo
- 13.5.6.1 Company Overview
- 13.5.6.2 Product Portfolio
- 13.5.6.3 Demographic Reach and Achievements
- 13.5.6.4 Certifications
- 13.5.7 Fábrica de Muebles MV
- 13.5.7.1 Company Overview
- 13.5.7.2 Product Portfolio
- 13.5.7.3 Demographic Reach and Achievements
- 13.5.7.4 Certifications
- 13.5.8 Grupo Plus Colombia
- 13.5.8.1 Company Overview
- 13.5.8.2 Product Portfolio
- 13.5.8.3 Demographic Reach and Achievements
- 13.5.8.4 Certifications
- 13.5.9 MadeMuebles
- 13.5.9.1 Company Overview
- 13.5.9.2 Product Portfolio
- 13.5.9.3 Demographic Reach and Achievements
- 13.5.9.4 Certifications
- 13.5.10 Mobiliario Del Portilo SAS
- 13.5.10.1 Company Overview
- 13.5.10.2 Product Portfolio
- 13.5.10.3 Demographic Reach and Achievements
- 13.5.10.4 Certifications
- 13.5.11 Others
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