Value sales of home furnishings are projected to grow at a modest pace in current terms in Mexico over the forecast period, though decline is expected at constant 2024 prices. Factors affecting demand positively involve a confluence of economic, social, and technological developments.
Mexico’s home furnishings market is expected to be increasingly driven by younger, urban consumers who prioritise affordability, versatility, and compact design. As economic pressures such as high inflation and tighter credit conditions persist, demand is likely to shift further away from premium offerings and toward modular, self-assembly, and multi-functional furniture suited to smaller homes and tighter budgets.
From 2024 to 2029, innovation in Mexico’s home furnishings category is expected to focus increasingly on smart furniture and tech-enhanced home products. As remote work remains part of daily life for many, and as consumers seek more value from limited living spaces, demand is likely to grow for multi-functional items such as desks with built-in power solutions, lighting with app or voice control, and modular furniture adaptable to different uses.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Home Furnishings industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Furnishings industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Furnishings
The furniture and other moveable articles in a home that are necessary or useful for comfort and convenience. Items must be new when sold to the consumer; second-hand/used home furnishings are excluded. Antiques are also excluded. Home furnishings refers to indoor living (home textiles, indoor furniture and window coverings), outdoor living (BBQ's, garden sheds and outdoor furniture) and lighting (lighting sources and light fixtures).
See all of our definitionsThis report originates from Passport, our Home Furnishings research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!