Argentina Furniture Market Overview, 2028

Argentina's furniture industry is a fascinating fusion of historical culture, cutting-edge design, and shifting customer tastes. Argentina's furniture sector has carved out a unique position in the international market thanks to its long history, which is deeply steeped in European influences, and its strong commitment to aesthetic craftsmanship. The country's furniture landscape exhibits a blend of ancient methods and current design sensibilities, from its colonial beginnings to its modern renaissance. Argentina's furniture market continues to enthral with its vast range of styles, materials, and aesthetic inspirations even as it navigates economic changes and adopts ecological practices. Particularly in places like Buenos Aires and Cordoba, Argentina has seen the rise of design and innovation centers. These hubs unite designers, artisans, and businesspeople to collaborate, exhibit their works, and spread knowledge of cutting-edge furniture ideas both domestically and abroad. Traditional workmanship is still a distinguishing feature of Argentine furniture. Furniture items that feature detailed workmanship, hand-carved motifs, and locally sourced materials are clear examples of efforts to conserve and appreciate these time-honored skills. The indigenous patterns, motifs, and materials used in Argentinean furniture designs might be considered influences. This gives the nation's selection of furnishings a distinctive and culturally significant character. With artists and designers working together to produce furniture pieces that straddle the border between practical design and aesthetic expression, the distinction between art and furniture has become less clear. This fashion has produced some incredibly distinctive and sculptural furniture. According to the research report "Argentina Furniture Market Overview, 2028," published by Bonafide Research, the Argentina Furniture market is projected to reach market size of USD 3.90 Billion by 2028. The furniture design in Argentina has been significantly influenced by the country's history of European colonization. Many pieces of Argentine furniture exhibit intricate detailing, skilled craftsmanship, and traditional forms that show influences from Spanish, Italian, French, and other European designs. Both elegance and comfort are frequently emphasized in Argentine furniture. The aesthetic attractiveness of the pieces is combined with a welcoming and comfortable experience for the user. Furniture from Argentina is a way to display one's cultural and personal identity. Many designers get their inspiration from their history, which produces pieces of furniture with a narrative and sentimental meaning. The Butterfly Chair is a famous Argentine design that stands out for its understated elegance. Antonio Bonet, Juan Kurchan, and Jorge Ferrari-Hardoy were the designers of this sling chair, which has a metal frame and a leather or canvas seat suspended from a single point. The chair was first created in 1938. The design has become a classic in Argentine and international interiors thanks to its ergonomic shape and minimalist attractiveness. The agricultural and ranching heritage of Argentina is symbolized by stancia furniture. These items are frequently made from regional materials like leather and wood. The Estancia chair is a representation of traditional Argentine workmanship because of its robust timber frame and leather seat.

Based on product, market is segmented into beds, tables & desks, sofa & couch, chairs & stools, cabinets & shelves, and others. Cabinets and shelves furniture products have gained significant popularity in recent years in Argentina. Smaller living spaces are frequently the result of urbanization, particularly in cities where apartments and compact housing are popular. Cabinets and shelves offer effective storage options that help maximize available space and arrange living rooms. With the advent of remote work and home-based businesses, there is a greater need for home office spaces. Cabinets and shelves are popular choices for home offices since they are useful for organizing paperwork, supplies, and technology. Ornamental cabinets and shelves can be used to create focal points in spaces by displaying personal objects, artwork, or ornamental elements. This tendency corresponds to the desire to create distinctive and visually appealing living environments. Furthermore material used in furniture products in Argentina includes, wood, metal, plastic, glass, and others. Plastic material is predicted to grow at the fastest rate during the forecast period. Plastic can be molded into a wide range of forms and designs, providing a high degree of design flexibility. This enables producers to design contemporary and inventive furniture types that respond to changing consumer tastes. Plastic furniture is frequently lightweight and weather-resistant, making it suited for both indoor and outdoor use. This adaptability corresponds to evolving lifestyle patterns and the desire for furniture that can move easily across rooms. Interior design and furniture style trends can shift swiftly. Plastic furniture is an appealing alternative for consumers who want to replace their furniture to keep up with current trends without making a large investment. Based on category, market is bifurcated into indoor and outdoor. Indoor category is majorly leading the market of Argentina. The trend toward spending more time indoors, fueled by reasons such as work-from-home arrangements, entertainment, and leisure activities, increases demand for indoor furniture that can accommodate a variety of activities and needs. Argentina's varied climate, with temperature and weather variations, can impact the demand for indoor living areas that provide comfort and protection from the elements. Indoor furniture is frequently created with comfort, functionality, and usability in mind, reflecting the needs and preferences of homes for daily activities. Furniture products are widely used in residential application and is leading the market as well. Family and social relationships are highly valued in Argentine society. Homes are seen as major gathering spaces for family and friends, resulting in a desire for furniture that promotes comfortable and welcoming conditions for these interactions. The home is frequently regarded as a refuge in which people seek rest, comfort, and seclusion. Furniture is essential to establishing places that promote personal well-being and provide a sense of security. Argentinians have a strong sense of style and aesthetics, and they value furniture that complements and enhances the entire interior decor of their homes. The furniture products are widely distributed through speciality stores in Argentina and is also playing crucial role in the development of the market as well. Personalized and customized buying experiences are frequently valued by Argentine shoppers. Customers can receive expert advice, ideas, and support from knowledgeable staff at specialty stores, which provide a more personalized and focused setting. Specialty stores select a wide range of furniture products to suit a wide range of tastes and trends. Customers can go through several possibilities and select furniture pieces that suit their unique tastes. Locally manufactured or artisanal furniture is frequently featured in specialty stores, allowing customers to support local workmanship and artistic skill. Some of the major speciality stores of Argentina that distributes furniture products includes, Sodimac, Falabella, Muebles Jamar, Casa Joven and many more.

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Manmayi Raval

Research Consultant

Considered in this report: • Geography: Argentina • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report: • Argentina Furniture market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Material: • Wood • Metal • Plastic • Glass • Others

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By Product: • Beds • Tables & Desks • Sofa & Couch • Chairs & Stools • Cabinets & Shelves • Others By Category: • Indoor • Outdoor By Application: • Residential • Office • Hotel • Others (Hospital Furniture) By Distribution Channel: • Specialty Stores (Traditional Stores, Branded Furniture/Flagships Stores, Lifestyle Stores, Home Centers) • Supermarkets and Hypermarkets (Department Stores, Discount Department Stores) • Online • Others (Office Supply Stores, Buying Through a Designer) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Furniture industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.