Data from SiiLA's Market Analytics shows that the Consumer Goods sector is the main driver of demand for industrial space in the country. This segment currently occupies 7.8 million m² across Class A+, A, and B properties throughout Brazil, marking an increase of 149.2 thousand m² from the previous quarter (Q2 2024). Compared to Q3 2023, the segment expanded by 642.1 thousand m².

SiiLA's analysis allows a detailed view of the various categories within this sector, providing insights into how companies from diverse industries are utilizing the industrial property market. Key categories include:

• Household Products: with players like Marabraz, Mobly, and Tok Stok;
• Electronics: including companies like Electrolux, Elgin, and Foxconn;
• Personal Products: featuring names like L'Oréal, Avon, and Colgate;
• Clothing & Accessories: encompassing Track & Field, Levi's, and Zara;
• Consumer Goods: represented by large companies like Shopee, Mercado Livre, and Magalu.

This segment’s growth is largely driven by the ambitious expansion plans of companies such as Mercado Livre, which leased 351 thousand m² of industrial properties in Brazil in 2024 alone. Since 2017, the company has reached a cumulative gross absorption of over 1.7 million m² in Class A+, A, and B properties tracked by SiiLA, solidifying its position as the largest occupier of industrial space in the Consumer Goods sector.