Furniture & Homeware market in Canada
Market development
eCommerce revenue development in the Furniture & Homeware market in Canada
The Canadian Furniture & Homeware eCommerce market is predicted to reach US$6,474.1 million by 2024 and accounts for 10.4% of the total eCommerce market in Canada. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 11.5%, resulting in a projected market volume of US$10,013.0 million by 2028. Within the Furniture & Homeware market ECDB considers the following two sub-markets: Furniture and Homeware.
eCommerce revenue development in the Furniture & Homeware market in Canada
eCommerce revenue growth in the Furniture & Homeware market in Canada
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 68.5 | 34.9 | 9.2 | 5.8 | 59.8 | 69.6 | 88.2 | 29.9 |
Top stores
Top five Furniture & Homeware online stores in Canada by net sales 2023
With sales in the Canadian Furniture & Homeware market, amazon.ca generated a revenue of US$750.6 million in 2023, which means it is the leading online store in this market. The Furniture & Homeware ranking of Canada is based on all online stores that generated sales in this market in 2023. Due to a country- and category-dependent approach, both national and international online stores can be part of the ranking. The graph shows a filtered revenue. It only includes national sales within the respective market.
eCommerce net sales generated in the Furniture & Homeware market in Canada in 2023
Filtered revenue / share eCommerce net sales refer to the year 2023 | Global revenue eCommerce net sales refer to the year 2023 | Growth eCommerce net sales growth refers to 2023/2022 | |
---|---|---|---|
US$900.0m 20.7% | US$8,300.0m | 8.3% | |
US$550.0m 12.0% | US$4,600.0m | 12.4% | |
US$470.0m 3.9% | US$1,190.0m | 33.6% | |
US$430.0m 20.6% | US$2,122.0m | 18.0% | |
US$370.0m 20.7% | US$1,814.0m | 12.6% |
Payment Methods
Top 5 offered payment methods in the Canadian Furniture & Homeware market
With 98.1% VISA the most commonly offered payment method of all online stores in the Canadian Furniture & Homeware eCommerce market in 2023. Like VISA Mastercard with a penetration of 98.1%, American Express with a share of 79.6%, and Discover with a share of 38.0% the payment type Cards is the most common used by online retailers in in the Canadian Furniture & Homeware eCommerce market in 2023. With a share 63.0% PayPal is the most common used payment method offered to the clients of type E-wallets.
Top 5 offered payment methods in the Canadian Furniture & Homeware market
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Shipping Service Provider
Top 5 offered shipping providers in the Canadian Furniture & Homeware market
Despite FedEx's dominant position with 58.7% of online stores opting for its services, the Canadian Furniture & Homeware eCommerce market in 2023 remains diverse and competitive. Several other shipping service providers, including Canada Post, UPS (United Parcel Service), Purolator, and Canpar, hold smaller but significant shares, contributing to a dynamic and fragmented market.
Top 5 offered shipping providers in the Canadian Furniture & Homeware market
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Market definition
Definition of the Furniture & Homeware market
Market definition: Furniture & Homeware The category Furniture & Homeware comprises digital sales of furniture (e.g. tables, chairs, beds, cabinets) and homeware (e.g. lamps, tableware, carpets, blinds, decorations) for the private end user (B2C). Not covered are unmovable objects (e.g. sinks, bath tubs, faucets), interior finishes (e.g. floorings, paints, wallpapers) or household appliances. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Furniture (e.g. tables, chairs, beds, cabinets)
- Homeware (e.g. lamps, tableware, carpets, blinds, decorations)
Out-of-scope
- Unmovable objects (e.g. sinks, bath tubs, faucets)
- Interior finishes (e.g. floorings, paints, wallpapers)
- Household appliances
- Consumer electronics
- Furniture assembly services
- Interior design services
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