Furniture & Homeware market in South Korea
The South Korean Furniture & Homeware eCommerce market is predicted to reach US$12,470.0 million by 2024 and accounts for 9.0% of the total eCommerce market in South Korea. 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 4.2%, resulting in a projected market volume of US$14,688.2 million by 2028. Within the Furniture & Homeware market ECDB considers the following two sub-markets: Furniture and Homeware.
Market development
eCommerce revenue development in the Other Home & Living Furniture market in South Korea
The South Korean Other Home & Living Furniture eCommerce market is predicted to reach US$451.5 million by 2024 and accounts for 9.7% of the Home & Living eCommerce market in South Korea. 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 2.2%, resulting in a projected market volume of US$493.1 million by 2028. The Other Home & Living Furniture eCommerce market is a sub-market of the Home & Living market. Further categories within the Home & Living market are: Beds, Cabinets & Shelves, Chairs, Mattresses, and Tables.
eCommerce revenue development in the Other Home & Living Furniture market in South Korea
eCommerce revenue growth in the Other Home & Living Furniture market in South Korea
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 30.9 | 87.7 | 94.4 | 6.7 | 1.5 | 85.8 | 88.8 | 96.6 |
Market definition
Definition of the Other Home & Living Furniture market within the Furniture & Homeware market
Market definition: Furniture & Homeware > Furniture > Home & Living > Other Home & Living Furniture The category Other Home & Living Furniture includes the online trade of armchairs, recliners, sofas, and more. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Armchairs
- Recliners
- Sofas
- Couches
Market comparison
The South Korean Other Home & Living Furniture market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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