Furniture & Homeware market in Malaysia
The Malaysian Furniture & Homeware eCommerce market is predicted to reach US$1,924.7 million by 2024 and accounts for 11.7% of the total eCommerce market in Malaysia. 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 17.4%, resulting in a projected market volume of US$3,662.5 million by 2028. Within the Furniture & Homeware market ECDB considers the following two sub-markets: Furniture and Homeware.
Monthly revenues
Monthly eCommerce revenues in the Malaysian Furniture market
The monthly eCommerce revenue of the Malaysian Furniture market was US$91 million in October 2024. This refers to a growth of 11.1% compared to September 2024. Within the last 12 months, the monthly revenue share was the highest in January 2024 with 10.4% of the total 2024 revenue of the Malaysian Furniture market and the lowest in September 2024 with 6.9% of the total 2024 revenue.
Revenue Last Month
US$91.4m
The eCommerce revenue grew by 11.1% from September 2024 to October 2024.
Monthly revenue shares in the last 12 months
0-2024 | 1-2024 | 2-2024 | 3-2024 | 4-2024 | 5-2024 | 6-2024 | 7-2024 | 8-2024 | 9-2024 | 10-2024 | 11-2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Monthly revenue share (in %) | 42.4 | 99.1 | 29.7 | 66.8 | 68.9 | 38.0 | 40.4 | 13.6 | 75.3 | 2.7 | 97.7 | 72.4 |
Market development
eCommerce revenue development in the Furniture market in Malaysia
The Malaysian Furniture eCommerce market is predicted to reach US$1,197.3 million by 2024 and accounts for 62.2% of the Furniture & Homeware eCommerce market in Malaysia. 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 17.1%, resulting in a projected market volume of US$2,254.0 million by 2028. The Furniture eCommerce market is a sub-market of the Furniture & Homeware market. Further categories within the Furniture & Homeware market are: Homeware.
eCommerce revenue development in the Furniture market in Malaysia
eCommerce revenue growth in the Furniture market in Malaysia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 49.6 | 97.8 | 59.8 | 66.7 | 32.1 | 41.0 | 74.3 | 45.3 |
Top stores
Top five Furniture online stores in Malaysia by net sales 2023
With sales in the Malaysian Furniture market, ikea.com generated a revenue of US$14.4 million in 2023, which means it is the leading online store in this market. The Furniture ranking of Malaysia 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 market in Malaysia 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% |
See further stores
Market definition
Definition of the Furniture market within the Furniture & Homeware market
Market definition: Furniture & Homeware > Furniture The category Furniture includes the online trade of kitchen furniture, bathroom furniture, livingroom furniture, and more. Online stores dedicated to the sale of unmovable objects (e.g. sinks, bath tubs, faucets) and furniture assembly services are not considered. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Kitchen furniture
- Bathroom furniture
- Livingroom furniture
- Bedroom furniture
- Dining room furniture
- Home office furniture
- Outdoor furniture
Out-of-scope
- Unmovable objects (e.g. sinks, bath tubs, faucets)
- Furniture assembly services
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