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.
Market development
eCommerce revenue development in the Home Office & Workplace Furniture market in Malaysia
The Malaysian Home Office & Workplace Furniture eCommerce market is predicted to reach US$119.5 million by 2024 and accounts for 10.0% of the Furniture 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 15.9%, resulting in a projected market volume of US$215.6 million by 2028. The Home Office & Workplace Furniture eCommerce market is a sub-market of the Furniture market. Further categories within the Furniture market are: Home & Living, Kitchen & Bath, Other Furniture, and Outdoor Furniture.
eCommerce revenue development in the Home Office & Workplace Furniture market in Malaysia
eCommerce revenue growth in the Home Office & Workplace Furniture market in Malaysia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 51.8 | 59.5 | 54.4 | 64.2 | 40.7 | 47.5 | 26.5 | 10.6 |
Market definition
Definition of the Home Office & Workplace Furniture market within the Furniture & Homeware market
Market definition: Furniture & Homeware > Furniture > Home Office & Workplace Furniture The category Home Office & Workplace Furniture includes the online trade of office chairs, computer desks, workstations, and more. This category does not cover computers, laptops and notebooks or tablets. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Office chairs
- Computer desks
- Workstations
- Office storage solutions
- Standing desk converters
- Modular office furniture
Out-of-scope
- Computers
- Laptops and notebooks
- Tablets
Market comparison
The Malaysian Home Office & Workplace Furniture market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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