Furniture & Homeware market in New Zealand
The New Zealand Furniture & Homeware eCommerce market is predicted to reach US$758.2 million by 2024 and accounts for 11.3% of the total eCommerce market in New Zealand. 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 4.8%, resulting in a projected market volume of US$915.9 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 & Living market in New Zealand
The New Zealand Home & Living eCommerce market is predicted to reach US$312.9 million by 2024 and accounts for 69.7% of the Furniture eCommerce market in New Zealand. 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 4.9%, resulting in a projected market volume of US$378.6 million by 2028. The Home & Living eCommerce market is a sub-market of the Furniture market. Further categories within the Furniture market are: Home Office & Workplace Furniture, Kitchen & Bath, Other Furniture, and Outdoor Furniture.
eCommerce revenue development in the Home & Living market in New Zealand
eCommerce revenue growth in the Home & Living market in New Zealand
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 40.9 | 88.3 | 88.4 | 8.7 | 20.9 | 31.5 | 73.7 | 63.0 | ||||
as of Furniture (in %) | 8.3 | 8.5 | 8.4 | 10.1 | 9.4 | 9.5 | 9.8 | 10.0 | 10.4 | 10.4 | 10.3 | 10.1 |
Market definition
Definition of the Home & Living market within the Furniture & Homeware market
Market definition: Furniture & Homeware > Furniture > Home & Living The category Home & Living includes the online trade of livingroom furniture, bedroom furniture, dining room furniture, and more. This category does not cover kitchen furniture, bathroom furniture or home office furniture. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Livingroom furniture
- Bedroom furniture
- Dining room Furniture
- Hallway furniture
Out-of-scope
- Kitchen furniture
- Bathroom furniture
- Home office furniture
- Outdoor furniture
Market comparison
The New Zealand Home & Living market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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