Global Furniture & Homeware market

The global Furniture & Homeware eCommerce market is expected to increase over the next years. It is predicted to reach US$460,823.9 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 8.4%. ECDB considers the following two sub-markets within the Furniture & Homeware market: Furniture and Homeware. Furniture is the largest sub-market and accounts for 55.1% of the global Furniture & Homeware market.

Market development

eCommerce revenue development in the global Furniture market

The global Furniture eCommerce market is expected to increase over the next years. It is predicted to reach US$254,000.3 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 8.1%. The Furniture eCommerce market is a sub-market of the Furniture & Homeware market and accounts for 55.1% within this market. Further categories within the Furniture & Homeware market are: Homeware.

eCommerce revenue development in the global Furniture market

in million US$

eCommerce revenue growth in the global Furniture market

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)0.971.099.842.428.525.633.997.2

Online share

eCommerce online share of the total Furniture market

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the global Furniture retail market, the online share is 27.4% and will increase by an average of 3.3% to 31.2% by 2028.

eCommerce online share of the total Furniture market

in %
20202021202220232024202520262027
Online share (in %)40.2%5.0%63.5%73.3%88.7%59.2%19.7%68.2%

Top stores

Top five Furniture online stores worldwide by net sales 2023

With sales in the global Furniture market, jd.com generated a revenue of US$5,791.7 million in 2023, which means it is the leading online store in this market. The global Furniture ranking 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 ranking shows a filtered revenue. It only includes sales within the market Furniture.

eCommerce net sales generated in the Furniture market in 2023

in million US$
Filtered revenue / share
Global revenue
Growth
US$900.0m
20.7%
US$8,300.0m8.3%
US$550.0m
12.0%
US$4,600.0m12.4%
US$470.0m
3.9%
US$1,190.0m33.6%
US$430.0m
20.6%
US$2,122.0m18.0%
US$370.0m
20.7%
US$1,814.0m12.6%

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