Major Market Shift in E-Commerce Furniture Industry: Technological Integration Transforming The E-Commerce Furniture Market

What Is the Forecasted Market Size and Growth Rate for the E-Commerce Furniture Market?
The size of the E-commerce furniture market has seen robust growth in the past few years. It is expected to surge from $34.6 billion in 2024 to $37.4 billion in 2025, with a compound annual growth rate (CAGR) of 8.1%. Factors such as a shift towards online purchases, changes in rules and regulations, discrepancy in the disposable income, ageing demographics, and alterations in household compositions are attributed to the growth in the historic period.

The projected increase in the E-commerce furniture market size is anticipated to be considerable in the coming years, reaching $50.41 billion by 2029 with a compound annual growth rate (CAGR) of 7.7%. This projected growth is due to factors such as the expansion of mobile commerce, heightened consumer knowledge about environmentally friendly materials, personalization trends, globalized supply chains, and strategic collaborations. Key trends to watch in this period include sustainable and eco-friendly furniture options, the proliferation of E-commerce platforms, omnichannel retailing, and the implementation of technologies such as augmented reality (AR) and virtual reality (VR).

What Is Stimulating Growth in the E-Commerce Furniture Market?
The anticipated surge in the E-commerce furniture market is mainly fueled by the prevalent usage of smartphones. Designed chiefly for communication, accessing the internet and operating various applications, smartphones are mobile electronic devices that have seen a significant increase in usage due to their flexibility, adaptability, easy access to online services and the surge in application offerings. To create a smooth surfing and shopping experience on smartphones and tablets, E-commerce furniture retailers have tailored their websites and fashioned mobile applications. For example, as per a study released by Uswitch Limited, an online and phone-based comparison and switching service based in the UK, in February 2023, there were 71.8 million active mobile connections in 2022, which saw a growth of 3.8% from 2021. The UK will have a population of 68.3 million by 2025, out of whom 95% will own smartphones. Thus, driving the E-commerce furniture market expansion is the escalating usage of smartphones and other mobile devices.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15359&type=smp

Which Businesses Are at the Forefront of E-Commerce Furniture Market Development?
Major companies operating in the E-commerce furniture market are Walmart Inc., Amazon.com Inc., The Home Depot Inc., JD.com Inc., Lowe's Companies Inc., Inter IKEA Systems B.V., Coupang Corp., Wayfair Inc., Anthropologie LLC, Ashley Furniture Industries Inc., Steelcase Inc., HNI Corporation, Dunelm Group plc, La-Z-Boy Incorporated, Knoll Inc., Ethan Allen Interiors Inc., Westwing, Hooker Furniture Corporation, Cdiscount.com Inc., Bassett Furniture Industries Inc., CB2, Hayneedle Inc., Cymax Group, Tmall.com, Bygghemma Group First AB

What Are the Latest Innovations in the E-Commerce Furniture Market?
Prominent businesses in the E-commerce furniture sector are using AI-driven interactive design features to improve the online shopping journey for their clientele, thereby gaining a competitive advantage in the industry. The introduction of an AI-driven interactive design experience can significantly transform online furniture shopping. Through the use of AI algorithms, customers can participate in virtual room planning which lets them visualize how different pieces of furniture would appear and fit in their rooms. For example, in June 2022, IKEA, a company based in Netherland, unveiled the IKEA Kreativ, an AI-powered interactive design platform accessible on IKEA.com and the IKEA app. It provides U.S. customers the opportunity to digitally create and envision their living areas using digitized smartphone furniture. The function leverages spatial computing, machine learning, and 3D mixed-reality technologies to produce precise interior design models. Users have the option of choosing from pre-furnished showrooms or starting from scratch, with the ability to remove existing furniture.

How Is the E-Commerce Furniture Market Segmented?
The E-commerce furniture market covered in this report is segmented -

1) By Type: Ready-To-Assemble (RTA), Assembled
2) By Product Type: Beds And Mattresses, Sofas And Armchairs, Entertainment Units, Storage Units, Tables And Desks, Other E-Commerce Furniture
3) By Material Type: Wooden E-Commerce Furniture, Metal E-Commerce Furniture, Plastic E-Commerce Furniture, Leather E-Commerce Furniture, Glass E-Commerce Furniture
4) By End Use: Residential, Commercial, Industrial

Subsegments:
1) By Ready-To-Assemble (RTA): Living Room Furniture (Sofas, Coffee Tables, Tv Stands), Bedroom Furniture (Bed Frames, Wardrobes, Nightstands), Office Furniture (Desks, Chairs, Shelving Units), Kitchen And Dining Furniture (Dining Tables, Chairs, Bar Stools), Storage And Organization (Bookshelves, Cabinets, Storage Bins), Home Décor And Accents (Mirrors, Wall Shelves, Small Furniture)
2) By Assembled: Living Room Furniture (Sofas, Recliners, Armchairs), Bedroom Furniture (Beds, Dressers, Wardrobes), Office Furniture (Executive Desks, Office Chairs, Filing Cabinets), Dining Room Furniture (Dining Tables, Sideboards, Buffet Tables), Outdoor Furniture (Patio Sets, Garden Chairs, Loungers), Home Entertainment Units (Tv Cabinets, Media Consoles)

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/e-commerce-furniture-global-market-report

Where Is the E-Commerce Furniture Market Growth Most Prominent?
North America was the largest region in the E-commerce furniture market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the E-commerce furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The E-Commerce Furniture Global Market Report?

- Market Size Analysis: Analyze the E-Commerce Furniture Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the E-Commerce Furniture Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall E-Commerce Furniture Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the E-Commerce Furniture Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15359

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.