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The Widespread Use Of Smartphones And Mobile Devices Fuels Growth In The E-Commerce Furniture Market: Key Factor Driving The Growth In The E-Commerce Furniture Market
E-Commerce Furniture
What Is the Expected E-Commerce Furniture Market Size During the Forecast Period?
The e-commerce furniture market size has grown strongly in recent years. It will increase from $34.6 billion in 2024 to $37.4 billion in 2025, with a compound annual growth rate (CAGR) of 8.1%. This growth is attributed to the shift towards online shopping, regulatory changes, fluctuations in disposable income, aging populations, and changing household structures.
The E-commerce furniture market is forecast to reach $50.41 billion by 2029 with a CAGR of 7.7%. The market growth is attributed to mobile commerce, consumer awareness about eco-friendly materials, personalization trends, global supply chain developments, and strategic partnerships. Trends in this market include the rise of sustainable and eco-friendly furniture, expansion of e-commerce platforms, omnichannel retailing, and integration of augmented reality (AR) and virtual reality (VR).
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What Are the High-Growth Segments in the E-Commerce Furniture Market?
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)
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What Key Drivers Are Expected to Influence Future E-Commerce Furniture Market Growth?
The widespread use of smartphones is anticipated to fuel the e-commerce furniture market. With smartphones becoming integral to everyday life, users increasingly shop for furniture online. E-commerce platforms have adapted with mobile apps for ease of browsing and purchasing. In February 2023, Uswitch reported 71.8 million mobile connections in 2022, a 3.8% rise from 2021, with 95% of the UK population expected to own smartphones by 2025. Therefore, smartphone use is strengthening the e-commerce furniture market.
Which Companies Hold the Largest Share Across Different E-Commerce Furniture Market Segments?
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 Trends Are Driving Growth in The E-Commerce Furniture Market?
Companies in the e-commerce furniture market are integrating AI-powered interactive design experiences to enhance online shopping. In June 2022, IKEA, a Netherlands-based furniture company, launched the IKEA Kreativ platform, an AI-powered tool for U.S. customers to design and visualize their living spaces. This platform uses spatial computing, machine learning, and 3D mixed-reality technologies to allow users to digitally plan their homes, making furniture shopping a more interactive experience.
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What Are the Emerging Geographies for The E-Commerce Furniture Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the E-Commerce Furniture Market?
2. What is the CAGR expected in the E-Commerce Furniture Market?
3. What Are the Key Innovations Transforming the E-Commerce Furniture Industry?
4. Which Region Is Leading the E-Commerce Furniture Market?
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