USD 112.67 Bn Growth in Global Online Furniture Market in 2026 with 37% growth from APAC - Technavio

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Sep 02, 2022, 09:00 ET

NEW YORK, Sept. 2, 2022 /PRNewswire/ -- The Online Furniture Market size is expected to grow by USD 112.67 billion at a CAGR of 16.79% with APAC as the key market during the forecast period. The main reason for the market growth is the increasing online spending and smartphone penetration and Mobile commerce and network marketing. However, factors such as the longer replacement cycle of products will hamper the market growth. Request Free Sample Report.

This online furniture market forecast report extensively covers segmentation by application and geography.

Technavio has announced its latest market research report titled Global Online Furniture Market

On the basis of Geography, APAC is going to have lucrative growth during the forecast period. About 37% of the market's overall growth is expected to originate from APAC. The APAC online furniture market is dominated by China and Japan. The market in this region will expand quicker than the market in other regions. An increase in the real estate industry for both residential and commercial properties would aid the expansion of the APAC online furniture market over the forecast period.

On the basis of Application, the online-residential furniture segment will increase its market share significantly. Creative patterns and designs that take up minimal space while providing comfort are in high demand and will fuel the growth of the online furniture market throughout the forecast period. Buy Sample Report.

According to Technavio, the worldwide online furniture market is a subset of the global home furnishings business. Our research report has thoroughly examined the external factors impacting the market's growth potential in the following years, which will define the levels of growth of the online furniture market during the forecast period. The major vendors who will elevate the market's growth include:

Ashcomm LLC
Bobs Discount Furniture LLC
Brilloca Ltd.
Herman Miller Inc.
Inter IKEA Holding BV
Kimball International Inc.
LaZBoy Inc.
Otto GmbH and Co. KG
Pepperfry Pvt. Ltd.
Wayfair Inc.
Pier 1 Imports Inc.
Williams Sonoma Inc.

Increased online spending and smartphone penetration are significantly driving the expansion of the online furniture market, Furthermore, factors such as online payment security, free delivery, improved online customer care, and client-friendly shopping website designs are all contributing to the market's growth. Such adaptability associated with online buying will fuel the growth of the online furniture industry throughout the forecast period.

The constraints such as product replacement cycles may limit the market growth. A comprehensive examination of the drivers will aid in determining end goals and improving marketing strategies to acquire a competitive advantage. Download Free Sample Report.

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Online Furniture Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 16.79%
Market growth 2022-2026	$ 112.67 billion
Market structure	Fragmented
YoY growth (%)	8.0
Regional analysis	APAC, North America, Europe, Middle East, and Africa, and South America
Performing market contribution	APAC at 37%
Key consumer countries	US, Canada, China, Japan, and the UK
Competitive landscape	Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled	Ashcomm LLC, Bobs Discount Furniture LLC, Brilloca Ltd., Herman Miller Inc., Inter IKEA Holding BV, Kimball International Inc., LaZBoy Inc., Otto GmbH and Co. KG, Pepperfry Pvt. Ltd., Raymour and Flanigan Furniture and Mattresses, Reliance Retail Ltd., Steelcase Inc., Wayfair Inc., World Market, Ballard Designs Inc., Bassett Furniture Industries, Haverty Furniture Companies Inc., HNI Corp., Pier 1 Imports Inc., and Williams Sonoma Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio "Consumer Discretionary" Research Reports

Table of Contents

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart of Global Market Characteristics
Exhibit 04: Executive Summary – Chart of Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market Definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on the Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segments

Exhibit 24: Chart on Application - Market share 2021-2026 (%)
Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

5.2 Comparison by Application

Exhibit 26: Chart on Comparison by Application
Exhibit 27: Data Table on Comparison by Application

5.3 Online residential furniture - Market size and forecast 2021-2026

Exhibit 28: Chart on Online residential furniture - Market size and forecast 2021-2026 ($ billion)
Exhibit 29: Data Table on Online residential furniture - Market size and forecast 2021-2026 ($ billion)
Exhibit 30: Chart on Online residential furniture - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Online residential furniture - Year-over-year growth 2021-2026 (%)

5.4 Online commercial furniture - Market size and forecast 2021-2026

Exhibit 32: Chart on Online commercial furniture - Market size and forecast 2021-2026 ($ billion)
Exhibit 33: Data Table on Online commercial furniture - Market size and forecast 2021-2026 ($ billion)
Exhibit 34: Chart on Online commercial furniture - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Online commercial furniture - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Application

Exhibit 36: Market opportunity by Application ($ billion)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026

Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 North America - Market size and forecast 2021-2026

Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ billion)
Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.5 Europe - Market size and forecast 2021-2026

Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.6 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.7 South America - Market size and forecast 2021-2026

Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ billion)
Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ billion)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ billion)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026

Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ billion)
Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ billion)
Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 Japan - Market size and forecast 2021-2026

Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.11 UK - Market size and forecast 2021-2026

Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ billion)
Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.12 Canada - Market size and forecast 2021-2026

Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ billion)
Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ billion)
Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 82: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 83: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 85: Overview on factors of disruption

9.4 Industry risks

Exhibit 86: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 87: Vendors covered

10.2 Market positioning of vendors

Exhibit 88: Matrix on vendor position and classification

10.3 Ashcomm LLC

Exhibit 89: Ashcomm LLC - Overview
Exhibit 90: Ashcomm LLC - Product / Service
Exhibit 91: Ashcomm LLC - Key offerings

10.4 Herman Miller Inc.

Exhibit 92: Herman Miller Inc. - Overview
Exhibit 93: Herman Miller Inc. - Business segments
Exhibit 94: Herman Miller Inc. - Key offerings
Exhibit 95: Herman Miller Inc. - Segment focus

10.5 HNI Corp.

Exhibit 96: HNI Corp. - Overview
Exhibit 97: HNI Corp. - Business segments
Exhibit 98: HNI Corp. - Key news
Exhibit 99: HNI Corp. - Key offerings
Exhibit 100: HNI Corp. - Segment focus

10.6 Inter IKEA Holding BV

Exhibit 101: Inter IKEA Holding BV - Overview
Exhibit 102: Inter IKEA Holding BV - Product / Service
Exhibit 103: Inter IKEA Holding BV - Key news
Exhibit 104: Inter IKEA Holding BV - Key offerings

10.7 Kimball International Inc.

Exhibit 105: Kimball International Inc. - Overview
Exhibit 106: Kimball International Inc. - Business segments
Exhibit 107: Kimball International Inc. - Key offerings
Exhibit 108: Kimball International Inc. - Segment focus

10.8 Otto GmbH and Co. KG

Exhibit 109: Otto GmbH and Co. KG - Overview
Exhibit 110: Otto GmbH and Co. KG - Business segments
Exhibit 111: Otto GmbH and Co. KG - Key news
Exhibit 112: Otto GmbH and Co. KG - Key offerings
Exhibit 113: Otto GmbH and Co. KG - Segment focus

10.9 Pepperfry Pvt. Ltd.

Exhibit 114: Pepperfry Pvt. Ltd. - Overview
Exhibit 115: Pepperfry Pvt. Ltd. - Product / Service
Exhibit 116: Pepperfry Pvt. Ltd. - Key offerings

10.10 Reliance Retail Ltd.

Exhibit 117: Reliance Retail Ltd. - Overview
Exhibit 118: Reliance Retail Ltd. - Product / Service
Exhibit 119: Reliance Retail Ltd. - Key offerings

10.11 Steelcase Inc.

Exhibit 120: Steelcase Inc. - Overview
Exhibit 121: Steelcase Inc. - Business segments
Exhibit 122: Steelcase Inc. - Key offerings
Exhibit 123: Steelcase Inc. - Segment focus

10.12 Williams Sonoma Inc.

Exhibit 124: Williams Sonoma Inc. - Overview
Exhibit 125: Williams Sonoma Inc. - Business segments
Exhibit 126: Williams Sonoma Inc. - Key news
Exhibit 127: Williams Sonoma Inc. - Key offerings
Exhibit 128: Williams Sonoma Inc. - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 129: Inclusions checklist
Exhibit 130: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 131: Currency conversion rates for US$

11.4 Research methodology

Exhibit 132: Research methodology
Exhibit 133: Validation techniques employed for market sizing
Exhibit 134: Information sources

11.5 List of abbreviations

Exhibit 135: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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