Online furniture market size to grow by USD 112.67 billion between 2021 and 2026; Growth opportunities led by Ashcomm LLC, Bobs Discount Furniture LLC among others - Technavio

NEW YORK, March 2, 2023 /PRNewswire/ -- The global online furniture market size will grow by USD 112.67 billion between 2021 and 2026, accelerating at a CAGR of 16.79% during the forecast period. The market is fragmented due to the presence of many vendors. The vendors are undertaking several initiatives such as mergers and acquisitions, and business expansions to remain competitive in the market. The threat of new entrants will remain low as high capital is required to enter the market. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. To know more about the market size - Download a Sample Report

Online Furniture Market 2022-2026: Vendor Analysis

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. are among some of the major market participants.

Online Furniture Market 2022-2026: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The online furniture market report covers the following areas:

• Online Furniture Market Size
• Online Furniture Market Trends
• Online Furniture Market Industry Analysis

Online Furniture Market 2022-2026: Segmentation

The online furniture market is segmented as below:

• Application 
• Online Residential Furniture
• Online Commercial Furniture

The market growth will be significant in the online residential furniture segment during the forecast period. The increasing demand for modular kitchens is one of the key factors driving the growth of the segment. In addition, factors such as the growing disposable income, high population, rising online penetration, and a significant increase in the number of housing units are supporting the growth of the segment.

• Geography 
• APAC
• North America
• Europe
• Middle East and Africa
• South America

APAC will account for 37% of the market growth during the forecast period. The rise in the real estate sector for both residential and commercial properties has been crucial in driving the growth of the regional market. Factors such as increasing internet penetration, growing disposable income, digitalization, and developing economies are creating significant growth opportunities for vendors operating in APAC.

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Online Furniture Market 2022-2026: Key Highlights

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist online furniture market growth during the next five years
• Estimation of the online furniture market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the online furniture market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of online furniture market vendors

Related Reports:

• The chair market is estimated to grow at a CAGR of 6.25% between 2022 and 2027. The size of the market is forecast to increase by USD 14,196.62 million. The growing work-related stress and the need for stress-relieving solutions are notably driving the market growth, although factors such as uncertainty in the prices of raw materials may impede the market growth.
• The home furniture market in US is estimated to grow at a CAGR of 3.7% between 2022 and 2027. The size of the market is forecasted to increase by USD 13.32 billion. Improving residential construction market is notably driving the market growth, although factors such as the inherent threat from re-used furniture market may impede the market growth.

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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 on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on 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 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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