Online Household Furniture Sales in the US - Industry Market Research Report
Description
Online Household Furniture Sales in the US
The Online Household Furniture Sales industry has grown rapidly over the past five years. The continued growth of internet access has increased the popularity of online shopping, as consumers increasingly turn to the internet for convenience and often discounted pricing. The proportion of total retail sales made online has grown each year during the period as the number of broadband connections and e-commerce sales have both increased at a rapid pace. These factors have led online sales of furniture to outperform traditional brick-and-mortar furniture sales over the past five years. As disposable income levels and consumer confidence continue to trend higher, individuals continued to release pent-up demand for new furniture. Over the past five years, industry revenue is expected to grow at a CAGR of 13.7% to $78.4 billion, including an estimated increase of 2.2% in 2023 alone.
This industry includes companies that retail a range of indoor and outdoor home furniture, such as sofas, beds, tables and chairs, via the internet. Home decor is not included in this industry. Industry goods are typically purchased from manufacturers and wholesalers and then sold to the public online.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Online Household Furniture Sales industry has grown rapidly over the past five years. The continued growth of internet access has increased the popularity of online shopping, as consumers increasingly turn to the internet for convenience and often discounted pricing. The proportion of total retail sales made online has grown each year during the period as the number of broadband connections and e-commerce sales have both increased at a rapid pace. These factors have led online sales of furniture to outperform traditional brick-and-mortar furniture sales over the past five years. As disposable income levels and consumer confidence continue to trend higher, individuals continued to release pent-up demand for new furniture. Over the past five years, industry revenue is expected to grow at a CAGR of 13.7% to $78.4 billion, including an estimated increase of 2.2% in 2023 alone.
This industry includes companies that retail a range of indoor and outdoor home furniture, such as sofas, beds, tables and chairs, via the internet. Home decor is not included in this industry. Industry goods are typically purchased from manufacturers and wholesalers and then sold to the public online.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
43 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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