Global Ecommerce Furniture Industry Size (2017–2029)
Considering the boom in global ecommerce sales, and furniture’s ranking among the top online shopping categories worldwide this year, selling furniture online seems like a lucrative business opportunity.
As with starting any business, research into the industry is recommended before jumping into it. Here’s a look at how the ecommerce furniture industry has performed in recent years, and an outlook for the years ahead, to help you better ascertain business and market opportunities.
Online furniture market revenues: table
|
Year |
Global ecommerce furniture industry size |
Annual change |
|
2017 |
$158.4 billion |
|
|
2018 |
$172.4 billion |
+8.8% |
|
2019 |
$186.8 billion |
+8.4% |
|
2020 |
$235.7 billion |
+26.2% |
|
2021 |
$269.7 billion |
+14.4% |
|
2022 |
$258.1 billion |
-4.3% |
|
2023 |
$256.4 billion |
-0.7% |
|
2024 |
$283.3 billion |
+10.5% |
|
2025 |
$318.5 billion |
+12.4% |
|
2026 |
$356.3 billion |
+11.9% |
|
2027 |
$393.9 billion |
+10.6% |
|
2028 |
$418.0 billion |
+6.1% |
|
2029 |
$436.0 billion |
+4.3% |
Furniture ecommerce sales: 2017–2024
Recent statistics on the global ecommerce furniture industry show that total sales are expected to hit $283.3 billion in 2024. This marks a 10.5% annual increase from the previous year.
The ecommerce furniture industry has been growing over the past couple of years. In 2017, total sales amounted to $158.4 billion and grew by 8.8%, to $172.4 billion in 2018, before rising another 8.4% in 2019, to $186.8 billion. From 2020 to 2024, the online furniture market experienced fluctuations as the world grappled with the effects of the COVID-19 pandemic. In 2020 and 2021, ecommerce furniture revenues rose by 26.2% and 14.4%, respectively. The double-digit increases were followed by declines of 4.3% and 0.7%, bringing online furniture market revenues to $256.4 billion in 2023.
Nevertheless, from 2017 to 2024, the furniture industry’s ecommerce revenues rose at an average rate of 9% per year.
Furniture ecommerce sales forecast: 2025–2029
Looking ahead, sales from the global ecommerce furniture industry are forecast to continue growing. Analysts predict that total sales will rise by 12.4% in 2025, reaching $318.5 billion.
The following two years will see slightly slower annual growth rates of around 11%, bringing revenues from the online furniture market to $393.9 billion in 2027. By 2028, revenues are set to surpass the $400 billion mark, after a 6.1% annual increase.
An additional $18 billion in annual sales is expected in 2029, when total sales are expected at $436 billion.
From 2025 to 2029, annual online furniture sales worldwide are forecast to increase by $117.5 billion, rising at an average annual growth rate of 8.2%.
Biggest online furniture markets in 2024
|
Country |
Furniture ecommerce sales (2024) |
|
1. United States |
$125.0 billion |
|
2. China |
$45.1 billion |
|
3. Germany |
$15.5 billion |
|
4. Japan |
$8.8 billion |
|
5. United Kingdom |
$8.6 billion |
In 2024, the United States leads the global online furniture market with $125 billion in revenue, making it the dominant player by a wide margin. This figure far surpasses that of China, which ranks second with $45.1 billion.
Trailing behind, Germany secures the third spot with $15.5 billion in sales, followed by Japan at $8.8 billion and the United Kingdom at $8.6 billion. These figures highlight the growing importance of online furniture sales in these key markets, though they remain much smaller compared to the US.