$ 84.26 Billion growth expected in Global Online Furniture Market during 2020-2024 | Technavio

NEW YORK, June 6, 2021 /PRNewswire/ — The online furniture market is poised to grow by USD 84.26 bn during 2020-2024,…

NEW YORK, June 6, 2021 /PRNewswire/ — The online furniture market is poised to grow by USD 84.26 bn during 2020-2024, decelerating at a CAGR of almost 16% during the forecast period. The report on the online furniture market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

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The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the rise in online spending and smartphone penetration.

The online furniture market analysis includes the application segment and geographic landscape. This study identifies mobile commerce and network marketing as one of the prime reasons driving the online furniture market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The online furniture market covers the following areas:

Online Furniture Market Sizing

Online Furniture Market Forecast

Online Furniture Market Analysis

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Companies Mentioned

  • Alibaba Group Holding Ltd.
  • Amazon.com Inc.
  • American Signature Inc.
  • Ashley Furniture Industries Inc.
  • eBay Inc.
  • Herman Miller Inc.
  • Inter IKEA Systems BV
  • Kimball International Inc.
  • Steelcase Inc.
  • Steinhoff International Holdings NV.

Related Reports on Consumer Discretionary Include:

Global Wooden Furniture Market – Global wooden furniture market is segmented by application (home and office) and geography (APAC, Europe, North America, South America, and MEA).

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Global Pet Furniture Market – Global pet furniture market is segmented by product (pet house, pet bed and sofa, pet tree and condo, and others), end-user (dogs, cats, and others), and geography (APAC, Europe, MEA, North America, and South America).

Request a Free Sample Report

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application placement
  • Online residential furniture – Market size and forecast 2019-2024
  • Online commercial furniture – Market size and forecast 2019-2024
  • Market opportunity by Application

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Middle East and Africa – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver – Demand led growth
  • Volume driver – Supply led growth
  • Volume driver – External factors
  • Volume driver – Demand shift in adjacent markets
  • Price driver – Inflation
  • Price driver – Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Alibaba Group Holding Ltd.
  • Amazon.com Inc.
  • American Signature, Inc.
  • Ashley Furniture Industries, Inc.
  • eBay Inc.
  • Herman Miller, Inc.
  • Inter IKEA Systems BV
  • Kimball International Inc.
  • Steelcase Inc.
  • Steinhoff International Holdings NV

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Report: www.technavio.com/report/online-furniture-market-industry-analysis

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