News

NEW YORK, Sept. 7, 2021 /PRNewswire/ —

The online furniture market is set to grow by USD 84.26 billion, decelerating at a CAGR of almost 16% during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment.

Download Free Sample Report

The rise in online spending and smartphone penetration, growth in the global real estate industry, and evolving home and living concepts will offer immense growth opportunities. In addition, surging innovative product designs and growing mobile commerce and network marketing are prominent trends likely to influence the market growth positively in the forthcoming years. However, stringent government regulations on e-retailers and longer replacement cycle of products will hamper the market growth. 

Online Furniture Market 2020-2024: Segmentation

Online Furniture Market is segmented as below:

Application Online Residential Furniture Online Commercial Furniture Geography APAC North America Europe South America MEA Learn more about the factors assisting the growth of the market, download a free sample:

  https://www.technavio.com/talk-to-us?report=IRTNTR40655

Online Furniture Market 2020-2024: Vendor Analysis and Scope

The online furniture market is concentrated, and the degree of concentration will decelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Some of the major vendors of the online furniture market include 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., and Steinhoff International Holdings NV. Backed with competitive intelligence and benchmarking, our research reports on the online furniture market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

The report also covers the following areas :

Online Furniture Market size Online Furniture Market trends Online Furniture Market industry analysis Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio’s SUBSCRIPTION platform

Related Reports:

Smart Furniture Market by Distribution Channel, Application, and Geography – Forecast and Analysis 2020-2024

Office Furniture Market in US by Product, Material, End-user, and Distribution Channel – Forecast and Analysis 2021-2025

Online Furniture Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024 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 Technavio’s in-depth market research reports now include a thorough analysis of the COVID-19 impact on various markets to help industry leaders navigate their business through the new normal. 

Receive Latest Free Sample Report in Minutes  

Table of Contents:

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 About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.

Contact

Technavio Research Jesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.com Website: www.technavio.com/

View original content to download multimedia: https://www.prnewswire.com/news-releases/online-furniture-market-records-growth-worth–84-26-bn-during-2020-2024-with-amazoncom-inc-and-alibaba-group-holding-ltd-emerging-as-dominant-market-players–17-000-technavio-reports-301369760.html

SOURCE Technavio