Furniture & Appliances retail e-commerce revenue in selected countries 2020
The global furniture & appliance market is projected to grow from the 236.3 billion U.S. dollars in 2018 to some 449.5 billion U.S. dollars in 2025. The global furniture market included sales derived from the furniture e-commerce market as well.
China led the furniture & appliances e-commerce market with a revenue of 133.26 billion U.S. dollars in 2020 followed by the US, Japan, the UK, and Germany. The revenue posted by the Chinese furniture & appliance e-commerce market is projected to grow driven by factors such as increasing urbanization and rising disposable income of the Chinese consumers.
Sustainability and 3D printing to drive the growth of the furniture market
With consumers across the globe becoming more environmentally conscious, more stress is being placed on sustainable product items. This trend towards sustainability pervades different levels of daily life and is also illustrated in furniture purchases. Besides, the customers are increasingly looking for more customized furniture products which in turn is promoting new production techniques such as 3D printing. In addition to refining new production techniques, vendors are also integrating their physical outlets with digital channels to improve the furniture sales.
China led the furniture & appliances e-commerce market with a revenue of 133.26 billion U.S. dollars in 2020 followed by the US, Japan, the UK, and Germany. The revenue posted by the Chinese furniture & appliance e-commerce market is projected to grow driven by factors such as increasing urbanization and rising disposable income of the Chinese consumers.
Sustainability and 3D printing to drive the growth of the furniture market
With consumers across the globe becoming more environmentally conscious, more stress is being placed on sustainable product items. This trend towards sustainability pervades different levels of daily life and is also illustrated in furniture purchases. Besides, the customers are increasingly looking for more customized furniture products which in turn is promoting new production techniques such as 3D printing. In addition to refining new production techniques, vendors are also integrating their physical outlets with digital channels to improve the furniture sales.
