The Boston-based home goods e-retailer, Wayfair, generated approximately 12 billion U.S. dollars in net revenues in 2023, a decline compared to the previous year. Wayfair's net revenue figure peaked in 2020, at 14.2 billion U.S. dollars.
Head-to-head with industry heavyweights
In 2023, Wayfair ranked fourth among the top furniture and homeware online stores in the United States, a particularly impressive feat for a pure player competing with industry heavyweights such as Amazon, Walmart, and Home Depot. Wayfair even managed to compete with furniture online stores on a global level, ranking seventh on that list.
Growth ahead?
Forecasts for the furniture industry have shown continuous growth in the coming years, particularly in the online domain. Furniture e-commerce market revenue was estimated at 283 billion U.S. dollars globally in 2024, with the leading markets being the United States, China, and Germany.
Net revenue of Wayfair worldwide from 2012 to 2023
(in million U.S. dollars)
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Wayfair, & U.S. Securities and Exchange Commission. (March 29, 2024). Net revenue of Wayfair worldwide from 2012 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/660726/wayfair-annual-revenue/
Wayfair, und U.S. Securities and Exchange Commission. "Net revenue of Wayfair worldwide from 2012 to 2023 (in million U.S. dollars)." Chart. March 29, 2024. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/660726/wayfair-annual-revenue/
Wayfair, U.S. Securities and Exchange Commission. (2024). Net revenue of Wayfair worldwide from 2012 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/660726/wayfair-annual-revenue/
Wayfair, and U.S. Securities and Exchange Commission. "Net Revenue of Wayfair Worldwide from 2012 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 29 Mar 2024, https://www.statista.com/statistics/660726/wayfair-annual-revenue/
Wayfair & U.S. Securities and Exchange Commission, Net revenue of Wayfair worldwide from 2012 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/660726/wayfair-annual-revenue/ (last visited December 18, 2024)
Net revenue of Wayfair worldwide from 2012 to 2023 (in million U.S. dollars) [Graph], Wayfair, & U.S. Securities and Exchange Commission, March 29, 2024. [Online]. Available: https://www.statista.com/statistics/660726/wayfair-annual-revenue/
