Deep Dive 15 minutes PremiumGlobal Furniture and Homewares E-Commerce Coresight Research August 22, 2016 Executive SummaryGlobal online furniture and homewares revenues are projected to increase by a five-year compound annual growth rate (CAGR) of 15% to US$220 billion in 2020, according to Statista. The US and the UK are expected to see 7.6% and 13.7% CAGRs in online furniture and homewares sales, respectively, for the same time period. The UK had the highest percentage of furniture and homewares purchases made online in Europe at approximately 12.1% in 2015, even higher than the 8.6% in the US. The online channel is very suitable for researching hundreds of varying designs and products, without the need to visit an endless round of stores. More customization options are available online and allow for a level of differentiation not available in-store. In the last few years, numerous innovative pure-play furniture and home furnishings retailers have been established across the world, including Made.com and Loaf.com in the UK market. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: CES 2024: Tech Trends Set To Reshape Retail in 2024—Personalization, Supply Chain Optimization and MoreHoliday 2023: Delving Into Key Service Category Trends in the USHead-to-Head in US Drugstore Retailing: CVS Health vs. Walgreens Boots AllianceInnovator Profile: Journey Foods—Innovating Food Product Development with AI-Powered Solutions
