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Online Household Furniture Sales in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Online Household Furniture Sales Market Research Report | Online Retail | Online Furniture & Home Furnishings | May 2016

Hot seat: Profit expands due to greater awareness of online shopping and low operating costs

IBISWorld’s Online Household Furniture Sales market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Temple & Webster Temple & Webster market share
Industry Statistics & Market Size
Revenue
$419m
Annual Growth 11-16
20.4%
Annual Growth 16-21
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Profit
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Employment
656
Businesses
158
Industry Analysis & Industry Trends

The widespread acceptance of internet shopping has contributed to rapid industry growth over the past five years. The Online Household Furniture Sales industry is forecast to grow by 15.7% in 2015-16 to reach $418.7 million. Although the high growth rate is influenced by a low base year, the industry has still performed very well, as Australians have gravitated towards online stores to search for and purchase household furniture. Lower prices, the ability to conveniently compare products and increased transaction security are factors that have contributed to the rise in industry sales. Consequently, industry revenue has grown by an annualised 20.4% over the past five years.

Pure-play online furniture retailers (i.e... purchase to read more

Industry Report - Industry Analysis Chapter

Increased internet usage and greater confidence in online shopping have contributed to rapid industry growth. The Online Household Furniture Sales industry is forecast to grow at an annualised 20.4% in the five years through 2015-16. This is partially attributable to the industry starting from a low base, and the robust growth in internet connections over the past five years. In 2015-16, the industry is forecast to expand by 15.7% to reach $418.7 million. Profitability has increased due to improvements in economies of scale and labour-saving capital investments. The industry has quickly expanded as consumers have increasingly gravitated towards online shopping... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Online Household Furniture Sales Industry?

This industry includes companies that retail a range of new indoor and outdoor home furniture, such as couches, beds, tables and chairs, via the internet. Industry goods are typically purchased from domestic and international manufacturers and wholesalers, and then sold online to the public.

Industry Products
Lounge and dining room furnitureOther furnitureBedroom furnitureOutdoor furniture
 
Industry Activities
Online sale of lounge furnitureOnline sale of dining room furnitureOnline sale of bedroom furnitureOnline sale of outdoor furniture


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