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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Key Buyers Chapter

The Online Household Furniture Sales industry is characterised by a low level of market share concentration, with only one player, Temple & Webster, accounting for more than 5.0% of revenue. The industry is characterised by a large number of small operators, each carving out its own share of the market. For instance, some pure-play operators focus on supplying the replica designer furniture market, while others focus on providing lower price furniture products. Market share concentration has increased over the past five years, following the acquisition of Milan Direct and Wayfair (ZIZO) by Temple & Webster in 2015. The Temple & Webster brand merged with ZIZO in April 2016, migrating ZIZO's business into Temple & Webster's website... 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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