Key Highlights
- 67% of furniture retailers reported that their online sales increased significantly due to digital transformation efforts in 2023
- 45% of consumers prefer purchasing furniture online over in-store shopping
- 52% of furniture companies have implemented AR (Augmented Reality) to enhance customer experience
- 78% of furniture manufacturers plan to increase investment in digital tools over the next two years
- 63% of furniture buyers use virtual tools for product visualization before purchasing
- The global furniture e-commerce market is projected to reach $564 billion by 2025, growing at a CAGR of 9.5%
- 42% of furniture brands reported a rise in mobile app usage for shopping and customer service
In an era where 67% of furniture retailers see online sales soaring and 78% plan to boost digital investments, the furniture industry is rapidly transforming with innovations like AR and virtual visualization shaping a $564 billion e-commerce future by 2025.
Consumer Preferences and Trends
- 45% of consumers prefer purchasing furniture online over in-store shopping
Consumer Preferences and Trends Interpretation
E-commerce and Digital Sales in Furniture Retail
- 67% of furniture retailers reported that their online sales increased significantly due to digital transformation efforts in 2023
E-commerce and Digital Sales in Furniture Retail Interpretation
Market Growth and Projections
- The global furniture e-commerce market is projected to reach $564 billion by 2025, growing at a CAGR of 9.5%
Market Growth and Projections Interpretation
Technological Adoption in Furniture Industry
- 52% of furniture companies have implemented AR (Augmented Reality) to enhance customer experience
- 78% of furniture manufacturers plan to increase investment in digital tools over the next two years
- 63% of furniture buyers use virtual tools for product visualization before purchasing
- 42% of furniture brands reported a rise in mobile app usage for shopping and customer service
Technological Adoption in Furniture Industry Interpretation
Sources & References
- Reference 1APPINHOUSEResearch Publication(2024)Visit source
- Reference 2RESEARCHANDMARKETSResearch Publication(2024)Visit source
- Reference 3BUSINESSINSIDERResearch Publication(2024)Visit source
- Reference 4MDMResearch Publication(2024)Visit source
- Reference 5DIGITALFURNITUREResearch Publication(2024)Visit source
- Reference 6MARKETINGDIVEResearch Publication(2024)Visit source
- Reference 7STATISTAResearch Publication(2024)Visit source