U.S. Online Residential Furniture Market Value

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U.S. Online Residential Furniture Market Size, Share, Analysis,
Growth, Trends, Outlook and Forecasts to 2024 | Hexa Research
" The U.S. online residential furniture market size
was valued at USD 16.5 billion in 2016 and is
expected to grow till 2024."
6 September 2018
The U.S. online residential furniture market is expected to reach USD 28.74 billion by 2024 and is projected to
grow over the forecast period from 2017 to 2024. Growth in the market has been attributed to the stability of
the real estate sector. Home sales in the U.S. have moved northwards, and with the favorable macroeconomic
environment, consumers have started investing in associated home essentials including furniture.
Among the various consumer groups, millennials lead the pack in the online residential furniture market.
Millennials are well-versed with digital devices and are aware of various online platforms, which coupled with
their propensity to explore and compare furniture online, places them as one of the key consumer groups in the
market. In addition, millennials make their presence active on social networking platforms and are keen on
online purchases, which makes them even more receptive of the online residential furniture market.
Operational challenges, mainly related to order fulfillment continues to be a key aspect which tends to affect
their top line. To that end, unexpected delay, damaged product delivery, and an increase in service ch arges by
order fulfillment companies remain key challenges. For instance, in 2016, companies such as UPS and FedEx
increased their handling fee for bulky products to suffice for the space these products take in delivery vehicles.
Living room segment dominated online residential furniture market in 2016. Among the various furniture in the
living room, sofa remains the key product category consumers spend mainly on.
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In 2016, wood furniture commanded a significant share of the market. Consumers prefer wood fur niture
because it optimizes investment by enhancing the aesthetics of the living room, is durable, easy to maintain,
and can be refinished to give it a fresh look towards the end of its active life. Prominent players are investing in
research & development activities, and mergers & acquisitions.
Hexa Research has segmented the U.S. online residential furniture market based on Material and Use:
Segmentation by Material, 2014 - 2024 (USD Billion)
• Wood
• Metal
• Leather
• Others
Segmentation by Use, 2014 - 2024 (USD Billion)
• Living room
• Bedroom
• Dining & kitchen
• Others
Key Players Analyzed
• Williams-Sonoma
• Wayfair
• Amazon
• IKEA
• Ashley HomeStores
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Table of Content of U.S. Online Residential Furniture Market
Chapter 1. Market Summary
1.1. Market trends & movement
Chapter 2. U.S. Online Residential Furniture Market Trends: Drivers & Opportunities
2.1. Introduction
2.2. Key industry trends
2.3. Market drivers
2.4. Market restraints
2.5. Supply chain analysis
2.6. Porter's Five Forces analysis
2.7. SWOT
Chapter 3. U.S. Online Residential Furniture Market Trends, By Material
3.1. U.S. online residential furniture market movement, by material, 2016 & 2024
3.1.1. Wood
3.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
3.1.2. Metal
3.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
3.1.3. Leather
3.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
3.1.4. Others
3.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
Chapter 4. U.S. Online Residential Furniture Market Trends, By Use
4.1. U.S. Online Residential Furniture market movement, by use, 2016 & 2024
4.1.1. Living room
4.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
4.1.2. Bedroom
4.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
4.1.3. Dining & kitchen
4.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
4.1.4. Others
4.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
Chapter 5. Competitive Landscape
5.1. Competitive landscape analysis, 2016
5.2. Strategic framework
5.3. Potential customer base concentration
5.4. Company market positioning
5.5. Company profiles
5.5.1. Williams-Sonoma
5.5.1.1. Company Overview
5.5.1.2. Product Benchmarking
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5.5.1.3. Financial Performance
5.5.1.4. Recent Initiatives
5.5.2. Wayfair
5.5.2.1. Company Overview
5.5.2.2. Product Benchmarking
5.5.2.3. Financial Performance
5.5.2.4. Recent Initiatives
5.5.3. Amazon
5.5.3.1. Company Overview
5.5.3.2. Product Benchmarking
5.5.3.3. Financial Performance
5.5.3.4. Recent Initiatives
5.5.4. IKEA
5.5.4.1. Company Overview
5.5.4.2. Product Benchmarking
5.5.4.3. Financial Performance
5.5.4.4. Recent Initiatives
5.5.5. Ashley HomeStores
5.5.5.1. Company Overview
5.5.5.2. Product Benchmarking
5.5.5.3. Financial Performance
5.5.5.4. Recent Initiatives
5.5.6. List of other vendors
Chapter 6. Methodology and Scope
6.1. Research methodology
6.2. Research Scope & Assumptions
6.3. List of data sources
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The U.S. online residential furniture market is expected to reach USD 28.74 billion by 2024.

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