Furniture & Homeware market in Iceland
The Icelandic Furniture & Homeware eCommerce market is predicted to reach US$102.4 million by 2024 and accounts for 11.7% of the total eCommerce market in Iceland. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 3.6%, resulting in a projected market volume of US$117.9 million by 2028. Within the Furniture & Homeware market ECDB considers the following two sub-markets: Furniture and Homeware.
Market development
eCommerce revenue development in the Other Furniture market in Iceland
The Icelandic Other Furniture eCommerce market is predicted to reach US$3.1 million by 2024 and accounts for 4.6% of the Furniture eCommerce market in Iceland. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -5.8%, resulting in a projected market volume of US$2.4 million by 2028. The Other Furniture eCommerce market is a sub-market of the Furniture market. Further categories within the Furniture market are: Home & Living, Home Office & Workplace Furniture, Kitchen & Bath, and Outdoor Furniture.
eCommerce revenue development in the Other Furniture market in Iceland
eCommerce revenue growth in the Other Furniture market in Iceland
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 55.1 | 94.0 | 86.1 | 33.3 | 27.2 | 78.8 | 80.0 | 99.9 |
Market definition
Definition of the Other Furniture market within the Furniture & Homeware market
Market definition: Furniture & Homeware > Furniture > Other Furniture The category Other Furniture includes the online trade of gaming furniture. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Gaming Furniture
Market comparison
The Icelandic Other Furniture market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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