Furniture & Appliances

  • Singapore
  • Revenue in the Furniture & Appliances segment is projected to reach US$638m in 2021.
  • Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 9.54%, resulting in a projected market volume of US$919m by 2025.
  • The market's largest segment is Furniture & Homeware with a projected market volume of US$449m in 2021.
  • In global comparison, most revenue will be generated in China (US$163,660m in 2021).
  • The average revenue per user (ARPU) in the Furniture & Homeware segment is projected to amount to US$507.80 in 2021.
  • In the Furniture & Appliances segment, 15% of total market revenue will be generated through online sales by 2023.
  • In the Household Appliances segment, the number of users is expected to amount to 1.7m users by 2025.
  • User penetration in the Household Appliances segment will be at 18.8% in 2021.
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