Furniture Industry in Singapore

Top Online Store
shopee.sgshopee.sg
Top Category
Home & Living
Country
Online Share
25-30%

E-Commerce Revenue

US$630m
2024

Growth

10-15%
2024

Growth Forecast

10-15%
24/25

Average Order Value

2024

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Singapore Furniture E-Commerce: Market Size & Growth

E-Commerce Revenue by Year & Annual Growth Rate

The Singapore Furniture E-Commerce Market generated an e-commerce revenue of US$630m in 2024, reflecting an e-commerce growth rate of 10-15% compared to the previous year. Projections for 2025 see the e-commerce market trending toward a change of 10-15%.

Annual Revenue

US$630m
2024

Annual Growth Forecast

10-15%
24/25

E-Commerce Market Size by Annual Revenue (in Million US$)

2022
2023
630
2024
2025
2026

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Monthly E-Commerce Revenue & Growth

Online sales are subject to changes throughout a year that are determined by broader consumer habits, cultural preferences, and the general state of the economy. In the Singapore Furniture E-Commerce Market, monthly revenues in November of 2025 were US$64m. This represents a change of 0-5% from the previous month.

Revenue Current Month

US$64m
11/25

Growth from Previous Month

0-5%
10/25-11/25

Monthly Revenue (in Million US$)

07/2025
08/2025
09/2025
10/2025
64
11/2025

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Singapore Furniture E-Commerce: Product Categories

In the Singapore Furniture E-Commerce Market, Home & Living is the largest category, contributing 61% to the markets's total revenue. Among all e-commerce product categories, it holds the leading position in terms of revenue share and consumer demand.

Revenue Breakdown by Category

2024

Home & Living (61%)

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Biggest Online Retailers in Singapore Furniture E-Commerce

The largest e-commerce retailer in the Singapore Furniture E-Commerce Market is shopee.sg, with an online revenue of US$207m in 2024. Its revenue changed by 10-15% in 2024. Following in second place is taobao.com, followed by tmall.com in third place.

# 1
shopee.sgshopee.sg
Biggest Category

Biggest Country

Growth 24/25

Revenue (GMV)

US$207m

# 2
Biggest Category

Biggest Country

Growth 24/25

Revenue (GMV)

# 3
Biggest Category

Biggest Country

Growth 24/25

Revenue (GMV)

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Singapore Furniture E-Commerce Penetration: Online Market Share

The Singapore Furniture E-Commerce Market reached an online share of 25-30% in 2024. This e-commerce market share measures what percentage of revenues are generated through online channels. The online share is expected to reach 30-35% in 2025.

Online Share

25-30%
2024

Online Share Forecast

30-35%
2025

Online Share/E-Commerce Market Share

2022
2023
25-30%
2024
30-35%
2025
2026

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Singapore Furniture E-Commerce: Conversion Funnel KPIs

In 2024, the add-to-cart rate for the Singapore Furniture E-Commerce Market was 10.0-10.5%, while the cart abandonment rate was 91.5-92.0%,. The e-commerce shopping statistics of consumers buying are used to benchmark performance for e-commerce retailers in the market.

10.0-10.5%2024
91.5-92.0%
2024

Conversion Rate

2024

Discount Rate

2024

Return Rate

2024

Averager Order Value

2024

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