In 2023, the e-commerce share of retail sales for furniture and home furnishings stores in Canada stood at 12.3%. Forecasts suggest consistent growth, with the share increasing to 17.3% by 2028. Year-on-year growth from 2024 to 2028 averages around 1 percentage point, highlighting a steady upward trend. The five-year compound annual growth rate (CAGR) is a significant indicator of robust development.
Key future trends to watch include:
- Adoption of augmented reality and virtual shopping experiences.
- Increasing consumer shift towards online purchasing driven by convenience.
- Enhanced logistics and delivery options improving e-commerce appeal.
