Wayfair Ranked as the World's Largest Furniture and Home Goods Marketplace in 2022

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Nabilah Muhamad 11/07/2023 20:10 WIB

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Wayfair, a Boston, USA-based online marketplace specializing in furniture and home goods, achieved the highest gross revenue globally, reaching US$24.003 billion.

Estimated Gross Merchandise Value (GMV) of the 5 Largest Furniture and Home Furnishings Marketplaces in the World (2022)

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Estimated Gross Merchandise Value (GMV) of the 5 Largest Furniture and Home Furnishings Marketplaces in the World (2022)

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Besides retail stores, consumers can also purchase furniture and household goods through online marketplaces for easier and more practical shopping.

Data collection agency Statista compiled a list of the world's largest furniture and equipment marketplaces. The calculation uses the 2022 Gross Merchandise Value (GMV), which is the total gross revenue from the sale of goods and services on a website.

According to the report, Statista names the world's largest marketplaces for furniture and equipment as being from the United States: Wayfair, Overstock.com, and Houzz.

Wayfair, based in Boston, USA, recorded a gross revenue from the volume of goods sold of US$24 billion throughout 2022.

Overstock.com followed in second place with total gross revenue of US$3.14 billion.

Houzz followed in third place with gross revenue of US$1.11 billion throughout last year.

Below are the world's largest furniture and equipment marketplaces with the highest gross revenue, as reported by Statista:

1. Wayfair (United States): US$24 billion
2. Overstock.com (United States): US$3.14 billion
3. Houzz (United States): US$1.11 billion
4. MadeiraMadeira (Brazil): US$935 million
5. Conforama (France): US$784 million

(Also read: These are the E-commerce Companies with the Largest Transaction Values in Southeast Asia in 2022)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Wayfair Ranked as the World's Largest Furniture and Home Goods Marketplace in 2022

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