Furniture & Homeware market in Armenia
The Armenian Furniture & Homeware eCommerce market is predicted to reach US$2.8 million by 2024 and accounts for 11.8% of the total eCommerce market in Armenia. 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 9.4%, resulting in a projected market volume of US$4.0 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 Kitchen & Bath market in Armenia
The Armenian Kitchen & Bath eCommerce market is predicted to reach US$0.3 million by 2024 and accounts for 19.5% of the Furniture eCommerce market in Armenia. 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 10.4%, resulting in a projected market volume of US$0.5 million by 2028. The Kitchen & Bath eCommerce market is a sub-market of the Furniture market. Further categories within the Furniture market are: Home & Living, Home Office & Workplace Furniture, Other Furniture, and Outdoor Furniture.
eCommerce revenue development in the Kitchen & Bath market in Armenia
eCommerce revenue growth in the Kitchen & Bath market in Armenia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 20.7 | 67.9 | 39.8 | 97.2 | 24.5 | 88.6 | 54.3 | 95.1 |
Market definition
Definition of the Kitchen & Bath market within the Furniture & Homeware market
Market definition: Furniture & Homeware > Furniture > Kitchen & Bath The category Kitchen & Bath includes the online trade of kitchen furniture (e.g. kitchen cabinets, kitchen racks) and bathroom furniture (e.g. bathroom cabinets, bathroom storage). This category does not cover customized built-in kitchens and unmovable objects (e.g. sinks, bath tubs, faucets). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Kitchen furniture (e.g. kitchen cabinets, kitchen racks)
- Bathroom furniture (e.g. bathroom cabinets, bathroom storage)
Out-of-scope
- Customized built-in kitchens
- Unmovable objects (e.g. sinks, bath tubs, faucets)
Market comparison
The Armenian Kitchen & Bath market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select sub-category
- Beds *
- Chairs *
- Mattresses *
- Tables *
- Other Home & Living Furniture *
- Bath Furniture *
- Kitchen Furniture *
- Other Furniture *
- Bedding *
- Carpets *
- Curtains & Blinds *
- Decorations *
- Lamps *
- Tableware *
- Other Homeware *
* Not available for the selected country