Furniture & Homeware market in Bosnia and Herzegovina

Market development

eCommerce revenue development in the Chairs market in Bosnia and Herzegovina

The Bosnian Chairs eCommerce market is predicted to reach US$3.0 million by 2024 and accounts for 11.9% of the Home & Living eCommerce market in Bosnia and Herzegovina. 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$4.4 million by 2028. The Chairs eCommerce market is a sub-market of the Home & Living market. Further categories within the Home & Living market are: Beds, Cabinets & Shelves, Mattresses, Other Home & Living Furniture, and Tables.

eCommerce revenue development in the Chairs market in Bosnia and Herzegovina

in million US$

eCommerce revenue growth in the Chairs market in Bosnia and Herzegovina

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)30.033.069.961.378.222.372.891.5

Online share

eCommerce online share of the total Chairs market in Bosnia and Herzegovina

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Bosnian Chairs retail market, the online share is 12.9% and will increase by an average of 9.8% to 18.7% by 2028.

eCommerce online share of the total Chairs market in Bosnia and Herzegovina

in %
20202021202220232024202520262027
Online share (in %)37.8%51.4%70.0%24.2%26.5%40.6%42.5%48.6%

Market definition

Definition of the Chairs market within the Furniture & Homeware market

Market definition: Furniture & Homeware > Furniture > Home & Living > Chairs The category Chairs includes the online trade of chairs (e.g. dining chairs, accent chairs, bar stools). This category does not cover office chairs and outdoor chairs. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Chairs (e.g. dining chairs, accent chairs, bar stools)

Out-of-scope

  • Office chairs
  • Outdoor chairs