Furniture & Homeware market in Bosnia and Herzegovina
The Bosnian Furniture & Homeware eCommerce market is predicted to reach US$187.8 million by 2023 and accounts for 11.6% of the total 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 2023-2027) will be 7.7%, resulting in a projected market volume of US$252.5 million by 2027. Within the Furniture & Homeware market ECDB considers the following two sub-markets: Furniture and Homeware.
Market development
eCommerce revenue development in the Home Office & Workplace Furniture market in Bosnia and Herzegovina
The Bosnian Home Office & Workplace Furniture eCommerce market is predicted to reach US$17.0 million by 2023 and accounts for 13.8% of the Furniture 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 2023-2027) will be 7.8%, resulting in a projected market volume of US$22.9 million by 2027. The Home Office & Workplace Furniture eCommerce market is a sub-market of the Furniture market. Further categories within the Furniture market are: Home & Living, Kitchen & Bath, Other Furniture, and Outdoor Furniture.
eCommerce revenue development in the Home Office & Workplace Furniture market in Bosnia and Herzegovina
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the Home Office & Workplace Furniture market in Bosnia and Herzegovina
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 16.1 | 43.2 | 76.2 | 53.3 | 7.1 | 61.4 | 46.3 | 88.4 |
| AOV (in US$) | 71.6 | 8.7 | 31.2 | 63.1 | 16.9 | 4.2 | 88.4 | 94.0 |
| CVR (in %) | 16.1 | 43.2 | 76.2 | 53.3 | 7.1 | 61.4 | 46.3 | 88.4 |
Market definition
Definition of the Home Office & Workplace Furniture market within the Furniture & Homeware market
Market definition: Furniture & Homeware > Furniture > Home Office & Workplace Furniture The category Home Office & Workplace Furniture includes the online trade of office chairs, computer desks, workstations, and more. This category does not cover computers, laptops and notebooks or tablets. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Office chairs
- Computer desks
- Workstations
- Office storage solutions
- Standing desk converters
- Modular office furniture
Out-of-scope
- Computers
- Laptops and notebooks
- Tablets
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