Electronics market in Bangladesh

The Bangladeshi Electronics eCommerce market is predicted to reach US$2,612.1 million by 2024 and accounts for 23.8% of the total eCommerce market in Bangladesh. 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 19.3%, resulting in a projected market volume of US$5,295.2 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.

Market development

eCommerce revenue development in the Washing Machines market in Bangladesh

The Bangladeshi Washing Machines eCommerce market is predicted to reach US$166.5 million by 2024 and accounts for 23.1% of the Household Appliances eCommerce market in Bangladesh. 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 18.8%, resulting in a projected market volume of US$331.9 million by 2028. The Washing Machines eCommerce market is a sub-market of the Household Appliances market. Further categories within the Household Appliances market are: Cookers & Ovens, Dishwashers, Other Household Appliances, Refrigerators, Small Kitchen Appliances, and Vacuum Cleaners.

eCommerce revenue development in the Washing Machines market in Bangladesh

in million US$

eCommerce revenue growth in the Washing Machines market in Bangladesh

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)41.121.093.218.775.051.540.362.5

Online share

eCommerce online share of the total Washing Machines market in Bangladesh

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 Bangladeshi Washing Machines retail market, the online share is 13.0% and will increase by an average of 11.0% to 19.7% by 2028.

eCommerce online share of the total Washing Machines market in Bangladesh

in %
20202021202220232024202520262027
Online share (in %)7.4%95.3%64.8%12.7%15.5%54.7%0.9%47.3%

Market definition

Definition of the Washing Machines market within the Electronics market

Market definition: Electronics > Electrical Appliances > Household Appliances > Washing Machines The category Washing Machines includes the online trade of front-loading washing machines, top-loading washing machines, washer-dryer combos, and more. This category does not cover dryers and commercial and industrial washing machines. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Front-loading washing machines
  • Top-loading washing machines
  • Washer-dryer combos
  • Steam washing machines

Out-of-scope

  • Dryers
  • Commercial and industrial washing machines