Furniture & Appliances market in Costa Rica

The Costa Rican Furniture & Appliances eCommerce market is predicted to reach US$315.6 million by 2023 and accounts for 18.0% of the total eCommerce market in Costa Rica. 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 12.0%, resulting in a projected market volume of US$496.6 million by 2027. Within the Furniture & Appliances market ecommerceDB considers the following two sub-markets: Household Appliances and Furniture & Homeware.

Market development

eCommerce revenue development in the Major Appliances market in Costa Rica

The Costa Rican Major Appliances eCommerce market is predicted to reach US$108.2 million by 2023 and accounts for 49.6% of the Household Appliances eCommerce market in Costa Rica. 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 12.3%, resulting in a projected market volume of US$172.0 million by 2027. The Major Appliances eCommerce market is a sub-market of the Household Appliances market. Further categories within the Household Appliances market are: Other Household Appliances, and Small Appliances.

eCommerce revenue development in the Major Appliances market in Costa Rica

in million US$, in %

Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war

Source: Statista Market Insights, ecommerceDB

2020 2021 2022 2023 2024 2025 2026 2027
Revenue (in mUS$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 18.6 36.3 80.6 56.6 50.0 86.9 41.8 54.9
AOV (in US$) 46.8 34.0 93.4 93.6 49.7 83.8 81.2 25.7
CVR (in %) 18.6 36.3 80.6 56.6 50.0 86.9 41.8 54.9
AOV: Average Order Value CVR: Conversion Rate