Electronics market in Guyana

The Guyanese Electronics eCommerce market is predicted to reach US$18.4 million by 2024 and accounts for 24.2% of the total eCommerce market in Guyana. 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 5.5%, resulting in a projected market volume of US$22.8 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 Other Household Appliances market in Guyana

The Guyanese Other Household Appliances eCommerce market is predicted to reach US$0.5 million by 2024 and accounts for 10.7% of the Household Appliances eCommerce market in Guyana. 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 5.1%, resulting in a projected market volume of US$0.6 million by 2028. The Other Household Appliances eCommerce market is a sub-market of the Household Appliances market. Further categories within the Household Appliances market are: Cookers & Ovens, Dishwashers, Refrigerators, Small Kitchen Appliances, Vacuum Cleaners, and Washing Machines.

eCommerce revenue development in the Other Household Appliances market in Guyana

in million US$

eCommerce revenue growth in the Other Household Appliances market in Guyana

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)87.526.752.483.819.914.696.242.6

Online share

eCommerce online share of the total Other Household Appliances market in Guyana

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 Guyanese Other Household Appliances retail market, the online share is 22.1% and will increase by an average of 10.9% to 33.4% by 2028.

eCommerce online share of the total Other Household Appliances market in Guyana

in %
20202021202220232024202520262027
Online share (in %)52.1%49.0%69.6%24.5%65.5%52.9%93.3%5.4%

Market definition

Definition of the Other Household Appliances market within the Electronics market

Market definition: Electronics > Electrical Appliances > Household Appliances > Other Household Appliances The category Other Household Appliances includes the online trade of air purifiers, humidifiers, dehumidifiers, and more. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Air Purifiers
  • Humidifiers
  • Dehumidifiers
  • Electric fans
  • Freezers
  • Irons
  • Dryers