Electronics market in Iceland
The Icelandic Electronics eCommerce market is predicted to reach US$207.9 million by 2023 and accounts for 22.7% of the total eCommerce market in Iceland. 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 4.6%, resulting in a projected market volume of US$248.9 million by 2027. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.
Market development
eCommerce revenue development in the Dishwashers market in Iceland
The Icelandic Dishwashers eCommerce market is predicted to reach US$8.7 million by 2023 and accounts for 14.7% of the Household Appliances eCommerce market in Iceland. 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 6.9%, resulting in a projected market volume of US$11.4 million by 2027. The Dishwashers eCommerce market is a sub-market of the Household Appliances market. Further categories within the Household Appliances market are: Cookers & Ovens, Other Household Appliances, Refrigerators, Small Kitchen Appliances, Vacuum Cleaners, and Washing Machines.
eCommerce revenue development in the Dishwashers market in Iceland
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the Dishwashers market in Iceland
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 17.9 | 43.5 | 83.8 | 42.6 | 46.7 | 87.1 | 19.3 | 38.7 |
AOV (in US$) | 0.3 | 0.9 | 0.3 | 0.6 | 0.2 | 0.0 | 1.0 | 0.1 |
CVR (in %) | 63.9 | 1.1 | 42.5 | 18.4 | 88.9 | 38.1 | 71.1 | 86.2 |
Market definition
Definition of the Dishwashers market within the Electronics market
Market definition: Electronics > Electrical Appliances > Household Appliances > Dishwashers The category Dishwashers includes the online trade of dishwashers (e.g. front control dishwashers, top control dishwashers), portable dishwashers, countertop dishwashers, and more. This category does not cover industrial dishwashers. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Dishwashers (e.g. front control dishwashers, top control dishwashers)
- Portable dishwashers
- Countertop dishwashers
- Panel-ready dishwashers
Out-of-scope
- Industrial dishwashers
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