Furniture & Appliances market in Lithuania

The Lithuanian Furniture & Appliances eCommerce market is predicted to reach US$229.9 million by 2023 and accounts for 17.6% of the total eCommerce market in Lithuania. 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 12.1%, resulting in a projected market volume of US$363.5 million by 2027. Within the Furniture & Appliances market ecommerceDB considers the following two sub-markets: Furniture & Homeware and Household Appliances.

Market development

eCommerce revenue development in the Hair Clippers market in Lithuania

The Lithuanian Hair Clippers eCommerce market is predicted to reach US$1.4 million by 2023 and accounts for 5.2% of the Small Appliances eCommerce market in Lithuania. 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 9.4%, resulting in a projected market volume of US$2.0 million by 2027. The Hair Clippers eCommerce market is a sub-market of the Small Appliances market. Further categories within the Small Appliances market are: Coffee Machines, Electric Kettles, Grills & Roasters, Hair Dryers, Irons, Microwave Ovens, Small Kitchen Appliances, Toasters, and Vacuum Cleaners.

eCommerce revenue development in the Hair Clippers market in Lithuania

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 80.9 87.3 32.0 32.4 73.6 37.7 0.1 75.1
AOV (in US$) 71.5 30.2 45.2 66.8 82.9 13.8 23.1 31.7
CVR (in %) 80.9 87.3 32.0 32.4 73.6 37.7 0.1 75.1
AOV: Average Order Value CVR: Conversion Rate

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