Furniture & Homeware market in Latvia
The Latvian Furniture & Homeware eCommerce market is predicted to reach US$88.0 million by 2024 and accounts for 11.7% of the total eCommerce market in Latvia. 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$107.3 million by 2028. Within the Furniture & Homeware market ECDB considers the following two sub-markets: Furniture and Homeware.
Market development
eCommerce revenue development in the Chairs market in Latvia
The Latvian Chairs eCommerce market is predicted to reach US$3.5 million by 2024 and accounts for 12.5% of the Home & Living eCommerce market in Latvia. 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 6.9%, resulting in a projected market volume of US$4.5 million by 2028. The Chairs eCommerce market is a sub-market of the Home & Living market. Further categories within the Home & Living market are: Beds, Cabinets & Shelves, Mattresses, Other Home & Living Furniture, and Tables.
eCommerce revenue development in the Chairs market in Latvia
eCommerce revenue growth in the Chairs market in Latvia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 90.8 | 73.7 | 98.5 | 60.7 | 21.8 | 52.4 | 66.0 | 24.2 |
Market definition
Definition of the Chairs market within the Furniture & Homeware market
Market definition: Furniture & Homeware > Furniture > Home & Living > Chairs The category Chairs includes the online trade of chairs (e.g. dining chairs, accent chairs, bar stools). This category does not cover office chairs and outdoor chairs. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Chairs (e.g. dining chairs, accent chairs, bar stools)
Out-of-scope
- Office chairs
- Outdoor chairs
Market comparison
The Latvian Chairs market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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