Furniture & Homeware market in Latvia

Market development

eCommerce revenue development in the Tables market in Latvia

The Latvian Tables eCommerce market is predicted to reach US$4.9 million by 2024 and accounts for 16.9% 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 4.5%, resulting in a projected market volume of US$5.8 million by 2028. The Tables eCommerce market is a sub-market of the Home & Living market. Further categories within the Home & Living market are: Beds, Cabinets & Shelves, Chairs, Mattresses, and Other Home & Living Furniture.

eCommerce revenue development in the Tables market in Latvia

in million US$

eCommerce revenue growth in the Tables market in Latvia

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)71.069.261.33.24.15.160.091.3

Online share

eCommerce online share of the total Tables market in Latvia

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 Latvian Tables retail market, the online share is 37.2% and will increase by an average of 9.4% to 53.3% by 2028.

eCommerce online share of the total Tables market in Latvia

in %
20202021202220232024202520262027
Online share (in %)56.2%37.5%27.2%12.4%7.6%20.8%13.6%82.7%

Market definition

Definition of the Tables market within the Furniture & Homeware market

Market definition: Furniture & Homeware > Furniture > Home & Living > Tables The category Tables includes the online trade of tables (e.g. dining tables, coffee tables, console tables, kitchen tables). This category does not cover nightstands, study desks or computer desks. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Tables (e.g. dining tables, coffee tables, console tables, kitchen tables)

Out-of-scope

  • Nightstands
  • Study desks
  • Computer desks
  • Outdoor tables
  • Pool and game tables