Furniture & Appliances market in Madagascar
The Madagascan Furniture & Appliances eCommerce market is predicted to reach US$21.3 million by 2023 and accounts for 12.5% of the total eCommerce market in Madagascar. 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 15.6%, resulting in a projected market volume of US$38.0 million by 2027. Within the Furniture & Appliances market ecommerceDB considers the following two sub-markets: Household Appliances and Furniture & Homeware.
Market development
eCommerce revenue development in the Other Household Appliances market in Madagascar
The Madagascan Other Household Appliances eCommerce market is predicted to reach US$4.5 million by 2023 and accounts for 23.5% of the Household Appliances eCommerce market in Madagascar. 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 16.2%, resulting in a projected market volume of US$8.2 million by 2027. The Other Household Appliances eCommerce market is a sub-market of the Household Appliances market. Further categories within the Household Appliances market are: Major Appliances, and Small Appliances.
eCommerce revenue development in the Other Household Appliances market in Madagascar
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 25.7 | 43.4 | 9.3 | 16.5 | 0.3 | 6.8 | 41.5 | 95.6 |
| AOV (in US$) | 17.8 | 30.3 | 17.8 | 90.3 | 59.3 | 11.0 | 89.8 | 23.7 |
| CVR (in %) | 25.7 | 43.4 | 9.3 | 16.5 | 0.3 | 6.8 | 41.5 | 95.6 |
Select sub-market
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- Bedroom Furniture *
- Beds *
- Closets, Nightstands & Dressers *
- Mattresses *
- Other Bedroom Furniture *
- Floor Covering *
- Kitchen Furniture *
- Lamps & Lighting *
- Living-Room & Dining-Room Furniture *
- Living & Dining Room *
- Other Living-Room & Dining-Room Furniture *
- Seats & Sofas *
- Other Furniture *
- Plastic & Other Furniture *
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- Dishwashing Machines *
- Freezers *
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- Coffee Machines *
- Electric Kettles *
- Grills & Roasters *
- Hair Clippers *
- Hair Dryers *
- Irons *
- Microwave Ovens *
- Toasters *
- Vacuum Cleaners *
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