Furniture & Appliances market in North Macedonia

The Macedonian Furniture & Appliances eCommerce market is predicted to reach US$78.4 million by 2023 and accounts for 17.5% of the total eCommerce market in North Macedonia. 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$123.9 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 Furniture & Appliances market in North Macedonia

The Macedonian Furniture & Appliances eCommerce market is predicted to reach US$78.4 million by 2023 and accounts for 17.5% of the total eCommerce market in North Macedonia. 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$123.9 million by 2027. Within the Furniture & Appliances market ecommerceDB considers the following two sub-markets: Household Appliances and Furniture & Homeware.

eCommerce revenue development in the Furniture & Appliances market in North Macedonia

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 25.7 43.4 9.3 16.5 0.3 6.8 41.5 95.6
AOV (in US$) 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
AOV: Average Order Value CVR: Conversion Rate

Market definition

Definition of the Furniture & Appliances market

Market definition: Furniture & Appliances The category Furniture & Appliances is comprised of the digital sale of furniture, kitchens and household goods (e.g. kitchen accessories, bathroom accessories and home textiles), as well as electronic household appliances (e.g. washing machines, dishwashers and coffee machines) for the private end user (B2C). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Furniture
  • Household goods (e.g. kitchen accessories, bathroom accessories and home textiles)
  • Electronic household appliances (e.g. washing machines, dishwashers and coffee machines)
  • Kitchens

Out-of-scope

  • Baths, sinks, faucets, and other unmovable objects
  • Consumer electronics
  • Fans, fan heaters, and air conditioners
  • Other household textiles

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