Furniture & Homeware market in Mongolia

Market development

eCommerce revenue development in the Cabinets & Shelves market in Mongolia

The Mongolian Cabinets & Shelves eCommerce market is predicted to reach US$3.1 million by 2024 and accounts for 24.6% of the Home & Living eCommerce market in Mongolia. 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 31.9%, resulting in a projected market volume of US$9.3 million by 2028. The Cabinets & Shelves eCommerce market is a sub-market of the Home & Living market. Further categories within the Home & Living market are: Beds, Chairs, Mattresses, Other Home & Living Furniture, and Tables.

eCommerce revenue development in the Cabinets & Shelves market in Mongolia

in million US$

eCommerce revenue growth in the Cabinets & Shelves market in Mongolia

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)99.930.763.342.254.092.128.531.2

Online share

eCommerce online share of the total Cabinets & Shelves market in Mongolia

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 Mongolian Cabinets & Shelves retail market, the online share is 13.8% and will increase by an average of 5.1% to 16.8% by 2028.

eCommerce online share of the total Cabinets & Shelves market in Mongolia

in %
20202021202220232024202520262027
Online share (in %)0.1%69.8%17.5%11.2%58.9%70.5%62.2%88.9%

Market definition

Definition of the Cabinets & Shelves market within the Furniture & Homeware market

Market definition: Furniture & Homeware > Furniture > Home & Living > Cabinets & Shelves The category Cabinets & Shelves includes the online trade of cabinets (e.g. storage cabinets, wardrobes, display cabinets) and shelves (e.g. bookshelves, floating shelves). This category does not cover kitchen cabinets and bathroom cabinets. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Cabinets (e.g. storage cabinets, wardrobes, display cabinets)
  • Shelves (e.g. bookshelves, floating shelves)

Out-of-scope

  • Kitchen cabinets
  • Bathroom cabinets

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