Electronics market in Mongolia
The Mongolian Electronics eCommerce market is predicted to reach US$56.4 million by 2024 and accounts for 23.1% of the total 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 24.4%, resulting in a projected market volume of US$135.3 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.
Market development
eCommerce revenue development in the Cookers & Ovens market in Mongolia
The Mongolian Cookers & Ovens eCommerce market is predicted to reach US$2.1 million by 2024 and accounts for 13.5% of the Household Appliances 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 21.0%, resulting in a projected market volume of US$4.6 million by 2028. The Cookers & Ovens eCommerce market is a sub-market of the Household Appliances market. Further categories within the Household Appliances market are: Dishwashers, Other Household Appliances, Refrigerators, Small Kitchen Appliances, Vacuum Cleaners, and Washing Machines.
eCommerce revenue development in the Cookers & Ovens market in Mongolia
eCommerce revenue growth in the Cookers & Ovens market in Mongolia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 98.8 | 30.4 | 44.0 | 57.8 | 92.5 | 63.9 | 63.3 | 20.4 |
Market definition
Definition of the Cookers & Ovens market within the Electronics market
Market definition: Electronics > Electrical Appliances > Household Appliances > Cookers & Ovens The category Cookers & Ovens includes the online trade of gas ovens, electric ovens, double ovens, and more. This category does not cover range hoods and outdoor cooking appliances (e.g. grills, smokers, outdoor ovens). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Gas ovens
- Electric ovens
- Double ovens
- Freestanding cookers
- Built-in cookers
- Cooking tops (e.g. ceran cooktops, induction cooktops)
Out-of-scope
- Range hoods
- Outdoor cooking appliances (e.g. grills, smokers, outdoor ovens)
Market comparison
The Mongolian Cookers & Ovens market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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