Furniture & Appliances market in Mongolia
The Mongolian Furniture & Appliances eCommerce market is predicted to reach US$42.2 million by 2023 and accounts for 9.6% 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 2023-2027) will be 16.2%, resulting in a projected market volume of US$77.0 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 Mongolia
The Mongolian Other Household Appliances eCommerce market is predicted to reach US$7.5 million by 2023 and accounts for 22.8% 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 2023-2027) will be 16.6%, resulting in a projected market volume of US$13.8 million by 2027. The Other Household Appliances eCommerce market is a sub-market of the Household Appliances market. Further categories within the Household Appliances market are: Major Appliances, and Small Appliances.
eCommerce revenue development in the Other Household Appliances market in Mongolia
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 69.5 | 40.3 | 50.8 | 46.8 | 44.6 | 13.1 | 41.7 | 85.5 |
| AOV (in US$) | 94.7 | 38.6 | 25.4 | 51.7 | 85.3 | 46.9 | 51.5 | 66.1 |
| CVR (in %) | 69.5 | 40.3 | 50.8 | 46.8 | 44.6 | 13.1 | 41.7 | 85.5 |
Select sub-market
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- Bedroom Furniture *
- Beds *
- Closets, Nightstands & Dressers *
- Mattresses *
- Other Bedroom Furniture *
- Floor Covering *
- Kitchen Furniture *
- Lamps & Lighting *
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- 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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* Not available for the selected country