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 Small Kitchen Appliances market in Mongolia
The Mongolian Small Kitchen Appliances eCommerce market is predicted to reach US$1.8 million by 2024 and accounts for 11.6% 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 22.8%, resulting in a projected market volume of US$4.2 million by 2028. The Small Kitchen Appliances eCommerce market is a sub-market of the Household Appliances market. Further categories within the Household Appliances market are: Cookers & Ovens, Dishwashers, Other Household Appliances, Refrigerators, Vacuum Cleaners, and Washing Machines.
eCommerce revenue development in the Small Kitchen Appliances market in Mongolia
eCommerce revenue growth in the Small Kitchen Appliances market in Mongolia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 16.0 | 10.1 | 24.0 | 48.5 | 84.3 | 10.5 | 87.0 | 20.2 |
Market definition
Definition of the Small Kitchen Appliances market within the Electronics market
Market definition: Electronics > Electrical Appliances > Household Appliances > Small Kitchen Appliances The category Small Kitchen Appliances includes the online trade of toasters, electric kettles, microwave ovens, and more. This category does not cover lare household appliances, cleaning appliances or personal care appliances. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Toasters
- Electric kettles
- Microwave ovens
- Airfryers
- Coffee makers
- Espresso machines
- Blenders
- Food processors (e.g. Thermomix)
- Slow cookers and pressure cookers
- Waffle makers and griddles
- Juicers
- Hand and stand mixers
- Kitchen scales and timers
- Ice cream and yogurt makers
- Bread makers
Out-of-scope
- Lare household appliances
- Cleaning appliances
- Personal care appliances
Market comparison
The Mongolian Small Kitchen Appliances market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select sub-category
- Headphones *
- Hifi Equipment *
- Bluetooth Loudspeakers *
- Other Loudspeakers *
- Other Audio *
- Action Cameras *
- Other Cameras *
- Other Computing *
- Fitness Trackers *
- Game Consoles *
- Game Console Accessories *
- Game Console Devices *
- Cartridges & Toners *
- Scanners *
- Other Printers & Scanners *
- Cases & Accessories *
- Smartwatches *
- Other Telecommunications *
- Media Boxes & Sticks *
- Other TV & Video *
- Other Household Appliances *
- Electric Toothbrushes *
- Hair Dryers *
- Shavers *
- Other Personal Care Appliances *
* Not available for the selected country