Furniture & Appliances market in Malaysia
The Malaysian Furniture & Appliances eCommerce market is predicted to reach US$1,685.0 million by 2023 and accounts for 16.5% of the total eCommerce market in Malaysia. 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 17.2%, resulting in a projected market volume of US$3,178.5 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 Seats & Sofas market in Malaysia
The Malaysian Seats & Sofas eCommerce market is predicted to reach US$91.7 million by 2023 and accounts for 33.5% of the Living-Room & Dining-Room Furniture eCommerce market in Malaysia. 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 15.4%, resulting in a projected market volume of US$162.7 million by 2027. The Seats & Sofas eCommerce market is a sub-market of the Living-Room & Dining-Room Furniture market. Further categories within the Living-Room & Dining-Room Furniture market are: Living & Dining Room, and Other Living-Room & Dining-Room Furniture.
eCommerce revenue development in the Seats & Sofas market in Malaysia
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 80.9 | 87.3 | 32.0 | 32.4 | 73.6 | 37.7 | 0.1 | 75.1 |
| AOV (in US$) | 71.5 | 30.2 | 45.2 | 66.8 | 82.9 | 13.8 | 23.1 | 31.7 |
| CVR (in %) | 80.9 | 87.3 | 32.0 | 32.4 | 73.6 | 37.7 | 0.1 | 75.1 |
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