Furniture & Appliances market in Nigeria
The Nigerian Furniture & Appliances eCommerce market is predicted to reach US$1,195.0 million by 2023 and accounts for 15.7% of the total eCommerce market in Nigeria. 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 12.0%, resulting in a projected market volume of US$1,877.4 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 Furniture market in Nigeria
The Nigerian Other Furniture eCommerce market is predicted to reach US$66.4 million by 2023 and accounts for 11.6% of the Furniture & Homeware eCommerce market in Nigeria. 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 7.2%, resulting in a projected market volume of US$87.6 million by 2027. The Other Furniture eCommerce market is a sub-market of the Furniture & Homeware market. Further categories within the Furniture & Homeware market are: Bedroom Furniture, Floor Covering, Kitchen Furniture, Lamps & Lighting, Living-Room & Dining-Room Furniture, and Plastic & Other Furniture.
eCommerce revenue development in the Other Furniture market in Nigeria
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 87.3 | 52.3 | 37.5 | 9.0 | 29.5 | 36.4 | 65.2 | 84.4 |
| AOV (in US$) | 93.5 | 38.1 | 98.2 | 69.7 | 71.3 | 7.7 | 22.4 | 71.1 |
| CVR (in %) | 87.3 | 52.3 | 37.5 | 9.0 | 29.5 | 36.4 | 65.2 | 84.4 |
Market definition
Definition of the Other Furniture market within the Furniture & Appliances market
Market definition: Furniture & Appliances > Furniture & Homeware > Other Furniture The category Other Furniture includes the online sale of furniture products and accessories, such as bathroom furniture accessories (e.g., toilet paper holders, rugs, hand dryers), baby and toddler furniture, as well as linens and bedding (e.g., table linens, kitchen linen sets, towels). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Bathroom furniture accessories (e.g., toilet paper holders, rugs, hand dryers)
- Toddler furniture
Out-of-scope
- Furniture covered in other market sections
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