Furniture & Appliances market in Nepal

The Nepali Furniture & Appliances eCommerce market is predicted to reach US$163.4 million by 2023 and accounts for 14.4% of the total eCommerce market in Nepal. 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 14.9%, resulting in a projected market volume of US$284.8 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 Vacuum Cleaners market in Nepal

The Nepali Vacuum Cleaners eCommerce market is predicted to reach US$10.6 million by 2023 and accounts for 26.3% of the Small Appliances eCommerce market in Nepal. 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 14.7%, resulting in a projected market volume of US$18.4 million by 2027. The Vacuum Cleaners eCommerce market is a sub-market of the Small Appliances market. Further categories within the Small Appliances market are: Coffee Machines, Electric Kettles, Grills & Roasters, Hair Clippers, Hair Dryers, Irons, Microwave Ovens, Small Kitchen Appliances, and Toasters.

eCommerce revenue development in the Vacuum Cleaners market in Nepal

in million US$, in %

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 25.7 43.4 9.3 16.5 0.3 6.8 41.5 95.6
AOV (in US$) 17.8 30.3 17.8 90.3 59.3 11.0 89.8 23.7
CVR (in %) 25.7 43.4 9.3 16.5 0.3 6.8 41.5 95.6
AOV: Average Order Value CVR: Conversion Rate

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