Furniture & Appliances market in New Zealand
The New Zealand Furniture & Appliances eCommerce market is predicted to reach US$851.6 million by 2023 and accounts for 13.5% of the total eCommerce market in New Zealand. 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 11.5%, resulting in a projected market volume of US$1,316.8 million by 2027. Within the Furniture & Appliances market ecommerceDB considers the following two sub-markets: Furniture & Homeware and Household Appliances.
Market development
eCommerce revenue development in the Seats & Sofas market in New Zealand
The New Zealand Seats & Sofas eCommerce market is predicted to reach US$84.4 million by 2023 and accounts for 51.7% of the Living-Room & Dining-Room Furniture eCommerce market in New Zealand. 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 12.7%, resulting in a projected market volume of US$136.2 million by 2027. The Seats & Sofas eCommerce market is a sub-market of the Living-Room & Dining-Room Furniture market. Further categories within the Living-Room & Dining-Room Furniture market are: Living & Dining Room, and Other Living-Room & Dining-Room Furniture.
eCommerce revenue development in the Seats & Sofas market in New Zealand
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 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 |
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