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

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 87.3 52.3 37.5 9.0 29.5 36.4 65.2 84.4
AOV (in US$) 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
AOV: Average Order Value CVR: Conversion Rate