Furniture & Appliances market in Vietnam

The Vietnamese Furniture & Appliances eCommerce market is predicted to reach US$1,276.6 million by 2023 and accounts for 9.6% of the total eCommerce market in Vietnam. 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 15.3%, resulting in a projected market volume of US$2,255.5 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 Closets, Nightstands & Dressers market in Vietnam

The Vietnamese Closets, Nightstands & Dressers eCommerce market is predicted to reach US$25.7 million by 2023 and accounts for 23.6% of the Bedroom Furniture eCommerce market in Vietnam. 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 13.1%, resulting in a projected market volume of US$41.9 million by 2027. The Closets, Nightstands & Dressers eCommerce market is a sub-market of the Bedroom Furniture market. Further categories within the Bedroom Furniture market are: Beds, Mattresses, and Other Bedroom Furniture.

eCommerce revenue development in the Closets, Nightstands & Dressers market in Vietnam

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 65.6 69.2 24.1 54.6 90.2 5.9 76.7 32.0
AOV (in US$) 94.3 25.9 86.5 48.3 97.8 6.0 3.0 74.4
CVR (in %) 65.6 69.2 24.1 54.6 90.2 5.9 76.7 32.0
AOV: Average Order Value CVR: Conversion Rate