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$41.9 million by 2027. The Closets, Nightstands & Dressers eCommerce market is a sub-market of the Bedroom Furniture market. Further categories within the Bedroom Furniture market are: Beds, Mattresses, and Other Bedroom Furniture.
eCommerce revenue development in the Closets, Nightstands & Dressers market in Vietnam
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 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 |
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