Furniture & Homeware market in Vietnam
The Vietnamese Furniture & Homeware eCommerce market is predicted to reach US$2,785.6 million by 2024 and accounts for 11.7% 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 2024-2028) will be 13.4%, resulting in a projected market volume of US$4,605.0 million by 2028. Within the Furniture & Homeware market ECDB considers the following two sub-markets: Furniture and Homeware.
Market development
eCommerce revenue development in the Kitchen Furniture market in Vietnam
The Vietnamese Kitchen Furniture eCommerce market is predicted to reach US$154.1 million by 2024 and accounts for 56.9% of the Kitchen & Bath 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 2024-2028) will be 17.2%, resulting in a projected market volume of US$291.0 million by 2028. The Kitchen Furniture eCommerce market is a sub-market of the Kitchen & Bath market. Further categories within the Kitchen & Bath market are: Bath Furniture.
eCommerce revenue development in the Kitchen Furniture market in Vietnam
eCommerce revenue growth in the Kitchen Furniture market in Vietnam
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 88.5 | 19.9 | 46.2 | 98.2 | 52.6 | 49.0 | 68.7 | 59.7 |
Market definition
Definition of the Kitchen Furniture market within the Furniture & Homeware market
Market definition: Furniture & Homeware > Furniture > Kitchen & Bath > Kitchen Furniture The category Kitchen Furniture includes the online trade of kitchen furniture (e.g. kitchen cabinets, kitchen racks, kitchen buffets). This category does not cover refrigerators, customized built-in kitchens or tableware. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Kitchen furniture (e.g. kitchen cabinets, kitchen racks, kitchen buffets)
Out-of-scope
- Refrigerators
- Customized built-in kitchens
- Tableware
Market comparison
The Vietnamese Kitchen Furniture market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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