Furniture & Homeware market in Laos
The Lao Furniture & Homeware eCommerce market is predicted to reach US$21.0 million by 2024 and accounts for 11.9% of the total eCommerce market in Laos. 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 16.6%, resulting in a projected market volume of US$38.8 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 Homeware market in Laos
The Lao Homeware eCommerce market is predicted to reach US$7.8 million by 2024 and accounts for 37.1% of the Furniture & Homeware eCommerce market in Laos. 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 16.6%, resulting in a projected market volume of US$14.4 million by 2028. The Homeware eCommerce market is a sub-market of the Furniture & Homeware market. Further categories within the Furniture & Homeware market are: Furniture.
eCommerce revenue development in the Homeware market in Laos
eCommerce revenue growth in the Homeware market in Laos
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 83.7 | 97.6 | 18.4 | 34.6 | 48.6 | 58.8 | 21.7 | 70.0 | ||||
as of Furniture & Homeware (in %) | 27.6 | 28.4 | 26.9 | 30.6 | 30.7 | 32.3 | 33.1 | 34.0 | 34.8 | 35.5 | 36.3 | 37.0 |
Market definition
Definition of the Homeware market within the Furniture & Homeware market
Market definition: Furniture & Homeware > Homeware The category Homeware covers the sale of lamps (e.g. indoor lamps, outdoor lanmps), tableware (e.g. dishes, cutlery), decorations (e.g. table linens, wall art), and more. This category does not cover furniture, interior finishes (e.g. floorings, paints, wallpapers) or interior design services. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Lamps (e.g. Indoor lamps, outdoor lanmps)
- Tableware (e.g. dishes, cutlery)
- Decorations (e.g. table linens, wall art)
- Carpets (e.g. shag carpets, area rugs, runner rugs)
- Curtains and blinds (e.g. drapes, valances, roller blinds)
- Beddings (e.g. bed sheets, pillowcases)
Out-of-scope
- Furniture
- Interior finishes (e.g. floorings, paints, wallpapers)
- Interior design services
Market comparison
The Lao Homeware market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select sub-category
- Beds *
- Chairs *
- Mattresses *
- Other Home & Living Furniture *
- Home Office & Workplace Furniture *
- Bath Furniture *
- Kitchen Furniture *
- Other Furniture *
- Bedding *
- Carpets *
- Curtains & Blinds *
- Decorations *
- Tableware *
- Other Homeware *
* Not available for the selected country