Furniture & Homeware market in Mongolia
The Mongolian Furniture & Homeware eCommerce market is predicted to reach US$32.6 million by 2024 and accounts for 11.7% of the total eCommerce market in Mongolia. 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 28.5%, resulting in a projected market volume of US$89.0 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 Outdoor Furniture market in Mongolia
The Mongolian Outdoor Furniture eCommerce market is predicted to reach US$2.3 million by 2024 and accounts for 11.2% of the Furniture eCommerce market in Mongolia. 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 27.9%, resulting in a projected market volume of US$6.3 million by 2028. The Outdoor Furniture eCommerce market is a sub-market of the Furniture market. Further categories within the Furniture market are: Home & Living, Home Office & Workplace Furniture, Kitchen & Bath, and Other Furniture.
eCommerce revenue development in the Outdoor Furniture market in Mongolia
eCommerce revenue growth in the Outdoor Furniture market in Mongolia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 99.5 | 76.5 | 72.2 | 22.1 | 0.3 | 59.5 | 71.3 | 96.9 |
Market definition
Definition of the Outdoor Furniture market within the Furniture & Homeware market
Market definition: Furniture & Homeware > Furniture > Outdoor Furniture The category Outdoor Furniture includes the online trade of patio dining sets, outdoor seating sets, outdoor chairs, and more. This category does not cover barbecues and grills, outdoor play furniture or outdoor lights. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Patio dining sets
- Outdoor seating sets
- Outdoor chairs
- Outdoor tables
- Outdoor benches
- Outdoor loungers
- Outdoor umbrellas and shade solutions
- Outdoor storage
Out-of-scope
- Barbecues and grills
- Outdoor play furniture
- Outdoor lights
- Outdoor cushions and pillows
- Outdoor rugs
Market comparison
The Mongolian Outdoor Furniture market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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- Other Home & Living Furniture *
- Curtains & Blinds *
- Tableware *
- Other Homeware *
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