Electronics market in Mongolia
The Mongolian Electronics eCommerce market is predicted to reach US$65.3 million by 2024 and accounts for 23.4% 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 24.2%, resulting in a projected market volume of US$155.6 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.
Market development
eCommerce revenue development in the Washing Machines market in Mongolia
The Mongolian Washing Machines eCommerce market is predicted to reach US$4.1 million by 2024 and accounts for 22.7% of the Household Appliances 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 25.9%, resulting in a projected market volume of US$10.3 million by 2028. The Washing Machines eCommerce market is a sub-market of the Household Appliances market. Further categories within the Household Appliances market are: Cookers & Ovens, Dishwashers, Other Household Appliances, Refrigerators, Small Kitchen Appliances, and Vacuum Cleaners.
eCommerce revenue development in the Washing Machines market in Mongolia
eCommerce revenue growth in the Washing Machines market in Mongolia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 90.0 | 51.7 | 4.1 | 0.6 | 14.2 | 44.6 | 73.2 | 78.2 |
Market definition
Definition of the Washing Machines market within the Electronics market
Market definition: Electronics > Electrical Appliances > Household Appliances > Washing Machines The category Washing Machines includes the online trade of front-loading washing machines, top-loading washing machines, washer-dryer combos, and more. This category does not cover dryers and commercial and industrial washing machines. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Front-loading washing machines
- Top-loading washing machines
- Washer-dryer combos
- Steam washing machines
Out-of-scope
- Dryers
- Commercial and industrial washing machines
Market comparison
The Mongolian Washing Machines market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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- Headphones *
- Hifi Equipment *
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