Furniture & Homeware market in Panama
The Panamanian Furniture & Homeware eCommerce market is predicted to reach US$124.0 million by 2024 and accounts for 11.2% of the total eCommerce market in Panama. 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 8.7%, resulting in a projected market volume of US$173.1 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 Other Furniture market in Panama
The Panamanian Other Furniture eCommerce market is predicted to reach US$2.4 million by 2024 and accounts for 3.1% of the Furniture eCommerce market in Panama. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -0.9%, resulting in a projected market volume of US$2.3 million by 2028. The Other Furniture eCommerce market is a sub-market of the Furniture market. Further categories within the Furniture market are: Home & Living, Home Office & Workplace Furniture, Kitchen & Bath, and Outdoor Furniture.
eCommerce revenue development in the Other Furniture market in Panama
eCommerce revenue growth in the Other Furniture market in Panama
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 57.0 | 33.7 | 36.8 | 31.3 | 5.6 | 34.7 | 43.5 | 88.9 |
Market definition
Definition of the Other Furniture market within the Furniture & Homeware market
Market definition: Furniture & Homeware > Furniture > Other Furniture The category Other Furniture includes the online trade of gaming furniture. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Gaming Furniture
Market comparison
The Panamanian Other Furniture market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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