eCommerce: Market Revenue Development
Hobby & Leisure eCommerce Revenue Development in France
How is the French Hobby & Leisure eCommerce market revenue projected to evolve from 2017 to 2027? Stay tuned for the insights.
Article by Patrick Nowak | September 04, 2024Hobby & Leisure eCommerce Revenue Development in France
How Is the eCommerce Revenue Developing in the French Hobby & Leisure Market from 2017 to 2027?
The French Hobby & Leisure eCommerce market has shown a steady growth trajectory from 2017 to 2027. In 2017, the revenue stood at US$8.4 billion, which increased to US$10.4 billion in 2018 and further to US$11.2 billion in 2019. The market experienced a significant surge in 2020, reaching US$15.0 billion, indicating a shift in consumer preferences towards online shopping within this category. The growth trend continued in the subsequent years, with revenue reaching US$17.0 billion in 2021. However, there was a slight decrease in 2022 to US$15.2 billion, followed by a marginal increase to US$15.9 billion in 2023. Looking ahead, forecasts predict a positive outlook for the market, with revenues expected to reach US$17.1 billion in 2024, US$18.2 billion in 2025, US$19.3 billion in 2026, and US$20.3 billion in 2027. This data highlights the resilience and potential for growth within the French Hobby & Leisure eCommerce sector, showcasing opportunities for businesses and investors in the coming years.
Main Facts: eCommerce Revenue Growth in the French Hobby & Leisure Market, 2017-2027
- Steady Growth Trend: The French Hobby & Leisure eCommerce market has shown consistent growth from US$8.4 billion in 2017 to US$15.9 billion in 2023, with a forecasted increase to US$20.3 billion by 2027.
- Peak in 2021: The market experienced a peak in revenue in 2021 at US$17.0 billion before a slight decrease in 2022 to US$15.2 billion, followed by a recovery and growth trajectory.
- Continued Expansion: The forecasted revenue growth from 2017 to 2027 indicates a positive outlook for the French Hobby & Leisure eCommerce market, showcasing a resilient and evolving industry.
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