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? Explore the growth trajectory in this insightful article.
Article by Patrick Nowak | September 04, 2024Download
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Hobby & 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 significant growth trajectory from 2017 to 2027. In 2017, the revenue stood at US$8.3 billion, marking the starting point of this upward trend. The following years saw a consistent increase, with 2018 reaching US$9.7 billion and 2019 climbing to US$10.1 billion. The most notable surge occurred in 2020 when revenue skyrocketed to US$16.1 billion, indicating a substantial shift in consumer preferences and market dynamics. This growth momentum continued in the subsequent years, with 2021 nearly doubling the revenue to US$18.6 billion. Despite a slight decrease to US$15.2 billion in 2022, the market quickly rebounded, reaching US$15.8 billion in 2023. Looking ahead, forecasts predict a steady rise in revenue, with projections of US$17.3 billion in 2024, US$18.8 billion in 2025, US$20.0 billion in 2026, and US$21.1 billion in 2027. This data showcases the resilience and potential of the French Hobby & Leisure eCommerce market, highlighting a promising future for the industry.
Main Facts: eCommerce Revenue Surge in French Hobby & Leisure Market, 2017-2027
- Steady Growth Trend: The French Hobby & Leisure eCommerce market experienced consistent growth from US$8.3 billion in 2017 to US$18.6 billion in 2021, showcasing a positive upward trajectory.
- Temporary Decline in 2022: Despite reaching US$15.2 billion in 2022, a slight decrease to US$15.8 billion in 2023 is expected to be followed by a forecasted increase to US$21.1 billion by 2027.
- Continued Expansion: The market is projected to continue expanding, with eCommerce revenue in the French Hobby & Leisure sector expected to reach US$20.0 billion in 2026 and US$21.1 billion in 2027, indicating sustained growth.
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