eCommerce: Market Revenue Development
Hobby & Leisure eCommerce Revenue Development in Germany
How is the German Hobby & Leisure eCommerce market revenue projected to evolve from 2024 to 2027? Explore the forecasted growth in this sector.
Article by Patrick Nowak | September 04, 2024Download
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Hobby & Leisure eCommerce Revenue Development in Germany
How Is Germany's Hobby & Leisure eCommerce Revenue Trending from 2017 to 2027?
The German Hobby & Leisure eCommerce market has shown a consistent pattern of growth over the years, as evidenced by the revenue data from 2017 to 2027. In 2017, the market generated US$16.6 billion in revenue, which increased to US$19.0 billion in 2018 and further to US$19.9 billion in 2019. The year 2020 marked a significant milestone with revenue reaching US$23.9 billion, indicating a substantial growth trajectory. This positive trend continued in the subsequent years, with revenue climbing to US$28.9 billion in 2021. However, there was a slight decrease in revenue in 2022, dropping to US$25.3 billion, before rebounding to US$26.2 billion in 2023. Looking ahead, forecasts predict a steady increase in revenue, with projections of US$26.4 billion in 2024, US$27.4 billion in 2025, US$28.4 billion in 2026, and US$29.4 billion in 2027. This data highlights the resilience and growth potential of the German Hobby & Leisure eCommerce market, positioning it as a key player in the global digital economy.
Main Facts: eCommerce Revenue Growth in the German Hobby & Leisure Market, 2017-2027
- Consistent Growth Trajectory: The German Hobby & Leisure eCommerce market has shown steady growth over the years, with revenue increasing from US$16.6 billion in 2017 to US$29.4 billion in 2027.
- Market Fluctuations: Despite a slight decrease in revenue from 2021 to 2022, the market is forecasted to rebound and continue its upward trend, reaching US$28.4 billion in 2026 and US$29.4 billion in 2027.
- Strong Market Potential: The German Hobby & Leisure eCommerce sector demonstrates a promising outlook, reflecting the increasing popularity of online shopping in this category.
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