Hobby & Leisure market in Georgia
The Georgian Hobby & Leisure eCommerce market is predicted to reach US$31.3 million by 2024 and accounts for 24.6% of the total eCommerce market in Georgia. 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 19.1%, resulting in a projected market volume of US$63.1 million by 2028. Within the Hobby & Leisure market ECDB considers the following twelve sub-markets: Media, Sports Equipment, Pet Supplies, Toys, Stationery, Crafts & Art Supplies, Bullion & Precious Metal, Camping & Adventure, Musical Instruments, Flowers & Gifts, Other Hobby & Leisure, Erotic & Adult, and Smoking Supplies.
Market development
eCommerce revenue development in the Bullion & Precious Metal market in Georgia
The Georgian Bullion & Precious Metal eCommerce market is predicted to reach US$2.2 million by 2024 and accounts for 7.1% of the Hobby & Leisure eCommerce market in Georgia. 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 29.2%, resulting in a projected market volume of US$6.2 million by 2028. The Bullion & Precious Metal eCommerce market is a sub-market of the Hobby & Leisure market. Further categories within the Hobby & Leisure market are: Camping & Adventure, Erotic & Adult, Flowers & Gifts, Media, Musical Instruments, Other Hobby & Leisure, Pet Supplies, Smoking Supplies, Sports Equipment, Stationery, Crafts & Art Supplies, and Toys.
eCommerce revenue development in the Bullion & Precious Metal market in Georgia
eCommerce revenue growth in the Bullion & Precious Metal market in Georgia
Net eCommerce revenue split by sub-category
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 91.0 | 51.3 | 96.5 | 60.3 | 5.6 | 82.9 | 38.2 | 78.1 |
Market definition
Definition of the Bullion & Precious Metal market within the Hobby & Leisure market
Market definition: Hobby & Leisure > Bullion & Precious Metal In the category Bullion & Precious Metal digital channels are used to sell a variety of products, including bars and coins made out of gold, silver, platinum or palladium and storage solutions. Not part of the category are jewelry and watches and precious metal investment services. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Bars and coins made out of gold, silver, platinum or palladium
- Storage solutions
Out-of-scope
- Jewelry and watches
- Precious metal investment services
Market comparison
The Georgian Bullion & Precious Metal market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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