Hobby & Leisure market in Guyana

Market development

eCommerce revenue development in the Other Individual Sports market in Guyana

The Guyanese Other Individual Sports eCommerce market is predicted to reach US$0.2 million by 2024 and accounts for 11.3% of the Individual Sports eCommerce market in Guyana. 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 13.4%, resulting in a projected market volume of US$0.4 million by 2028. The Other Individual Sports eCommerce market is a sub-market of the Individual Sports market. Further categories within the Individual Sports market are: Bicycles, Fishing Equipment, Fitness Equipment, and Hunting & Weapons.

eCommerce revenue development in the Other Individual Sports market in Guyana

in million US$

eCommerce revenue growth in the Other Individual Sports market in Guyana

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)51.37.925.895.381.436.669.367.2

Online share

eCommerce online share of the total Other Individual Sports market in Guyana

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Guyanese Other Individual Sports retail market, the online share is 12.1% and will increase by an average of 5.5% to 15.0% by 2028.

eCommerce online share of the total Other Individual Sports market in Guyana

in %
20202021202220232024202520262027
Online share (in %)15.1%81.4%20.5%14.2%83.2%95.7%27.9%85.3%

Market definition

Definition of the Other Individual Sports market within the Hobby & Leisure market

Market definition: Hobby & Leisure > Sports Equipment > Individual Sports > Other Individual Sports The category Other Individual Sports includes the online trade of tennis and racquet sports equipment, golf equipment, water sports equipment, and more. This category does not cover bicycles, hunting and weapons or fishing equipment. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Tennis and racquet sports equipment
  • Golf equipment
  • Water sports equipment
  • Winter sports equipment
  • Skateboarding and rollerblading equipment
  • Climbing and mountaineering equipment
  • Martial arts and combat sports equipment
  • Hiking equipment

Out-of-scope

  • Bicycles
  • Hunting and weapons
  • Fishing equipment
  • Fitness equipment