Hobby & Leisure market in Hungary

The Hungarian Hobby & Leisure eCommerce market is predicted to reach US$1,123.9 million by 2024 and accounts for 26.7% of the total eCommerce market in Hungary. 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 12.0%, resulting in a projected market volume of US$1,766.7 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.

Monthly revenues

Monthly eCommerce revenues in the Hungarian Media market

The monthly eCommerce revenue of the Hungarian Media market was US$32 million in October 2024. This refers to a growth of 20.5% compared to September 2024. Within the last 12 months, the monthly revenue share was the highest in December 2023 with 11.4% of the total 2023 revenue of the Hungarian Media market and the lowest in February 2024 with 7.1% of the total 2024 revenue.

Revenue Last Month

US$31.9m

The eCommerce revenue grew by 20.5% from September 2024 to October 2024.

10-2024+20.5%

Monthly revenue shares in the last 12 months

in %
0-20241-20242-20243-20244-20245-20246-20247-20248-20249-202410-202411-2024
Revenue (in mUS$)0.00.00.00.00.00.00.00.00.00.00.00.0
Monthly revenue share (in %)51.623.145.897.472.152.886.20.729.198.362.20.5

Market development

eCommerce revenue development in the Media market in Hungary

The Hungarian Media eCommerce market is predicted to reach US$349.9 million by 2024 and accounts for 31.1% of the Hobby & Leisure eCommerce market in Hungary. 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 9.0%, resulting in a projected market volume of US$494.4 million by 2028. The Media eCommerce market is a sub-market of the Hobby & Leisure market. Further categories within the Hobby & Leisure market are: Bullion & Precious Metal, Camping & Adventure, Erotic & Adult, Flowers & Gifts, Musical Instruments, Other Hobby & Leisure, Pet Supplies, Smoking Supplies, Sports Equipment, Stationery, Crafts & Art Supplies, and Toys.

eCommerce revenue development in the Media market in Hungary

in million US$

eCommerce revenue growth in the Media market in Hungary

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)48.958.328.129.475.990.959.49.8

Online share

eCommerce online share of the total Media market in Hungary

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 Hungarian Media retail market, the online share is 8.8% and will increase by an average of 15.8% to 15.8% by 2028.

eCommerce online share of the total Media market in Hungary

in %
20202021202220232024202520262027
Online share (in %)74.4%39.7%29.8%67.8%23.6%3.1%48.8%84.6%

Top stores

Top five Media online stores in Hungary by net sales 2023

With sales in the Hungarian Media market, libri.hu generated a revenue of US$16.8 million in 2023, which means it is the leading online store in this market. The Media ranking of Hungary is based on all online stores that generated sales in this market in 2023. Due to a country- and category-dependent approach, both national and international online stores can be part of the ranking. The graph shows a filtered revenue. It only includes national sales within the respective market.

eCommerce net sales generated in the Media market in Hungary in 2023

in million US$
Filtered revenue / share
Global revenue
Growth
US$900.0m
20.7%
US$8,300.0m8.3%
US$550.0m
12.0%
US$4,600.0m12.4%
US$470.0m
3.9%
US$1,190.0m33.6%
US$430.0m
20.6%
US$2,122.0m18.0%
US$370.0m
20.7%
US$1,814.0m12.6%

Market definition

Definition of the Media market within the Hobby & Leisure market

Market definition: Hobby & Leisure > Media The category Media encompasses the commercial (B2C) sale of books (e.g. novels, thrillers, ebooks, audiobooks), video (e.g. dvds, blu-rays), cds, and more. Not covered are streaming services or subscriptions and ebook readers. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Books (e.g. novels, thrillers, eBooks, audiobooks)
  • Video (e.g. DVDs, Blu-Rays)
  • CDs
  • Vinyl
  • Downloads

Out-of-scope

  • Streaming services or subscriptions
  • eBook readers