Toys, Hobby & DIY market in South Korea

The South Korean Toys, Hobby & DIY eCommerce market is predicted to reach US$13,527.3 million by 2023 and accounts for 13.3% of the total eCommerce market in South Korea. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 2.7%, resulting in a projected market volume of US$15,074.6 million by 2027. Within the Toys, Hobby & DIY market ecommerceDB considers the following four sub-markets: DIY, Garden & Pets, Toys & Baby, Hobby & Stationery, and Sports & Outdoor.

Market development

eCommerce revenue development in the Fishing Articles & Equipment market in South Korea

The South Korean Fishing Articles & Equipment eCommerce market is predicted to reach US$254.4 million by 2023 and accounts for 10.6% of the Sports & Outdoor eCommerce market in South Korea. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 0.8%, resulting in a projected market volume of US$262.6 million by 2027. The Fishing Articles & Equipment eCommerce market is a sub-market of the Sports & Outdoor market. Further categories within the Sports & Outdoor market are: Athletic Footwear, Other Sports & Outdoor, Sports & Swimwear, Summer Sports Equipment, and Winter Sports Equipment.

eCommerce revenue development in the Fishing Articles & Equipment market in South Korea

in million US$, in %

Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war

Source: Statista Market Insights, ecommerceDB

2020 2021 2022 2023 2024 2025 2026 2027
Revenue (in mUS$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 59.2 78.5 32.3 24.6 55.7 12.1 12.6 75.2
AOV (in US$) 13.4 32.7 13.6 2.7 61.4 60.7 95.5 36.8
CVR (in %) 59.2 78.5 32.3 24.6 55.7 12.1 12.6 75.2
AOV: Average Order Value CVR: Conversion Rate

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