Hobby & Leisure market in South Korea

The South Korean Hobby & Leisure eCommerce market is predicted to reach US$12,092.0 million by 2024 and accounts for 8.7% of the total eCommerce market in South Korea. It is expected to decrease over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be -0.6%, resulting in a projected market volume of US$11,804.7 million by 2028. Within the Hobby & Leisure market ECDB considers the following twelve sub-markets: Media, Sports Equipment, Stationery, Crafts & Art Supplies, Pet Supplies, Toys, Bullion & Precious Metal, Camping & Adventure, Musical Instruments, Flowers & Gifts, Other Hobby & Leisure, Erotic & Adult, and Smoking Supplies.

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 South Korean Hobby & Leisure retail market, the online share is 26.5% and will increase by an average of 1.2% to 27.8% by 2028.

With sales in the South Korean Hobby & Leisure market, coupang.com generated a revenue of US$3,801.0 million in 2023, which means it is the leading online store in this market. The Hobby & Leisure ranking of South Korea 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.