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 Office Furniture market in South Korea
The South Korean Office Furniture eCommerce market is predicted to reach US$280.0 million by 2023 and accounts for 10.1% of the Hobby & Stationery 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$311.8 million by 2027. The Office Furniture eCommerce market is a sub-market of the Hobby & Stationery market. Further categories within the Hobby & Stationery market are: Construction Sets & Models, Drones, Musical Instruments, Other Hobby & Stationery, and Tobacco Products.
eCommerce revenue development in the Office Furniture market in South Korea
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 80.9 | 87.3 | 32.0 | 32.4 | 73.6 | 37.7 | 0.1 | 75.1 |
| AOV (in US$) | 71.5 | 30.2 | 45.2 | 66.8 | 82.9 | 13.8 | 23.1 | 31.7 |
| CVR (in %) | 80.9 | 87.3 | 32.0 | 32.4 | 73.6 | 37.7 | 0.1 | 75.1 |
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