Hobby & Leisure market in Kuwait

Market development

eCommerce revenue development in the Fishing Equipment market in Kuwait

The Kuwaiti Fishing Equipment eCommerce market is predicted to reach US$3.5 million by 2024 and accounts for 7.4% of the Individual Sports eCommerce market in Kuwait. 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 4.8%, resulting in a projected market volume of US$4.3 million by 2028. The Fishing Equipment eCommerce market is a sub-market of the Individual Sports market. Further categories within the Individual Sports market are: Bicycles, Fitness Equipment, Hunting & Weapons, and Other Individual Sports.

eCommerce revenue development in the Fishing Equipment market in Kuwait

in million US$

eCommerce revenue growth in the Fishing Equipment market in Kuwait

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)59.086.091.529.056.063.516.7100.0

Online share

eCommerce online share of the total Fishing Equipment market in Kuwait

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 Kuwaiti Fishing Equipment retail market, the online share is 13.2% and will increase by an average of 7.9% to 17.9% by 2028.

eCommerce online share of the total Fishing Equipment market in Kuwait

in %
20202021202220232024202520262027
Online share (in %)15.9%86.1%56.3%8.5%12.2%28.8%54.0%69.3%

Market definition

Definition of the Fishing Equipment market within the Hobby & Leisure market

Market definition: Hobby & Leisure > Sports Equipment > Individual Sports > Fishing Equipment The category Fishing Equipment includes the online trade of fishing rods, fishing reels, fishing line, and more. This category does not cover fishing boats and accessories. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Fishing rods
  • Fishing reels
  • Fishing line
  • Fishing lures and baits

Out-of-scope

  • Fishing boats and accessories