Hobby & Leisure market in Montenegro
The Montenegrin Hobby & Leisure eCommerce market is predicted to reach US$28.5 million by 2024 and accounts for 26.6% of the total eCommerce market in Montenegro. 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 8.9%, resulting in a projected market volume of US$40.1 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.
Market development
eCommerce revenue development in the Video, CDs, Vinyl & Downloads market in Montenegro
The Montenegrin Video, CDs, Vinyl & Downloads eCommerce market is predicted to reach US$2.5 million by 2024 and accounts for 28.4% of the Media eCommerce market in Montenegro. 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 8.3%, resulting in a projected market volume of US$3.4 million by 2028. The Video, CDs, Vinyl & Downloads eCommerce market is a sub-market of the Media market. Further categories within the Media market are: Books, eBooks & Audiobooks, and Other Media.
eCommerce revenue development in the Video, CDs, Vinyl & Downloads market in Montenegro
eCommerce revenue growth in the Video, CDs, Vinyl & Downloads market in Montenegro
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 23.6 | 71.9 | 32.3 | 70.0 | 15.7 | 46.6 | 19.3 | 59.1 |
Market definition
Definition of the Video, CDs, Vinyl & Downloads market within the Hobby & Leisure market
Market definition: Hobby & Leisure > Media > Video, CDs, Vinyl & Downloads The category Video, CDs, Vinyl & Downloads includes the online trade of dvds, blu-rays, cds, and more. This category does not cover music streaming services and video streaming services. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- DVDs
- Blu-Rays
- CDs
- Vinyl
- MP3s
Out-of-scope
- Music streaming services
- Video streaming services
Market comparison
The Montenegrin Video, CDs, Vinyl & Downloads market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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