Hobby & Leisure market in Mexico

Market development

eCommerce revenue development in the Hunting & Weapons market in Mexico

The Mexican Hunting & Weapons eCommerce market is predicted to reach US$41.5 million by 2024 and accounts for 6.5% of the Individual Sports eCommerce market in Mexico. 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 22.3%, resulting in a projected market volume of US$93.0 million by 2028. The Hunting & Weapons eCommerce market is a sub-market of the Individual Sports market. Further categories within the Individual Sports market are: Bicycles, Fishing Equipment, Fitness Equipment, and Other Individual Sports.

eCommerce revenue development in the Hunting & Weapons market in Mexico

in million US$

eCommerce revenue growth in the Hunting & Weapons market in Mexico

in %

Net eCommerce revenue split by sub-category

in %
20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)75.31.127.653.926.593.794.536.4

Online share

eCommerce online share of the total Hunting & Weapons market in Mexico

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 Mexican Hunting & Weapons retail market, the online share is 12.8% and will increase by an average of 2.8% to 14.3% by 2028.

eCommerce online share of the total Hunting & Weapons market in Mexico

in %
20202021202220232024202520262027
Online share (in %)67.5%75.5%72.2%50.1%26.2%72.7%80.1%57.7%

Market definition

Definition of the Hunting & Weapons market within the Hobby & Leisure market

Market definition: Hobby & Leisure > Sports Equipment > Individual Sports > Hunting & Weapons The category Hunting & Weapons includes the online trade of hunting rifles and gear (e.g. hunting weapons, ammunition, hunting blinds), archery equipment (e.g. bows, arrows, crossbows) and firearms and gear (e.g. gun cases, storage solutions, holsters, slings, shooting glasses, ammunition). This category does not cover tree stands and scent attractants. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Hunting rifles and gear (e.g. hunting weapons, ammunition, hunting blinds)
  • Archery equipment (e.g. bows, arrows, crossbows)
  • Firearms and gear (e.g. gun cases, storage solutions, holsters, slings, shooting glasses, ammunition)

Out-of-scope

  • Tree stands
  • Scent attractants