Hobby & Leisure market in Nigeria

The Nigerian Hobby & Leisure eCommerce market is predicted to reach US$595.4 million by 2024 and accounts for 23.5% of the total eCommerce market in Nigeria. 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 16.4%, resulting in a projected market volume of US$1,094.5 million by 2028. Within the Hobby & Leisure market ECDB considers the following twelve sub-markets: Media, Sports Equipment, Pet Supplies, Stationery, Crafts & Art Supplies, Toys, Bullion & Precious Metal, Camping & Adventure, Musical Instruments, Flowers & Gifts, Other Hobby & Leisure, Smoking Supplies, and Erotic & Adult.

Market development

eCommerce revenue development in the Fish Supplies market in Nigeria

The Nigerian Fish Supplies eCommerce market is predicted to reach US$4.1 million by 2024 and accounts for 5.5% of the Pet Supplies eCommerce market in Nigeria. 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 17.8%, resulting in a projected market volume of US$7.8 million by 2028. The Fish Supplies eCommerce market is a sub-market of the Pet Supplies market. Further categories within the Pet Supplies market are: Bird Supplies, Cat Supplies, Dog Supplies, Horse Supplies, and Other Pet Supplies.

eCommerce revenue development in the Fish Supplies market in Nigeria

in million US$

Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.

Source: ECDB analysis

eCommerce revenue growth in the Fish Supplies market in Nigeria

in %

Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.

Source: ECDB analysis

Net eCommerce revenue split by sub-category

in %

Note: Data shown is using current exchange rates.

Source: ECDB analysis

20202021202220232024202520262027
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)34.957.491.815.072.947.786.085.8

Online share

eCommerce online share of the total Fish Supplies market in Nigeria

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 Nigerian Fish Supplies retail market, the online share is 0.6% and will increase by an average of 11.7% to 1.0% by 2028.

eCommerce online share of the total Fish Supplies market in Nigeria

in %

Note: Data shown is using current exchange rates.

Source: Statista Market Insights , ECDB analysis

20202021202220232024202520262027
Online share (in %)31.1%59.1%22.1%20.2%79.5%41.8%29.7%25.3%

Market definition

Definition of the Fish Supplies market within the Hobby & Leisure market

Market definition: Hobby & Leisure > Pet Supplies > Fish Supplies The category Fish Supplies includes the online trade of fish food, aquariums and tanks, aquarium decorations, and more. This category does not cover fishing equipment. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Fish food
  • Aquariums and tanks
  • Aquarium decorations
  • Aquarium and tank filtration systems
  • Heating and cooling equipment

Out-of-scope

  • Fishing equipment

Market comparison

The Nigerian Fish Supplies market in a global comparison

Market comparison by growth, online share, and revenue in 2023

in %

Source: ECDB analysis

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