Toys, Hobby & DIY market in Nigeria
The Nigerian Toys, Hobby & DIY eCommerce market is predicted to reach US$766.7 million by 2023 and accounts for 10.1% 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 2023-2027) will be 7.7%, resulting in a projected market volume of US$1,031.1 million by 2027. Within the Toys, Hobby & DIY market ecommerceDB considers the following four sub-markets: Toys & Baby, Hobby & Stationery, DIY, Garden & Pets, and Sports & Outdoor.
Market development
eCommerce revenue development in the Parts & Accessories of Musical Instruments market in Nigeria
The Nigerian Parts & Accessories of Musical Instruments eCommerce market is predicted to reach US$12.4 million by 2023 and accounts for 47.2% of the Musical Instruments 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 2023-2027) will be 2.5%, resulting in a projected market volume of US$13.7 million by 2027. The Parts & Accessories of Musical Instruments eCommerce market is a sub-market of the Musical Instruments market. Further categories within the Musical Instruments market are: Acoustic Pianos & Stringed Keyboard Instruments, Electronic & Electromechanical Musical Instruments, Percussion Instruments, String Instruments, and Wind Instruments.
eCommerce revenue development in the Parts & Accessories of Musical Instruments market in Nigeria
Note: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war
Source: Statista Market Insights, ecommerceDB
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 90.5 | 2.5 | 54.9 | 0.2 | 88.4 | 56.5 | 94.1 | 35.5 |
| AOV (in US$) | 58.7 | 97.4 | 29.4 | 33.1 | 17.1 | 88.0 | 68.1 | 53.1 |
| CVR (in %) | 90.5 | 2.5 | 54.9 | 0.2 | 88.4 | 56.5 | 94.1 | 35.5 |
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- Other DIY, Garden & Pets *
- Pet Food *
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- Drones *
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- Acoustic Pianos & Stringed Keyboard Instruments *
- Percussion Instruments *
- Wind Instruments *
- Tobacco Products *
- Cigarettes *
- Cigars *
- E-Cigarettes *
- Smoking Tobacco *
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- Winter Sports Equipment *
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- Baby & Child Skin Care *
- Baby Diapers *
- Baby Food *
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* Not available for the selected country