Hobby & Leisure market in Nigeria

The Nigerian Hobby & Leisure eCommerce market is predicted to reach US$647.1 million by 2024 and accounts for 24.1% 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 2024-2028) will be 16.8%, resulting in a projected market volume of US$1,204.0 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, Erotic & Adult, and Smoking Supplies.

Market development

eCommerce revenue development in the Video, CDs, Vinyl & Downloads market in Nigeria

The Nigerian Video, CDs, Vinyl & Downloads eCommerce market is predicted to reach US$39.8 million by 2024 and accounts for 23.1% of the Media 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 16.9%, resulting in a projected market volume of US$74.5 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 Nigeria

in million US$

eCommerce revenue growth in the Video, CDs, Vinyl & Downloads market in Nigeria

in %

Net eCommerce revenue split by sub-category

in %
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 %) 22.0 12.6 75.7 35.2 22.5 93.3 14.4 30.3

Online share

eCommerce online share of the total Video, CDs, Vinyl & Downloads 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 Video, CDs, Vinyl & Downloads retail market, the online share is 3.3% and will increase by an average of 11.9% to 5.2% by 2028.

eCommerce online share of the total Video, CDs, Vinyl & Downloads market in Nigeria

in %
2020 2021 2022 2023 2024 2025 2026 2027
Online share (in %) 52.3% 42.5% 71.1% 15.7% 23.3% 27.0% 26.5% 16.9%

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