Toys, Hobby & DIY market in Nicaragua

The Nicaraguan Toys, Hobby & DIY eCommerce market is predicted to reach US$35.3 million by 2023 and accounts for 5.5% of the total eCommerce market in Nicaragua. 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 10.7%, resulting in a projected market volume of US$53.1 million by 2027. Within the Toys, Hobby & DIY market ecommerceDB considers the following four sub-markets: Toys & Baby, Hobby & Stationery, Sports & Outdoor, and DIY, Garden & Pets.

Market development

eCommerce revenue development in the Dolls & Stuffed Toys market in Nicaragua

The Nicaraguan Dolls & Stuffed Toys eCommerce market is predicted to reach US$2.3 million by 2023 and accounts for 22.0% of the Toys eCommerce market in Nicaragua. 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 14.5%, resulting in a projected market volume of US$3.9 million by 2027. The Dolls & Stuffed Toys eCommerce market is a sub-market of the Toys market. Further categories within the Toys market are: Card Games, Plastic & Other Toys, Puzzles, and Toys for Toddlers & Kids.

eCommerce revenue development in the Dolls & Stuffed Toys market in Nicaragua

in million US$, in %

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 66.9 33.1 1.3 41.1 66.4 39.2 82.4 84.1
AOV (in US$) 96.9 7.4 29.4 3.7 80.8 40.2 7.0 38.9
CVR (in %) 66.9 33.1 1.3 41.1 66.4 39.2 82.4 84.1
AOV: Average Order Value CVR: Conversion Rate

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