Hobby & Leisure market in Peru

The Peruvian Hobby & Leisure eCommerce market is predicted to reach US$1,319.6 million by 2024 and accounts for 20.8% of the total eCommerce market in Peru. 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 17.1%, resulting in a projected market volume of US$2,477.9 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 Individual Sports market in Peru

The Peruvian Individual Sports eCommerce market is predicted to reach US$151.0 million by 2024 and accounts for 60.2% of the Sports Equipment eCommerce market in Peru. 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 16.0%, resulting in a projected market volume of US$273.8 million by 2028. The Individual Sports eCommerce market is a sub-market of the Sports Equipment market. Further categories within the Sports Equipment market are: Team Sports.

eCommerce revenue development in the Individual Sports market in Peru

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 Individual Sports market in Peru

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

201720182019202020212022202320242025202620272028
Revenue (in mUS$)0.00.00.00.00.00.00.00.0
Growth (in %)24.557.369.315.475.528.781.012.6
as of Sports Equipment (in %)5.05.35.85.55.35.55.65.85.96.06.16.2

Online share

eCommerce online share of the total Individual Sports market in Peru

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 Peruvian Individual Sports retail market, the online share is 12.3% and will increase by an average of 4.0% to 14.4% by 2028.

eCommerce online share of the total Individual Sports market in Peru

in %

Note: Data shown is using current exchange rates.

Source: Statista Market Insights , ECDB analysis

20202021202220232024202520262027
Online share (in %)52.4%80.7%92.8%40.5%48.1%16.9%100.0%85.3%

Market definition

Definition of the Individual Sports market within the Hobby & Leisure market

Market definition: Hobby & Leisure > Sports Equipment > Individual Sports The category Individual Sports includes the online trade of bicycles (e.g. road bikes, mountain bikes, bike accessories), hunting and weapons (e.g. hunting rifles, firearms, ammunition), fishing equipment (e.g. fishing rods, fishing reels, fishing lines) and fitness equipment (e.g. exercise machines, strength training equipment). This category does not cover activewear (e.g. joggers, tights, tricots), non-sport-specific footwear (e.g. running shoes, tennis shoes, basketball shoes) or non-sport-specific accessories (e.g. gym bags, water bottles, sporty hats and caps). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Bicycles (e.g. road bikes, mountain bikes, bike accessories)
  • Hunting and weapons (e.g. hunting rifles, firearms, ammunition)Fishing equipment (e.g. fishing rods, fishing reels, fishing lines)
  • Fitness equipment (e.g. exercise machines, strength training equipment)

Out-of-scope

  • Activewear (e.g. joggers, tights, tricots)
  • Non-sport specific footwear (e.g. running shoes, tennis shoes, basketball shoes)
  • Non-sport specific accessories (e.g. gym bags, water bottles, sporty hats and caps)
  • Fitness trackers

Market comparison

The Peruvian Individual Sports market in a global comparison

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

in %

Source: ECDB analysis