Toys, Hobby & DIY market in Peru

The Peruvian Toys, Hobby & DIY eCommerce market is predicted to reach US$1,383.0 million by 2023 and accounts for 15.9% 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 2023-2027) will be 8.4%, resulting in a projected market volume of US$1,906.5 million by 2027. Within the Toys, Hobby & DIY market ecommerceDB considers the following four sub-markets: DIY, Garden & Pets, Toys & Baby, Hobby & Stationery, and Sports & Outdoor.

Market development

eCommerce revenue development in the Musical Instruments market in Peru

The Peruvian Musical Instruments eCommerce market is predicted to reach US$46.8 million by 2023 and accounts for 17.0% of the Hobby & Stationery 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 2023-2027) will be 6.3%, resulting in a projected market volume of US$59.7 million by 2027. The Musical Instruments eCommerce market is a sub-market of the Hobby & Stationery market. Further categories within the Hobby & Stationery market are: Construction Sets & Models, Drones, Office Furniture, Other Hobby & Stationery, and Tobacco Products.

eCommerce revenue development in the Musical Instruments market in Peru

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 53.8 18.9 12.0 66.8 95.9 59.7 65.3 98.4
AOV (in US$) 25.0 79.2 53.2 8.8 40.1 18.0 53.6 31.9
CVR (in %) 53.8 18.9 12.0 66.8 95.9 59.7 65.3 98.4
AOV: Average Order Value CVR: Conversion Rate

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