Hobby & Leisure market in Saudi Arabia
The Saudi Arabian Hobby & Leisure eCommerce market is predicted to reach US$3,348.4 million by 2024 and accounts for 23.6% of the total eCommerce market in Saudi Arabia. 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 13.5%, resulting in a projected market volume of US$5,561.6 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.
Monthly revenues
Monthly eCommerce revenues in the Saudi Arabian Musical Instruments market
The monthly eCommerce revenue of the Saudi Arabian Musical Instruments market was US$9 million in October 2024. This refers to a growth of -6.8% compared to September 2024. Within the last 12 months, the monthly revenue share was the highest in March 2024 with 9.7% of the total 2024 revenue of the Saudi Arabian Musical Instruments market and the lowest in July 2024 with 7.9% of the total 2024 revenue.
Revenue Last Month
US$8.9m
The eCommerce revenue fell by 6.8% from September 2024 to October 2024.
Monthly revenue shares in the last 12 months
0-2024 | 1-2024 | 2-2024 | 3-2024 | 4-2024 | 5-2024 | 6-2024 | 7-2024 | 8-2024 | 9-2024 | 10-2024 | 11-2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Monthly revenue share (in %) | 23.4 | 22.7 | 82.4 | 53.6 | 13.4 | 70.1 | 95.2 | 51.1 | 81.5 | 93.8 | 71.7 | 78.2 |
Market development
eCommerce revenue development in the Musical Instruments market in Saudi Arabia
The Saudi Arabian Musical Instruments eCommerce market is predicted to reach US$110.8 million by 2024 and accounts for 3.3% of the Hobby & Leisure eCommerce market in Saudi Arabia. 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 11.8%, resulting in a projected market volume of US$173.1 million by 2028. The Musical Instruments eCommerce market is a sub-market of the Hobby & Leisure market. Further categories within the Hobby & Leisure market are: Bullion & Precious Metal, Camping & Adventure, Erotic & Adult, Flowers & Gifts, Media, Other Hobby & Leisure, Pet Supplies, Smoking Supplies, Sports Equipment, Stationery, Crafts & Art Supplies, and Toys.
eCommerce revenue development in the Musical Instruments market in Saudi Arabia
eCommerce revenue growth in the Musical Instruments market in Saudi Arabia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 49.5 | 53.9 | 15.4 | 34.9 | 28.9 | 96.1 | 23.1 | 9.5 |
Top stores
Top five Musical Instruments online stores in Saudi Arabia by net sales 2023
With sales in the Saudi Arabian Musical Instruments market, amazon.sa generated a revenue of US$2.8 million in 2023, which means it is the leading online store in this market. The Musical Instruments ranking of Saudi Arabia is based on all online stores that generated sales in this market in 2023. Due to a country- and category-dependent approach, both national and international online stores can be part of the ranking. The graph shows a filtered revenue. It only includes national sales within the respective market.
eCommerce net sales generated in the Musical Instruments market in Saudi Arabia in 2023
Filtered revenue / share eCommerce net sales refer to the year 2023 | Global revenue eCommerce net sales refer to the year 2023 | Growth eCommerce net sales growth refers to 2023/2022 | |
---|---|---|---|
US$900.0m 20.7% | US$8,300.0m | 8.3% | |
US$550.0m 12.0% | US$4,600.0m | 12.4% | |
US$470.0m 3.9% | US$1,190.0m | 33.6% | |
US$430.0m 20.6% | US$2,122.0m | 18.0% | |
US$370.0m 20.7% | US$1,814.0m | 12.6% |
Market definition
Definition of the Musical Instruments market within the Hobby & Leisure market
Market definition: Hobby & Leisure > Musical Instruments The category Musical Instruments covers the sale of guitars, keyboards and pianos, drums and percussions, and more. This category does not cover music software and technology, instrument maintenance and repair or music lessons and educational resources. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Guitars
- Keyboards and pianos
- Drums and percussions
- Wind instruments
- String instruments
- Electronic instruments
- DJ equipment
- Amplifiers and effects
Out-of-scope
- Music software and technology
- Instrument maintenance and repair
- Music lessons and educational resources
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