Toys, Hobby & DIY market in Sweden

The Swedish Toys, Hobby & DIY eCommerce market is predicted to reach US$2,421.1 million by 2023 and accounts for 14.8% of the total eCommerce market in Sweden. 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 7.7%, resulting in a projected market volume of US$3,263.4 million by 2027. Within the Toys, Hobby & DIY market ecommerceDB considers the following four sub-markets: DIY, Garden & Pets, Hobby & Stationery, Sports & Outdoor, and Toys & Baby.

Market development

eCommerce revenue development in the Electronic & Electromechanical Musical Instruments market in Sweden

The Swedish Electronic & Electromechanical Musical Instruments eCommerce market is predicted to reach US$9.3 million by 2023 and accounts for 42.3% of the Musical Instruments eCommerce market in Sweden. 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 11.2%, resulting in a projected market volume of US$14.2 million by 2027. The Electronic & Electromechanical Musical Instruments eCommerce market is a sub-market of the Musical Instruments market. Further categories within the Musical Instruments market are: Acoustic Pianos & Stringed Keyboard Instruments, Parts & Accessories of Musical Instruments, Percussion Instruments, String Instruments, and Wind Instruments.

eCommerce revenue development in the Electronic & Electromechanical Musical Instruments market in Sweden

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