Global Toys, Hobby & DIY market

The global Toys, Hobby & DIY eCommerce market is expected to increase over the next years. It is predicted to reach US$784,200.8 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 9.7%. ecommerceDB considers the following four sub-markets within the Toys, Hobby & DIY market: DIY, Garden & Pets, Hobby & Stationery, Toys & Baby, and Sports & Outdoor. DIY, Garden & Pets is the largest sub-market and accounts for 38.9% of the global Toys, Hobby & DIY market.

Market development

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

The global Electronic & Electromechanical Musical Instruments eCommerce market is expected to increase over the next years. It is predicted to reach US$1,986.6 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 8.7%. The Electronic & Electromechanical Musical Instruments eCommerce market is a sub-market of the Musical Instruments market and accounts for 18.1% within this 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 global Electronic & Electromechanical Musical Instruments market

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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 18.6 36.3 80.6 56.6 50.0 86.9 41.8 54.9
AOV (in US$) 46.8 34.0 93.4 93.6 49.7 83.8 81.2 25.7
CVR (in %) 18.6 36.3 80.6 56.6 50.0 86.9 41.8 54.9
AOV: Average Order Value CVR: Conversion Rate