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 Parts & Accessories of Musical Instruments market

The global Parts & Accessories of Musical Instruments eCommerce market is expected to increase over the next years. It is predicted to reach US$5,168.9 million by 2023 and the expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 7.7%. The Parts & Accessories of Musical Instruments eCommerce market is a sub-market of the Musical Instruments market and accounts for 47.1% within this market. Further categories within the Musical Instruments market are: Acoustic Pianos & Stringed Keyboard Instruments, Electronic & Electromechanical Musical Instruments, Percussion Instruments, String Instruments, and Wind Instruments.

eCommerce revenue development in the global Parts & Accessories of 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$) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Growth (in %) 53.8 18.9 12.0 66.8 95.9 59.7 65.3 98.4
AOV (in US$) 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