Hobby & Leisure eCommerce Revenue Development in Germany

How Is Germany's Hobby & Leisure eCommerce Revenue Trending from 2017 to 2027?

The German Hobby & Leisure eCommerce market has shown a consistent pattern of growth over the period from 2017 to 2027. In 2017, the revenue stood at US$16.7 billion, marking the starting point of this upward trajectory. Subsequent years saw a steady increase, with 2018 reaching US$19.1 billion and 2019 climbing to US$20.0 billion. The most significant leap occurred in 2020 when revenue surged to US$23.7 billion, indicating a substantial shift in consumer preferences towards online shopping within this category. The growth trend continued in the following years, with 2021 witnessing a substantial increase to US$28.9 billion. Despite a slight decrease in 2022 to US$26.9 billion, the market rebounded in 2023 with revenues reaching US$27.5 billion. Looking ahead, forecasts predict a continued growth trajectory, with revenues expected to reach US$28.8 billion in 2024, US$29.9 billion in 2025, US$31.0 billion in 2026, and US$32.0 billion in 2027. This data underscores the resilience and potential for expansion within the German Hobby & Leisure eCommerce market, highlighting opportunities for businesses and investors in this sector.

Main Facts: Steady Growth in German Hobby & Leisure eCommerce Revenue, 2017-2027

• Consistent Growth Trajectory: The German Hobby & Leisure eCommerce market has shown steady growth over the years, with revenue increasing from US$16.7 billion in 2017 to US$32.0 billion in 2027.
• Peak in 2021: The market experienced a significant surge in revenue in 2021, reaching US$28.9 billion, marking a notable peak in the industry.
• Forecasted Growth: Despite a slight dip in revenue in 2022 and 2023, the market is projected to continue its upward trend, with revenue expected to reach US$32.0 billion by 2027.