Hobby & Leisure market in Cyprus
The Cypriot Hobby & Leisure eCommerce market is predicted to reach US$259.3 million by 2024 and accounts for 26.5% of the total eCommerce market in Cyprus. 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 15.2%, resulting in a projected market volume of US$456.3 million by 2028. Within the Hobby & Leisure market ECDB considers the following twelve sub-markets: Media, Sports Equipment, Pet Supplies, Toys, Stationery, Crafts & Art Supplies, Bullion & Precious Metal, Camping & Adventure, Musical Instruments, Flowers & Gifts, Other Hobby & Leisure, Erotic & Adult, and Smoking Supplies.
Market development
eCommerce revenue development in the Audiobooks market in Cyprus
The Cypriot Audiobooks eCommerce market is predicted to reach US$2.5 million by 2024 and accounts for 4.4% of the Books, eBooks & Audiobooks eCommerce market in Cyprus. 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 9.9%, resulting in a projected market volume of US$3.6 million by 2028. The Audiobooks eCommerce market is a sub-market of the Books, eBooks & Audiobooks market. Further categories within the Books, eBooks & Audiobooks market are: Books, and eBooks.
eCommerce revenue development in the Audiobooks market in Cyprus
eCommerce revenue growth in the Audiobooks market in Cyprus
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 70.6 | 62.1 | 59.9 | 67.0 | 87.0 | 99.3 | 4.1 | 47.5 |
Market definition
Definition of the Audiobooks market within the Hobby & Leisure market
Market definition: Hobby & Leisure > Media > Books, eBooks & Audiobooks > Audiobooks The category Audiobooks includes the online trade of audiobooks (e.g. fiction audiobooks, educational and textbook audiobooks, novel audiobooks). This category does not cover books and ebooks. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Audiobooks (e.g. fiction audiobooks, educational and textbook audiobooks, novel audiobooks)
Out-of-scope
- Books
- eBooks
Market comparison
The Cypriot Audiobooks market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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