Hobby & Leisure market in Montenegro
The Montenegrin Hobby & Leisure eCommerce market is predicted to reach US$27.1 million by 2024 and accounts for 26.4% of the total eCommerce market in Montenegro. 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 8.8%, resulting in a projected market volume of US$38.0 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 Books, eBooks & Audiobooks market in Montenegro
The Montenegrin Books, eBooks & Audiobooks eCommerce market is predicted to reach US$5.7 million by 2024 and accounts for 68.4% of the Media eCommerce market in Montenegro. 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 5.3%, resulting in a projected market volume of US$7.0 million by 2028. The Books, eBooks & Audiobooks eCommerce market is a sub-market of the Media market. Further categories within the Media market are: Other Media, and Video, CDs, Vinyl & Downloads.
eCommerce revenue development in the Books, eBooks & Audiobooks market in Montenegro
eCommerce revenue growth in the Books, eBooks & Audiobooks market in Montenegro
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 49.1 | 84.9 | 8.9 | 98.3 | 91.5 | 26.2 | 36.0 | 59.6 | ||||
as of Media (in %) | 4.7 | 4.7 | 4.4 | 4.2 | 4.2 | 4.4 | 4.4 | 4.3 | 4.3 | 4.2 | 4.1 | 4.1 |
Market definition
Definition of the Books, eBooks & Audiobooks market within the Hobby & Leisure market
Market definition: Hobby & Leisure > Media > Books, eBooks & Audiobooks The category Books, eBooks & Audiobooks includes the online trade of books (e.g. novels, trade literature), ebooks (e.g. fiction ebooks, educational and textbook ebooks) and audiobooks (e.g. fiction audiobooks, novel audiobooks). This category does not cover ebook reader. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Books (e.g. novels, trade literature)
- eBooks (e.g. fiction eBooks, educational and textbook eBooks)
- Audiobooks (e.g. fiction audiobooks, novel audiobooks)
Out-of-scope
- eBook reader
Market comparison
The Montenegrin Books, eBooks & Audiobooks market in a global comparison
Market comparison by growth, online share, and revenue in 2023
Select sub-category
- Bird Supplies *
- Fish Supplies *
- Other Pet Supplies *
* Not available for the selected country