Hobby & Leisure market in Serbia
The Serbian Hobby & Leisure eCommerce market is predicted to reach US$251.4 million by 2024 and accounts for 26.9% of the total eCommerce market in Serbia. 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 10.7%, resulting in a projected market volume of US$376.8 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 market in Serbia
The Serbian Books eCommerce market is predicted to reach US$44.3 million by 2024 and accounts for 83.3% of the Books, eBooks & Audiobooks eCommerce market in Serbia. 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 6.9%, resulting in a projected market volume of US$57.8 million by 2028. The Books eCommerce market is a sub-market of the Books, eBooks & Audiobooks market. Further categories within the Books, eBooks & Audiobooks market are: Audiobooks, and eBooks.
eCommerce revenue development in the Books market in Serbia
eCommerce revenue growth in the Books market in Serbia
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 54.5 | 16.5 | 46.7 | 41.2 | 90.2 | 94.4 | 78.3 | 81.4 |
Market definition
Definition of the Books market within the Hobby & Leisure market
Market definition: Hobby & Leisure > Media > Books, eBooks & Audiobooks > Books The category Books includes the online trade of books (e.g. novels, trade literature, children's books, comics). This category does not cover ebooks and audiobooks. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Books (e.g. novels, trade literature, children's books, comics)
Out-of-scope
- eBooks
- Audiobooks
Market comparison
The Serbian Books market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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