Hobby & Leisure market in Singapore
The Singapore Hobby & Leisure eCommerce market is predicted to reach US$1,534.9 million by 2024 and accounts for 18.0% of the total eCommerce market in Singapore. 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 11.9%, resulting in a projected market volume of US$2,409.4 million by 2028. Within the Hobby & Leisure market ECDB considers the following twelve sub-markets: Media, Sports Equipment, Stationery, Crafts & Art Supplies, Toys, Pet 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 Hunting & Weapons market in Singapore
The Singapore Hunting & Weapons eCommerce market is predicted to reach US$6.2 million by 2024 and accounts for 4.4% of the Individual Sports eCommerce market in Singapore. 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 13.6%, resulting in a projected market volume of US$10.3 million by 2028. The Hunting & Weapons eCommerce market is a sub-market of the Individual Sports market. Further categories within the Individual Sports market are: Bicycles, Fishing Equipment, Fitness Equipment, and Other Individual Sports.
eCommerce revenue development in the Hunting & Weapons market in Singapore
eCommerce revenue growth in the Hunting & Weapons market in Singapore
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 54.3 | 91.5 | 82.3 | 20.3 | 45.2 | 35.6 | 51.1 | 37.3 |
Market definition
Definition of the Hunting & Weapons market within the Hobby & Leisure market
Market definition: Hobby & Leisure > Sports Equipment > Individual Sports > Hunting & Weapons The category Hunting & Weapons includes the online trade of hunting rifles and gear (e.g. hunting weapons, ammunition, hunting blinds), archery equipment (e.g. bows, arrows, crossbows) and firearms and gear (e.g. gun cases, storage solutions, holsters, slings, shooting glasses, ammunition). This category does not cover tree stands and scent attractants. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Hunting rifles and gear (e.g. hunting weapons, ammunition, hunting blinds)
- Archery equipment (e.g. bows, arrows, crossbows)
- Firearms and gear (e.g. gun cases, storage solutions, holsters, slings, shooting glasses, ammunition)
Out-of-scope
- Tree stands
- Scent attractants
Market comparison
The Singapore Hunting & Weapons market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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