Market Insights Consumer Toys & Hobby Sports Equipment

Outdoor Equipment - Ivory Coast

Ivory Coast

In Ivory Coast, the revenue in the Outdoor Equipment market for the year 2024 is estimated at US$28m.
Looking ahead, the market is projected to experience an annual growth rate of 7.78% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, it is noteworthy that in China leads the way in terms of revenue generation in the Outdoor Equipment market, with a staggering US$4,464m recorded in 2024.
To put this into perspective, in Ivory Coast, the per capita revenue in the Outdoor Equipment market amounts to US$0.95 in 2024.
This figure reflects the revenue generated on average per person in relation to the total population.
The demand for outdoor equipment in Ivory Coast is steadily increasing due to the country's growing interest in eco-tourism and outdoor recreational activities.

Key regions: Europe, Worldwide, Italy, China, Indonesia

Market

Region

Region comparison

Currency

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on goods people buy for their leisure activities and hobbies.

Modeling approach:

Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use in-house market research, national statistical offices, international institutions, trade associations, third-party studies, and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and household number. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, exponential trend smoothing is well suited for forecasting the Toys & Hobby market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.