Exactly.
I use audiobooks mostly on tedious tasks daily. Like washing dishes, feeding the washing machine, dryer, ironing, etc. Often I tend to bundle those tasks together for a longer listening experience.
Other then that it's great for commute on trains, planes, taxis, or bike or if you go somewhere where waiting is expected.
It takes some time to get into though. I have struggled with it in the beginning so I started with a book I read already some time ago so it wouldn't be such a big deal if I miss something. Now it became almost the only way I consume books for entertainment.