DIY market in Belize

The Belizean DIY eCommerce market is predicted to reach US$9.8 million by 2023 and accounts for 8.4% of the total eCommerce market in Belize. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 8.4%, resulting in a projected market volume of US$13.6 million by 2027. Within the DIY market ECDB considers the following three sub-markets: Tools & Construction Supplies, Vehicle Parts, and Garden.

Market development

eCommerce revenue development in the Plants & Seeds market in Belize

The Belizean Plants & Seeds eCommerce market is predicted to reach US$0.2 million by 2023 and accounts for 17.1% of the Garden eCommerce market in Belize. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2023-2027) will be 13.8%, resulting in a projected market volume of US$0.4 million by 2027. The Plants & Seeds eCommerce market is a sub-market of the Garden market. Further categories within the Garden market are: Barbecues, Gardening Accessories, and Other Garden.

eCommerce revenue development in the Plants & Seeds market in Belize

in million US$

eCommerce revenue growth in the Plants & Seeds market in Belize

in %

Net eCommerce revenue split by sub-category

in %
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 %) 86.1 15.5 21.6 36.3 80.8 8.4 31.5 68.9

Online share

eCommerce online share of the total Plants & Seeds market in Belize

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the Belizean Plants & Seeds retail market, the online share is 2.1% and will increase by an average of 7.2% to 2.8% by 2027.

eCommerce online share of the total Plants & Seeds market in Belize

in %
2020 2021 2022 2023 2024 2025 2026 2027
Online share (in %) 81.7% 2.2% 28.4% 85.6% 23.7% 46.6% 1.9% 1.1%

Market definition

Definition of the Plants & Seeds market within the DIY market

Market definition: DIY > Garden > Plants & Seeds The category Plants & Seeds includes the online trade of plants (e.g. flowering plants, fruit trees, shrubs, vegetable plants, herb plants, bulbs and tubers), seeds and starts. This category does not cover fresh cut flowers and bouquets. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Plants (e.g. flowering plants, fruit trees, shrubs, vegetable plants, herb plants, bulbs and tubers)
  • Seeds
  • Starts

Out-of-scope

  • Fresh cut flowers and bouquets