DIY market in Colombia

The Colombian DIY eCommerce market is predicted to reach US$383.0 million by 2023 and accounts for 8.2% of the total eCommerce market in Colombia. 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 5.1%, resulting in a projected market volume of US$468.0 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 Car Tires market in Colombia

The Colombian Car Tires eCommerce market is predicted to reach US$44.9 million by 2023 and accounts for 47.4% of the Car Parts eCommerce market in Colombia. 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 3.0%, resulting in a projected market volume of US$50.5 million by 2027. The Car Tires eCommerce market is a sub-market of the Car Parts market. Further categories within the Car Parts market are: Car Multimedia, and Other Car Parts.

eCommerce revenue development in the Car Tires market in Colombia

in million US$

eCommerce revenue growth in the Car Tires market in Colombia

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 %) 78.1 59.8 47.2 65.1 67.3 30.2 78.8 36.9

Online share

eCommerce online share of the total Car Tires market in Colombia

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 Colombian Car Tires retail market, the online share is 9.3% and will increase by an average of 9.4% to 13.4% by 2027.

eCommerce online share of the total Car Tires market in Colombia

in %
2020 2021 2022 2023 2024 2025 2026 2027
Online share (in %) 63.3% 95.9% 97.9% 83.3% 85.4% 30.7% 63.2% 5.9%

Market definition

Definition of the Car Tires market within the DIY market

Market definition: DIY > Vehicle Parts > Car Parts > Car Tires The category Car Tires includes the online trade of car tires (e.g. all-season tires, winter tires, summer tires, off-road tires), wheels and rims. This category does not cover tire installation and balancing services, motorcycle tires or truck tires. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.

In-scope

  • Car tires (e.g. all-season tires, winter tires, summer tires, off-road tires)
  • Wheels
  • Rims

Out-of-scope

  • Tire installation and balancing services
  • Motorcycle tires
  • Truck tires