DIY market in South Korea
The South Korean DIY eCommerce market is predicted to reach US$12,419.3 million by 2024 and accounts for 9.0% of the total eCommerce market in South Korea. 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 10.3%, resulting in a projected market volume of US$18,372.4 million by 2028. 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 Motorcycle Parts market in South Korea
The South Korean Motorcycle Parts eCommerce market is predicted to reach US$1,184.8 million by 2024 and accounts for 31.4% of the Vehicle Parts eCommerce market in South Korea. 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 11.2%, resulting in a projected market volume of US$1,812.6 million by 2028. The Motorcycle Parts eCommerce market is a sub-market of the Vehicle Parts market. Further categories within the Vehicle Parts market are: Car Parts, and Other Vehicle Parts.
eCommerce revenue development in the Motorcycle Parts market in South Korea
eCommerce revenue growth in the Motorcycle Parts market in South Korea
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 45.6 | 31.2 | 68.0 | 9.4 | 34.4 | 38.2 | 3.7 | 22.3 |
Market definition
Definition of the Motorcycle Parts market within the DIY market
Market definition: DIY > Vehicle Parts > Motorcycle Parts The category Motorcycle Parts includes the online trade of motorcycle engine components, motorcycle brakes and suspension parts, motorcycle tires and wheels, and more. This category does not cover motorcycle protective gear and accessories (e.g. helmets, riding gear, gloves). All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Motorcycle engine components
- Motorcycle brakes and suspension parts
- Motorcycle tires and wheels
- Motorcycle body parts
- Motorcycle performance and tuning parts
Out-of-scope
- Motorcycle protective gear and accessories (e.g. helmets, riding Gear, gloves)
Market comparison
The South Korean Motorcycle Parts market in a global comparison