DIY market in Laos
The Lao DIY eCommerce market is predicted to reach US$55.8 million by 2023 and accounts for 7.3% of the total eCommerce market in Laos. 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 7.0%, resulting in a projected market volume of US$73.1 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 Other Vehicle Parts market in Laos
The Lao Other Vehicle Parts eCommerce market is predicted to reach US$0.5 million by 2023 and accounts for 3.0% of the Vehicle Parts eCommerce market in Laos. 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 6.6%, resulting in a projected market volume of US$0.7 million by 2027. The Other Vehicle Parts eCommerce market is a sub-market of the Vehicle Parts market. Further categories within the Vehicle Parts market are: Car Parts, and Motorcycle Parts.
eCommerce revenue development in the Other Vehicle Parts market in Laos
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
eCommerce revenue growth in the Other Vehicle Parts market in Laos
Note: Market revenue represents B2C sales of physical goods including VAT. It excludes B2B sales, C2C sales, returns, compensation for damaged or missing goods, any discounts granted and services. Data shown is using current exchange rates.
Source: ECDB analysis
Net eCommerce revenue split by sub-category
Note: Data shown is using current exchange rates.
Source: ECDB analysis
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 80.3 | 73.8 | 2.5 | 10.0 | 59.8 | 99.9 | 82.5 | 50.7 |
| AOV (in US$) | 0.4 | 0.7 | 0.8 | 0.3 | 0.4 | 0.8 | 0.1 | 0.7 |
| CVR (in %) | 82.2 | 44.4 | 7.4 | 60.6 | 51.7 | 41.3 | 57.3 | 26.3 |
Market definition
Definition of the Other Vehicle Parts market within the DIY market
Market definition: DIY > Vehicle Parts > Other Vehicle Parts The category Other Vehicle Parts includes the online trade of child car seats, boat supplies (e.g. sailing boat parts, motor boat parts), other motor vehicle parts (e.g. truck parts, tractor parts, atv parts), and more. This category does not cover bicycle parts and supplies. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Child car seats
- Boat supplies (e.g. sailing boat parts, motor boat parts)
- Other motor vehicle parts (e.g. truck parts, tractor parts, ATV parts)
- Aircraft parts
Out-of-scope
- Bicycle parts and supplies
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