DIY market in Panama
Market development
eCommerce revenue development in the Tools & Construction Supplies market in Panama
The Panamanian Tools & Construction Supplies eCommerce market is predicted to reach US$50.2 million by 2024 and accounts for 50.5% of the DIY eCommerce market in Panama. 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$77.0 million by 2028. The Tools & Construction Supplies eCommerce market is a sub-market of the DIY market. Further categories within the DIY market are: Garden, and Vehicle Parts.
eCommerce revenue development in the Tools & Construction Supplies market in Panama
eCommerce revenue growth in the Tools & Construction Supplies market in Panama
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Growth (in %) | 55.5 | 83.6 | 54.4 | 19.5 | 25.2 | 28.2 | 61.9 | 90.4 |
Market definition
Definition of the Tools & Construction Supplies market within the DIY market
Market definition: DIY > Tools & Construction Supplies The category Tools & Construction Supplies includes the online trade of tools (e.g. drills, hammers, saws, screwdrivers), hardware (e.g. nails, screws, bolts, nuts), bath/sanitary supplies (e.g. sinks, faucets, bath tubs), and more. This category does not cover stationery, crafts and art supplies and construction services. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Tools (e.g. drills, hammers, saws, screwdrivers)
- Hardware (e.g. nails, screws, bolts, nuts)
- Bath/sanitary supplies (e.g. sinks, faucets, bath tubs)
- Construction supplies (e.g. lumber, plywood, bricks, doors and windows, plumbing supplies, paints, coatings, floorings)
- House protection
Out-of-scope
- Stationery, crafts and art supplies
- Construction services