| Product Code: ETC6763230 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a slight decline in growth rate in 2024, Colombia continues to show a steady increase in the import of DIY tools. The high Herfindahl-Hirschman Index (HHI) reflects a concentrated market dominated by top exporters such as China, Mexico, and the United States. The consistent Compound Annual Growth Rate (CAGR) of 2.55% indicates a stable demand for these products in Colombia. With countries like Brazil and the Czech Republic also making significant contributions to imports, the Colombian market for DIY tools remains competitive and promising for international suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Do-It-Yourself (DIY) Tools Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Do-It-Yourself (DIY) Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Do-It-Yourself (DIY) Tools Market - Industry Life Cycle |
3.4 Colombia Do-It-Yourself (DIY) Tools Market - Porter's Five Forces |
3.5 Colombia Do-It-Yourself (DIY) Tools Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Colombia Do-It-Yourself (DIY) Tools Market Revenues & Volume Share, By Retail Format Sales, 2021 & 2031F |
4 Colombia Do-It-Yourself (DIY) Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing trend of DIY projects and home improvement activities in Colombia |
4.2.2 Increasing disposable income and urbanization leading to higher demand for DIY tools |
4.2.3 Rising popularity of online tutorials and content related to DIY projects, driving the need for DIY tools |
4.3 Market Restraints |
4.3.1 High import tariffs and taxes on DIY tools affecting affordability for consumers |
4.3.2 Lack of awareness and skills among certain segments of the population, limiting the market potential |
4.3.3 Competition from professional service providers offering similar services at competitive prices |
5 Colombia Do-It-Yourself (DIY) Tools Market Trends |
6 Colombia Do-It-Yourself (DIY) Tools Market, By Types |
6.1 Colombia Do-It-Yourself (DIY) Tools Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Colombia Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Power Tools, 2021- 2031F |
6.1.4 Colombia Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Hand Tools, 2021- 2031F |
6.1.5 Colombia Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Decorative Tools, 2021- 2031F |
6.2 Colombia Do-It-Yourself (DIY) Tools Market, By Retail Format Sales |
6.2.1 Overview and Analysis |
6.2.2 Colombia Do-It-Yourself (DIY) Tools Market Revenues & Volume, By DIY Stores, 2021- 2031F |
6.2.3 Colombia Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.2.4 Colombia Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Furniture Stores, 2021- 2031F |
6.2.5 Colombia Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Online, 2021- 2031F |
6.2.6 Colombia Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Others, 2021- 2031F |
7 Colombia Do-It-Yourself (DIY) Tools Market Import-Export Trade Statistics |
7.1 Colombia Do-It-Yourself (DIY) Tools Market Export to Major Countries |
7.2 Colombia Do-It-Yourself (DIY) Tools Market Imports from Major Countries |
8 Colombia Do-It-Yourself (DIY) Tools Market Key Performance Indicators |
8.1 Number of searches for DIY-related keywords on search engines |
8.2 Percentage increase in sales of DIY tools through online platforms |
8.3 Growth in the number of DIY workshops or events organized in Colombia |
8.4 Average time spent on DIY tutorial videos or content online |
8.5 Number of new entrants or players in the DIY tools market in Colombia |
9 Colombia Do-It-Yourself (DIY) Tools Market - Opportunity Assessment |
9.1 Colombia Do-It-Yourself (DIY) Tools Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Colombia Do-It-Yourself (DIY) Tools Market Opportunity Assessment, By Retail Format Sales, 2021 & 2031F |
10 Colombia Do-It-Yourself (DIY) Tools Market - Competitive Landscape |
10.1 Colombia Do-It-Yourself (DIY) Tools Market Revenue Share, By Companies, 2024 |
10.2 Colombia Do-It-Yourself (DIY) Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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