Colombia Retail Market Size by Sector and Channel including Online Retail, Key Players and Forecast, 2022-2026
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Colombia Retail Market Overview
The Colombia retail market size was COP333,096 billion in 2021 and is expected to grow at a CAGR of more than 6% during 2021-2026. The Colombia retail market research report uses data from GlobalData’s retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2021 in each of the sectors. All data includes the impact of COVID-19 on sales in 2021. This report also provides historic and forecast market data for total retail sales in Colombia and summarizes the value trends with individual sector details in overall retail. The report also reveals major retailers in each sector and their market share along with their price and market positioning in 2021.
Colombia Retail Market Outlook
To gain more information on the Colombia retail market forecast, download a free report sample
Colombia Retail Market Segmentation by Sectors
The key sectors in the Colombia retail market are food & grocery, clothing & footwear, health & beauty, electricals, DIY & garden, furniture & floor coverings, and homewares among others. Food & grocery was the largest sector by expenditure in 2021 and will continue to be so during the forecast period.
Food & Grocery: The food & grocery sector can be further segmented into drinks, food, household products, and tobacco.
Clothing & Footwear: The clothing & footwear sector can be further segmented into womenswear, menswear, and childrenswear.
Health & Beauty: The health & beauty sector can be further segmented into cosmetics & toiletries and healthcare products.
Colombia Retail Market Analysis, by Sectors
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Colombia Retail Market Segmentation by Distribution Channels
Some of the key distribution channels in the Colombia retail market are hypermarkets, supermarkets, and hard discounters, food & drinks specialists, convenience stores & gas stations, clothing, footwear, and accessories specialists, online, drug stores & health & beauty stores, home improvement and gardening supplies retailers, and electrical and electronics specialists. Hypermarkets, supermarkets, and hard discounters had the largest share in 2021.
Colombia Retail Market Analysis, by Distribution Channels
For more distribution channel insights into the Colombia retail market, download a free report sample
Colombia Retail Market - Competitive Landscape
Some of the leading players in the Colombia retail market are Falabella, Crystal, Exito hypermarkets, Olimpica, K-Tronix, Alkosto, Cruz Verde, Farmcenter, Sodimac Homecenter, and Corona Hipercentro.
Colombia Retail Market Report Overview
Market Size (2021) | COP333,096 billion |
CAGR (2021-2026) | >6% |
Key Sectors | Food & Grocery, Clothing & Footwear, Health & Beauty, Electricals, DIY & Garden, Furniture & Floor Coverings, and Homewares |
Key Distribution Channels | Hypermarkets, Supermarkets, and Hard Discounters, Food & Drinks Specialists, Convenience Stores & Gas Stations, Clothing, Footwear, and Accessories Specialists, Online, Drug Stores & Health & Beauty Stores, Home Improvement and Gardening Supplies Retailers, and Electrical and Electronics Specialists |
Leading Players | Falabella, Crystal, Exito hypermarkets, Olimpica, K-Tronix, Alkosto, Cruz Verde, Farmcenter, Sodimac Homecenter, and Corona Hipercentro |
Reasons to Buy
- Gain a comprehensive view of the retail industry and forecasts to 2026
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of COVID-19 on the retail market
- Investigate current and forecast trends in retail sectors to identify the opportunities offering the most potential
- Understand who the main competitors are in the sectors and their price positioning
Crystal
Exito hypermarkets
Olimpica
K-Tronix
Alkosto
Cruz Verde
Farmcenter
Sodimac Homecenter
Corona Hipercentro
Table of Contents
Frequently asked questions
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What was the Colombia retail market size in 2021?
The retail market size in Colombia was COP333,096 billion in 2021.
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What is the Colombia retail market growth rate?
The retail market in Colombia is expected to grow at a CAGR of more than 6% during 2021-2026.
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What are the key sectors in the Colombia retail market?
The key sectors in the Colombia retail market are food & grocery, clothing & footwear, health & beauty, electricals, DIY & garden, furniture & floor coverings, and homewares.
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What are the key distribution channels in the Colombia retail market?
Some of the key distribution channels in the Colombia retail market are hypermarkets, supermarkets, and hard discounters, food & drinks specialists, convenience stores & gas stations, clothing, footwear, and accessories specialists, online, drug stores & health & beauty stores, home improvement and gardening supplies retailers, and electrical and electronics specialists.
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Who are the leading players in the Colombia retail market?
The leading players in the Colombia retail market are Falabella, Crystal, Exito hypermarkets, Olimpica, K-Tronix, Alkosto, Cruz Verde, Farmcenter, Sodimac Homecenter, and Corona Hipercentro.
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