Colombia Luxury SUV Market Size & Outlook, 2025-2033


Colombia Luxury SUV Market Insights

  • Based on Deep Market Insights findings, the Colombia Luxury SUV Market reached USD 68.23 Million in 2024 and is estimated to attain USD 218.23 Million by 2033.
  • From 2025 to 2033, the Colombia market is expected to grow at a steady CAGR of 13.94%.
  • Within the Size category, Compact dominated in 2024 in terms of market size contribution.
  • Over the forecast period, Full-size is forecasted to deliver the fastest growth, positioning it as the most lucrative Size segment.

Other Key Findings


  • Colombia accounted for 0.57% of the global Luxury SUV Market size in 2024.
  • By 2033, United States is expected to remain the top global market in terms of size.
  • Within LATAM, Mexico is forecasted to dominate the regional Luxury SUV Market size by 2033.
  • Mexico will be the fastest-growing market in LATAM, projected to achieve USD 1241.96 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 68.23 Million
Market Size In 2033 USD 218.23 Million
Largest segment Compact
Units Revenue in USD Million
CAGR 13.94% (2025-2033)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segmnetation Covered

Segments Sub Segments
Size
  1. Compact
  2. Mid
  3. Full-size
Propulsion
  1. ICE
  2. Hybrid
  3. EV
Features
  1. Off-road
  2. Luxury Trim