LATAM Luxury SUV Market Size & Outlook, 2025-2033

LATAM Luxury SUV Market Insights

Deep Market Insights analysis indicates that the LATAM Luxury SUV Market size, which was USD 937.2 Million in 2024, is projected to attain USD 3,206.97 Million by 2033.
The market is expected to register a CAGR of 14.67% over the period 2025–2033.
In 2024, Compact emerged as the dominant Size based on market size.
Full-size is projected to register the fastest growth, positioning it as the most attractive Size segment over the forecast horizon.

In 2024, LATAM accounted for 7.81% of the global Luxury SUV Market size.
By 2033, United States is projected to lead the global market in terms of market size.
Mexico is projected to emerge as the fastest-growing market in LATAM, reaching USD 1241.96 Million by 2033.

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 937.2 Million
Market Size In 2033	USD 3,206.97 Million
Largest segment	Compact
Units	Revenue in USD Million
CAGR	14.67% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends