E-commerce Automotive Aftermarket to expect 18% CAGR to 2024

Third party retailers are likely to account for highest e-commerce automotive aftermarket revenue share crossing USD 29 billion by 2025 led by rising popularity of the retailers such as eBay, Amazon, etc.

North America e-commerce automotive aftermarket is anticipated to exhibit a CAGR of approximately 17% by 2025. Well established internet infrastructure will pave stable growth prospects to the region's growth. Presence of prominent e-commerce leaders such as Amazon will strengthen the industry growth over the coming years.

Asia Pacific e-commerce automotive aftermarket is likely to exhibit considerable share of over USD 9 billion over the coming years. The substantial revenue generation can be attributed to growth in automobile industry along with rising internet penetration across the region.

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B2C will account for maximum revenue share crossing USD 13 billion over the forecast timeline. Shifting preference of customers towards online purchase of these auto-parts will primarily support the e-commerce automotive aftermarket dominance. This can be attributed to the cost effectiveness of the online portals as compared to conventional stores. Fast query solving, and provision of technologically advanced products will further escalate the revenue generation.

Direct to customer will exhibit approximately 21% CAGR from 2018 to 2025. This can be attributed to high brand loyalty of the customers and provision of appropriate service facilities. The automotive aftermarket players such as Bosch are expanding their online platforms to enhance their visibility among the customers.

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Third party retailers are likely to account for highest revenue share crossing USD 29 billion by 2025. Rising popularity of these retailers such as eBay, Amazon, etc. will primarily drive the industry growth. High revenue generation can also be attributed to the distinct services. Moreover, provision of benefits such as same day delivery will further strengthen the e-commerce automotive aftermarket penetration.

Napa Auto Parts, Denso Corporation, Amazon, E-bay, Auto Zone, and Advance Auto Parts are among the prominent participants in e-commerce automotive aftermarket. Partnerships and collaborations with online aftermarket players are among the strategies adopted by the industry players to enhance their visibility.

Browse key industry insights spread across 400 pages with 616 market data tables & 11 figures & charts from the report, “E-commerce Automotive Aftermarket Size By E-commerce Retail (Third Party Retailers, Direct To Customer), By Parts (Braking [Brake Pads, Hydraulics & Hardware, Rotor & Drum], Steering & Suspension [Control Arms, Ball Joints, Tie Rods, Sway Bar Links, Bushings, Bearings/Seals, Coil Springs], Hub Assemblies, Universal Joints, Gaskets, Wipers, Filters, Lighting, Spark Plug), By Consumer (B2C, B to Big B, B to Small B) Industry Analysis Report, Regional Outlook (U.S., Canada, France, Germany, Poland, UK, Spain, Russia, Benelux, Nordics, China, India, Japan, South Korea, Mexico, Argentina, Brazil, KSA, South Africa, UAE), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/e-commerce-automotive-aftermarket

Table of Contents (ToC) of the report:
Chapter 6. E-commerce Automotive Aftermarket, By Consumer
6.1. Global market share by consumer, 2017 & 2025
6.2. B2C
6.2.1. Global market estimates and forecasts, 2013 – 2025
6.2.2. Market estimates and forecast, by region, 2013 – 2025
6.3. B to Big B
6.3.1. Global market estimates and forecasts, 2013 – 2025
6.3.2. Market estimates and forecast, by region, 2013 – 2025
6.4. B to Small B
6.4.1. Global market estimates and forecasts, 2013 – 2025
6.4.2. Market estimates and forecast, by region, 2013 – 2025
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/e-commerce-automotive-aftermarket

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