Automotive Aftermarket E-Retailing Market by Product, Customer Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR40628
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The automotive aftermarket e-retailing market has the potential to grow by USD 56.74 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 20.46%.

This automotive aftermarket e-retailing market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (wheels and tires, brakes and brake pads, and others), customer type (DIY customers and professional customers), and geography (North America, Europe, APAC, South America, and MEA). The automotive aftermarket e-retailing market report also offers information on several market vendors, including Advance Auto Parts Inc., Alibaba Group Holding Ltd., Amazon.com Inc., AutoZone Inc., Buy Auto Parts, CarParts.com Inc., eBay Inc., Genuine Parts Co., Icahn Automotive Group LLC, and Parts Multiverse among others.

What will the Automotive Aftermarket E-retailing Market Size be in 2021?

Automotive-Aftermarket-E-retailing-Market-Market-Size-2020-2025

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Automotive Aftermarket E-retailing Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing vehicle lifespan leading to vehicle parts growth is notably driving the automotive aftermarket e-retailing market growth, although factors such as high price sensitivity leading to margin pressure on e-retailers may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the automotive aftermarket e-retailing market get your FREE report sample now.

This automotive aftermarket e-retailing market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Automotive Aftermarket E-retailing Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Advance Auto Parts Inc.
  • Alibaba Group Holding Ltd.
  • Amazon.com Inc.
  • AutoZone Inc.
  • Buy Auto Parts
  • CarParts.com Inc.
  • eBay Inc.
  • Genuine Parts Co.
  • Icahn Automotive Group LLC
  • Parts Multiverse

 

The automotive aftermarket e-retailing market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the automotive aftermarket e-retailing market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Automotive Aftermarket E-retailing Market?

Automotive-Aftermarket-E-retailing-Market-Market-Share-by-Region-2020-2025

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36% of the market’s growth will originate from North America during the forecast period. The US is a key market for automotive aftermarket e-retailing in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The convenience of purchasing automotive products online will facilitate the automotive aftermarket e-retailing market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Automotive Aftermarket E-retailing Market?

Automotive-Aftermarket-E-retailing-Market-Market-Share-by-Product-2020-2025

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The automotive aftermarket e-retailing market share growth by the wheels and tires segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive aftermarket e-retailing market size.

 

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What are the Key Factors Covered in this Automotive Aftermarket E-retailing Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive aftermarket e-retailing market growth during the next five years
  • Precise estimation of the automotive aftermarket e-retailing market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive aftermarket e-retailing market across North America, Europe, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive aftermarket e-retailing market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The automotive aftermarket e-retailing market growth will increase by $41.86 billion during 2019-2024.
The automotive aftermarket e-retailing market is expected to grow at a CAGR of 18.90% during 2019-2024.
Technavio has segmented the automotive aftermarket e-retailing market by product (Wheels and tires, Brakes and brake pads, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
Advance Auto Parts Inc., Alibaba Group Holding Ltd., Amazon.com Inc., AutoZone Inc., BuyAutoParts.com, eBay Inc., Genuine Parts Co., Icahn Automotive Group LLC, Parts Multiverse, U.S. Auto Parts Network Inc. are a few of the key vendors in the automotive aftermarket e-retailing market.
North America will register the highest growth rate of 35.26% among the other regions. Therefore, the automotive aftermarket e-retailing market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the automotive aftermarket e-retailing market growth are:
  • Increasing vehicle lifespan leading to vehicle parc growth
  • Aftermarket e-retailing gaining popularity in automotive aftermarket
The automotive aftermarket e-retailing market vendors should focus on grabbing business opportunities from the wheels and tires segment as it accounted for the largest market share in the base year.
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