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Automotive Tires E-Retailing Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2020-2024

  • Published: Jul 2020
  • Pages: 120
  • SKU: IRTNTR44523
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The automotive tires e-retailing market size has the potential to grow by USD 7.59 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by distribution channel (third-party suppliers and OEM suppliers) and geography (North America, Europe, APAC, MEA, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Alibaba Group Holding Ltd., Amazon.com Inc., Asbury Automotive Group Inc., eBay Inc., JD.com Inc., MICHELIN, MRF Ltd., Rakuten Inc., THE GOODYEAR TIRE & RUBBER CO., and Walmart Inc.

What will be the Automotive Tires E-retailing Market Size in 2020?

Automotive Tires E-Retailing Market Size

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Who are the Major Automotive Tires E-retailing Vendors?

The market is fragmented. Alibaba Group Holding Ltd., Amazon.com Inc., and Asbury Automotive Group Inc. are some of the major market participants. Although the rise in sales of passenger vehicles globally will offer immense growth opportunities, the difficulty in the retention of loyal customers online will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this automotive tires e-retailing market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this automotive tires e-retailing market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Alibaba Group Holding Ltd.
  • Amazon.com Inc.
  • Asbury Automotive Group Inc.
  • eBay Inc.
  • JD.com Inc.
  • MICHELIN
  • MRF Ltd.
  • Rakuten Inc.
  • THE GOODYEAR TIRE & RUBBER CO.
  • Walmart Inc.

Which are the Key Markets for Automotive Tires E-retailing?

Automotive Tires E-Retailing Market Market segmentation by region

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North America was the largest automotive tires e-retailing market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Factors such as the growth in the number of online shoppers, change in consumers' purchase patterns, and the strong presence of organized automotive tire e-retail suppliers such as Amazon.com, The Goodyear Tire & Rubber Company, and TIRE RACK will significantly drive automotive tires e-retailing market growth in this region over the forecast period.

30% of the market's growth will originate from North America during the forecast period. The US is one of the key markets for automotive tires e-retailing in North America. Market growth in this region will be slower than the growth of the market in other regions.

What are the Major Distribution Channel Segments in the Automotive Tires E-retailing Market?

Automotive Tires E-Retailing Market Segmentation

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Most of the e-commerce third-party suppliers offer tires of various OEM brands for sale on their websites. Also, prominent vendors provide customers the option to take a doorstep delivery or visit their own dealerships or partnered dealerships. These factors are increasing customer propensity to buy tires online, which is driving the growth of the segment. The automotive tires e-retailing market share growth by the third-party supplies segment will be faster than the growth of the market by the OEM suppliers segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive tires e-retailing market size.

How will Passenger Vehicles Influence Automotive Tires E-retailing Market Growth?

The rise in sales of passenger vehicles globally is driving the automotive tires E-retailing market over the next few years. The economic growth of developing nations and the expansion of automotive manufacturers in developing countries are driving sales of passenger vehicles. As vehicles are used for longer periods, they need regular service and maintenance to function properly. This need for vehicle servicing has created the demand for automotive tires replacements. The online channel is considered as one of the most prominent platforms for tire replacement by customers, which is driving the automotive tires e-retailing market.

The increasing adoption of real-time bidding (RTB) is one of the key automotive tires e-retailing market trends. RTB involves an online bidding process that allows marketers to trade display advertising inventory in real-time. E-commerce is one of the platforms that is expected to use RTB extensively to target customers. The automotive tires e-retailing also adopts a similar concept, thus impacting the market growth at a CAGR of almost 12% during the forecast period.

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

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive automotive tires e-retailing market growth during the next five years
  • Precise estimation of the automotive tires 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 tires e-retailing industry across North America, Europe, APAC, MEA, and South America
  • 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 tires e-retailing market vendors

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1. Executive Summary                                           

2. Market Landscape                                             

                2.1 Market ecosystem                             

          Exhibit 01:  Parent market                        

          Exhibit 02:  Market characteristics                         

                2.2 Value chain analysis                           

      Exhibit 03:  Value chain analysis - Automotive components and accessories market        

                                2.2.1 Inputs    

                                2.2.2 Inbound logistics                

                                2.2.3 Operations           

                                2.2.4 Distribution and logistics

                                2.2.5 Marketing and sales         

                                2.2.6 Service   

                                2.2.7 Industry innovations                        

3. Market Sizing                                       

                3.1 Market definition               

            Exhibit 04:  Offerings of vendors included in the market definition                          

                3.2 Market segment analysis                 

                Exhibit 05:  Market segments                  

                3.3 Market size 2019                 

                3.4 Market outlook: Forecast for 2019 - 2024                 

                Exhibit 06:  Global - Market size and forecast 2019 - 2024 ($ million)                      

Exhibit 07:  - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact          

            Exhibit 08:  Global market: Year-over-year growth 2019 - 2024 (%)                                         

4. Five Forces Analysis                                          

                4.1 Five Forces Summary                        

                Exhibit 09:  Five forces analysis 2019 & 2024                     

                4.2 Bargaining power of buyers                           

                4.3 Bargaining power of suppliers                       

                4.4 Threat of new entrants                    

                4.5 Threat of substitutes                         

                4.6 Threat of rivalry                   

                4.7 Market condition                

                Market condition - Five forces 2020                       

5. Market Segmentation by Distribution Channel                                     

The segments that will Exhibit a growth rate faster than that of the overall market have been termed as fast-growing segments and those that will lag behind the overall market have been termed as slow-growing segments. In a zero-growth environment, the segments with the least reduction in market size will be classified as fast-growing segments.

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                5.1 Market segments               

          Exhibit 16:  Distribution channel - Market share 2019-2024 (%)                

                5.2 Comparison by Service                     

    Exhibit 17:  Comparison by distribution channel                              

                5.3 Third-party suppliers - Market size and forecast 2019-2024                               

            Exhibit 18:  Third-party suppliers - Market size and forecast 2019-2024 ($ million)            

Exhibit 19:  Third-party suppliers - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact                           

          Exhibit 20:  Third-party suppliers - Year-over-year growth 2019-2024 (%)                             

                5.4 OEM suppliers - Market size and forecast 2019-2024                            

              Exhibit 21:  OEM suppliers - Market size and forecast 2019-2024 ($ million)                        

Exhibit 22:  OEM suppliers - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact                 

    Exhibit 23:  OEM suppliers - Year-over-year growth 2019-2024 (%)                         

                5.5 Market opportunity by distribution channel                            

              Exhibit 24:   Market opportunity by distribution channel                                                                             

6. Customer landscape                                                                         

Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria                     

              Exhibit 25:  Customer landscape                            

                                Customer landscape analysis                   

7. Geographic Landscape                                     

North America contributed 33% to the overall market in 2019 and would decrease its contribution to 31% of the global automotive tires e-retailing market in 2024.              

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                7.1 Geographic segmentation               

              Exhibit 26:  Market share by geography 2019-2024 (%)                

                7.2 Geographic comparison                   

              Exhibit 27:  Geographic comparison                      

                7.3 North America - Market size and forecast 2019-2024                           

                Exhibit 28:  North America - Market size and forecast 2019-2024 ($ million)                        

Exhibit 29:  North America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact                 

            Exhibit 30:  North America - Year-over-year growth 2019-2024 (%)                         

                7.4 Europe - Market size and forecast 2019-2024                          

                Exhibit 31:  Europe - Market size and forecast 2019-2024 ($ million)                       

Exhibit 32:  Europe - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact                               

              Exhibit 33:  Europe - Year-over-year growth 2019-2024 (%)                        

                7.5 APAC - Market size and forecast 2019-2024                              

            Exhibit 34:  APAC - Market size and forecast 2019-2024 ($ million)                          

Exhibit 35:  APAC - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact               

                Exhibit 36:  APAC - Year-over-year growth 2019-2024 (%)                           

                7.6 MEA - Market size and forecast 2019-2024                               

                Exhibit 37:  MEA - Market size and forecast 2019-2024 ($ million)                            

                              Exhibit 38:  MEA - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact

                Exhibit 39:  MEA - Year-over-year growth 2019-2024 (%)                             

                7.7 South America - Market size and forecast 2019-2024                           

                Exhibit 40:  South America - Market size and forecast 2019-2024 ($ million)                        

Exhibit 41:  South America - Market size and forecast 2019-2024 ($ million) exclusive of COVID-19 Impact                 

                Exhibit 42:  South America - Year-over-year growth 2019-2024 (%)                         

                7.8 Key leading countries                        

              Exhibit 43:  Key leading countries                          

                7.9 Market opportunity by geography               

              Exhibit 44:  Market opportunity by geography ($ million)                                                             

8. Drivers, Challenges, and Trends                                   

                8.1 Volume drivers – Demand led growth                        

                                8.1.1 Rise in sales of passenger vehicles globally             

                                8.1.2 Consumer inclination toward online tire purchases            

                                8.1.3 Convenience of presenting wider portfolio of automotive products                             

                8.2 Market challenges                              

                                8.2.1 High demand for tire retreading in commercial vehicle segment   

                                8.2.2 Difficulty in retention of loyal customers online   

                                8.2.3 Increasing emphasis on public transportation                       

                8.2 Market trends                             

                                8.3.1 Increasing adoption of RTB            

                                8.3.2 Cross-device marketing  

                                8.3.3 Advanced targeting options via digital media                                         

9. Vendor Landscape                                             

                9.1 Overview               

                9.2 Vendor landscape               

                9.3 Landscape disruption                        

                Analysis of Criticality of inputs and Factors of differentiation                     

                Competitive scenario                  

                9.4 Landscape disruption                        

Technavio’s Analysis on the impact of Disruption Threats by comparing Disruptive sources and Factors driving disruption                            

                Industry risks                  

10. Vendor Analysis                                

                10.1  Vendors covered                            

                10.2  Market positioning of vendors                  

                10.3  Alibaba Group Holding Ltd.                         

        Overview                         

        Business Segments                      

        Key Offering                   

        Segment Focus                              

                10.4  Amazon.com Inc.                            

          Overview                         

          Business Segments                      

          Key Offering                   

          Segment Focus                              

                10.5  Asbury Automotive Group Inc.                  

            Overview                         

            Business Segments                      

            Key Offering                   

            Segment Focus                              

                10.6  eBay Inc.                             

              Overview                         

              Business Segments                      

              Key Offering                   

              Segment Focus                              

                10.7  JD.com Inc.                        

              Overview                         

              Business Segments                      

              Key Offering                   

              Segment Focus                              

                10.8  MICHELIN                           

                Overview                         

                Business Segments                      

                Key Offering                   

                Segment Focus                              

                10.9  MRF Ltd.                             

              Overview                         

              Business Segments                      

              Key Offering                   

              Segment Focus                              

                10.10 Rakuten Inc.                     

            Overview                         

            Business Segments                      

            Key Offering                   

            Segment Focus                              

                10.11 THE GOODYEAR TIRE & RUBBER CO.                      

            Overview                         

            Business Segments                      

            Key Offering                   

            Segment Focus                              

                10.12 Walmart Inc.                    

                                Overview                         

                                Business Segments                      

                                Key Offering                   

                                Segment Focus                              

11. Appendix                                            

                 11.1 Scope of the report                        

                                11.1.1 Market definition            

                                11.1.2 Objectives         

                                11.1.3 Notes and Caveats                          

                11.2  Currency conversion rates for US$                           

                11.3  Research methodology                

                11.4  List of abbreviations                      

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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Automotive Tires E-Retailing market growth will increase by $7597.64 million during 2019-2024.
The automotive tires e-retailing market is expected to grow at a CAGR of 11.80% during 2019-2024.
Technavio has segmented the automotive tires e-retailing market by distribution channel (Third-party suppliers and OEM suppliers) and geographic (North America, Europe, APAC, MEA, and South America).
Alibaba Group Holding Ltd., Amazon.com Inc., Asbury Automotive Group Inc., eBay Inc., JD.com Inc., MICHELIN, MRF Ltd., Rakuten Inc., THE GOODYEAR TIRE & RUBBER CO., Walmart Inc. are a few of the key vendors in the automotive tires e-retailing market.
North America will register the highest growth rate of 29.74% among the other regions. Therefore, the automotive tires 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 tires e-retailing market growth are:
  • Rise in sales of passenger vehicles globally
The automotive tires e-retailing market vendors should focus on grabbing business opportunities from the third-party suppliers segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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