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Auto Parts ECommerce Aftermarket Market size was valued at US$ 80.91 Bn. in 2023 and the total revenue is expected to grow at 14.6% through 2024 to 2030, reaching nearly US$ 210.05 Bn.<br>
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Auto Parts ECommerce Aftermarket Marketglobal Analysis Report 2024-230 Published by: Shweta, Automotive and Transportation Industry Specialist
Market Size & Overview: The global Auto Parts E-Commerce Aftermarket market is expected to grow significantly, with a market size of USD 80.91 billion in 2023 and a forecasted growth to USD 210.05 billion by 2030. This market encompasses online platforms dedicated to the sale of auto parts and accessories, driven by consumer convenience, cost-effectiveness, and increasing vehicle ownership rates.
Market Growth & Opportunities The market is projected to expand at a 14.6% CAGR from 2024 to 2030. The growth is fueled by rising internet usage, the aging vehicle fleet, the increasing DIY consumer segment, and improvements in supply chain efficiency. Additionally, the integration of technological innovations, including IoT, is expected to boost the market.. Sample Request
Market Segmentation • by Application • Interior Accessories • Exterior Accessories • Performance Parts • Wheels and Tires • Tools and Garage • Auto Body Parts • Oil • Coolants and Fluids • by Type B2C B2B • by End User End Consumer Workshops Others
Regional Analysis: • North America: The region benefits from strong e-commerce infrastructure, where consumer behavior trends favor online auto parts shopping. • Europe: The European market leads with a well-established automotive aftermarket, strong digital infrastructure, and a steady consumer base, growing at a CAGR of 14.95%. • APAC: The APAC market is rapidly expanding due to increasing digital adoption, rising disposable incomes, and a growing automotive sector.
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Merges and Acquisition • Autodoc, a major player in the European automotive parts market, has seen growth and increased market presence. • Various automotive companies continue to strengthen their online sales channels through strategic partnerships and acquisitions to improve supply chains and expand their customer base. • The growing trend of startups entering the space also indicates mergers or acquisitions in the coming years to gain market share and streamline operations. Buy This Report
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