E-commerce Automotive Aftermarket from third party retailers will cross USD 29 billion by 2025

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E-commerce Automotive Aftermarket Industry in
North America to grow at over 18 CAGR by 2025
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Key Insights from E-commerce Automotive
Aftermarket

• Global e-commerce automotive aftermarket is
  expected to generate a demand of over 1 billion
  units till 2025. Increasing age of vehicles
  across the globe, specifically in developed
  countries coupled with shifting consumer
  preference towards online purchase of auto
  components will primarily drive the industry
  growth over the forecast timeframe.
• Steering and suspension is anticipated to
  dominate the e-commerce automotive aftermarket
  share over the forecast timeframe. This can be
  credited to rising demand of components such as
  control arms, coil springs, and bearings.
  Availability of numerous options at reasonable
  price and choice will positively impact the
  product demand.
• Spark plugs are expected to exhibit over 21 CAGR
  till 2025 owing to recommendation of vehicle
  manufacturers for product replacement after every
  30,000 miles. Increased accident rates along with
  cheaper product availability as compared to its
  counterparts will further propel the segments
  growth.

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Continued...

• The manufacturers are increasingly launching
  their products on online platforms through third
  party retailers such as Amazon, and eBay or via
  their own online portals, positively impacting
  the industry growth.
• 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.
• 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.
• 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 industry dominance.

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Aftermarket _at_ https//www.gminsights.com/industry-
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U.S. E-commerce Automotive Aftermarket, By
Consumer, 2017 2025, (million units)

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Major Companies in E-commerce Automotive
Aftermarket

• ACP Composites
• Hexcel Corporation
• Johns Manville Corporation
• DowAksa
• Owens Corning Corp.
• Revchem Composites
• SGL Group
• Clear Water Composties
• Jushi Group Co. Ltd.

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Industry Coverage

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Regional Insights in E-commerce Automotive
Aftermarket

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