Analysis – by Product Type [Braking (Brake Pads, Hydraulics and Hardware, and Rotor & Drum), Steering and Suspension (Ball Joints, Tie Rods, Sway Bar Links, Bearings/Seals, and Others), Hub Assemblies, Universal Joints, Gaskets, Filters, Spark Plug, and Others) and Consumer Type (B2B and B2C)
No. of Pages:133
Report Code:
BMIRE00026311
Category:
Automotive and Transportation
Asia Pacific E-Commerce Automotive Aftermarket Market
The Asia Pacific e-commerce automotive aftermarket market is expected to reach US$ 42463.01 million by 2028 from US$ 14365.85 million in 2022; it is estimated to grow at a CAGR of 19.8% from 2022 to 2028.
An individual can obtain a broad variety of automotive replacement parts, accessories, equipment, and services through the aftermarket. Furthermore, to expand their service offerings, auto parts companies have begun to increase their efforts in B2B & B2C interface, merchandising, and e-commerce competence. Amazon, for example, is lowering prices to boost sales of car products. Owing to the low product price and better affordability, small retailers are earning profit. With the regional e-commerce expansion, the digitization of distribution channels and interface design is also increasing. The growing internet usage, rising consumer spending per capita, and the increasing number of individuals buying online have a positive impact on the e-commerce automotive aftermarket market in Asia Pacific.
Asia Pacific E-Commerce Automotive Aftermarket Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific E-Commerce Automotive Aftermarket Market Segmentation
The Asia Pacific e-commerce automotive aftermarket market is segmented into product type, consumer type, and country. Based on product type, the market is segmented into braking, steering & suspension, hub assemblies, universal joints, gaskets, filters, spark plug, and others. The others segment led the Asia Pacific solar inverters market with the largest market share in 2022. The braking segment is further sub segmented into brake pads, hydraulics & hardware, and rotor & drum. The steering & suspension segment is further sub segmented into ball joints, tie rods, sway bar links, bearings/seals, and others. Based on consumer type, the market is bifurcated into B2B and B2C. The B2C segment led the Asia Pacific e-commerce automotive aftermarket with a larger market share in 2022. By country, the Asia Pacific e-commerce automotive aftermarket market is segmented into China, Japan, India, South Kora, Australia, and Rest of APAC. The China segment led the Asia Pacific e-commerce automotive aftermarket market with the largest market share in 2022.
The key companies operating in the Asia Pacific E-commerce Automotive Aftermarket Market are Alibaba Group Holding Limited; Amazon.com, Inc.; Shopee365; eBay Inc.; LKQ Corporation; and Denso Corporation. Several companies are functioning in the market and contributing substantial revenues toward The Asia Pacific E-commerce Automotive Aftermarket Market growth.
Asia Pacific E-Commerce Automotive Aftermarket Market Strategic Insights
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Asia Pacific E-Commerce Automotive Aftermarket Market Segmentation Analysis
Asia Pacific E-Commerce Automotive Aftermarket Market Report Highlights
Asia Pacific E-Commerce Automotive Aftermarket Report Scope
Report Attribute
Details
Market size in 2022
US$ 14365.85 Million
Market Size by 2028
US$ 42463.01 Million
CAGR (2022 - 2028)
19.8%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Product Type
Braking
Steering and Suspension
Hub Assemblies
Universal Joints
Gaskets
Filters
Spark Plug
By Consumer Type
B2B and B2C
Regions and Countries Covered
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
Market leaders and key company profiles
Alibaba Group Holding Limited.
Amazon.com,Inc.
Shopee36
eBay,Inc.
LKQ Corporation.
Denso Corporation.
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Asia Pacific E-Commerce Automotive Aftermarket Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - Asia Pacific E-Commerce Automotive Aftermarket Market
Alibaba Group Holding Limited.
Amazon.com,Inc.
Shopee365.
eBay,Inc.
LKQ Corporation.
Denso Corporation.
Frequently Asked Questions
How big is the Asia Pacific E-Commerce Automotive Aftermarket Market?
The Asia Pacific E-Commerce Automotive Aftermarket Market is valued at US$ 14365.85 Million in 2022, it is projected to reach US$ 42463.01 Million by 2028.
What is the CAGR for Asia Pacific E-Commerce Automotive Aftermarket Market by (2022 - 2028)?
As per our report Asia Pacific E-Commerce Automotive Aftermarket Market, the market size is valued at US$ 14365.85 Million in 2022, projecting it to reach US$ 42463.01 Million by 2028. This translates to a CAGR of approximately 19.8% during the forecast period.
What segments are covered in this report?
The Asia Pacific E-Commerce Automotive Aftermarket Market report typically cover these key segments-
Product Type (Braking, Steering and Suspension, Hub Assemblies, Universal Joints, Gaskets, Filters, Spark Plug)
Consumer Type (B2B and B2C)
What is the historic period, base year, and forecast period taken for Asia Pacific E-Commerce Automotive Aftermarket Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific E-Commerce Automotive Aftermarket Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2028
Who are the major players in Asia Pacific E-Commerce Automotive Aftermarket Market?
The Asia Pacific E-Commerce Automotive Aftermarket Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Alibaba Group Holding Limited.
Amazon.com,Inc.
Shopee36
eBay,Inc.
LKQ Corporation.
Denso Corporation.
Who should buy this report?
The Asia Pacific E-Commerce Automotive Aftermarket Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Asia Pacific E-Commerce Automotive Aftermarket Market value chain can benefit from the information contained in a comprehensive market report.
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