Automotive aftermarket e-commerce sales to reach $30bn by 2025

In March of this year (2018), Global Market Insights, Inc. published a 400 page report on future trends in the e-commerce automotive aftermarket. Most impressive, they project online industry sales of $30bn USD by 2025. One of the trends influencing that growth is the third-party online marketplaces.

Here are a few related excepts from the report:

“Online platforms have gained prominence among the automotive aftermarket industry players to launch their auto-parts portfolio. 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.”

The title of the report is E-commerce Automotive Aftermarket Market;

 

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.