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Automotive Aftermarket E-Retailing Market Size 2024-2028

The automotive aftermarket e-retailing market size is forecast to increase by USD 74.38 billion at a CAGR of 15.94% between 2023 and 2028.

The automotive aftermarket e-retailing industry is experiencing significant growth, driven by several key trends. One major factor is the increasing lifespan of vehicles, leading to a corresponding increase in demand for replacement parts. Another trend is the growing popularity of e-retailing In the automotive aftermarket, as consumers seek the convenience and accessibility of online shopping. However, this trend also presents challenges for e-retailers, such as high price sensitivity among consumers, resulting in margin pressure. The market In the US is experiencing significant growth, driven by the increasing popularity of internet retail and the expansion of e-commerce platforms In the automobile industry. To remain competitive, e-retailers must effectively manage their pricing strategies and offer value-added services to attract and retain customers. Additionally, they must navigate the complexities of logistics and supply chain management to ensure timely delivery of parts. Overall, the market is poised for continued growth, with opportunities for innovation and differentiation among competitors.

What will be the Size of the Automotive Aftermarket E-Retailing Market During the Forecast Period?

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Consumers are increasingly turning to online platforms to purchase vehicle parts, accessories, and services for maintenance and repairs. The age of vehicles on the road continues to rise, leading to an increased demand for aftermarket parts and accessories. Key product categories include interior accessories, infotainment-multimedia systems, powertrain components, tires and wheels, electrical products, and engine components. Logistics firms play a crucial role in ensuring the timely delivery of these items, with mobile commerce and internet penetration driving sales growth.
Additionally, customer service and personalizing and designing interiors and exteriors are key differentiators for automotive aftermarket e-retailers. Delivery speed and transport solutions are also important considerations for consumers, particularly for urgent repairs or replacement of tires and wheels. Overall, the market is expected to continue growing, driven by the convenience and accessibility of online shopping for automotive needs.

How is this Automotive Aftermarket E-Retailing Industry segmented and which is the largest segment?

The automotive aftermarket e-retailing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Wheels and tires
  Brakes and brake pads
  Others


Customer Type

  DIY customers
  Professional customers


Geography

  North America

    US


  Europe

    Germany
    UK
    France


  APAC

    China


  South America



  Middle East and Africa

By Product Insights

The wheels and tires segment is estimated to witness significant growth during the forecast period.

The global aftermarket for automotive components, including tires, wheels, powertrain, interior accessories, infotainment-multimedia, and aftermarket accessories, is experiencing significant growth due to various factors. In mature automobile markets like the US, Japan, and Western Europe, the increasing aging vehicle population is driving demand for replacement parts, particularly tires, due to wear and tear and road conditions. In emerging markets, such as India, the susceptibility of vehicles to breakdowns caused by poor road conditions further boosts demand. The advent of e-retailing platforms has made purchasing aftermarket components more convenient, leading to a steady increase in demand. Companies specializing in logistics and distribution play a crucial role in ensuring timely delivery of these components to customers.

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The wheels and tires segment was valued at USD 11.84 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 35% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American region dominates The market due to its status as the largest automotive market in terms of revenue. With a strong presence in both the passenger car and commercial vehicle segments, North America hosts a significant num

Automotive Aftermarket Market size was valued at USD 449.8 Billion in 2024 and is projected to reach USD 575.86 Billion by 2032, growing at a CAGR of 3.46% from 2026 to 2032.Global Automotive Aftermarket Market DriversThe Automotive Aftermarket Market faces several significant Drivers that can hinder its growth and expansionIncreasing Average Age of Vehicles (VIO): The increasing average age of vehicles (VIO) on the road is arguably the most fundamental and powerful driver of aftermarket growth. As consumers in many mature and emerging markets opt to keep their cars for longer periods, the vehicle population naturally shifts toward requiring more frequent and complex maintenance and repairs. Components like brakes, batteries, filters, and suspension parts experience greater wear and tear over extended lifespans, translating directly into higher demand for replacement auto parts and service labor. This trend creates a stable, consistent revenue stream for independent repair shops, part distributors, and manufacturers, establishing a robust foundation for the aftermarket industry's sustained expansion.Rising Vehicle Miles Traveled (VMT): Another critical driver is the rising vehicle miles traveled (VMT) globally, particularly as economic activity and commuting return to prepandemic levels or continue to grow in rapidly urbanizing regions. Simply put, the more miles a vehicle accrues, the faster its components will degrade and the sooner it will require servicing, creating a direct correlation with aftermarket demand. Higher VMT accelerates the need for routine maintenance, like oil changes, tire replacement, and brake pad service, and also increases the likelihood of collision repairs. This metric is a key indicator for forecasting market demand, as it ensures a constant, highvolume flow of vehicles entering the service lifecycle, boosting sales of aftermarket consumables and parts across the board.

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Automotive Aftermarket Market Size 2025-2029

The automotive aftermarket market size is valued to increase USD 179.7 billion, at a CAGR of 6% from 2024 to 2029. High adoption of vehicle parts will drive the automotive aftermarket market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 47% growth during the forecast period.
By Vehicle Type - Passenger cars segment was valued at USD 322.00 billion in 2023
By Distribution Channel - Retailer segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 49.30 billion
Market Future Opportunities: USD 179.70 billion
CAGR : 6%
APAC: Largest market in 2023

Market Summary

The market encompasses the sales of replacement parts and services for vehicles outside of the original equipment manufacturer (OEM) warranty period. This dynamic market is driven by several factors, including the high adoption of vehicle parts e-retailing and the growing preference for aftermarket services due to their cost-effectiveness. According to a recent study, e-retailing in the automotive aftermarket is projected to reach a 40% market share by 2026, up from 25% in 2021. However, this growth comes with challenges, such as price sensitivity leading to margin pressure on e-retailers. Core technologies, such as advanced diagnostics and telematics, are transforming the automotive aftermarket by enabling more accurate and efficient repair processes.
Applications, including collision repair, engine repair, and brake repair, continue to evolve with advancements in technology. Service types, such as maintenance and repair, are increasingly being offered through digital platforms, while product categories, like tires and batteries, remain staples in the market. Regulations, including emissions standards and safety regulations, play a crucial role in shaping the automotive aftermarket landscape. Regional trends, such as the increasing popularity of electric vehicles in Europe and the growing demand for aftermarket services in Asia Pacific, further add complexity to this continuously evolving market.

What will be the Size of the Automotive Aftermarket Market during the forecast period?

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How is the Automotive Aftermarket Market Segmented and what are the key trends of market segmentation?

The automotive aftermarket industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Vehicle Type

  Passenger cars
  Commercial vehicles


Distribution Channel

  Retailer
  Wholesale and distribution


End-User

  DIY Consumers
  Professional Repair Shops
  Fleet Operators


Product Types

  Replacement Parts (Brakes, Tires)
  Accessories
  Performance Parts
  Tools and Equipment


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Vehicle Type Insights

The passenger cars segment is estimated to witness significant growth during the forecast period.

The automotive aftermarket industry experiences significant growth in various sectors, particularly in the passenger vehicle segment. Approximately 25% of passenger vehicles undergo annual maintenance, repair, or upgrade services, indicating a substantial market demand. Moreover, the increasing popularity of plug-in hybrid vehicles (PHEVs) and battery electric vehicles (BEVs) contributes to the expansion of this market, as their unique powertrains necessitate specialized aftermarket solutions. Customization and performance enhancement are primary drivers for consumers in the passenger segment. For instance, electrical system upgrades, air intake systems, steering system components, and vehicle tracking systems cater to the growing demand for personalized vehicles.

Furthermore, vehicle owners invest in braking system fluids, security system upgrades, differential modifications, aftermarket lighting, interior customization parts, wheel alignment systems, fuel system modifications, and performance tuning software to optimize their driving experience. The market for automotive aftermarket services and solutions is continually evolving, with emerging technologies such as adaptive cruise control, suspension modifications, vehicle diagnostics tools, supercharger systems, transmission upgrades, engine oil additives, performance data loggers, drivetrain enhancements, fuel efficiency upgrades, and turbocharger kits gaining traction. These advancements cater to the increasing consumer preference for advanced features

Discover the booming aftermarket automotive parts retail market! Explore key trends, growth projections (CAGR 5%), regional analysis, and leading players shaping this multi-billion dollar industry through 2033. Learn about online vs. offline sales, segment performance (SUV, Sedan, Commercial Vehicles), and future market drivers.

Online automotive parts and accessories retailers have exhibited robust growth through the end of 2025, particularly as consumers increasingly adopt online shopping. To capitalize on this trend, many traditional brick-and-mortar retailers have invested in omnichannel sales systems that leverage their existing distribution infrastructure and brand recognition. Traditional auto parts retailers with online shopping experiences have been able to fend off fully e-commerce-based companies and large-format retailers. Specialization in auto parts, combined with the ability to order online and pick up merchandise in-store, has enabled auto parts retailers to capture a growing share of online purchases. Overall, IBISWorld expects revenue to climb at a CAGR of 3.7% to $5.8 billion through the end of 2025, including a jump of 2.4% in 2025 alone. As a subset of the overall auto parts retail market, the industry has largely grown in line with the expansion of auto parts retailers. As incomes swell, consumers purchase more cars and spend more on noncritical replacement parts and accessories. The number of motor vehicles registered in the United States has grown steadily, along with the average age of vehicles, which has expanded the portion of the vehicle fleet that's in the repair-and-replacement age range. The wider trend towards online retailing accelerated in 2020 amid the pandemic, enabling online sellers to outpace brick-and-mortar retailers. In addition to greater online adoption, supply chain issues have limited the supply of both new and used cars, shifting spending toward repairs and maintenance. However, supply chain disruptions also led to higher input costs, dampening profit gains. The industry will continue to expand as more consumers and downstream businesses conduct their transactions online. IBISWorld expects per capita disposable income to expand at a CAGR of 2.2% through the end of 2030, supporting sales of replacement parts and accessories. Retailers will also capitalize on increased spending by hobbyists and car collectors, especially as classic car ownership becomes more prevalent among younger generations. In general, online stores will give consumers more pricing power and alternatives compared with brick-and-mortar stores, facilitating growth. Overall, revenue for online automotive parts and accessories sellers is expected to swell at a CAGR of 3.2% to $6.8 billion through the end of 2030.

This figure represents the projected share of online automotive aftermarket and parts sales worldwide in 2022, with a breakdown by key market. Germany's online retail is expected to account for some **** percent of automotive aftermarket and parts sales by 2022.

E-Commerce Automotive Aftermarket Market Outlook

According to our latest research, the global E-Commerce Automotive Aftermarket market size reached USD 79.5 billion in 2024, driven by the rapid digitalization of automotive retail and the increasing penetration of internet-enabled devices among consumers. The market is expected to grow at a robust CAGR of 14.2% from 2025 to 2033, projected to reach USD 244.2 billion by 2033. This impressive growth is primarily fueled by evolving consumer behavior, the proliferation of e-commerce platforms, and the demand for convenience in purchasing automotive aftermarket products.

A key factor propelling the growth of the E-Commerce Automotive Aftermarket is the shift in consumer preferences towards online shopping. As end-users increasingly rely on digital channels for purchasing automotive parts and accessories, e-commerce platforms are witnessing a surge in both traffic and transaction volumes. The convenience of comparing prices, accessing a wide range of products, and having items delivered directly to the doorstep has significantly enhanced the appeal of online automotive aftermarket solutions. Additionally, the integration of advanced technologies such as AI-powered recommendation engines, real-time inventory management, and seamless payment gateways has further streamlined the online purchase experience, fostering greater consumer trust and repeat business in the sector.

Another major growth driver for the e-commerce automotive aftermarket market is the expanding vehicle parc and the increasing average age of vehicles worldwide. As more vehicles remain on the road for longer periods, the demand for replacement parts and maintenance products continues to rise. E-commerce platforms have capitalized on this trend by offering an extensive catalog of products tailored to diverse vehicle types and models. Furthermore, the ability to source both genuine and aftermarket parts at competitive prices has made online channels particularly attractive to DIY enthusiasts and professional repair shops alike. The growing adoption of mobile commerce and the proliferation of user-friendly apps have also played a crucial role in making automotive aftermarket products more accessible to a broader audience.

The rapid expansion of logistics and last-mile delivery networks has been instrumental in supporting the growth of the e-commerce automotive aftermarket. Enhanced supply chain efficiencies, coupled with strategic partnerships between e-commerce platforms and automotive part manufacturers, have enabled faster order fulfillment and reduced lead times. This has not only improved customer satisfaction but also minimized inventory holding costs for retailers. Additionally, the rise of omnichannel retail strategies, where online and offline channels are seamlessly integrated, has provided consumers with flexible options such as click-and-collect and same-day delivery, further strengthening the marketÂ’s value proposition. As a result, the e-commerce automotive aftermarket is poised for sustained growth, with both established players and new entrants investing heavily in digital infrastructure and customer engagement initiatives.

Regionally, the Asia Pacific market is emerging as a significant growth engine for the e-commerce automotive aftermarket, driven by the rapid urbanization, rising disposable incomes, and a burgeoning middle class with increasing vehicle ownership. North America and Europe continue to be mature markets, characterized by high internet penetration, robust logistics networks, and a strong culture of DIY vehicle maintenance. Meanwhile, Latin America and the Middle East & Africa are witnessing steady growth, supported by improvements in digital infrastructure and a growing awareness of the benefits of online automotive aftermarket purchases. These regional dynamics are shaping the competitive landscape and creating new opportunities for market participants across the globe.

Product Type Analysis

The product type segment</b&g

The U.S. e-commerce automotive aftermarket for parts and accessories was sized at **** billion U.S. dollars in 2020. It is expected that the market will grow steadily in the coming years, reaching the size of ** billion U.S. dollars in 2025.

E-tailers in the U.S. automotive aftermarket segment have seen a consistent yearly increase in their market size since 2017. Pure-play e-tailers are online retailers specializing in a single industry or product. Their contribution to aftermarket sales in this segment is furthermore projected to continue increasing considerably until 2022, when their market size is anticipated to lie at approximately **** billion U.S. dollars.

According to Cognitive Market Research, the global E-Commerce Automotive Aftermarket market size will be USD 94260.4 million in 2025. It will expand at a compound annual growth rate (CAGR) of 21.60% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 34876.35 million in 2025 and will grow at a compound annual growth rate (CAGR) of 20.2% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 27335.52 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 22622.50 million in 2025 and will grow at a compound annual growth rate (CAGR) of 24.8% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 3581.90 million in 2025 and will grow at a compound annual growth rate (CAGR) of 22.0% from 2025 to 2033.
The Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 3770.42 million in 2025. It will grow at a compound annual growth rate (CAGR) of 22.2% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 7435.0 million in 2025. It will grow at a compound annual growth rate (CAGR) of 17.3% from 2025 to 2033.
Brake Pads category is the fastest growing segment of the E-Commerce Automotive Aftermarket industry

Market Dynamics of E-Commerce Automotive Aftermarket Market

Key Drivers for E-Commerce Automotive Aftermarket Market

Increased Consumer Demand for Convenience and Online Shopping to Boost Market Growth

The growing preference for convenience and ease of access is a significant driving force behind the expansion of the e-commerce automotive aftermarket market. Consumers are increasingly looking for a seamless shopping experience that allows them to browse, compare, and purchase automotive parts and accessories from the comfort of their homes. E-commerce platforms provide a wide range of products, from replacement parts to performance enhancements, without the need for physical store visits. This accessibility, combined with time-saving factors, appeals to modern consumers who seek efficiency. Moreover, e-commerce platforms often offer easy returns, fast shipping, and competitive pricing, further bolstering their attractiveness. As a result, online shopping has gained traction in the automotive aftermarket, encouraging more businesses to transition to digital platforms to meet consumer demand for convenience. For instance, Amazon and automaker Stellantis announced a strategic partnership to develop cars and trucks with Amazon software in the dashboards and deploy and make Stellantis on Amazon's delivery network.

https://www.stellantis.com/en/news/press-releases/2022/january/amazon-stellantis-collaborate-on-software-solutions

Technological Advancements in Automotive Parts and Tools To Boost Market Growth

Technological innovations are playing a crucial role in fueling the growth of the e-commerce automotive aftermarket. Advances in automotive components, diagnostic tools, and vehicle customization options are creating new opportunities for online retailers. Products like advanced sensors, performance chips, and high-tech parts can now be conveniently researched and purchased through e-commerce platforms. Furthermore, augmented reality (AR) tools and 3D product visualization are enhancing the online shopping experience, enabling customers to assess parts compatibility with their vehicles before purchase. These technological advancements increase consumer confidence in buying automotive parts online, driving market growth.

Restraint Factor for the E-Commerce Automotive Aftermarket Market

Lack of Trust in Online Transactions Will Limit Market Growth

Many automotive aftermarket customers are wary of purchasing parts and accessories online due to concerns about the authenticity, quality, and compatibility of products. Since automotive parts are critical for the safety and performance of vehicles, consumers are often hesitant to rely on online platforms where they cannot physically inspect or verify the products. This lack of trust in the e-commerce process significantly limits the potential for growth in the market, as it discourages a significant portion of the customer base from making purchases. The fear of receiving co...

Discover the booming aftermarket automotive parts retail market! Our analysis reveals a $500 billion USD market in 2025, growing at a 6% CAGR through 2033. Learn about key trends, regional breakdowns, top companies, and future projections for online and offline sales of sedan, SUV, and commercial vehicle parts.

Auto parts stores have endured ups and downs in recent years, similar to the rest of the auto sector. The outbreak of the pandemic brought the economy to a screeching halt. Stay-at-home orders prevented consumers from going into auto parts stores to make purchases and pushed transportation to the back of people's priority lists. The rapid recovery of the US economy boosted auto parts stores, as pent-up demand caused a surge in revenue. With the end of pandemic-related restrictions, Americans are now driving at high volumes again, raising the need for vehicle maintenance. Stores are stocking a wider range of products to appeal to the reignited need to drive. Revenue for auto parts stores is expected to climb at a CAGR of 0.4% to $79.6 billion through the end of 2025, including an expansion of 1.6% in 2025 alone. Strong economic growth in recent years garnered mixed results for auto parts stores. With more money, many consumers eyed new vehicles instead of fixing their current ones. Higher spending on new vehicles limits consumer spending on new parts and maintenance at auto parts stores. This trend will continue moving forward, especially considering the hike in the popularity of EVs. As EVs slowly gain ground in the auto sector, boosted by government assistance and climate consciousness, consumers will shy away from working on their vehicles, as electric engines are complex and foreign to most at-home mechanics. However, their boost to the auto sector will come with some benefits, as parts for EVs will also need to be replaced and maintained. The continued climb in consumer confidence will continue to benefit auto parts stores. National auto parts chains will strengthen their status at the top of the industry, as their continued growth of resources will enable them to use their economies of scale to tower over the competition. Some consumers prefer large, national auto parts stores because they feel more confident in the brand. Through this, these brands can raise prices and generate more profit in the coming years. Revenue is expected to swell at a CAGR of 2.0% to $87.7 billion through the end of 2030.

The Europe Automotive Aftermarket Spare Parts Market report segments the industry into Vehicle Type (Passenger Cars, Commercial Vehicles), Replacement Parts (Tire & Wheels, Battery, Brake Pads, Body Parts, Lighting Component, Others), Distribution Channel (Retailers, Wholesalers & Distributors), and Country (Germany, United Kingdom, France, Italy, Spain, Rest of the Europe).

The Motor Vehicle Parts Retailing has experienced growth over time, driven by rising disposable incomes, increased car ownership and strong demand for higher margin automotive accessories. In 2024-25, industry revenue is expected to reach $7.1 billion, reflecting modest 0.8% annualised growth over the past five years. This includes 0.6% growth anticipated in the current year. Major companies like Supercheap Auto, Repco and Bapcor are expanding their product offerings to include higher margin items like in-car technology, off-road enhancements and performance parts, which command higher mark-ups and require less customer servicing. Profit margins have widened due to rising disposable income among higher earners and the adoption of online platforms, reducing in-person staffing needs. Retailers that’ve invested in efficient supply chain management and digital platforms have gained a competitive edge, reducing costs and improving service delivery, particularly as consumers increasingly expect convenience and faster delivery times. However, the industry faced challenges in 2022-23 and 2023-24, amid subdued wage growth, high interest rates and ongoing cost-of-living pressures. These factors have dampened household purchasing power and weakened consumer sentiment, limiting demand. Despite this, the industry remains resilient, with strong demand for essential automotive repair parts and a growing preference for vehicle upgrades. Increasing consumer interest in new and branded parts, coupled with a post-pandemic surge in car ownership, has bolstered sales, especially in urban areas where consumers are more likely to invest in premium automotive accessories. Looking forward, industry revenue is projected to reach $7.8 billion in 2029-30, growing at an annualised 1.7%. Larger retailers with expansive product catalogues and strong online platforms will continue to dominate the market, benefiting from economies of scale and the ability to offer a broad range of products to meet shifting consumer preferences. Greater safety awareness and the expansion of stringent regulations will continue fuelling demand for safety-related products.

Automotive Aftermarket Market size valued at US$ 442.53 Billion in 2023, set to reach US$ 632.59 Billion by 2032 at a CAGR of about 4.05% from 2024 to 2032.

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Aftermarket Automotive Parts And Components Market Size 2024-2028

The aftermarket automotive parts and components market size is forecast to increase by USD 80 billion at a CAGR of 3.2% between 2023 and 2028.

The market is experiencing significant shifts in consumer behavior and business dynamics. One of the most prominent trends is the growing convenience of purchasing automotive aftermarket products online, leading to an increase in popularity for aftermarket e-retailing. However, this trend comes with its challenges. Despite the ease of online shopping, price sensitivity remains a major concern for consumers, resulting in margin pressure on e-retailers. This dynamic requires strategic planning and innovative solutions to maintain profitability and meet evolving customer expectations. Companies must focus on competitive pricing, efficient supply chain management, and value-added services to differentiate themselves in the market.
Additionally, addressing the challenges of counterfeit parts and ensuring product authenticity will be crucial for building trust and customer loyalty. By staying agile and responsive to these market drivers and challenges, businesses can effectively capitalize on the opportunities presented in the market.

What will be the Size of the Aftermarket Automotive Parts And Components Market during the forecast period?

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The market continues to evolve, driven by various sectors and market dynamics. Customer experience plays a pivotal role, with replacement parts and maintenance essential for ensuring vehicle longevity and satisfaction. In heavy-duty vehicles, fleet operators rely on supply chain transparency and inventory management to minimize downtime and maintain productivity. Performance parts and green technologies cater to DIY enthusiasts and those seeking improved fuel efficiency. Research and development in materials science and data analytics fuel innovation, while the Internet of Things and artificial intelligence optimize operations and enhance technical support. Online retailers offer convenience, while brand loyalty and ethical sourcing remain key considerations for consumers.
The automotive industry's shift towards electric vehicle, autonomous, and connected vehicles necessitates continuous adaptation, with electrical parts and product certification becoming increasingly important. Quality control and OEM parts ensure safety and reliability, while auto repair shops and independent garages provide essential services for the aftermarket. Carbon emissions and product liability concerns persist, necessitating ongoing efforts in sustainability and ethical manufacturing practices. The market's continuous dynamism underscores the importance of adaptability and responsiveness to emerging trends and customer needs.

How is this Aftermarket Automotive Parts And Components Industry segmented?

The aftermarket automotive parts and components industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Tire
  Brake parts
  Battery
  Filter
  Others


Distribution Channel

  Retail
  Wholesale


End-User

  DIY Consumers
  Professional Mechanics
  Fleet Operators


Vehicle Type

  Passenger Cars
  Commercial Vehicles
  Two-Wheelers


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    Italy
    Spain
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Product Insights

The tire segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth due to various factors. The aging vehicle population in mature automobile markets, such as the US, Japan, and Western Europe, is driving the demand for replacement parts, including interior and exterior components, engine parts, suspension parts, brake parts, and transmission parts. In addition, fleet operators prioritize fuel efficiency and maintenance parts for heavy-duty vehicles, leading to an increased focus on performance parts and green technologies. Moreover, the integration of artificial intelligence, data analytics, and the internet of things in the automotive industry is revolutionizing inventory management and supply chain transparency.

This enables automotive manufacturers and aftermarket suppliers to streamline their operations and improve customer satisfaction. Furthermore, the increasing popularity of DIY enthusiasts and online retailers is disrupting traditional sales channels, providing customers with more options and convenience. However, product liability, ethical sourcing, and product certification remain critical concern

In 2023, the estimated market size of the automotive aftermarket in Japan stood at around ***** trillion Japanese yen, increasing compared to the previous year. The automotive aftermarket refers to the auto-related market following the initial sales of new vehicles, including, for example, maintenance, repair parts, and used cars.

Saudi Arabia Automotive Aftermarket is valued at USD 5 Bn, driven by rising vehicle ownership, e-retail growth, and demand for spare parts, with projections to expand significantly by 2030.

Automotive E-Tailing Market size was valued at USD 56.32 Billion in 2024 and is projected to reach USD 137.47 Billion by 2031, growing at a CAGR of 11.8 % during the forecast period 2024-2031.Global Automotive E-Tailing Market DriversConsumer Preference Shift: Because online shopping is more convenient, accessible, and offers a greater assortment of products, consumers' preferences are shifting in favour of it. This change is advantageous to the automotive e-tailing industry, as customers want the ease of buying automotive parts, accessories, and services online, fueling the expansion of online marketplaces and platforms that sell automotive goods.Rise of E-commerce and Digitalization: Automotive retailers and aftermarket suppliers can now reach a wider online audience thanks to the democratisation of retail brought about by the widespread use of e-commerce platforms and the development of digital technology. The frictionless transactions, customised shopping experiences, and effective supply chain management made possible by digitalization are what are propelling the growth of the automotive e-tailing industry.Extension of Omnichannel Retailing: To give customers a seamless purchasing experience across multiple touchpoints, automotive merchants are progressively implementing omnichannel strategies to combine online and physical channels. By combining the advantages of online and offline channels, omnichannel retailing helps automotive e-tailers to increase market share by providing convenience, flexibility, and improved customer interaction.Increasing Needs for Vehicle Ownership and Maintenance: The need for automotive parts, accessories, and maintenance services is driven by the expanding global vehicle parc and the rising average age of cars. The automotive e-tailing market is expanding as a result of consumers turning to online platforms for a variety of automotive products, such as maintenance tools, performance enhancements, and replacement components.Benefits of Convenience and Time Saving: Customers may purchase conveniently from anywhere at any time with online automobile e-tailing, as it eliminates the need for traditional brick-and-mortar establishments to adhere to specific operation hours or geographic restrictions. Customers like online shopping because it saves them time and effort to compare prices, read reviews, and obtain product information. This encourages market expansion.Technological Developments and Improved User Experience: The automobile e-tailing industry is changing as a result of technological advancements including mobile applications, augmented reality (AR), virtual reality (VR), and artificial intelligence (AI). In the online automotive retail industry, these technologies drive consumer engagement and loyalty by improving the user experience through immersive shopping experiences, personalised suggestions, and interactive product visualisation.

The online auto parts retail market is experiencing robust growth, driven by the increasing preference for e-commerce, the convenience of online shopping, and the expanding reach of digital platforms. This sector benefits from a large and established customer base accustomed to online purchasing across various categories. The market's expansion is fueled by factors such as improved logistics and delivery systems, competitive pricing strategies, and the availability of a wider selection of parts compared to brick-and-mortar stores. Furthermore, the growing adoption of smartphones and internet penetration across various demographics contributes significantly to the market's upward trajectory. While the market is competitive, with established players like Advance Auto Parts and AutoZone alongside emerging online retailers such as Amazon and CarParts.com, opportunities exist for specialized niche players focusing on specific vehicle types or parts categories. Challenges for the online auto parts retail market include managing inventory efficiently, ensuring accurate part identification (to avoid incorrect orders), and providing strong customer service for returns and technical support. The rising costs of shipping and logistics also present a hurdle. However, technological advancements, such as improved search algorithms and augmented reality applications aiding part identification, are mitigating some of these challenges. The market is segmented by part type (e.g., engines, brakes, body parts), vehicle type, and geographic location, with North America and Europe currently holding significant market share. Future growth will depend on continued innovation in e-commerce technologies, improved supply chain management, and the ability of retailers to offer a seamless and personalized customer experience. We project continued expansion over the forecast period, albeit at a potentially moderating rate as the market matures.