Asia Pacific E-commerce Automotive Aftermarket Analysis, Size, Drivers, Restraints, Opportunities and Threats by 2026

By Ronak Bora

Asia Pacific e-commerce automotive aftermarket from the B to Small B segment is expected to exhibit a 15.5% CAGR through 2026, with quicker delivery times and high-profit margins serving as the key contributors to this growth. The channels involve the trade of many basic automotive parts, including sub-assembly systems and electronic units, among medium-sized businesses and equipment suppliers.
Auto products are witnessing a significant rise in conversion rates and internet traffic in recent years, owing to high product promotion and e-market placement. Furthermore, the Asia Pacific e-commerce automotive aftermarket dynamics are bolstered considerably in recent years by factors such as the provision of informative material to customers regarding operating hours, nearest store locations, availability of products as well as ability to buy the products on mobile apps.
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Lighting, filter, and braking replacement parts are among the components that hold maximum utility in the e-commerce automotive aftermarket. The growing propensity towards lightweight automotive materials is likely to add impetus to industry growth over the estimated timeline.
From a product perspective, the filter replacement segment is set to register revenue worth $3.86 billion in 2026. This is attributed mainly to the myriad benefits of the product such as low CO2 emissions and better engine performance. Air intake filters, fuel filters, cabin air filters, and oil filters are among the main components of automotive filters.
One of the key roadblocks to the Asia Pacific e-commerce automotive aftermarket outlook is the burgeoning counterfeit market. The growing number of replica manufacturers in countries such as China has led to several inferior quality products in the market, which are sold at low prices in order to attract more consumers. However, these products break down very often and create a negative image of the genuine brand in the market, which can lead to an impact on e-commerce sales of automotive aftermarket products.
Rapid shift in trends towards service-oriented digital business models will boost Asia Pacific e-commerce automotive aftermarket size over the forecast spell. The provision of visual aids and informative brochures to customers for educational purposes will also fuel the demand for e-commerce automotive aftermarket products. Various manufacturers are focused on consumer buying behaviors, in B2C as well as B2B settings, in order to accommodate specific demands.
Key players in the industry include Amazon, RockAuto, Alibaba Group, Flipkart, Bosch, Mannkando, Denso Corporation, AutoZone, NAPA Auto Parts, eBay, and others. These companies are engaged in a number of strategic maneuvers, including partnerships, as well as provision of various discounts and customized services, among others, to promote APAC ecommerce automotive aftermarket expansion.
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Partial Chapter of the Table of Content
Chapter 4   Asia Pacific E-commerce Automotive Aftermarket, By E-commerce Retail
4.1    Asia Pacific e-commerce automotive aftermarket shares by e-commerce retail, 2019 & 2026
4.2    Third party retailers
4.2.1    Market estimates and forecast, 2016 – 2026
4.2.2    Market estimates and forecast by country, 2016-2026
4.3    Direct-to-Customer
4.3.1    Market estimates and forecast, 2016 – 2026
4.3.2    Market estimates and forecast by country, 2016-2026
Charts & Figures
FIG. 1    Asia Pacific E-commerce automotive aftermarket, by region, (% revenue share)
FIG. 2    APAC E-commerce automotive aftermarket industry 3600 synopsis, 2016 - 2026
FIG. 3    Industry segmentation
FIG. 4    APAC e-commerce automotive aftermarket landscape, 2016 - 2026
FIG. 5    Industry ecosystem analysis
FIG. 6    Payment gateways
FIG. 7    Conventional & new model for buying auto parts
FIG. 8    Challenges, practices, and supplier support
FIG. 9    Growth potential analysis, 2019
FIG. 10    Porter’s analysis
FIG. 11    Company market share analysis, 2019
FIG. 12    Asia Pacific e-commerce automotive aftermarket PESTEL analysis
FIG. 13    COVID-19 impact on automotive industry
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About Author

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport....

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