It is estimated that Asia Pacific ecommerce automotive aftermarket size will experience steady growth by 2026, with the presence of major automakers and aftermarket players in the region. Gradual increase in the automotive production, shifting trend towards digitalization in the auto industry, and the proliferation of ecommerce will foster aftermarket opportunities.

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In terms of the product landscape, APAC ecommerce automotive aftermarket is segmented into replacement parts, steering & suspension, braking, hub assemblies, wipers, gaskets, lighting, universal joints, spark plugs, tires, and others. The lighting segment is projected to grow at a CAGR of over 16.9% through 2026. The product demand will be largely influenced by growing demand for improved lighting systems such as integrated front side lighting, rear side lighting, and indicator lighting.

Steering & suspension segment is projected to witness a CAGR of 13.7% through 2026, with growing automotive expansion in India and China. With increased consumer income levels, the demand for high-quality power and acceleration components is also rising. In addition, the sales of premium vehicles and luxury sports cars have also increased considerably in recent years. Advantages such as better fuel efficiency, improved safety, and better integration with advanced driver assistance systems is likely to augment the demand for electric power assisted steering (EPAS) and suspension systems.

The demand for hub assemblies is estimated to grow at a healthy 11.5% CAGR up to 2026. Hub assemblies are critical components determining a vehicle's performance as they help reduce friction and improves overall fuel efficiency. Robust technological developments in the future are certainly promote the use of composite materials and lightweight components that require minimal repaid and maintenance.

Universal joints product segment in the ecommerce aftermarket will record a CAGR of over 10.8% through 2026. Over the past few years, the demand for universal joints, with high efficiency truck configurations that can withstand increased stress, has been increasing steadily. The rising penetration of new and improved designs and better load bearing capacity will further fuel the product demand.

The demand for wipers is projected to grow at a robust CAGR of 16.7% through 2026, with growing demand for lightweight wiper systems with quiet operation. The growing consumer preference for integrated and reversible wiper systems will bolster overall industry outlook significantly.

Gaskets product segment will experience gains at a CAGR of more than 13.8% up to 2026. The product adoption can be largely associated with growing concerns regarding protection of sensitive electronic components and the need to seal out air, water, dust, light, and electromagnetic interference.

Spark plugs represent an important automotive component segment and their demand is likely to grow at a 16.5% CAGR through 2026. Small diameter spark plugs in particular will witness a significant adoption, with tightening government regulations regarding vehicular emissions and the need for improved fuel efficiency.

APAC online automotive aftermarket industry share from tires segment is projected to exhibit a CAGR of more than 15.5% up to 2026. Tires provide traction between the vehicle and the road surface by serving as a flexible cushion and shock absorber. Regular inspection, repair, and maintenance is important to reduce tire tread, enhance fuel efficiency, and ensure a smooth ride.

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With increased average life of vehicles, growing concerns regarding safety and maintenance will play a crucial role in propelling tires demand in the future. Market share from other products demand will witness an 8% CAGR through 2026. This segment includes battery and exhaust components including exhaust pipes, resonators, and converters.

Report Content

Chapter 1   Methodology & Scope

1.1    Market definitions

1.2    Base estimates & working

1.2.1    APAC

1.3    Forecast calculations

1.3.1    COVID-19 impact calculations on industry forecast

1.4    Data Sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1    Paid Sources

1.4.2.2    Public Sources

Chapter 2   Executive Summary

2.1    Asia Pacific E-commerce automotive aftermarket industry 360⁰ synopsis, 2016 - 2026

2.1.1    Business trends

2.1.2    E-commerce retail trends

2.1.3    Product trends

2.1.4    Consumer trends

2.1.5    Country trends

Chapter 3   Asia Pacific E-commerce Automotive Aftermarket Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2016 – 2026

3.2.1    COVID-19 impact on industry landscape

3.3    Industry ecosystem analysis

3.3.1    Manufacturers

3.3.2    Sourcing

3.3.3    Online platforms

3.3.4    Payment

3.3.5    Delivery

3.3.6    Customers

3.3.7    Distribution channel analysis

3.3.7.1    Online to offline (O2O)

3.3.7.2    E-tailers

3.3.8    Value chain disruption due to COVID-19

3.3.9    Vendor matrix

3.3.9.1    List of auto parts manufacturers & suppliers for e-commerce

3.3.9.2    E-commerce automotive aftermarket players

3.3.9.3    List of e-tailors

3.4    Technology landscape

3.4.1    Product description videos

3.4.2    Chatbots

3.4.3    Mobile commerce

3.4.4    The social commerce

3.4.5    Cross-channel integration

3.4.6    E-wallets

3.5    Regulatory landscape

3.5.1    China

3.5.1.1    E-commerce law

3.6    Industry impact forces

3.6.1    Growth drivers

3.6.1.1    Increasing e-commerce platforms and acquisitions

3.6.1.2    Shifting trend toward brick & click business model

3.6.1.3    Increasing automotive production and presence of auto players

3.6.1.4    Increasing average vehicle age

3.6.1.5    Shifting trend toward digitalization

3.6.2    Industry pitfalls & challenges

3.6.2.1    Cybersecurity challenges

3.6.2.2    Proliferation of counterfeit parts

3.7    Innovation & sustainability

3.8    Growth potential analysis, 2019

3.9    Porter’s analysis

3.10    Competitive landscape, 2019

3.10.1    Company market share analysis, 2019

3.10.2    Strategy dashboard

3.11    PESTEL analysis

3.12    Impact of COVID-19 on APAC automotive industry

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