Asia Pacific E-Commerce Automotive Aftermarket Market Forecast to 2028 – COVID-19 Impact and Regional 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)

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.