E-Commerce Automotive Aftermarket in U.A.E Grow at 14.8% CAGR till 2025 Says P&S Intelligence
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The COVID-19 pandemic has impacted the U.A.E. e-commerce automotive aftermarket in a number of ways. Most importantly, factory shutdowns have led to the low production and sales of vehicles and their replacement parts. Moreover, movement restrictions reduced the number of vehicles on roads, which led to a decrease in the incidence of road accidents, in turn, the need for auto repairs and overhauling.
Key Findings of U.A.E. E-Commerce Automotive Aftermarket
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The product bifurcation led the U.A.E. e-commerce automotive aftermarket in the past, based on type. The rising number of do-it-yourself (DIY) customers is pushing up the sale of auto parts in the country. Considering the conveniences offered by online shopping platforms, residents are rapidly shifting to them from traditional brick-and-mortar stores.
In the coming years, the highest value CAGR in the product sub segment of the U.A.E. e-commerce automotive aftermarket, on the basis of consumer, of 15.2%, is expected to be witnessed in the business-to-small-business (B2SB) category. With the burgeoning tourist count in the country, the demand for passenger vehicles has risen, which has encouraged many small auto parts retailers to proliferate. However, being small-sized businesses, they often do not possess all the parts, which is why they buy them online.
Browse report overview with detailed TOC on U.A.E E-Commerce Automotive Aftermarket Research Report: By Component (Tire, Lubricant, Battery, Car Parts), Channel (Third Party Retailer, Direct-To-Consumer), Consumer (B2C, B2BB, B2SB), Service Provider (Automobile Dealerships, Franchise General Repairs, Specialty Shops, Locally Owned Repair Shops/Body Shops, Tire Shops) – Industry Analysis and Growth Forecast to 2025 @ https://www.psmarketresearch.com/market-analysis/uae-e-commerce-automotive-aftermarket
The tire category, based on component, will keep holding the largest share in the service sub segment of the U.A.E. e-commerce automotive aftermarket in the near future. With the rapid urbanization and industrialization, passenger car and commercial vehicle sales are picking up in the country. Thus, the rising demand for automotive tires, coupled with the lack of time to get them replaced at garages, is driving the popularity of online service providers that not only deliver the tires to the customers but also install them for vehicle owners.
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The most-prominent players in the U.A.E. e-commerce automotive aftermarket are Amazon.com Inc., Ubuy Inc., Noon E Commerce (Noon.com), Majid Al Futtaim Holding (Carrefour), and Carbox Auto Parts.
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E-Commerce in Automotive Aftermarket
Geographically, the e-commerce in automotive aftermarket is predicted to register the fastest growth in the Asia-Pacific region in the upcoming years.
https://www.psmarketresearch.com/market-analysis/e-commerce-in-automotive-aftermarket
Automotive Aftermarket
With the rising average age of automobiles, the sales of automotive parts and components by aftermarket companies are growing rapidly. Geographically, the automotive aftermarket is predicted to register the fastest growth in the Asia-Pacific region in the coming years.
https://www.psmarketresearch.com/market-analysis/automotive-aftermarket
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