Middle East & Africa 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 and 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 Middle East & Africa e-commerce automotive aftermarket market is expected to reach US$ 8264.16 million by 2028 from US$ 3181.79 million in 2022; it is estimated to grow at a CAGR of 17.2% from 2022 to 2028.
While digital communication, B2B sales, and retail have witnessed altering patterns due to technological innovation, the automobile industry is still developing. The rise of eBay Motors, Alibaba, Amazon Marketplace, and other e-commerce automotive aftermarket companies has transformed the car sales experience for customers across the region. E-commerce platforms provide an ideal solution for clients looking for non-mission-critical and other discretionary components. By using such platforms, consumers can get information related to similar products, read reviews, and receive speedy delivery at low prices. Players operating in the automotive sector have already begun to adapt to this shift in favor of customer interest. Porsche and Tesla Inc. are a few prominent businesses selling automobiles and aftermarket products directly to the public via online platforms. Similarly, dealers have noticed the benefits of e-commerce in vehicle sales. An increasing number of digital merchants catering to online automotive component customers place pressure on manufacturers and dealers who are reluctant to adapt to the shift toward sales through e-commerce. All these factors associated with the rising number of e-commerce providers of automotive aftermarket products are driving the growth of the Middle East & Africa e-commerce automotive aftermarket market growth.
Middle East & Africa E-Commerce Automotive Aftermarket Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa E-Commerce Automotive Aftermarket Market Segmentation
The Middle East & Africa e-commerce automotive aftermarket market is segmented on the basis of product type, consumer type, and country.
Based on product type, the market is segmented into braking, steering and suspension, tie rods, sway bar links, bearings/seals, and others. The others segment led the market with the largest share in 2022. The market for the braking segment is further sub segmented into brake pads, hydraulics and hardware, and rotor and drum. The market for the steering & suspension segment is sub segmented into ball joints, tie rods, sway bar links, bearings/seals, and others.
Based on consumer type, the Middle East & Africa e-commerce automotive aftermarket market is bifurcated into B2B and B2C. The B2C segment led the market with a larger share in 2022.
By country, the market is segmented into South Africa, UAE, Saudi Arabia, and the Rest of Middle East & Africa. South Africa led the market with the largest market share in 2022.
Alibaba Group Holding Limited; Amazon.com, Inc.; eBay Inc.; LKQ Corporation; Inc; and Denso Corporation are among the key companies operating in the Middle East & Africa e-commerce automotive aftermarket market.
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