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South America E-Commerce Automotive Aftermarket Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type, and Consumer Type

South America E-Commerce Automotive Aftermarket Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type, and Consumer Type

  • October 2022
  • 120 pages
  • ID: 6362177
  • Format: PDF
  • The Insight Partners

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The South America e-commerce automotive aftermarket market is expected to reach US$ 5832.27 million by 2028 from US$ 2401.68 million in 2022; it is estimated to grow at a CAGR of 15.9% from 2022 to 2028.

Amazon and eBay have same-day shipping of automotive aftermarket products in many locations.Latest autos have sensors to detect lane changes, 360° cameras, and technology that requires expert assistance.

In a do-it-for-me (DIFM) trend, consumers are likely to become dependent on auto repair businesses and mechanics.The e-commerce automotive aftermarket industry must continue to exploit digital B2C (business-to-consumer) and B2B (business-to-business) marketplaces.

As a result, the increasing number of customers purchasing automotive components from online e-commerce platforms is expected to create new opportunities for the South America e-commerce automotive aftermarket market.

South America E-Commerce Automotive Aftermarket Market Revenue and Forecast to 2028 (US$ Million)

South America E-Commerce Automotive Aftermarket Market Segmentation

The South America 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 & 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 & 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 South America 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 South America e-commerce automotive aftermarket market is segmented into Brazil, Argentina, and rest of SAM. The Brazil segment led the South America e-commerce automotive aftermarket market with the largest market share in 2022.

The key companies operating in the South America e-commerce automotive aftermarket market are Alibaba Group Holding Limited; Amazon.com, Inc.; eBay Inc.; LKQ Corporation; and Denso Corporation. Several companies are functioning in the market and contributing substantial revenues toward the South America e-commerce automotive aftermarket market growth.

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