Industry revenue growth slowed during the recession as many consumers held off on repairs and maintenance. However, conditions largely rebounded in 2010, as pent-up demand lifted revenue. Additionally, an increased number of motor vehicle registrations aided growth because more cars on the road translated into a larger market opportunity for industry operators. In the five years to 2019, the industry is expected to continue growing, as sales continue to shift online and increased disposable incomes result in greater sales of replacement auto parts. However, increased competition and legislation will limit growth.
This industry retails automotive parts and accessories online, excluding tires. Automotive parts are used to replace worn parts, enhance the performance of a vehicle or maintain a vehicle's condition.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.