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Asia Pacific E-Commerce Automotive Aftermarket 2020-2026; Growth Forecast & Industry Share Report

Asia Pacific E-Commerce Automotive Aftermarket 2020-2026; Growth Forecast & Industry Share Report

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Asia Pacific E-Commerce Automotive Aftermarket 2020-2026; Growth Forecast & Industry Share Report

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  1. Asia Pacific E-commerce Automotive Aftermarket Growth | Industry Analysis Report, 2020-2026

  2. Continued… • In addition, the increasing penetration of internet services across Asia is also playing a major role in driving the demand for e-commerce automotive aftermarket. Moreover, the proliferation of IT infrastructure is leading to the establishment of more secure, effective, and convenient online transaction and communication services, which should further stimulate the overall industry share. According to the internet world stats, India’s internet-using population surged from 5,000,000 in 2000 to 560,000,000 in 2020. , China had 22,500,000 internet users in 2000 which increased to 854,000,000 in 2020.

  3. KeyInsights Asia Pacific E-commerce Automotive Aftermarket : • With respect to e-commerce retail, the third-party retailers segment is projected to expand at a significant CAGR and account for about 95% of the market demand share by the end of 2026. This growth can be attributed to the bulk-buying of products by independent service providers as well as other auto workshops. Moreover, the simplified product ordering method due to the online development of RFQ (Request for Quotation) should positively influence the segment share. • Additionally, the availability of effective customer services would further stimulate the segment outlook. Furthermore, an upsurge in the customization coupled with the transparency in rates would further augment the segment share throughout the analysis timeframe.

  4. Latest Research Asia Pacific E-commerce Automotive Aftermarket @ https://bit.ly/2HA6Kof Request for a Sample Copy of This Research Report @ https://bit.ly/3nS4J6c

  5. Major Companies Asia Pacific E-commerce Automotive Aftermarket : • Alibaba group • Amazon • AutoZone • Bosch • Denso Corporation • eBay • Flipkart • NAPA Auto Parts • RockAuto • and Mannkando.

  6. Regional Asia Pacific E-commerce Automotive Aftermarket : • On the regional front, the China e-commerce automotive aftermarket is projected to foresee significant revenue growth owing to the increasing investments by market players towards online order management systems. Companies are investing in these systems to create effective vendor management and CRM in order to enhance the regional market size. In 2019, the China regional segment dominated the overall market by accounting for more than 45% of the industry share.

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