Press release
Specialty Category To Grow the Fastest in the U.A.E E-Commerce Automotive Aftermarket
As stated by a market report by the P&S Intelligence, U.A.E. e-commerce automotive aftermarket will grow at a compound annual growth rate of 14.8% in the years to come.The main factors accountable for the growth of the industry comprise growing customer consciousness and suitability, surging count of DIY customers, growing count of road accidents, and increasing sales of vehicles, in the nation.
The lubricant category will grow the fastest in the years to come. This can be credited to the increasing requirement to advance performance of vehicles, and therefore, it is essential for owners to get the vehicles serviced regularly for smooth running of the vehicles.
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The specialty shops category, will grow the fastest in the years to come. Being precise product centers, these stores save the time of customers, as the clienteles can directly visit the stores specific to the desired products. Accompanied by the occurrence of manifold brands and advanced scope of price negotiations, the preference for these stores will rise in the coming years.
While the customer preference in the direction of an online e-commerce automotive market platform is not decisively clear, the present trend in the U.A.E. e-commerce automotive aftermarket is a snowballing preference amongst customers toward the click-and-mortar retailing, suggesting traditional retailers with an online presence, which lets the customers to purchase online and pick up from the stores.
Click-&-mortar retailing syndicates the e-commerce platforms with the brick & mortar stores and industries, thus mutually mitigating the disadvantages exclusive to either. This way e-commerce platforms let retailers to generate an online occurrence and upload their inventory online, making it easier for reaching customers.
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Additionally, as per the WHO, safe vehicles play a perilous role in avoidance of crashes and reducing accident volume. Therefore, it is suggested to recurrently check vehicle's general health and do the essential replacements for the accident prevention.
It is because of the increasing number of road accidents in the country, the demand for e-commerce automotive aftermarket will continue to grow in future.
About P&S Intelligence
P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.
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