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Wholesale and Distribution Automotive Aftermarket Market Analysis 2023 - Global Insights, Industry Demand, Growth Trends And Outlook By 2032
Wholesale and Distribution Automotive Aftermarket Market
Wholesale and Distribution Automotive Aftermarket Market Size, Growth Rate, And Forecast
The global wholesale and distribution automotive aftermarket market size grew from $212.33 billion in 2022 to $225.27 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wholesale and distribution automotive aftermarket market size is expected to grow to $274.59 billion in 2027 at a CAGR of 5.1%.
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Wholesale and Distribution Automotive Aftermarket Market Drivers
The growing automotive industry is driving the wholesale and distribution automotive aftermarket. The automotive industry comprises a diverse group of businesses and institutions engaged in the design, development, production, marketing, and sale of automobiles. Consumers' changing interest and preference motivates automobile manufacturers to manufacture various styles and lines of automobiles.
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Wholesale and Distribution Automotive Aftermarket Market Segments
• By Replacement Part: Tire, Battery, Brake parts, Filters, Body Parts, Lighting and Electronic Components, Wheels, Exhaust Components, Other Replacement Parts
• By Certification: Genuine Parts, Certified Parts, Uncertified Parts
• By Distribution Channel: Retailers, Wholesalers, Distributors
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Wholesale and Distribution Automotive Aftermarket market.
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Wholesale and Distribution Automotive Aftermarket Market Key Players
Major competitors in the Wholesale and Distribution Automotive Aftermarket market include 3M Company, Continental AG, Denso Corporation, Robert Bosch GmbH, Magneti Marelli S.p.A., Delphi Automotive PLC.
The Business Research Company's "Global Wholesale and Distribution Automotive Aftermarket Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Wholesale and Distribution Automotive Aftermarket Market Include:
1. Executive Summary
2. Wholesale and Distribution Automotive Aftermarket Market Characteristics
3. Wholesale and Distribution Automotive Aftermarket Market Trends And Strategies
4. Wholesale and Distribution Automotive Aftermarket Market - Macro Economic Scenario
5. Wholesale and Distribution Automotive Aftermarket Market Size And Growth
.......................
26. Africa Wholesale and Distribution Automotive Aftermarket Market
27. Wholesale and Distribution Automotive Aftermarket Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wholesale and Distribution Automotive Aftermarket Market
29. Wholesale and Distribution Automotive Aftermarket Market Future Outlook and Potential Analysis
30. Appendix
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