Global Automotive E-Tailing Market to Reach $59.5 Billion by 2023

Global automotive E-Tailing market high is likely to grow from $26,064.0 million in 2016 to $59,485.0 million by 2023. The rapidly growing automotive industry especially in emerging economies of Asia-Pacific, Africa and Latin America is generating significant demand for automotive E-Tailing.

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The Asia-Pacific E-Tailing market is expected to grow at a CAGR of 13.7% supported by the largest market in China followed by India and Japan in during the forecast period. Such growth is likely to be driven by increase in GDP and rapid economic growth in developing countries such as India and China.

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Some of the key players in the global automotive E-Tailing market include Advance Auto Parts, Alibaba Group Holding Limited, Inc., Delticom AG, O’Reilly Auto Parts, Flipkart and eBay.

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