E-Commerce Automotive Aftermarket in U.A.E Grow at 14.8% CAGR till 2025 Says P&S Intelligence
NEW YORK, March 16, 2021 /PRNewswire/ From around 194,000 in 2017, vehicle sales in the U.A.E. rose to 263,000 units in 2019. The growing automotive industry will be a key enabling factor for the growth of the e-commerce automotive aftermarket in U.A.E from $318.2 million in 2020 to $634.4 million by 2025, at a 14.8% CAGR between 2020 and 2025. As more vehicles are sold, the demand for their replacement components will also rise.
Moreover, the U.A.E. e-commerce automotive aftermarket is being driven by the increasing internet penetration in the country. Online shopping websites allow customers to compare various products on one platform, avail of heavy discounts and other offers, pay electronically, and have the products delivered at their doorstep.
E-Commerce Automotive Aftermarket in U A E Grow at 14 8% CAGR till 2025 Says P&S Intelligence
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E-Commerce Automotive Aftermarket in U A E Grow at 14 8% CAGR till 2025 Says P&S Intelligence
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