Australian Automotive Aftermarket Trends, 2018

Consolidation of Large Distributors Leads to the Evolution of a Two-step Channel

The Australian automotive aftermarket parts distribution is witnessing a steady growth.

Australia has some of the leading Original Equipment Suppliers (OES) who are continuously on the lookout for establishing their mark in the region’s aftermarket space with mergers and acquisitions in the region. The Author explores Australian aftermarket space- key competitors, distributors & suppliers and their revenues. This Research profiles giant automotive retailers in aftermarket and also the respective distribution scene. The research report also gives insights on supplier- retailer partnerships or joint ventures, key retailers acquisition and trends of eRetailing in aftermarket.

There has been significant shift in dynamics in the Australian region due to eventualities and developments such as:

• Major OEMs moving out of Australia or shutting down
• Acquisitions
• Joint Ventures
• The region’s first ‘connectedworkshop’,
• eCommerce giants entering the Australian eRetailing market

This research includes an analysis of vehicles in operation, vehicle ownership, aftermarket replacement revenues for top part categories, and also provides information on eRetailing in the automotive aftermarket in Australia. Analysis of Mega Trends such as autonomous vehicles impacting the Australian automotive aftermarket, with a specific focus on eRetailing in the aftermarket ecosystem, is also included in the research. Specific conclusions and an outlook are also presented, along with identifying strategic imperatives for different market participants, keeping the outlook at the forefront.

The Australian automotive aftermarket is in the mature stage of its market cycle where revenue growth has been plateauing. With auto parts eRetailing gaining penetration, there will be a major shift in focus from local retailers to online shopping for parts. In addition to digitization, the country is also expected to experience the impact of global Mega Trends such as autonomous vehicles and electrification, which will eventually trickle down to consumer parts retail in the aftermarket.

• Aftermarket Parts Revenue - $ 11 Billion
• Aftermarket eRetailing Revenue - $ 0.48 Billion

The base year for this analysis is 2017 and the forecast period is 2018 to 2025. All revenue and financial information is provided in AUD.

Research Scope

The aim of this study is to identify the size and direction of the Australian automotive parts and services aftermarket, and its growth opportunities until 2025.

Key Features

The core objectives of the study are the following:

• To calculate the size of the Australian automotive aftermarket through analysis of Average Vehicle Kilometers Traveled, Average Age of Vehicle and VIO
• To update the main research findings for the Australian automotive aftermarket
• To identify the main industry trends in the region
• To determine which segments will see the highest growth potential
• To analyze the effect of Mega Trends such as e Retailing solutions on the demand for aftermarket parts and services
• To predict major benchmarks that the global aftermarket will achieve in 2018 and beyond

Key Issues Addressed

• What are the main factors that will influence the size and direction of the Australian automotive aftermarket in 2018?
• What are the automotive outlook changes (Sales, VIO) that are likely to occur by 2025?
• What were the developments in the Australian automotive aftermarket in 2017 and what is their impact?
• What is the outlook for eRetailing between 2017 and 2025?
• What will be the emerging trends in the Australian automotive aftermarket space between 2017 and 2025?