Auto Parts Wholesaling in the US - Industry Market Research Report

Auto Parts Wholesaling in the US - Industry Market Research Report
Auto Parts Wholesaling in the US

Revenue for the Auto Parts Wholesaling industry has grown at an estimated CAGR of 1.4% to $266.8 billion over the five years to 2023, including 1.0% growth in 2023 alone, as the number of motor vehicle registrations and per capita disposable income both rise. Amid widespread stay-at-home orders, unemployment spiked in 2020, discouraging consumers from making large purchases, including automobiles. However, while some consumers are driving less due to working from home, demand for auto parts has rebounded along with vehicle registrations. Still, industry profit, measured as earnings before interest and taxes, has fallen as wholesalers haven't been fully able to pass along rising costs.

This industry comprises operators that sell automotive parts wholesale to automobile manufacturers, automotive parts retailers and auto service providers. Sales of new tires and tubes are not included.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.