Auto Parts Retail Market Size & Share 2025 - 2034

Auto Parts Retail Market Size

The global auto parts retail market size was valued at USD 525.8 billion in 2024. The market is expected to grow from USD 548.4 billion in 2025 to USD 1.31 trillion in 2034 at a CAGR of 10.2%, according to latest report published by Global Market Insights Inc.

The growth of digital commerce is transforming the aftermarket from a profit-focused retail service model to a mixed omnichannel environment. Retailers are continuing to use e-commerce strategies, expanded online storefronts, adopting AI-driven product recommendations, and last-mile delivery partnerships. Collectively, these actions are establishing the use of click-and-collect services, subscription-based auto-part delivery services, and predictive inventory services.
 

New EU Circular economic directives on reducing waste and recycling are taking effect and directly impacting the aftermarket by mandating greater use of remanufactured and recycled auto parts. This creates huge demands for remanufactured brake functions, refurbished batteries, and sustainably sourced packing, while promoting partnerships between OEMs, recyclers, and the retail supply chain, driven by regional environmental standards.
 

A strong trend in the global auto parts retail marketplace is the increasing prevalence of connected vehicle services. Vehicles are now equipped with telematics and IoT systems, and retailers and service organizations are using real-time data from these systems to predict maintenance, alert customers regarding when to replace parts, and offer personalized services, enhancing customer convenience and engagement after sales.
 

The shift towards hybrid and battery electric vehicles has resulted in local demand toward high-voltage batteries, electric drivetrains, thermal management systems and lubricants capable of supporting B-EVs. Vendors are extending into charging accessories, EV-centric filters, and energy-storage-related components.
 

North America and Europe remain the pioneer of innovation, with their strict regulatory guidelines, huge R&D ecosystems and growing EV adoption. In August 2023, O'Reilly Auto Parts announced an AI-powered inventory management tool that uses predictive analytics to forecast/demand for EV parts. The Asia Pacific continuum is exhibiting high growth in industrialization, increased vehicle ownership, and an active local supply chain for aftermarket parts. Local retailers/vendors are partnering with supplier/vendor bases to create a lower-cost, scalable solution for passenger and commercial vehicles in both India and Southeast Asia.
 

Auto Parts Retail Market Trends

The transition to EV and hybrids is having an impact on the aftermarket, by generating strong demand for high-voltage batteries, thermal management products, and charging accessories. Beginning in 2021, worldwide OEMs and Tier-1 suppliers have invested in EV programs and started building their EV inventories and relations with battery recycling firms and charging networks.
 

The integration of ADAS and connected systems into aftermarket merchandise is gradually gaining traction. Radar, camera, and sensor calibration tools are now common throughout auto parts stores. Since 2020, the demand for ADAS retrofits has expanded and through 2028, independent repair shops and fleet operators will generally offer sensor kits and infotainment updates to customers as standard garage aftermarket offerings.
 

The digitalization of retail channels is picking up pace. Before the pandemic retail sales were driven primarily by in-store purchases by car repair businesses and trades. After COVID-19 , curbside drop-offs, with mobile order apps, and direct-to-consumer taking place. By 2026, there will be an omnichannel engagement model that integrates physical and digital touchpoints that would become normal for customer experience in developed markets.
 

In DIY and aftermarket space, portable and modular offerings are rising, which is driven by increasing vehicle complexity, facilitating consumer self-service, with meeting independent garage demand. Since 2023, products such as AutoZone's DIY diagnostic kits and Bosch's connected service tools have generated significant interest.
 

Auto Parts Retail Market Analysis

Based on product, the auto parts retail market is divided into replacement parts, accessories & customization and consumables. The replacement parts segment dominated the market, accounting for around 57% in 2024 and is expected to grow at a CAGR of over 9% through 2034.
 

• Replacement parts (which include filters, brake linings, belts, lubricants) are still the largest category, since they represent the highest level of recurring demand for after vehicle purchase and are considered core stock keeping units (SKUs) for organized retailers and independent garages and workshops on a global scale.
   
• Accessories and customization parts is designated as a growing segment of the aftermarket driven by consumer interest in vehicle personalization, infotainment improvement and comfort upgrades with a CAGR of around 12%. While accessories and customization parts remain less critical than replacement parts, they appeal to a younger customer base and benefit from rising disposable incomes among the emerging economy and middle-class consumers, driving incremental growth in the automotive aftermarket.
   
• In consumables segment which encompasses motor oils and lubricants, coolants and fluids, tires, and wipers is moving towards premium and high-performance products. Higher performance standards in vehicles, longer service intervals, and sustainability are leading consumers and fleet operators to expect and/or demand synthetic oils, longer life coolants, eco-friendly tires, and more durable wipers.
   
• An important trend in the replacement parts segment of the market is the increasing use of remanufactured and certified aftermarket components. The increasing average age of vehicles, cost-sensitive consumers, and growing regulatory support for sustainable approaches to vehicle servicing has increased demand for high quality, cost-effective replacement parts to the vehicle OEM.

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Based on vehicle, the auto parts retail market is segmented into passenger cars, commercial vehicles and two-wheelers. The passenger cars segment dominates the market with 60% share in 2024, and the segment is expected to grow at a CAGR of over 10% from 2025 to 2034.
 

• Passenger vehicles make up the largest share of the market, as parts retailers are experiencing strong demand for replacement parts such as filters, brakes, lubricants, and batteries due to trends such as the growing vehicle parc and increased consumer preference for personalization and convenience. The rise of EV adoption in the passenger vehicle market is changing the way organized retailers stocking high-voltage batteries, charging accessories, and EV-only fluids.
   
• For example, global passenger vehicle registrations were approximately 74.4 million units in 2024, representing a growth rate of 1.8% over 2023 and an increase in aftermarket demand.
   
• Although commercial vehicles account for a smaller share of the global auto parts market, they are highly price sensitive. Fleet operators and logistics firms seek to buy durable and low-cost parts while complying with compliance measures for tire, brake system, filter, and battery replacements. Organized retailers and distributors are beginning to develop this sector by providing value-added services, bulk buying solutions, and predictive maintenance parts.
   
• The two-wheel segment is growing quickly across emerging markets, with a CAGR of 11.3%. Strong demand is fueled by the high population of motorcycles and scooters in countries such as India, Indonesia, Vietnam, and Nigeria. High turnover in consumables, such as tires, chains, brake pads, spark plugs, and batteries, makes the two-wheeler parts segment lucrative.
   

Based on distribution channel, the auto parts retail market is segmented into offline/retail stores and online channels. The offline/retail stores segment is expected to dominate the market with 435.2 billion market, driven by accessibility, trust, and immediacy.
 

• Offline/retail stores continue to be the heart of the auto parts retail market, due to customer trust, product availability, and service. Both independent garages and professional service centers draw on retail stores for regular replacement parts, consumables, and accessories and cover ICE, hybrid, and EV vehicles. Retail stores have strong footing in areas of high vehicle parc, as well as established networks of workshops.
   
• Offline stores lead the commercial and fleet markets, where bulk selling, packaged service offerings, and personal service with fleet offerings have a significant impact. Parts such as alignment kits, brake systems, and batteries are essential parts of the offline channel sales mix.
   
• The fastest growing part of the auto parts retail market goes to online channels with a CAGR of 12.6%, driven by e-commerce, mobile apps, and digital platforms. Online channels are growing stronger with young tech-savvy consumers, traditional "DIY" consumers, and early EV owners, as they seek home delivery or subscription services for replacing parts and using predictive analytics.
   
• In 2024, Autodoc, a German online car parts retailer, achieved a quick growth of online auto parts sales. The company adjusted EBITDA for the first half of 2025 rose 12.5% year on year, reaching €80.9 million (around $95.40 million). The growth was driven by huge sales in key Southern European markets, mainly Japan, France, Spain, and Portugal.
   

Based on end use, the auto parts retail market is segmented into DIY (Do-it-yourself) customers, DIFM (Do-it-for-me) customers via service centers & garages. The DIY (Do-it-yourself) customers segment is expected to dominate the market with a share of 58%, due to increasing consumer preference for cost savings, growing awareness of vehicle maintenance, easy availability of online tutorials, and wider access to aftermarket parts through e-commerce channels.
 

• The DIY segment remains strong with huge interest from consumers seeking cost-savings, convenience, and direct control over vehicle maintenance. Growth is further aided by increased access to online tutorials, e-commerce portals with easily accessible parts, and more consumers interested in aftermarket parts.
   
• In 2025, multiple consumers in the US shift toward Do-It-Yourself (DIY) methods to perform basic vehicle maintenance to save the additional costs incurred by simple tasks, such as an oil and filter change. Based on retail sales performance statistics, sales of motor oil on the DIY channel continued to increase for five consecutive years, reflecting the economic pressure toward DIY and the access to inexpensive parts and tools in the aftermarket.
   
• The DIFM segment continues to grow, as busy consumers and owners of complex modern vehicles actively seek professional assistance for repairs at garages and service centers. Gradually increasing vehicle electrification, advanced technology, and safety regulations, also fuel demand for workstation technicians.
   
• In June 2024, CarParts.com launched its marketing campaign “now that’s my speed,” promoting access to over one million parts, via its app. The target market for the campaign is the Do-It-Yourself (DIY) consumer, purchasing inexpensive, high-end parts, with the intent to “keep you on the road fast.”

The US auto parts retail market reached USD 203.8 billion in 2024, growing from USD 197.5 billion in 2023.
 

• The US is the leader in the North American auto parts retail industry, due to its large vehicle parc, high ownership levels of SUVs and light trucks, and increasing electric vehicle adoption. This drives demand for replacement parts like tires, batteries, filters, and advanced electronic components in OEM and aftermarket channels.
   
• Currently, the US is the most developed and mature auto parts market in the world due to its robust supply and retailer networks, as well as information-driven consumers that are very aware of their vehicles and related technology in terms of safety, performance and convenience.
   
• The US auto part retail market has many growth opportunities ahead due to regulatory compliance thresholds, the growth of EVs, and digital adoption. The demand focuses on technological advancements as well as on online platforms and predictive analytics tools, including high-quality replacement parts.
   

The North America auto parts retail market dominated the with a revenue share of 42.9% in 2024.
 

• In North America, strong demand for auto parts in the retail space is driven by the growing vehicle population, with the presence of SUVs and light trucks. OEMs and aftermarket suppliers are making large investments in inventory adequacy, distribution, and digital technologies to meet consumer expectations related to convenience, safety, and performance.
   
• Canadian auto part retail is showing solid growth of 8.7% CAGR because of increasing vehicle ownership, urbanization, and a growing aftermarket space. The online retail surge has opened greater access to underserved markets.
   
• In retail parts, the usage of advanced technologies is increasing rapidly, with retailers using predictive analytics and connected supply chain capabilities, as well as launching an electric vehicle (EV) compatible product line for both OEMs and the aftermarket. There is also high demand for batteries, tires, and ADAS parts in the premium/electric vehicle segments in US.
   
• Article infrastructure, regulatory standards and consumer awareness are making North America a benchmark for the retail of auto parts. North America is still a market leader for digital adoption routes to retail, omnichannel distribution strategies, and aftermarket support for EVs, as the area continues to be a hotbed for innovation and consumer-specific service.
   

Europe auto parts retail market accounted for USD 71 billion in 2024 and is anticipated to show lucrative growth over the forecast period.
 

• In 2024, Europe was the second largest automotive parts retail market in the world, with a CAGR of 8.8%. The expansion is driven by strict EU regulations on vehicle safety and emissions which lead to growth in automotive components compatible for hybrid or electric vehicles.
   
• Germany, Italy and France continue to be the leaders, with their strong OEM base and premium vehicle production. Germany has strong aftermarket demand, Italy supports premium and performance parts from suppliers like Brembo, while France has OEM's like Renault and Stellantis to support new mobility solutions for the aftermarket.
   
• Central and Eastern Europe is an emerging market of considerable growth. Poland, Hungary, and the Czech Republic are expanding their aftermarket ecosystems, as well as building new distribution and production centers across the region. These countries are also significantly contributing to the export market and influence the demand in the retail space in general in the region.
   

Germany dominates the auto parts retail market, showcasing strong growth potential, with a CAGR of 7.0%.
 

• Germany is Europe’s largest auto parts retail market, fostered by a concentration of premium OEMs, including Volkswagen, BMW and Mercedes-Benz, and a solid Tier-1 supplier network. High levels of vehicle ownership and production lead to continued demand for replacement parts, batteries, tires, brake parts and accessories required for electric vehicles in Germany.
   
• German retailers and distributors are investing in inventory, digital platforms, and service networks, driven by rising consumption from the all-electric vehicle transition, stricter EU Euro 7 regulations, and the growing demand for low-emission aftermarket components.
   
• The country’s push for electric mobility escalates demand for products designed for electric vehicles, such as high-voltage batteries, regenerative braking products and connected diagnostic accessories. Retailers are developing new bundling opportunities, which include installation and maintenance services, in support of OEM and independent workshops.
   

The Asia Pacific auto parts retail market is anticipated to grow at the highest CAGR of 11.4% during the analysis timeframe.
 

• The auto parts retail segment in the Asia Pacific region is the fastest growing region in the world, and is driven by growing urbanization and overall vehicle production. OEMs, workshops and independents are making significant investments in replacement parts, batteries, tires and EV-component parts to meet growing consumer needs and regulatory requirements.
   
• After China, India and Japan offer the greatest market opportunity, but with different characteristics. India is experiencing a burgeoning middle class, a very large two-wheeler fleet, and an expanding passenger car market; therefore, there is a strong demand for low-cost parts and accessories. Japan is geared towards high-performance and premium vehicles thus driving demand for technologically advanced components and imported aftermarket products.
   
• The Asean bloc; particularly Thailand, Indonesia and Malaysia, is also providing solid contribution to regional growth. Thailand, dubbed the "Detroit of Asia," the leader in producing light trucks and passenger vehicles, therefore creating demand for replacement parts and workshop support. Indonesia has a growing SUV market which is driving demand for brakes, tires and alignment service with a local road condition focus.
   
• Both traditional retail stores and digital channels are rapidly growing, with online marketplaces beginning to complement traditional distribution channels for increased access, predictive ordering, and more product offerings.
   

China is estimated to grow with a CAGR of 10.6%, in the Asia Pacific auto parts retail market.
 

• China is the largest auto parts retail industry in Asia Pacific driven by high domestic production of ICE and EVs. In China, the existing high vehicle ownership and increasing adaptation rates of EVs are all driving demand to grow rapidly for replacement parts, batteries, tires, brake components, battery chargers and associated products for EVs.
   
• Domestic OEMs are starting to make investments in aftermarket parts that are ready for retelling and digital distribution. Domestic OEMs are also focusing on production for sustainable and low emissions products, including copper free brake pads and performance parts.
   
• In August in 2025, the Automotive Testing Expo China 2025 affirmed the region's commitment for innovation, highlighting new products and partnerships by OEMs across the globe including AVL China, Horiba China and Bosch.
   
• China's larger scale, regulatory push, and high penetration of EVs are setting the benchmark for established retail auto parts markets across Asia Pacific. Both offline and online retail channels are expanding rapidly, driven by increasing consumer adoption of electric vehicles, government incentives, and the integration of digital platforms for seamless parts distribution and aftersales services.
   

Latin America auto parts retail market accounted for USD 34 billion in 2024 and is anticipated to show lucrative growth over the forecast period.
 

• The retail market for automotive retail parts in Latin America is experiencing 7.8% CAGR, stimulated by the large and aging vehicle parc with an increase in vehicle ownership.
   
• Mexico and Argentina are the main contributors to the market. Mexico is regarded as an important export and manufacturing hub for OEM vehicle manufacturers including GM, Nissan, and Volkswagen. Therefore, a high demand for both OEM and aftermarket auto parts is likely present. The domestic automobile market in Argentina is intensive, and the strong automobile culture, coupled with localized production, contributes most to the aftermarket segment. Although Argentina is smaller than Mexico, the country is becoming more aligned with Mercosur standards and is enhancing local production and technical arms in the auto parts area.
   
• Some emerging markets including Chile, Colombia, and Peru, appear to have growth potential. Urbanization, increased demand for servicing vehicles, and middle-class purchasing users are positively impacting growth in the aftermarket space. In addition, vendors with established distribution networks, and more evenly balanced economy and premium portfolios will likely be in the best position to capitalize on growth in these fragmented and growing markets.
   

Brazil is estimated to grow with a CAGR of 6.8%, in the Latin America auto parts retail market.
 

• The increased use of flex-fuel and hybrid vehicles in Brazil is having an impact on auto parts retailing. There is rising demand for specialized products like brake pads for hybrids, battery systems, and parts related to emissions. Local manufacturers are adjusting their offerings by providing copper-free, low-dust products designed for Brazilian fuel bi-fuel combinations and urban driving styles, while retailers add to their range of products to meet evolving needs with the customer base.
   
• In Brazil, the independent aftermarket is robust and is growing, with a reported total of more than 45 million cars on the road. Retailers and service shops are investing in a wide selection of products, portable diagnostic-related components, and replacement items for base safety, such as brake pads or alignment. The broader use of digital technology for mobile retailing has improved access to aftermarket components and services both in urban and semi-urban context to develop an ecosystem towards the distribution of both OEM parts providers and the repair shop.
   
• Overall, the international suppliers like Bosch, TRW, and Brembo have extended their partnerships with Brazilian OEMs and aftermarket distributors. The partnership focuses on increased supply chain reliability, expanded product availability and delivery, and premium products (such as ADAS compatible components or premium brakes). With Brazil's strong foundation of manufacturing, regulations, eroding standards, this space will support either mass or premium aftermarket demand.
   

The Middle East and Africa accounted for USD 13.9 billion in 2024 and is anticipated to show lucrative growth over the forecast period.
 

• In 2024, the Middle East and Africa region (MEA) represented 2.7% of total auto parts retail share globally, fueled by considerable levels of commercial vehicle activity, severe driving conditions that heighten the wear-and-tear of auto parts, and the desire for economic diversification in the Gulf countries. A strong demand for various components like brake pads, filters, batteries, and parts related to diagnostics is expected in both OEM and aftermarket channels.
   
• In addition, the aging fleets of light and heavy-duty vehicles show a steady stream of aftermarket business, particularly in diagnostics, suspension, and safety components.
   
• The UAE and Saudi Arabia account for the largest share of the regional auto parts retail market, as both exhibit large commercial vehicle fleets, high value of vehicle ownership and prestigious dealership networks. The UAE shows a strong demand for high-value parts and systems with their huge number of luxury vehicles and high mile-age taxi fleets. In Saudi Arabia, ownership of heavy commercial vehicles generates sizeable sales in brake, alignment and cooling systems that are designed to withstand extreme usage and desert-like conditions.
   

South Africa to experience substantial growth in the Middle East and Africa auto parts retail market in 2024.
 

• South Africa has a strong aftermarket automotive parts market, driven by high used vehicle imports, extended travel distances, and vehicle diversity, including passenger cars, trucks, and mining equipment. These factors are the key reason for demand for replacement parts such as filters, brake pads, batteries, and suspension parts in urban and industrial environments.
   
• Aging vehicles and poor road conditions contribute to brake wear and accidents. resulting to strong after market, with significant demand for safety-related parts such as brake components including alignment kits or replacement tires. This allows lower-cost maintenance of older vehicles, so they remain roadworthy while passing safety checks.
   
• The aftermarket is significantly more important than OEM in South Africa, as cost-sensitive customers and fleet operators need less expensive and available replacement parts, to keep vehicles operational as long as possible. Those retailers and distributors who carry broad product portfolios and a strong urban/rural presence are best positioned to capitalize on this additional demand.
   

Auto Parts Retail Market Share

The top 7 companies in the auto parts retail industry are AutoZone, O’Reilly Automotive, Genuine Parts Company, LKQ Corporation, Advance Auto Parts, Bosch and Michelin contributing 16% of the market in 2024.
 

• AutoZone is the leading auto parts retailer in the US, with thousands of stores located throughout North America, Brazil, and Mexico. AutoZone holds a leading role in market, with a share of 4% due to its breadth of replacement parts, accessories, and maintenance products. The scale of AutoZone's operations and the size of its retail footprint provide it with competitive advantages, which are supported by AutoZone's growing commercial segment serving independent repair shops, as well as fleet and other business entities.
   
• O'Reilly Auto Parts is also a significant aftermarket retailer in the US, supported by hundreds of retail store locations and distribution centers that serve both do-it-yourself (DIY) customers and independent professional installers. O'Reilly's effectiveness can be attributed to its efficient logistics model, its competitive price structure, and a well-calibrated balance of sales between retail and commercial. O'Reilly generates strong sales from replacement parts, filters, and even brakes, and its market position aligns with two substantial growth trends: vehicles are aging and with aging vehicles, repairs will become increasingly complex.
   
• Genuine Parts Company, recognized for its NAPA Auto Parts brand, is an international distributor of automotive and industrial replacement parts. Its market position is built from a combination of wholesale distribution, retail operations, and relationships with professional repair networks. GPC operates in North America, Europe, and Australasia, contributing to its diverse revenue stream. This company promotes customer loyalty programs and value-added services for repair shops in hopes of promoting long-term growth.
   
• LKQ Corporation is an international leader in wholesale alternative and recycled aftermarket auto parts serving collision repair, mechanical replacement, and specialty markets. LKQ has established a strong supply chain in North America and Europe, with expanding markets for salvaged, refurbished and aftermarket products. LKQ's competitive advantage comes in the form of low-cost parts with a sustainability focus and full availability of inventory.
   
• Advance Auto Parts is the lead retailer and distributor of aftermarket parts, accessories and repairs in the US, serving both the DIY and professional installer market. Advance Auto Part also operates under multiple brands, including Advance Auto Parts, Carquest and Worldpac, providing wholesale and retail distribution. Company growth is driven by a national supply chain, digital commerce initiatives and investments in commercial delivery programs.
   
• Bosch can provide a range of braking systems, filters, batteries, sensors, and electronics, supplying both OEMs and aftermarket clients. Bosch is a reputable brand known world-wide for quality, innovation, and trustworthiness. Bosch leads in advanced technologies for the aftermarket, including components related to EVs and sensors related to ADAS. The company has a huge network of distribution and digital channels and is driven to develop sustainable products in the market. Bosch is committed to different parts of the evolving auto parts industry with high-quality aftermarket support.
   
• Michelin, as a world-renowned tire manufacturer, maintains its strength in the automotive parts retail category through its large portfolio of tires. Michelin is well recognized for its superior quality, long-lasting durability, and advanced safety features for passenger cars, trucks, and specialty vehicles around the world. In addition to tires, Michelin is positioning itself for growth in mobility services and opportunistically to grow tire functionality using connected screens and sustainable solutions where they are developing 'green' and trackable tires.
   

Auto Parts Retail Market Companies

Major players operating in the auto parts retail industry are:

• Advance Auto Parts
• AutoZone
• Bosch
• Canadian Tire / PartSource
• Discount Tire
• Genuine Parts Company
• Goodyear Tire & Rubber Company
• LKQ Corporation
• Michelin
• O’Reilly Automotive

• AutoZone and O'Reilly Auto Parts are the largest auto parts retailers in the US, capitalizing on large retail chains, commercial delivery initiatives, and private label strategies. O'Reilly Auto Parts grows with smart logistics and efficient service for professional installers while strategically managing the do-it-yourself (DIY) and do-it-for-me (DIFM) customer segments. These companies with their e-commerce platforms are developing same-day delivery programs to stay Advance Auto Parts and Genuine Parts Company (NAPA Auto Parts) are both diversified businesses with important wholesale and retail businesses.
   
• Advance Auto Parts is growing its business through banners like Carquest and Worldpac to further serve local installers and grow its wholesale business while Genuine Parts Company looks to use the strength of its international NAPA brand in North America, Europe, and Australasia. Advance Auto Parts and Genuine Parts Company are investing in digital supply chains and customer loyalty programs. These investments provide competitive advantages in serving both the DIY consumer segment and professional repair networks around the world.
   
• Both LKQ Corporation and Canadian Tire / PartSource have their own unique position to channel auto parts in a retail environment. LKQ has remarkable presence in the recycled, remanufactured, and aftermarket component space, as they cater to value-conscious customers while serving sustainability goals. Particularly, Canadian Tire is an overall Canadian market leader in retail and distribution to everyday consumers and to repair professionals through their Part Source subsidiary. Together, the two companies represent the strength of regional specialization LKQ through sustainable sourced components globally, and Canadian Tire through retail expertise in Canada.
   
• Bosch and Michelin also demonstrate a strong brand authority internationally in the aftermarket space, with their premium products offerings. Bosch has a range of brake systems, filters, batteries, and sophisticated electronics that maintain their OEM credibility to retail distribution. Michelin, the most recognized global tire replacement company, operates in time premium, durable, and sustainable tire technology and is expanding to mobility services.
   
• Discount Tire and Goodyear Tire & Rubber Company serve as main players to the retail segment of tires with broad distribution networks. Discount Tire is the largest independent tire retailer in the US and is recognized for its strong physical footprint and customer-first model, while Goodyear complements its manufacturing strength with some branded retail stores and wholesale partnerships. In addition to a favorable backdrop of rising vehicle ownership and replacement cycles, both companies focus on strategies emphasizing convenience, tire innovation, and increasingly deliver service offerings – alignments and diagnostic issues – at point of sale.
   

Auto Parts Retail Industry News

• In December 2024, Discount Tire announced a multiyear partnership (2024-2026) with the Elite Clubs National League (ECNL) to become the Official Tire Retailer of the youth soccer organization intended to drive a brand-partnership campaign to connect with younger consumers and reach a wider audience.
   
• In December 2024, Bosch expanded its aftermarket portfolio by adding 79-part numbers related to automotive service including sensors, brakes, spark plugs and more expanding coverage to about 52.9 million vehicles on the road and increasing availability to Bosch’s aftermarket products.
   
• In May 2024, LKQ Corporation announced plans to sell its Elit Polska unit based in Poland to Sweden's MEKO as part of its strategy to optimize its portfolio and reorganize the region to concentrate on core activities.
   
• On April 30, 2024, Genuine Parts Company disclosed the purchase of Motor Parts & Equipment Corporation (MPEC), the largest NAPA independent store operator in the United States, effective continuing GPC’s union to own more stores in our priority markets and enhance our retail presence in the United States.
   
• In January 2024, Goodyear and ZF announced a partnership to advance tire intelligence and vehicle motion-control technologies, combining expertise in tire sensing and vehicle dynamics for next-generation tire intelligence systems to enhance safety and motion control.
   

The auto parts retail market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and shipments (units) from 2021 to 2034, for the following segments:

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Market, By Product

• Replacement parts
  • Engine components
  • Transmission & drivetrain components
  • Brake parts
  • Suspension & steering parts
  • Exhaust components
  • Electrical components 
• Accessories & customization
  • Interior accessories
  • Exterior accessories
  • Performance parts
• Consumables
  • Motor oils & lubricants
  • Coolants & fluids
  • Tires & wipers

Market, By Vehicle

• Passenger cars
  • Hatchback
  • Sedan
  • SUV 
• Commercial vehicles
  • Light commercial vehicles (LCV)
  • Medium commercial vehicles (MCV)
  • Heavy-duty commercial vehicles (HCV)
• Two-wheelers

Market, By Distribution Channel

• Offline/retail stores
  • Specialty auto part shops
  • Authorized dealerships
  • Mass merchandisers 
• Online channels
  • E-commerce platforms
  • Dedicated auto part portals

Market, By End Use

• DIY (Do-It-Yourself) customers
• DIFM (Do-It-for-Me) customers via service centers & garages

The above information is provided for the following regions and countries:

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
  • Poland
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Vietnam
  • Indonesia
• Latin America
  • Brazil
  • Mexico
  • Argentina 
• MEA
  • South Africa
  • Saudi Arabia
  • UAE