Automotive Aftermarket Parts Distributors and Retailers, North America, 2024

Description

eCommerce and Private Label Brands Are Driving Transformational Growth by Strengthening Competitors Market Positions and Enhancing Their Profitability While Improving the Overall Customer Experience

This study examines major automotive aftermarket parts distributors and retailers in North America (the United States and Canada) between 2019 and 2023. The research highlights the trends, impact of technological evolution, shifting market dynamics, and product and customer engagement.

By profiling key distributors and retailers, this study explores and benchmarks their strategic initiatives to address online competition and other market trends. Key findings show consistent revenue growth for AutoZone and O'Reilly Auto Parts. The report also compares the growth of DIY (do-it-yourself) and DIFM (do-it-for-me) sales across North America.

A major upcoming trend discussed is the shift toward CASE (connected, autonomous, shared, and electric) vehicles, including a comprehensive overview of the industry's preparedness and growth opportunities. The research highlights increasing focus on customer experience, market expansion, and technological advancements that are essential for navigating the evolving North American automotive aftermarket landscape.

Key Issues Addressed

What were the main trends in the automotive distribution landscape from 2019 to 2023, and how are new technologies impacting distribution channels and their evolution?
Who are the important distributors, buying groups, and retailers in North America, and what are the main automotive part portfolios?
What are the supplier–distributor dynamics and main supplier–distributor partnerships in NA’s aftermarket supply chain?
What is the magnitude of aftermarket business potential through distributor benchmarking, and how is the business model evolving with emerging partnerships in the retail and supply chain ecosystem?
How do eCommerce, DIY trends, private labeling of auto parts, and regional socio-political developments impact distribution and sales in the aftermarket?

Product Code: KA75-41

Transformation in Automotive Parts Aftermarket

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Strategic Profiling and Benchmarking of Key Automotive Aftermarket Parts Distributors and Retailers

Ecosystem

Competitive Profiling of Key Aftermarket Parts Distributors and Retailers in North America (NA)
Key Retailers and Distributors Considered in the Study
Key Selection Criteria: Benchmarking of Retailers and Distributors
Key Questions the Study Will Answer
Key North American Distributors and Retailers: Market Snapshot
Political, Economic, Social, Technological, Legal, and Environmental (PESTLE) Analysis of Aftermarket Retailers and Distributors
Key Findings and Future Trends

Growth Generator

Growth Drivers
Growth Restraints

Definitions

Aftermarket Distribution Channel Structure
eRetail (DIY) Channel Structure: Overview

Distributors and Retailers: Financial Snapshot

Key Findings
Financial Snapshot of Key Retailers and Distributors
5-Year Automotive Revenue Snapshot
2023 EBITDA Snapshot
2023 Revenue Per Store Snapshot
2023 DIFM and DIY Revenue
Sales Mix by Top 4 Retailers/Distributors: DIY vs. DIFM Trends
Evolution of Sales Mix of Top 4 Retailers: Total Market Trend DIFM, 2019 vs. 2023
Evolution of Sales Mix of Top 4 Retailers: Total Market Trend DIY, 2019 vs. 2023
eRetail Sales of Auto Parts and Accessories
Impact of Digitization in DIY Segment: eRetail
Profiling of Key Aftermarket Parts Distributors and Retailers: eRetail Revenue
Penetration of eRetail in DIY across Aftermarket Parts Distributors and Retailers
Strategic Implications of CASE Technologies in the Automotive Aftermarket
Strategic Shifts in Major Players of the Aftermarket Automotive Parts Distribution and Retail
Strategic Shifts in Major Players of the Aftermarket Automotive Parts Distribution and Retail: Amazon

Retailer and Distributor Profiles

NAPA Auto Parts
NAPA Auto Parts: Financial Snapshot for 2023
NAPA Auto Parts: 5-Year Financial Snapshot
NAPA Auto Parts: Next 5-Year Revenue and Growth Strategy
AutoZone
AutoZone: Financial Snapshot for 2023
AutoZone: 5-Year Financial Snapshot
AutoZone: Next 5-Year Revenue and Growth Strategy
Advance Auto Parts
Advance Auto Parts: Financial Snapshot for 2023
Advance Auto Parts: 5-Year Financial Snapshot
Advance Auto Parts: Next 5-Year Revenue and Growth Strategy
O'Reilly Automotive, Inc.
O'Reilly Automotive, Inc.: Financial Snapshot for 2023
O'Reilly Automotive, Inc.: 5-Year Financial Snapshot
O'Reilly Automotive, Inc.: Next 5-Year Revenue and Growth Strategy
LKQ Corporation
LKQ Corporation: Financial Snapshot for 2023
LKQ Corporation: 5-Year Financial Snapshot
LKQ Corporation: Next 5-Year Revenue and Growth Strategy
Canadian Tire Corporation
Canadian Tire Corporation: Financial Snapshot for 2023
Canadian Tire Corporation: 5-Year Financial Snapshot
Canadian Tire Corporation: Next 5-Year Revenue and Growth Strategy

Distributor and Retailer Benchmarking

Comparative Analysis of Revenue and Growth Strategies
Benchmarking Key Retailers and Distributors

Growth Opportunity Universe

Growth Opportunity 1: Strategic Partnerships and Acquisitions
Growth Opportunity 2: Expansion of Private Label Brands
Growth Opportunity 2: Expansion of Private Label Brands
Growth Opportunity 3: Diversification into CASE-specific Vehicle Parts and Services

The Last Word

The Last Word: 3 Big Predictions

Best Practices Recognition

Best Practices Recognition

Frost Radar

Frost Radar

Next Steps

Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
Legal Disclaimer