SMMT survey reveals Brits like to go online to buy car parts and accessories
The Society of Motor Manufacturers and Traders (SMMT) carried out new research recently and discovered that British people are more likely to shop online for car parts rather than cosmetics.
According to their findings, 4.2% of UK shoppers go online to purchase their car parts and accessories, as well as services, whereas only 2% of Brits shop online for groceries.
The SMMT believes these results show just how competitive and advanced the aftermarket car industry is across the country.
In fact, the industry is worth a staggering £12.6 billion and supports more jobs in the sector than the total number of people living in Coventry – around 350,000.
SMMT’s revelations come just as the second annual Automechanika Birmingham aftermarket exhibition gets underway (6 – 8 June 2017 at the NEC Birmingham). This year’s event will open its doors to more than 800 exhibitors, promising to be a 70% bigger event than last year.
The automobile industry is booming at the moment in the UK, boosting the economy by £12.5 billion. The SMMT would like to ensure further growth and believes that by 2022, it could be worth around £28 billion and support 400,000 jobs in the UK – so long as the new car market carries on growing at the current rate.
The main car parts being purchased over the web and contributing to the overall £920 million online spend are tyres, filters and lubricants, resulting in one of the fastest online adaption rates in Europe. The online buying avenue is one that’s expected to grow significantly and by 2022 it’s estimated that it will be worth around £1.65 billion.
According to the SMMT, there’s a rise in demand for online purchases of high-tech items such as tyre pressure monitoring systems and telematics devices.
Despite the growth of car part sales online in the UK, the figures still fall way behind online sales of books and electronics, with 17% of books and 12% of electronics actually sold online. Clothing sales over the internet stood at 7% when the survey was carried out by Frost & Sullivan back in May this year.