Global Passenger Car Accessories Aftermarket Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

External Accessories and Internal Accessories.

By Application;

Roof Rack, LED Lights, Body Kits (Chrome Accessories, Bumper Guards, and Door Visors), Body Covers, Alloy Wheels, Tires, Car Care Products, Window Films, Seat & Steering Covers , Electronic Accessories (Infotainment Units, Mobile Charger, and Music System), Knobs, Floor Mats, Sunshades, Car Organizers, Air Freshener, Vacuum Cleaners and Pillows & Cushions.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn166017226 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Passenger Car Accessories Aftermarket (USD Million), 2021 - 2031

In the year 2024, the Global Passenger Car Accessories Aftermarket Market was valued at USD 205,798.28 million. The size of this market is expected to increase to USD 357,299.62 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

The Global Passenger Car Accessories Aftermarket represents a vibrant and dynamic sector within the automotive industry, catering to the diverse needs and preferences of vehicle owners worldwide. This aftermarket segment encompasses a wide range of products designed to enhance the functionality, comfort, aesthetics, and performance of passenger cars beyond their original factory specifications. From interior and exterior accessories to automotive electronics, performance parts, and maintenance components, the aftermarket offers a plethora of options for customization and personalization, allowing vehicle owners to express their individuality and style.

Driven by factors such as evolving consumer lifestyles, technological advancements, and changing automotive trends, the Global Passenger Car Accessories Aftermarket continues to experience steady growth and innovation. As consumers seek to customize and upgrade their vehicles to reflect their preferences and lifestyle choices, aftermarket manufacturers and suppliers respond with a diverse array of innovative products and solutions. Additionally, the increasing popularity of online retail platforms and e-commerce channels has further democratized access to aftermarket products, enabling consumers to conveniently browse, purchase, and install accessories from the comfort of their homes.

The aftermarket segment plays a crucial role in extending the lifespan and value proposition of passenger cars, offering solutions for maintenance, repair, and enhancement beyond the warranty period. With a vast ecosystem of manufacturers, distributors, retailers, and service providers, the aftermarket fosters competition, innovation, and entrepreneurship, driving continuous improvement and evolution in product offerings and customer experiences. Overall, the Global Passenger Car Accessories Aftermarket serves as a dynamic and indispensable component of the automotive ecosystem, empowering vehicle owners to personalize, upgrade, and optimize their driving experience according to their unique preferences and needs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Passenger Car Accessories Aftermarket Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing consumer demand for vehicle customization
        2. Technological advancements in automotive accessories
        3. Increasing disposable income and consumer spending on automotive aftermarket products
        4. Expansion of online retail channels for aftermarket sales
        5. Rising popularity of lifestyle and performance-oriented vehicle modifications
      2. Restraints
        1. Stringent regulations and standards affecting aftermarket product compliance
        2. Supply chain disruptions and material shortages
        3. Challenges in aftermarket product compatibility and installation complexity
      3. Opportunities
        1. Expansion into emerging markets with rising vehicle ownership rates
        2. Introduction of eco-friendly and sustainable aftermarket products
        3. Integration of smart and connected technologies into aftermarket accessories
        4. Collaboration with original equipment manufacturers (OEMs) for co-branded aftermarket products
        5. Focus on innovative marketing strategies and customer engagement initiatives
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Passenger Car Accessories Aftermarket, By Type, 2021 - 2031 (USD Million)
      1. External Accessories
      2. Internal Accessories
    2. Global Passenger Car Accessories Aftermarket, By Application, 2021 - 2031 (USD Million)
      1. Roof Rack
      2. LED Lights
      3. Body Kits (Chrome Accessories, Bumper Guards, and Door Visors)
      4. Body Covers
      5. Alloy Wheels
      6. Tires
      7. Car Care Products
      8. Window Films
      9. Seat & Steering Covers
      10. Electronic Accessories (Infotainment Units, Mobile Charger, and Music System)
      11. Knobs
      12. Floor Mats
      13. Sunshades
      14. Car Organizers
      15. Air Freshener
      16. Vacuum Cleaners
      17. Pillows & Cushions
    3. Global Passenger Car Accessories Aftermarket, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Delphi Technologies
      2. Robert Bosch GmbH
      3. Continental AG
      4. Magna International Inc.
      5. Denso Corporation
      6. Federal-Mogul Corporation
  7. Analyst Views
  8. Future Outlook of the Market