United Kingdom Automotive Aftermarket Market Size- By Replacement Parts, By Vehicle Type, By Certification, By Distribution Channel, By Service Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
United Kingdom Automotive Aftermarket Market Introduction and Overview
According to SPER market research, ‘United Kingdom Automotive Aftermarket Market Size- By Replacement Parts, By Vehicle Type, By Certification, By Distribution Channel, By Service Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the United Kingdom Automotive Aftermarket Market is predicted to reach USD 30.79 billion by 2033 with a CAGR of 3.63%.
As opposed to the original equipment manufacturer (OEM) market, the automotive aftermarket is the secondary market for car parts, accessories, and services. It includes a broad spectrum of goods and services, such as chemicals, accessories, replacement parts, and maintenance and repair services for cars after they are sold and driven off the dealership lot. For car owners looking to improve, customize, repair, or maintain their vehicles, this market is essential.
The COVID-19 epidemic caused substantial disruptions in various key categories within the UK vehicle aftermarket business. Travel limitations and unstable economic conditions led to a decline in consumer spending on auto maintenance and repair services. Auto parts production plant closures around the world disrupted the supply chain, raising costs and causing shortages of essential parts. Lockdown measures also decreased the number of cars on the road, which decreased the need for lubricants, tires, and other replacement parts.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Replacement Parts, By Vehicle Type, By Certification, By Distribution Channel, By Service Channel
Regions covered Eastern Region, Western Region, Northern Region, Southern Region
Companies CoveredEuro Car Parts Ltd, Kwik-Fit (GB) Limited, National Tyres and Autocare Ltd, Compagnie Generale des Etablissements Michelin SCA.
United Kingdom Automotive Aftermarket Market Segmentation:By Replacement Parts: Based on the Perfume Type, United Kingdom Automotive Aftermarket Market is segmented as; Battery, Body Parts, Brake Parts, Exhaust Components, Filters, Lighting and Electronic Components, Tire, Turbochargers, Wheels.
By Certification: Based on the Vehicle Type, United Kingdom Automotive Aftermarket Market is segmented as; Certified Parts, Genuine Parts, Uncertified Parts.
By Distribution Channel:Based on the Distribution Channel, United Kingdom Automotive Aftermarket Market is segmented as; Retailers, Wholesalers and Distributors.