Car Accessories Market Size

Car Accessories Market size was over USD 548.37 billion in 2024 and is projected to reach USD 1.11 trillion by 2037, witnessing around 5.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of car accessories is assessed at USD 572.94 billion. This growth in the market is set to be encouraged by the growing young population. In 2022, over 2 billion adolescents and youth were recorded who were between the ages of 10 and 24.  Further, this young population has a huge demand for customized vehicles since their preference for aesthetic appeal in automotive is growing.

Furthermore, there has been surging competition between car manufacturers, which is why they are offering attractive accessories in order to satisfy customers changing preferences and obtain competitive advantages. Therefore, this factor is predicted to dominate the expansion of the market for car accessories over the years to come.