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Passenger Car Accessories Market Share

  • Report ID: 146
  • Published Date: Sep 30, 2024
  • Report Format: PDF, PPT

Passenger Car Accessories Market Share

APAC Market Statistics

Regionally, the global passenger car accessories market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific is anticipated to dominate majority revenue share by 2036, backed by rapidly growing automobile industry in the region. For instance, China's automobile industry manufactured approximately 21 thousand passenger cars in 2021 while the figure similar figure for Japan and India was estimated to be respectively around 6 and 3 thousand.

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Passenger Car Accessories Market Share
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Author Credits:  Saima Khursheed


  • Report ID: 146
  • Published Date: Sep 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Newly allowed automobile regulations, rising cases of car theft, growing disposable income, and rise in lifestyle status are some major factors driving the growth of the passenger car accessories market.

The market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2022 – 2031.

High cost of car accessories, lack of standards and policies, and competition from local manufacturers are estimated to hamper the market growth.

The market in Asia Pacific region is projected to hold the largest market share by the end of 2031 and provide more business opportunities in the future.

The major players in the market are Pioneer Corporation, Lloyd Mats, Covercraft Industries, LLC, Robert Bosch GmbH, Delphi Technologies, Continental AG, Mont Blanc Group AB, Alpine North America, Inc., Classic Soft Trim, and others.
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