The global automotive wheels aftermarket is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The major factor driving the growth of the global automotive wheels aftermarket during the forecast period is the increasing demand for lightweight materials in the automobile industry across the globe. Additionally, the rising sales of passenger cars with the changing preferences of consumers is also boosting the growth of the market.
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Furthermore, the growth of the market is can also be attributed to the owing to the stringent focus on lightweight materials and fuel consumption by the governments of developed regions such as Europe and North America. Moreover, the growing accident rates as well as changing consumer preferences for stylish wheels coupled with the government and market players to reduce carbon emissions is also boosting the growth of the global automotive wheels aftermarket during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Automotive Wheels Aftermarket Report by Segment
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Others
By Aftermarket Type
- New Wheel Replacement
- Refurbished Wheel Fitment
By Material Type
- Alloy
- Steel
- Others
By Coating Type
- Liquid Coating
- Powdered Coating
By Product Type
- Regular Wheels
- High-Performance Wheels
By Distribution Chanel
- Retail
- Wholesaler and Distributors
By Rim Size
- 13-15 Inch
- 16-18 Inch
- 19-21 Inch
- Above 21 Inch
Global Automotive Wheels Aftermarket Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Automotive Wheels Aftermarket market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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