Passenger Car Accessories Aftermarket Size, Share and Trends 2025 to 2034

Revenue, 2024

USD 556.68 Bn

Forecast Year, 2034

USD 906.30 Bn

CAGR, 2025 - 2034

4.99%

Report Coverage

Global

What is Passenger Car Accessories Aftermarket Size?

The global passenger car accessories aftermarket size is calculated at USD 584.48 billion in 2025 and is expected to reach around USD 906.30 billion by 2034, expanding at a CAGR of 4.99% from 2025 to 2034. Stringent government regulations to replace or upgrade the accessories and an increase in the trend of vehicle customization, along with an increase in disposable income, promote the passenger car accessories aftermarket growth.

Market Highlights

• Asia Pacific has accounted market share of around 43% in 2024.
• North America is expected to witness the fastest growth in the market over the projected period.
• By type, the external accessories segment led the global market in 2024.
• By type, the internal accessories segment is expected to show the fastest growth in the market over the forecast period.
• By applications, the tires segment held the largest share of the market in 2024.
• By applications, the seat & steering cover segment will witness considerable growth in the market over the forecast period.
• By applications, the car care products segment is expected to grow at a notable rate in the market during the forecast period.

What is the Passenger Car Accessories Aftermarket?

Car accessories are parts added to the interior or exterior of a vehicle to enhance its aesthetics. Car owners prioritize both exterior and interior accessories to achieve a stylish exterior look and a comfortable, convenient interior feel. Passenger car accessories enable owners to upgrade them vehicles with advanced features, improving comfort, convenience, and functionality. These accessories cater to the specific needs and preferences of car owners and come in various forms. Interior accessories such as sunshades, floor mats, and seat covers enhance passenger comfort. For example, Bluetooth connectivity and audio systems improve the driving experience. Exterior modifications like spoilers, roof racks, and window visors not only boost the vehicle's appearance but also refine its functionality.

How is AI contributing to the Passenger Car Accessories Aftermarket?

Artificial Intelligence is the key technology that alters the car accessories aftermarket; it takes over by introducing predictive maintenance, logistics optimization, and making customer personalization better. AI sees through the data how a part will break down, where to cut the inventory, and how to tailor the user experience. On the trail of AI, there goes the highly automated product quality, dynamic pricing, and operational efficiency. All of these create a connected, data-driven ecosystem that moves the aftermarket from reactive repairs to proactive and intelligent vehicle management.

Passenger Car Accessories Aftermarket Growth Factors

• Rising sales of automotive infotainment systems are expected to fuel the passenger car accessories aftermarket growth soon.
• Rising smartphone penetration, along with the increasing adoption of high-speed internet, can drive the passenger car accessories aftermarket growth further.
• Growing preference for improving the aesthetic appeal of automobiles can boost the passenger car accessories aftermarket growth in upcoming years.

Market Outlook

• Industry Growth Overview: The steadily growing market still stands on the power of the increasing demand for lightweight and durable materials that are used in the automotive, electronics, and industrial sectors.
• Sustainability Trends: The application of bio-based polymers, improved recycling techniques, and circular manufacturing is, to a great extent, the mainstay of eco-friendly practices and the reduction of the environmental footprint.
• Global Expansion: The wide-ranging area of Asia-Pacific is still a primary source of growth, thanks to the industrial expansion, increasing car manufacture, and the presence of good investment conditions.
• Major Investors: The world's largest companies, such as BASF, Arkema, Evonik, Solvay, and DuPont, are the major players in the market who put money not just in material innovation but also in sustainability.
• Startup Ecosystem: The businesses that make up the startup environment are changing their focus from fossil-based feedstocks to tech that is good for the environment. This is a trend supported by active partnerships in research and by favorable government policies.

Market Scope

Passenger Car Accessories Aftermarket Dynamics

Drivers

Increase in passenger car registrations

Countries such as Russia, Europe, Brazil, Japan, China, and India have experienced a significant rise in passenger car registrations. The car markets in India and Russia have expanded rapidly by exhibiting double-digit growth rates. Since then, sales have been on the rise, creating numerous opportunities for industry players in the passenger car accessories market to expand and increase their profits. For example, thermoplastic and high-strength steel are key raw materials used in producing car accessories for light vehicles. Additionally, industry players in the passenger car accessories aftermarket can supply these essential materials to car manufacturers to meet the increasing global demand for light vehicles.

Global vehicle numbers per capita (year 2024)

Restraint

The need for regular maintenance

The global passenger car accessories market faces several challenges. Primarily, the high cost of automotive accessories poses a significant barrier to accessibility, which might prevent many consumers from making purchases. This issue predominantly affects budget-conscious consumers and those in developing nations. Additionally, regular maintenance, such as cleaning, part replacements, and software updates, is required to ensure optimal functionality of auto accessories. Overcoming these obstacles is essential for the expansion and effective operation of the passenger car accessories aftermarket.

Opportunity

Rise in the trend of vehicle customization

The global trend of vehicle customization is on the rise, driven by a growing consumer desire to personalize their cars. This trend is especially noticeable among younger individuals who aim to enhance both their driving experience and their vehicle's aesthetics. Popular additions like chrome accessories, spoilers, LED lights, and alloy wheels not only improve the vehicle's look but also its functionality, which can boost the aftermarket for passenger car accessories. Furthermore, Digital technologies have transformed the design and operation of car accessories, including video panels, GPS, and multiple speakers. These advancements are not only improving the in-car experience but also fueling the demand for the passenger car accessories aftermarket.

In June 2024, MG (Morris Garages), a British automobile brand with a 100-year-old Legacy, launched its all-new Summer Accessories Range designed for its portfolio of cars. This newly introduced range is specifically crafted to keep customer drives cool and comfortable during the summer months, ensuring an enhanced driving experience while protecting the vehicle. The accessories included in this range are tailored to meet the unique needs of MG car owners, promising both functionality and style.

Segment Insights

Type Insights

The external accessories segment led the global passenger car accessories aftermarket in 2024. External accessories encompass items installed outside the car, including roof racks, LED lights, body kits (chrome accessories, bumper guards, and door visors), tires, car care products, body covers, alloy wheels, and window films. The growth of the external accessories market is driven by rising disposable incomes and strict vehicle regulations in certain countries.

The internal accessories segment is expected to show the fastest growth in the passenger car accessories aftermarket over the forecast period. This can be attributed to the growing preference for improving vehicle comfort, convenience, and aesthetics, which are driving the segment's growth. Moreover, the increasing demand for in-car comfort and Convenience is another key factor contributing to this expansion. Also, the advancement and incorporation of cutting-edge technologies, such as wireless charging stations, voice-controlled interfaces, and augmented reality displays, can present significant opportunities for the segment.

• In May 2024, Maruti Suzuki launches Epic New Swift with an all-new Z-Series engine. Designed for the youthful and spirited, the Epic New Swift is poised to create new benchmarks and build on its revered legacy, much like its predecessors. However, the premium interiors of the all-new cabin of the 4th Generation Swift evoke a sporty emotion. The cabin boasts of a fresh layout with a ‘center floating design' for the dashboard. The driver-oriented dashboard, with an 8-degree tilt, creates harmony between the driver and the car.

Application Insights

The tires segment held the largest share of the passenger car accessories aftermarket in 2024. A tire is a circular component that encases the wheel's rim. It plays a critical role in transferring the vehicle's load from the axle through the wheel to the ground, ensuring traction on the driving surface. Tires enable vehicles to gain traction on the road, which can significantly influence the overall design, performance, and handling.

The seat & steering cover segment will witness considerable growth in the passenger car accessories aftermarket over the forecast period. Recent trends in the steering wheel cover market include developing advanced products, such as covers equipped with sensors to monitor driver fatigue and vital signs. Additionally, the demand for eco-friendly and sustainable materials for steering wheel covers is increasing, mirroring the broader consumer preference for environmentally friendly products. Hence, the segment for steering covers is set for significant growth in the coming years.

The car care products segment is expected to grow at a notable rate in the passenger car accessories aftermarket during the forecast period. Car care products typically consist of surface solvents and chemicals (acids or bases) designed to remove stains, clean marks, and restore the gloss and shine of car surfaces. A high-quality car wash shampoo can protect the vehicle's finish by eliminating mud, grime, and other contaminants. Waxing and polishing your car's paint also provides a shield against UV rays and other environmental hazards, such as tree sap and bird droppings.

• In February 2024, Lumax Auto Technologies said it had formed a strategic partnership through its aftermarket division with German firm Bluechem group in the automotive car-care space. This partnership will offer domestic customers automotive car-care products for cleaning, service, and maintenance across the domains.

Regional Insights

Asia Pacific Passenger Car Accessories Aftermarket Size and Growth 2025 to 2034

The Asia Pacific passenger car accessories aftermarket size is exhibited at USD 251.33 billion in 2025 and is projected to be worth around USD 390.62 billion by 2034, poised to grow at a CAGR of 5.02% from 2025 to 2034.

How is Asia-Pacific Leading in the Passenger Car Accessories Aftermarket?

The region reigns over the market due to its great demand for personalization and affordable aftermarket parts. The growth is facilitated by rapid urbanization, industrial expansion, and an increased number of cars manufactured in the region. Besides, the technological innovation and lively e-commerce sector act as covered forces that keep the region at the forefront of aftermarket development and its availability.

Asia Pacific dominated the passenger car accessories aftermarket in 2024. Government policies promoting sustainable manufacturing and investments heavily influence the Asia Pacific automotive motor industry. The surge in passenger car and vehicle registrations within the region creates lucrative opportunities for the expansion of the passenger car accessories aftermarket.The increasing demand for advanced vehicles among consumers and the rise of IoT in the automotive sector also drive the growth of the passenger car accessories aftermarket in Asia Pacific. Moreover, various technological advancements in the automotive industry, promoted by government initiatives such as investment in R&D for automotive manufacturing, further boost market growth.

China Passenger Car Accessories Aftermarket Trends:

China is still a major market with an ever-increasing automotive industry and an online parts market that is growing rapidly. A technology-driven ecosystem, wide-ranging products, and competitive prices all add up to the adaptability that is characteristic of the country's market, which in turn makes it a central place for aftermarket growth and digital retail transformation.

What are the driving factors of the Passenger Car Accessories Aftermarket xx in Europe?

The market in Europe is inclined towards the three aspects of sustainability, safety, and integration of advanced technology in accessories. The manufacturers are in a constant struggle to keep up with the changing standards and, at the same time, meet the consumers' demand for eco-friendly, high-performance solutions. Their struggles eventually led to the development of new materials and the redesign of existing products.

North America is expected to witness the fastest growth in the passenger car accessories aftermarket over the projected period. The North American passenger car accessories aftermarket plays a crucial role in vehicle maintenance and customization, addressing the diverse needs of consumers seeking to enhance, repair, or modify their vehicles based on individual preferences and requirements. Furthermore, the anticipated technological advancements and market factors are expected to transform the market landscape by providing new opportunities for growth and innovation.

Also, strategic foresight and proactive adaptation to emerging trends will be important for stakeholders who aim to leverage this effectively within the evolving dynamics of passenger car accessories aftermarket. This can lead to the growth of the market in the region.

• In May 2024, ZF Aftermarket, a full systems aftermarket provider, launched 36 new part numbers for a variety of braking, suspension, and transmission components for passenger cars in the United States and Canada aftermarket. This includes ten new part numbers for SACHS Continuous Damping Control (CDC) shock absorbers, bringing the total number launched this year to 60.

How is North America Performing in the Passenger Car Accessories Aftermarket?

The area shows a known aftermarket that is dependent on the strong car culture and the high trend of personalized products. The increased expectation for better performance and the use of digital retail platforms contribute to the industry, and this is further supported by the infrastructure that already exists and the preferences of consumers who do it themselves.

The aftermarket in the U.S. is heavily supported by online retail, safety upgrades, and performance. Continuous product development and diversification of the market are pushed by the high expectations of the consumer, the use of digital measures, and the constant creation of new and more efficient vehicle accessories.

Germany leads in regional innovations with its cutting-edge automotive engineering and produces top-quality accessories. The customers' strong preference for smart, long-lasting, and standards-compliant products feeds the continuous development in smart infotainment, lighting, and safety features.

Value Chain Analysis

• Raw Material Sourcing: It strengthens supplier relationships and also secures the procurement of raw materials that are not only of good quality but also economically viable.
  Key Players: BHP Billiton, Rio Tinto, Vale
• Component Manufacturing: It brings about production efficiency, automation, and accuracy for product performance improvements.
  Key Players: Bosch, Denso, Continental AG, ZF Friedrichshafen, and Magna International
• Vehicle Assembly and Integration: It creates an efficient procedure in assembly that results in less operational waste and more integrated products.
  Key Players: Volkswagen Group, Toyota Motor Corporation, General Motors, Ford Motor Company
• Testing and Quality Control: It keeps high standards, reduces defects, and takes care of customer security and satisfaction.
  Key Players: SGS SA, Bureau Veritas, Intertek Group plc, TÜV SÜD, and TÜV Rheinland
• Distribution to Dealers and OEMs: It gets better logistics for very timely and cost-effective delivery of products.
  Key Players: Bosch's aftermarket division, Genuine Parts Company

Passenger Car Accessories Aftermarket Companies

• Robert Bosch GmbH
• Pioneer Corporation
• Denso Corporation
• Covercraft Industries, LLC
• Delphi Technologies
• Continental AG
• Mont Blanc Group AB
• Lear Corporation
• Classic Soft Trim
• Magna International Inc.
• Qaulcomm Technologies Inc.
• Alpine North America Inc.
• Lloyd Mats
• Hyundai Mobis
• Harman International

Segments Covered in the Report

By Type

• External Accessories
• Internal Accessories

By Applications

• Roof Rack
• LED Lights
• Body Kits
• Alloy Wheels
• Tires
• Car Care Products
• Window Films
• Seat And Steering Covers
• Electronic Accessories
• Knobs
• Floor Mats
• Sunshades
• Car Organizers
• Air Freshener
• Vacuum Cleaners
• Pillow And Cushions

By Region

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa