According to the Automotive Industries Association of Canada (AIA Canada) the aftermarket parts in Canada reached a record C$38.8 billion/US$29.14 billion of GDP in 2019. That figure includes C$10 billion/US$7.51 billion in product sales. This represents an annual 2% growth rate according to AIA Canada. The aftermarket was reported at C$20.4 billion/US$16 billion in 2014.…
Summary: The Mexican auto aftermarket is estimated to be more than US$4.6 billion in 2019 and is expected to grow at a rate of between 5% and 6% over the next few years. There are approximately 49 million vehicles in operation (VIO) in Mexico in 2019, making it the 11th largest national fleet in the…
Total US automotive aftermarket industry size The US light-duty automotive aftermarket is a $405 billion industry (projected 2024) with a compound annual growth rate of 5.8% projected through 2026. Light-duty is a subset of the entire aftermarket.* The entire US aftermarket, including light, medium and heavy-duty vehicles, is projected at nearly $535 billion in 2024…