Market Forecast By Replacement Parts (Tire, Battery, Brake Parts, Filters, Body parts, Lighting & Electronic Components, Wheels, Exhaust components), By Distribution Channel (Retailers, Wholesalers & Distributors), By Service Channel (DIY (Do it Yourself), DIFM (Do it for Me), OE (Delegating to OEM’s)), By Certification (Genuine Parts, Certified Parts, Uncertified Parts) And Competitive Landscape
Product Code: ETC313492 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Egypt Automotive Aftermarket Market |
Forecast period | 2025-2031 |
CAGR | 5.9% |
Growing Sector | Automotive |
Egypt Automotive Aftermarket Market report thoroughly covers the market by replacement parts, by distribution channel, by service channel, and by certification. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Egypt automotive aftermarket is experiencing growth, driven by an increasing number of vehicles on the road and consumer demand for vehicle maintenance and repair services. Vehicle owners' growing preference for prolonging the lifespan of their automobiles through proper care and the use of quality spare parts is also a significant factor contributing to market expansion.
According to 6Wresearch, the Egypt Automotive Aftermarket Market size is projected to grow at a CAGR of 5.9% during the forecast period 2025-2031. Key drivers of the Egyptian automotive aftermarket include the rise in automobile sales, the aging vehicle population, and the consumers' inclination towards cost-effective and timely vehicle maintenance. Additionally, the expansion of service providers and parts dealerships across the country is enabling easier consumer access to aftermarket services and products. However, some challenges can hamper the Egypt Automotive Aftermarket Market growth such as the prevalence of counterfeit parts, which can undermine consumer trust and fluctuations in foreign currency exchange rates can impact the cost of imported parts, affecting overall market stability. Despite these challenges, the market is still gaining traction with some emerging trends. These trends are a surge in the adoption of digital platforms for the sale of auto parts and the appointment booking for vehicle services. There's also a rising interest in environmentally-friendly aftermarket products and practices, mirroring the global movement towards sustainability. Moreover, the integration of advanced technologies such as telematics for precision diagnostics is poised to further revolutionize the industry.
The Egyptian government has launched initiatives aimed at enhancing the automotive aftermarket sector, such as implementing stricter regulations on the use of counterfeit parts and offering incentives for the use of genuine components. Efforts to stabilize the currency and foster a more favorable economic environment for parts importation are also in place, aiming to reduce market volatility and improve the quality of available parts and services.
In light of the burgeoning automotive aftermarket in Egypt, it is crucial to recognize the main protagonists shaping this industry. These players include Mansour Automotive Group and GB Auto, and Al-Mansour Automotive, with its legacy and prominent market share, provides a broad spectrum of spare parts.
The Egypt automotive aftermarket industry is expected to see a significant transformation, shaped by technology and evolving consumer preferences. Advancements in telematics and the Internet of Things (IoT) are likely to lead to more personalized and predictive maintenance services. With the global shift towards electric vehicles, the market may also see an uptick in demand for related services and infrastructure. As consumer awareness grows and technology advances.
According to Dhaval, Research Manager, 6Wresearch, the retail segment that is particularly experiencing growth. This expansion is largely attributed to an increase in consumer demand for immediate availability of parts and personalized service. Auto parts retailers are leveraging this trend by providing enhanced customer experiences, with knowledgeable staff and a wide array of inventory that includes high-demand and specialized parts.
Based on the replacement parts, the tire segment is witnessing substantial growth in the market. Consumers' growing awareness of safety, coupled with the regular wear and tear that driving conditions in Egypt impose on tires, has led to increased demand. Tires are considered essential for vehicle performance and safety, prompting vehicle owners to invest in quality replacements.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Automotive Aftermarket Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Automotive Aftermarket Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Automotive Aftermarket Market - Industry Life Cycle |
3.4 Egypt Automotive Aftermarket Market - Porter's Five Forces |
3.5 Egypt Automotive Aftermarket Market Revenues & Volume Share, By Replacement Parts, 2021 & 2031F |
3.6 Egypt Automotive Aftermarket Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Egypt Automotive Aftermarket Market Revenues & Volume Share, By Service Channel, 2021 & 2031F |
3.8 Egypt Automotive Aftermarket Market Revenues & Volume Share, By Certification, 2021 & 2031F |
4 Egypt Automotive Aftermarket Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Automotive Aftermarket Market Trends |
6 Egypt Automotive Aftermarket Market, By Types |
6.1 Egypt Automotive Aftermarket Market, By Replacement Parts |
6.1.1 Overview and Analysis |
6.1.2 Egypt Automotive Aftermarket Market Revenues & Volume, By Replacement Parts, 2021 - 2031F |
6.1.3 Egypt Automotive Aftermarket Market Revenues & Volume, By Tire, 2021 - 2031F |
6.1.4 Egypt Automotive Aftermarket Market Revenues & Volume, By Battery, 2021 - 2031F |
6.1.5 Egypt Automotive Aftermarket Market Revenues & Volume, By Brake Parts, 2021 - 2031F |
6.1.6 Egypt Automotive Aftermarket Market Revenues & Volume, By Filters, 2021 - 2031F |
6.1.7 Egypt Automotive Aftermarket Market Revenues & Volume, By Body parts, 2021 - 2031F |
6.1.8 Egypt Automotive Aftermarket Market Revenues & Volume, By Lighting & Electronic Components, 2021 - 2031F |
6.1.9 Egypt Automotive Aftermarket Market Revenues & Volume, By Exhaust components, 2021 - 2031F |
6.1.10 Egypt Automotive Aftermarket Market Revenues & Volume, By Exhaust components, 2021 - 2031F |
6.2 Egypt Automotive Aftermarket Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Egypt Automotive Aftermarket Market Revenues & Volume, By Retailers, 2021 - 2031F |
6.2.3 Egypt Automotive Aftermarket Market Revenues & Volume, By Wholesalers & Distributors, 2021 - 2031F |
6.3 Egypt Automotive Aftermarket Market, By Service Channel |
6.3.1 Overview and Analysis |
6.3.2 Egypt Automotive Aftermarket Market Revenues & Volume, By DIY (Do it Yourself), 2021 - 2031F |
6.3.3 Egypt Automotive Aftermarket Market Revenues & Volume, By DIFM (Do it for Me), 2021 - 2031F |
6.3.4 Egypt Automotive Aftermarket Market Revenues & Volume, By OE (Delegating to OEMâ??s), 2021 - 2031F |
6.4 Egypt Automotive Aftermarket Market, By Certification |
6.4.1 Overview and Analysis |
6.4.2 Egypt Automotive Aftermarket Market Revenues & Volume, By Genuine Parts, 2021 - 2031F |
6.4.3 Egypt Automotive Aftermarket Market Revenues & Volume, By Certified Parts, 2021 - 2031F |
6.4.4 Egypt Automotive Aftermarket Market Revenues & Volume, By Uncertified Parts, 2021 - 2031F |
7 Egypt Automotive Aftermarket Market Import-Export Trade Statistics |
7.1 Egypt Automotive Aftermarket Market Export to Major Countries |
7.2 Egypt Automotive Aftermarket Market Imports from Major Countries |
8 Egypt Automotive Aftermarket Market Key Performance Indicators |
9 Egypt Automotive Aftermarket Market - Opportunity Assessment |
9.1 Egypt Automotive Aftermarket Market Opportunity Assessment, By Replacement Parts, 2021 & 2031F |
9.2 Egypt Automotive Aftermarket Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Egypt Automotive Aftermarket Market Opportunity Assessment, By Service Channel, 2021 & 2031F |
9.4 Egypt Automotive Aftermarket Market Opportunity Assessment, By Certification, 2021 & 2031F |
10 Egypt Automotive Aftermarket Market - Competitive Landscape |
10.1 Egypt Automotive Aftermarket Market Revenue Share, By Companies, 2024 |
10.2 Egypt Automotive Aftermarket Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |