AUSTRALIA AUTOMOTIVE AFTERMARKET MARKET

Australia Automotive Aftermarket Market Size & Insights 

Australia Automotive Aftermarket size reached USD 7.9 billion in 2024 and is estimated to reach USD 12.1 billion in 2032 and the market is estimated to grow at a CAGR of 5.5% from 2025-2032 driven by robust new vehicle sales, increase in per capita income, rise in the average vehicle age coupled with over millions of passenger vehicles are currently out of warranty in 2023, and the passenger cars with an out of warranty population is projected to grow at a robust CAGR from 2025-2032.

Australia Automotive Aftermarket Market Overview

Australia automotive industry is driven by the strong economic growth, rising investment, rapid industrial activities and technological innovation throughout the country. High presence of the automotive industry bodies such as Australian Automotive Dealers Association, Federal Chamber of Automotive Industries, Automotive Aftermarket Association, Truck Industry Council and others represents as the manufacturer, dealers, importers and related to the future of the automotive industry in Australia.

Australia Automotive Aftermarket Association represents manufacturers, importers, retailers, distributors and wholesalers of car parts and its accessories and provider of vehicle modification and repair services in the country. More than 4,100 businesses are the part of the association and more than 40,000 people are employed. The association members manufacture and distribute vehicles components that helps to improve the appearance and performance of the vehicles such as safety, comfort, additives, chemicals, tools and equipment and accessories.

For instance, as per Australian Automotive Aftermarket Association, the export of local produced automotive aftermarket parts is more than one billion every year. This is expected to create more opportunities for the Australia automotive aftermarket industry.

Major Australia Automotive Aftermarket Industry Drivers

Robust New Vehicle Sales

Sales of new vehicle reached an all-time of 1.23 million vehicles in 2024 an increase of 1.7% over 2023. The new vehicle sales growth momentum continuing in 2025. The SUV segment dominates the new vehicle sales in 2024.Australia ranks second globally in vehicle ownership much ahead of Germany, UK, and China with around 750 vehicle per 1000 population.  The robust growth of new vehicle sales is also increasing VIO and eventually driving demand for replacement parts.

Robust Economic Growth Driving Per Capita Income

GDP per capita reached USD 66.2 thousand in 2024 an increase of 1.7% over 2023. Australia automotive aftermarket market is expected to increase due to the increasing per capita income of consumers, rapid urbanization and growing demand for aftermarket car parts. Rise in per capital leads to rise in vehicle in operation drive automotive aftermarket sales in Australia.

Increase in Average Vehicle Age

The ageing vehicle fleet is driving demand for replacement parts as most of these vehicles are out warranty period. Currently there are over millions of passenger vehicles which are currently out of warranty in 2024, and the passenger cars with an out of warranty population is projected to grow at a robust CAGR from 2025-2032.

Australia Automotive Aftermarket Market Segment Analysis 

Vehicle Type Insights: Passenger vehicle dominates the aftermarket market revenues

Passenger vehicle type generates the largest revenue share and is projected to drive the Australia aftermarket revenues.

Vehicle Type Insights: Tire generates the largest revenues

Tire segment generates the largest market revenues and projected to dominate during the forecast period.

Australia Automotive Aftermarket Market Major Players & Competitive Landscape

Major players operating in the market are Denso, Robert Bosch, Delphi, Champion, Toyota, Valeo, Aisin Corporation, Bridgestone, Hella, Continental etc.

Major automakers are heavily investing to increase their market share by expanding product portfolio in the Australian market. In 2022, Robert Bosch expanded its product portfolio of automotive aftermarket such as water pumps, brake parts, sensors, spark plugs and cooling fans for commercial and passenger vehicles.

Australia Automotive Aftermarket Market Scope of the Report

Australia Automotive Aftermarket Industry Report Segmentation

The Australia Automotive Aftermarket Market has been segmented on the basis of certification, replacement part, vehicle type. By replacement parts, the market is segmented into brake parts, tire, battery, battery, filters, Lighting Components, electronic components, Clutch Parts, Engine Components, Lubricants, and others. Based on the vehicle type, the market has been segmented into commercial vehicles and passenger vehicles. Based on certification, the market has been segmented into Certified Parts, Genuine Parts, Others.

Australia Automotive Aftermarket Market by Vehicle Type

• • Commercial Vehicles
  • Passenger Vehicles

Australia Automotive Aftermarket Market by Replacement Parts

• • Tire
  • Battery
  • Brake Parts
  • Filters
    • Air Filter​
    • Oil Filter​
    • Others​
  • Lighting Components​
  • Electroniccomponents​
  • Lubricants​
  • Clutch Parts​
  • Engine Components
    • Timing Belt​
    • Spark Plugs​
    • Others​
  • Others

Australia Automotive Aftermarket Market by Certification

• • Genuine Parts
  • Certified Parts
  • Counterfeit Parts
  • Others

Australia Automotive Aftermarket Market Leading players

• • Denso
  • Robert Bosch
  • Delphi
  • Champion
  • Toyota
  • Valeo
  • Aisin Corporation
  • Bridgestone
  • Hella
  • Continental