Egypt Automotive Aftermarket Market

Egypt automotive industry is expanding over the years because of the local production and importation of vehicles. Increased demand for vehicles due to the increasing middle class population and improvement in the living standard of people. Manufacturers like  Ghabbour Group which assembles brands such as Hyundai, Geely, Bavarian Auto Group and Mazda which produce BMW and Mini vehicles. The Egypt government has taken various initiatives to support automotive industry. These includes customs exemptions and reduce interest rate to support local production, to attract foreign investment and boost exports. Moreover, emphasis on local production, government support, economic conditions and expansion of market demand will further boost the automotive industry in Egypt.

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The key factors driving the Egypt automotive aftermarket industry includes increasing number of vehicle parc, growing consumer expectations and rising competition across the automotive industry. In addition, rising trend of e-commerce platforms such as Egyparts, Odiggo and Amazon Egypt is boosting the Egypt automotive aftermarket. The increasing age of vehicle along with the growing need for the substitute parts, maintenance, repair and services is paving way for the auto parts industry in aftermarket. With the continuous technological advancements, the average age of vehicle increases, will propel the automotive aftermarket in Egypt. Furthermore, increasing awareness regarding the vehicle modification along with the rising purchasing power is enhancing the market growth.

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Rising average operational age of the vehicles along with the increasing number of the aftermarkets is further enhancing the market growth. The increase in number of road accidents due to the breakdown of vehicle components has further created awareness regarding the repair and maintenance of the vehicle on time is further accelerating the market growth. Moreover, increase in sales of passenger and commercial vehicles across the Egypt. The sales of passenger vehicles is 1,67,792 in 2020  and 2,15,072 in 2021, with the YoY growth rate of 28% during 2021/2020.

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Segments covered in the Report:

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

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Key questions answered in this research report:

• • At what pace is Egypt Automotive Aftermarket growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Egypt Automotive Aftermarket? What will be the impact of drivers and restraints in the future?
  • Which are the major revenue pockets for growth in the Egypt Automotive Aftermarket?
  • Which vehicle type generated maximum revenues in 2022 and identify the most promising type during the forecast period?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Egypt Automotive Aftermarket by Vehicle Type

• • Commercial Vehicles
  • Passenger Vehicles

Egypt Automotive Aftermarket by Replacement Parts

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

Egypt Automotive Aftermarket by Certification

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