Total market size of the light-duty aftermarket in 2025 is expected to reach $435 billion and is forecast to grow at above pre-pandemic growth rates
The total market size of the light duty aftermarket in 2025 is projected to reach $435 billion and is forecast to grow at above pre-pandemic growth rates through 2028. The aftermarket is expected to top $500 billion by 2028, just four years after topping $400 billion, according to a new report.
In the struggle for market share, the service channel retains the 0.6 percentage point gain that it claimed from the dealer channel in 2024. The dealer channel has lost 1.4 percentage points since 2017.
The report, the Joint Channel Market Size and Forecast, by Auto Care Association and MEMA Aftermarket Suppliers, and prepared by S&P Global Market Intelligence, offers a comprehensive review and analysis of the size of the U.S. aftermarket, the forecast for growth through 2028 and the trends in the industry shaping this growth.
“The automotive aftermarket continues to demonstrate remarkable resilience and growth,” said Paul McCarthy, president of MEMA Aftermarket Suppliers. “The 2025 Joint Channel Forecast predicts consumers will spend $435 billion to repair and maintain their vehicles this year, while future years will surpass pre-pandemic growth rates in dollar terms. Consumers and our country need the aftermarket.”
Bill Hanvey, president and CEO, Auto Care Association, stated, “The U.S. automotive aftermarket is poised for significant growth, and this report highlights the industry’s strength and resilience in the face of evolving challenges.”
The report is available to Auto Care Association members here and MEMA Aftermarket Suppliers members here as a membership benefit.
Comments are closed.