France Exterior Car Accessories Market Research Report, 2028

France Exterior Car Accessories Market Research Report, 2028

Actual Market Research 28-02-2023 50 Pages Figures : 4 Tables : 16 Region : Europe Country : France Category : Automotive & Transport Automotive Parts

France has a wide history of automotive production, with companies like Peugeot, Citron, and Renault being among the largest and most well-known manufacturers in the country. The automotive industry in France is a significant contributor to the country's economy, employing over 400,000 people and generating approximately 10% of the country's GDP. In addition to the major automotive manufacturers, France is also home to many suppliers and service providers in the industry, including companies that specialise in the production of automotive parts, software, and technology. The French government has also been investing in the development of electric and hybrid vehicles, with the aim of reducing the country's dependence on fossil fuels and improving air quality. There is a significant demand for exterior car accessories in France. Exterior car accessories such as alloy wheels, body kits, spoilers, and decals are popular among car enthusiasts and people who want to enhance the appearance of their cars. In addition to the aesthetic appeal of some exterior car accessories, some accessories also offer functional benefits such as improved performance, increased safety, and protection from weather conditions. For example, roof racks and bike carriers are popular accessories for outdoor enthusiasts, while mud flaps and splash guards are popular for people who live in areas with wet and muddy roads. In addition to that, France has a long history of automotive design and engineering, and as such, the country has a rich tradition of producing high-quality exterior car accessories. According to the research report, "France Exterior Car Accessories Market Research Report, 2028," published by Actual Market Research, the market was valued at more than USD 7 billion in 2022. In France, OEMs and the entire automotive and mobility industry play a significant role in the economy due to the impact of intermediate consumption, distribution, and car-related services and production along the supply chain. The French automotive industry is constantly making efforts to increase competitiveness, in particular through high pressure to mitigate costs at every level as well as strong investment in R&D. One of the key strengths of the automotive industry in France is its focus on innovation, research, and development. The country has a number of leading research institutions and technology clusters that are dedicated to advancing automotive technology, such as the Institut Français du Pétrole et des Énergies Nouvelles and the Mov'eo cluster for automotive research and development. In addition to that, electrification, automation, and connectivity are the major French automotive industry trends. Based on the report, the France market is segmented into various accessory types including body kits (front and rear bumper kits, spoilers, lip kits, front grilles, tuning hoods, etc.), exhaust mufflers, lights, alloy wheels, chrome accessories, window films, graphic stickers and reflectors, racks, and others (crash guards, side beading, window door visors, licence plate frames, exterior covers, side mirror covers, etc.). Among them, body kits are projected to lead the market by 2028. Groupe PSA is a leading French automotive group that produces popular brands such as Peugeot, Citroen, and DS Automobiles. The company offers a range of exterior car accessories for its vehicles, including alloy wheels, roof bars, and body kits. In recent years, the company has focused on developing electric and hybrid powertrains, as well as autonomous driving technologies. In addition to that, Michelin is a well-known French tyre manufacturer that offers a range of exterior car accessories, including tires, rims, and wheel covers. In recent years, the company has focused on developing new tyre technologies that improve fuel efficiency, reduce noise levels, and enhance vehicle performance. Based on the report, the market is segmented into two major distribution channels, including OEM and aftermarket. Among them, the aftermarket segment is leading the market in 2022, whereas OEM is growing at a higher CAGR by 2028. Specialty shops are often the primary source for high-end and customised exterior car accessories, such as body kits, spoilers, and rims. These shops typically offer a wide range of products and services, including installation and maintenance, and may cater to specific customer segments, such as enthusiasts or collectors. Automotive dealerships also often offer a range of exterior car accessories for the vehicles they sell, including branded accessories designed specifically for their models. These accessories may be offered at the time of sale or as part of an after-sales service package. On the other hand, online retailers have also become a popular channel for selling exterior car accessories in France, offering a wide range of products from multiple manufacturers and suppliers. Additionally, mass-market stores, such as hypermarkets and supermarkets, may also sell a limited range of exterior car accessories, such as basic car covers, seat covers, and floor mats. Thus, the distribution of exterior car accessories in France is diverse and varied, with multiple channels offering a range of products and services to meet the needs of different customer segments. French companies are constantly innovating and developing new exterior car accessories that meet the demands of drivers for style, performance, and safety. The French market for exterior car accessories is highly competitive, with many companies vying for market share through advanced technologies, superior design, and high-quality manufacturing. For instance, Valeo is a major French automotive supplier that produces a wide range of exterior car accessories, including lighting systems, wiper blades, and sensors. In recent years, the company has focused on developing advanced driver assistance systems (ADAS) that use cameras and sensors to enhance vehicle safety and improve driver comfort. Further, Brembo is a leading French manufacturer of high-performance brake systems for sports cars and racing vehicles. The company offers a range of exterior car accessories, including brake discs, calipers, and pads. In recent years, Brembo has focused on developing lightweight and durable brake systems that improve vehicle performance and handling. There are several exterior car accessories available in France for EVs (electric vehicles), including charging cables, charging stations (Schneider Electric, Legrand, and EV-Box), roof racks and bike carriers, wind deflectors, mud flaps, car covers, and window tinting. Considered in this report • Geography: France • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • France Exterior Car Accessories market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Accessories Type: • Body Kits (Front and Rear Bumper Kits, Spoilers, Lip Kit, Front Grille, Tuning Hoods, etc) • Exhaust Muffler • Lights • Alloy Wheels • Chrome Accessories • Window Films • Graphic Stickers & Reflectors • Racks • Others (Crash Guards, Side Beading, Window Door Visors, License Plate Frames, Exterior Covers, Side Mirror Covers, etc) By Distribution Channel: • OEM • Aftermarket The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Exterior Car Accessories industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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