South Africa Exterior Car Accessories Market Research Report, 2028

The South African automotive industry ranks third among the South African economic sectors, after mining and financial services. The major international manufacturers, including BMW, Daimler Chrysler, General Motors, Fiat, Ford, Nissan, Toyota, and Volkswagen, are now concentrated in the Eastern Cape, Gauteng, and Kwazulu-Natal provinces. The Research Report for the South African automotive parts industry is positive. South Africa has over 350 manufacturers with the technological capacity to meet the most stringent specifications. The automotive industry in South Africa is an important sector of the country's economy, contributing significantly to the GDP and providing employment to thousands of people. The industry comprises manufacturers of passenger cars, light commercial vehicles, heavy commercial vehicles, and components. Historically, South Africa's automotive industry was heavily reliant on the production of vehicles for the local market. However, in recent years, the country has become a significant exporter of vehicles and components to other countries in Africa, Europe, and the Middle East. In addition to that, the market for exterior car accessories in South Africa is growing and has a significant potential for further expansion. Exterior car accessories include items such as alloy wheels, body kits, spoilers, roof racks, mud flaps, and other decorative and functional items that are added to a vehicle's exterior to enhance its appearance or performance. The demand for exterior car accessories in South Africa is driven by several factors, including the increasing number of vehicles on the roads, rising disposable incomes, and the growing interest of consumers in personalising and customising their vehicles. Some of the major players in the exterior car accessories market in South Africa include companies such as AutoZone, Autostyle Motorsport, and Zebri Auto. According to the research report, "South Africa Exterior Car Accessories Market Research Report, 2028," published by Actual Market Research, the market is projected to add USD 223.49 Million from 2023 to 2028. The exterior car accessories market in South Africa has undergone several significant developments in recent years, driven by various factors such as changing consumer preferences, technological advancements, and the growing importance of e-commerce platforms. Consumers in South Africa are increasingly looking for ways to personalise and customise their vehicles, leading to a growing demand for specialised and customised exterior car accessories. The market for exterior car accessories in South Africa is evolving rapidly with the development of new and innovative products that incorporate high-tech features such as smart sensors, wireless connectivity, and advanced materials. The growth of e-commerce platforms has had a significant impact on the market for exterior car accessories in South Africa, making it easier for consumers to shop for products online and access a wider range of products and services. The market is facing increasing competition from low-cost imports, particularly from Asian countries such as China, which are able to offer products at lower prices due to lower labour costs. There is a growing emphasis on sustainability and eco-friendliness in the market for exterior car accessories, with a focus on developing products that are made from environmentally friendly materials and have a minimal impact on the environment. The majority of exterior car accessories sold in South Africa are aftermarket products rather than original equipment manufacturer (OEM) products. This is due to the fact that many car manufacturers do not offer a wide range of customization options, leaving consumers to seek aftermarket products to personalise and enhance their vehicles. The market for exterior car accessories in South Africa is highly fragmented, with a large number of small and medium-sized enterprises operating in niche segments of the market. This fragmentation is due to the fact that there is a wide range of products and services offered in the market, catering to the specific needs and preferences of consumers. Body kits and alloy wheels are two of the most popular exterior car accessories in South Africa, with consumers willing to spend significant amounts of money to upgrade their wheels. This is due to the fact that alloy wheels are seen as a symbol of status and prestige and can significantly enhance the appearance and performance of a vehicle. The market for exterior car accessories in South Africa is experiencing a growing demand for high-tech accessories such as smart sensors, wireless connectivity, and advanced materials. These products are seen as more advanced and sophisticated than traditional accessories and are often more expensive. The market for exterior car accessories in South Africa is plagued by counterfeit products, which can undermine the quality and reputation of genuine products. The market for exterior car accessories in South Africa has a long history that can be traced back to the early days of the automobile industry in the country. In the early years, most cars were imported and came with limited customization options, and only a few companies offered specialised products such as roof racks and mud flaps. However, as the automobile industry in South Africa grew, so did the market for exterior car accessories. In the 1960s and 1970s, the market was dominated by a few large companies, such as Willard Batteries and Dunlop Tyres, which offered a wide range of products and services to consumers. In the 1980s and 1990s, the market for exterior car accessories in South Africa underwent significant changes due to the political and economic developments in the country. The end of apartheid and the opening up of the economy led to the entry of new players in the market. In the early 2000s, the market for exterior car accessories in South Africa experienced rapid growth, driven by various factors. Today, the market is also evolving rapidly due to factors such as the development of new and innovative products, the growth of e-commerce platforms, and the increasing competition from low-cost imports. In South Africa, several companies have launched smart sensors for use in exterior car accessories such as parking sensors, tire pressure monitors, and blind spot detection systems. These sensors use advanced technology to provide real-time data and alerts to drivers, enhancing safety and convenience. Further, LED lighting is becoming increasingly popular in the South African market for exterior car accessories, with several companies launching products such as LED light bars, headlights, and taillights. LED lighting is more energy-efficient and longer-lasting than traditional lighting and can significantly enhance the appearance and performance of a vehicle. Ceramic coatings are a new type of exterior car accessory that offer superior protection for a vehicle's paintwork. These coatings use nanotechnology to form a strong and durable layer over the paintwork, protecting it from scratches, chips, and UV damage. In addition to that, wireless charging pads are a new type of exterior car accessory that allow drivers to charge their devices, such as smartphones and tablets, while on the go. These pads use wireless technology to charge devices, eliminating the need for cables and making it more convenient for drivers. However, carbon fibre products such as hoods, spoilers, and mirrors are becoming increasingly popular in the South African market for exterior car accessories. These products are lightweight, strong, and durable, and they can significantly enhance the performance and appearance of a vehicle. Considered in this report • Geography: South Africa • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • South Africa 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.