United Arab Emirates (UAE) Exterior Car Accessories Market Research Report, 2028

United Arab Emirates (UAE) Exterior Car Accessories Market Research Report, 2028

Actual Market Research 28-02-2023 50 Pages Figures : 4 Tables : 16 Region : MEA Country : United Arab Emirates Category : Automotive & Transport Automotive Parts

The automotive industry in the UAE has experienced significant growth over the past few decades. The industry has been driven by various factors, such as the growing population, rising disposable income, and government initiatives to promote economic diversification. The UAE has a strong domestic market for cars, with many international and local car brands being sold in the country. The government has also invested heavily in the development of road infrastructure, which has led to increased demand for cars. The automotive industry in the UAE is concentrated in Dubai, Abu Dhabi, and Sharjah, which are the country's three largest cities. These cities are home to many car dealerships, car accessory shops, and other businesses related to the automotive industry. In addition to the domestic market, the UAE is also an important regional hub for the automotive industry. The country is a major transit point for cars being imported and exported to other countries in the Middle East and beyond. The exterior car accessories market in the UAE is quite large and diverse, with many options available for car owners to customise and enhance the look of their vehicles. The market for exterior car accessories in the UAE is highly competitive, with many suppliers and retailers offering a wide range of products at different price points. The market is driven by a combination of factors such as changing consumer preferences, rising disposable income, and increasing awareness about the benefits of exterior car accessories. Rapid urbanization, the improved lifestyle of consumers, and the high per capita income of consumers make them invest in the purchase of passenger cars. Consumers add car accessories as an additional option to improve the automobile's protection, comfort, security, and mobility. Car accessories not only improve the aesthetic appeal of cars, but they also provide the driver with a higher level of confidence to drive the vehicle seamlessly. The high sales of passenger cars are fuelling the sales of car accessories. The booming automotive industry is expected to create lucrative growth opportunities for the UAE car accessory market over the next five years. According to the research report, "UAE Exterior Car Accessories Market Research Report, 2028," published by Actual Market Research, the market is anticipated to grow by around USD 183.53 Million from 2023 to 2028. The UAE is also home to many car enthusiasts and clubs that organise events and exhibitions showcasing the latest trends and innovations in the exterior car accessory industry. People in the UAE prefer exterior car accessories to personalise and enhance the appearance of their vehicles. The UAE is known for its car culture, with many car enthusiasts and collectors owning high-end and luxury vehicles. Exterior car accessories are a popular way for car owners to customise their vehicles and make them stand out from the crowd. Some of the most popular exterior car accessories in the UAE include chrome trimmings, grilles, and rims, which add a touch of luxury and sophistication to the vehicle. Carbon fibre accessories, such as spoilers and hoods, are also popular as they provide a sporty look and can improve the car's performance. Tinted windows are another popular exterior accessory in the UAE, as they provide privacy and reduce the amount of heat and glare inside the vehicle, which is important in the hot and sunny climate of the region. Exterior car accessories are a popular way for car owners in the UAE to express their individuality and personalise their vehicles, and the market for these accessories is expected to continue to grow in the coming years. Based on the accessory type, body kits will dominate the market in 2022. Body kits are a popular choice for those who want to add a sporty look to their cars. They are available in various designs and materials, such as fiberglass, polyurethane, and carbon fiber. In the UAE, there are several manufacturers and suppliers of exterior car accessories, ranging from international brands to local companies. For instance, ARB 4x4 Accessories is a leading global manufacturer of off-road accessories for 4x4 vehicles, including bull bars, roof racks, and recovery equipment. They have a presence in the UAE, with authorised dealers selling their products. Al-Futtaim Auto & Machinery Company LLC is a well-known distributor and retailer of automotive brands in the UAE, and they offer a wide range of exterior car accessories for various makes and models of vehicles. Bushwacker Middle East is a global manufacturer of fender flares and other exterior accessories for trucks, SUVs, and off-road vehicles. They have a distributor in Dubai, making their products available to customers in the UAE. High Octane Performance Parts is a local company that specialises in aftermarket performance parts and accessories for cars, including exhaust systems, air intakes, and suspension upgrades. Emirates Tents & Car Shades is a UAE-based company that offers a range of car accessories, including car shades, car covers, and car tents. Their products are designed to protect cars from the harsh climate of the region. According to the report, the market is segmented into two major distribution channels, including OEM and aftermarket. Among them, the aftermarket segment is leading the market. The aftermarket offers a wider range of exterior car accessories than original equipment manufacturers (OEMs). This is because aftermarket companies are not bound by the same constraints as OEMs and can offer a broader range of products that cater to a variety of customer needs and preferences. Aftermarket products are widely available in the UAE through various distribution channels, including auto shops, dealerships, and online retailers. This availability makes it easier for customers to find the products they need, regardless of their location in the country. Auto shops and dealerships across the UAE offer a range of exterior car accessories for various makes and models of vehicles. Customers can visit these shops and dealerships to browse and purchase accessories and also seek expert advice from the staff on which accessories would best suit their needs. In addition to that, car shows and events are common in the UAE, and many of them feature vendors and exhibitors showcasing and selling car accessories, including exterior accessories. These events provide car owners with the opportunity to see and touch the products before making a purchase decision. Some of them are the Dubai International Motor Show, the Abu Dhabi International Motor Show, the Formula 1 Abu Dhabi Grand Prix, Custom Show Emirates, and the Sharjah Classic Car Museum, etc. Also, there are several specialised car accessory shops in the UAE that offer a wide range of exterior car accessories for different types of vehicles. Considered in this report • Geography: UAE • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • UAE 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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