United Kingdom (UK) Exterior Car Accessories Market Research Report, 2028

United Kingdom (UK) Exterior Car Accessories Market Research Report, 2028

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

Car accessories are designed to serve a variety of purposes. Some, for example, are designed to improve a car's comfort level, while others are designed to protect the car's body from damage. Some ensure the driver's and passengers' safety, while others makes cleaning the cabin easier. The history of exterior car accessories in the UK dates back to the early days of motoring in the late 19th century. As car ownership became more widespread, manufacturers and third-party companies began producing a wide range of accessories to enhance the appearance and functionality of vehicles. In the early 20th century, many car owners in the UK began customising their vehicles with exterior accessories such as custom paint jobs, chrome trim, and specialised lighting systems. With the rise of mass-produced cars in the post-war era, the market for exterior car accessories continued to grow, with many companies specialising in producing custom parts and upgrades for specific makes and models of vehicles. Today, the market for exterior car accessories in the UK continues to thrive, with a wide range of companies and manufacturers offering custom parts and upgrades for vehicles of all makes and models. From body kits and spoilers to enhanced lighting systems, there are countless options available for UK car owners looking to enhance the appearance and performance of their vehicles. According to the research report, "United Kingdom Exterior Car Accessories Market Research Report, 2028,” the market is anticipated to grow at over 7% CAGR by 2023–28. There is a growing community of car enthusiasts in the UK who are passionate about modifying and customising their cars, including adding exterior accessories such as body kits, spoilers, and wheels. In addition, many drivers in the UK see exterior car accessories as a way to express their personal style and make their vehicles stand out on the road. From subtle modifications to bold and eye-catching designs, there is a wide range of exterior car accessories available to suit different tastes and preferences. Overall, the demand for exterior car accessories in the UK remains strong, driven by a combination of personal style, performance, and a desire to create a unique and personalised vehicle. Based on the accessory type, the 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 during the forecast period. In the United Kingdom, new car sales are on the decline due to the economy. However, with fewer people buying new cars, consumers are opting to improve, customize, and upgrade their existing vehicles. For this reason, exterior parts and accessories are the most popular products in the auto parts marketplace. Aftermarket accessories such as billet grille upgrades, chrome trim, tonneau covers, nerf bars, wind deflectors, front lip/side skirt lip kits, and wind deflectors are typically the best sellers in these categories. The United Kingdom has a rich tradition of car racing, and many drivers and enthusiasts in the country are passionate about motorsport. As a result, there is a strong market for exterior car accessories designed specifically for car racing in the United Kingdom. Some examples of exterior car accessories for racing cars that are popular in the United Kingdom include racing wheels, racing tires, body kits and aerodynamic upgrades, light-weight body panels, and racing graphics and decals. In addition to that, as electric vehicles (EVs) continue to grow in popularity in the United Kingdom, there is a growing demand for exterior car accessories designed specifically for these vehicles. These accessories include EV charging ports and cables, EV-specific wheels, aerodynamic modifications, custom wraps and graphics, and EV-specific spoilers. Furthermore, LUXE Automotive, RevoZport, R-Tec Auto Design, CarbonWurks, and DeltaStyling are some of the start-ups that have emerged in the UK's exterior car accessories market. The United Kingdom Automotive is built on solid foundations of innovation and cutting-edge engineering. In the mid-twentieth century, the United Kingdom (UK) had the world's second largest automobile manufacturing industry. Today, production is primarily focused on a few remaining British prestige brands and commercial vehicles, with plants for foreign manufacturers such as Nissan, Ford, and BMW also located there. Nonetheless, the automotive industry remains an important part of the UK economy. The United Kingdom has benefited from significant investments by many of the world's major vehicle manufacturers, including BMW Group, Ford, Vauxhall, Jaguar Land Rover, Nissan, and Toyota. This attests to the sector's global nature and dynamism. However, the optimism is not limited to major manufacturers. The supply chain that feeds into these Original Equipment Manufacturers (OEMs) is also seeing increased demand with significant growth opportunities, assisting the overall industry in its recovery after a difficult few years. In addition, the United Kingdom has a diverse mix of luxury, premium, volume, and commercial vehicle manufacturers and suppliers, as well as eight F1 teams. The United Kingdom is the world's fourth-largest manufacturer of construction equipment. Based on the report, the United Kingdom market is segmented into two major distribution channels, including OEM and aftermarket. Among them, the aftermarket segment will lead the market in 2022. The aftermarket for exterior car accessories in the United Kingdom is often higher than the OEM (original equipment manufacturer) market because aftermarket products are designed specifically for customization and personalization. Also, aftermarket products are often priced competitively, offering drivers a cost-effective way to upgrade and enhance the appearance of their vehicles. Many automotive retailers in the UK sell a range of exterior car accessories, including body kits, spoilers, and performance upgrades. These retailers may have physical stores or online shops and may specialise in certain types of accessories or specific vehicle makes and models. Online marketplaces such as Amazon, eBay, and Auto Trader are popular channels for selling exterior car accessories in the United Kingdom. These platforms allow sellers to reach a wide audience of potential customers and often provide features such as customer reviews and ratings to help shoppers make informed purchasing decisions. However, many manufacturers of exterior car accessories have their own websites where they sell their products directly to customers. These websites may offer a wider range of products and customization options than traditional retailers, and they may also provide resources such as installation instructions and customer support. In addition to that, auto shows and exhibitions are a popular way for manufacturers and retailers of exterior car accessories to showcase their products and connect with potential customers. These events allow customers to see and touch the products in person, as well as ask questions and receive advice from experts. On the other hand, social media platforms such as Instagram, Facebook, and YouTube are increasingly being used by manufacturers and retailers to showcase their products and connect with customers. These platforms allow companies to showcase their products in creative and engaging ways and to build a community of enthusiasts around their brand. Considered in this report • Geography: United Kingdom • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • United Kingdom 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.

Read More

Card image cap

Interested in this report?
Get your FREE sample!

Requirement Gathering & Methodology
Data Collection Techniques
Our Research Team & Data Sourcing
Data Science & Analytical Tools
Data Visualization & Presentation Skills
Project/ Report Delivery & After Sales Services