Global Automotive Wheels Aftermarket
Market Report
2025
The global Automotive Wheels Aftermarket market size is USD 3.1 billion in 2024. The Automotive Wheels Aftermarket market will show strongest growth with a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031. This growth can be attributed to the customization demand for aesthetic and performance enhancements.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Automotive Wheels Aftermarket Market Report 2024.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
---|---|---|---|---|---|---|
Global Automotive Wheels Aftermarket Market Sales Revenue | 121212 | $ 3.1 Billion | 121212 | 121212 | 121212 | 3.2% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Vehicle Type |
|
Market Split by Aftermarket Type |
|
Market Split by Material Type |
|
Market Split by Product Type |
|
Market Split by Rim Size |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Market Drivers:The pursuit of improved vehicle performance is anticipated to drive the Automotive Wheels Aftermarket market's expansion in the years ahead | |
Market Restrains:
|
Report scope is customizable as we have a huge database of Automotive Wheels Aftermarket industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Automotive Wheels Aftermarket Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Automotive Wheels Aftermarket is a dynamic sector within the automotive industry that encompasses the sale and installation of wheels designed for vehicles as replacements or upgrades. This market thrives on the diverse demands of consumers seeking to enhance the appearance, performance, and customization of their vehicles beyond factory specifications. With a plethora of options available in terms of materials, designs, sizes, and finishes, the aftermarket wheel market caters to a wide range of preferences and budgets. Enthusiasts, automotive aficionados, and everyday drivers alike contribute to the growth of this market by continually seeking ways to personalize and enhance their vehicles. Despite facing challenges such as stringent manufacturer warranties and cost considerations, the aftermarket wheel market continues to evolve and expand, driven by innovation in wheel design, advancements in manufacturing technologies, and the enduring desire of consumers to make a statement with their vehicles.
We have various report editions of Automotive Wheels Aftermarket Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In February 2022, Ronal Group signed a Memorandum of Understanding (MoU) with the Eccomelt, a company that manufactures the secondary aluminum from used tires. The Ronal Group secured the preferential supply of Eccomelt's post-consumer material, which has extremely low carbon footprint, by signing this MoU. (Source: https://www.ronalgroup.com/en/)
Top Companies Market Share in Automotive Wheels Aftermarket Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in the year 2024 and accounted for around 40% of the global revenue. North America has a well-established infrastructure for aftermarket automotive parts distribution and installation services. Additionally, the presence of leading aftermarket wheel manufacturers and retailers, coupled with a robust economy and high disposable income levels, further contributes to the dominance of North America in this market segment.
Asia-Pacific stands out as the fastest-growing region in the Automotive Wheels Aftermarket market due to the growing popularity of vehicle customization and the availability of a wide range of aftermarket wheel options contribute to the region's rapid expansion. This trend is expected to continue as the automotive market in Asia Pacific matures and consumer preferences evolve.
The current report Scope analyzes Automotive Wheels Aftermarket Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Automotive Wheels Aftermarket Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Wheels Aftermarket Industry growth. Automotive Wheels Aftermarket market has been segmented with the help of its Vehicle Type, Aftermarket Type Material Type, and others. Automotive Wheels Aftermarket market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Quality management is the major parameter to meet specific standards and specifications, reliability and consistency. The chemical and material industry is full of various types of chemicals and it is necessary to focus on quality management because it may affect environment & other equipment. Raw materials plays an important role in this industry. The chemical industry converts these raw materials into primary, secondary, and tertiary products. Fluctuations in raw material prices may impact the market growth in the near future. This study includes the revenue generation of each type in each region for the year 2019 to 2031. Additionally it also provides detailed supply chain analysis along with current trends in the market which are expected to propel the market growth in the coming year.
Vehicle Type of Automotive Wheels Aftermarket analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Wheels Aftermarket Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Automotive Wheels Aftermarket Market.
Some of the key Aftermarket Type of Automotive Wheels Aftermarket are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
According to cognitive market research, alloy is the dominant category due to its lightweight construction, durability, and aesthetic appeal. Alloy wheels, typically made from aluminum or the magnesium alloys, offer advantages over traditional steel wheels, including improved handling, braking performance, and fuel efficiency. Additionally, alloy wheels come in different designs, finishes, and sizes, allowing consumers to customize their vehicles according to their preferences. The popularity of alloy wheels in the aftermarket segment reflects the demand for both style and performance enhancements among vehicle owners. .
Senior Research Analyst at Cognitive Market Research
• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.
Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Wheels Aftermarket Market is witnessing significant growth in the near future.
In 2023, the Passenger Cars segment accounted for noticeable share of global Automotive Wheels Aftermarket Market and is projected to experience significant growth in the near future.
The New Wheel Replacement segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies AEZ Leichtmetallrade, LLC and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Vehicle Type | Passenger Cars, Commercial Vehicles |
Aftermarket Type | New Wheel Replacement, Refurbished Wheel Fitment |
Material Type | Alloy, Steel, Others |
Product Type | Regular Wheels, High-Performance Wheels |
Rim Size | 13”–15” Inch, 16”–18” Inch, 19”–21” Inch, Above 21” Inch |
List of Competitors | AEZ Leichtmetallrade, ALLOY WHEEL REPAIR SPECIALISTS, LLC, Arconic Automotive Wheels Ltd, Beyern Wheels, Borbet GmbH, CMWheels, ENKEI CORPORATION, Jian Sin Industrial Co. Ltd., KONIG AMERICAN, LKQ Corporation, MAXION Wheels Inc., RONAL GROUP, Tanabe USA Inc. |
This chapter will help you gain GLOBAL Market Analysis of Automotive Wheels Aftermarket. Further deep in this chapter, you will be able to review Global Automotive Wheels Aftermarket Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive Wheels Aftermarket. Further deep in this chapter, you will be able to review North America Automotive Wheels Aftermarket Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive Wheels Aftermarket. Further deep in this chapter, you will be able to review Europe Automotive Wheels Aftermarket Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive Wheels Aftermarket. Further deep in this chapter, you will be able to review Asia Pacific Automotive Wheels Aftermarket Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive Wheels Aftermarket. Further deep in this chapter, you will be able to review South America Automotive Wheels Aftermarket Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Automotive Wheels Aftermarket. Further deep in this chapter, you will be able to review Middle East and Africa Automotive Wheels Aftermarket Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Automotive Wheels Aftermarket. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Vehicle Type Analysis 2019 -2031, will provide market size split by Vehicle Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Vehicle Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Aftermarket Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Material Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Product Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 14 Market Split by Rim Size Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Wheels Aftermarket market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Passenger Cars have a significant impact on Automotive Wheels Aftermarket market? |
What are the key factors affecting the Passenger Cars and Commercial Vehicles of Automotive Wheels Aftermarket Market? |
What is the CAGR/Growth Rate of New Wheel Replacement during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Wheels Aftermarket Market? |
Which region is expected to dominate the global Automotive Wheels Aftermarket Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|