Posted 2/19/2024, 11:30:00 PM
Car Accessories Market Poised for Major Growth to 2032 Driven by Safety Features and Vehicle Customization Trends
- Car accessories market size to reach $335.5 billion by 2032 due to rising consumer demand for vehicle customization and personalization
- Safety and security accessories segment sees sustained growth through 2032 driven by greater focus on accident prevention
- Mass merchandisers serve as major distribution channels for car accessory brands due to wide reach and customer base
- Europe car accessories demand surges amid increasing consumer preference for eco-friendly, sustainable products
- Leading industry players include Hella, Michelin, Pioneer, AutoZone, Garmin, Bridgestone, and Minda Industries