Automotive Aftermarket Will Grow 10% in 2 Years
The automotive aftermarket will grow by $43 billion from 2020 to 2022, the Auto Care Association says.
The association released the figures as part of the publication of the 29th edition of the Auto Care Factbook.
"Despite the uncertainty felt across our industry and the markets over the past year due to tariffs and trade, this edition of the Auto Care Factbook reinforces positive growth in today's $405 billion auto care industry," says Bill Hanvey, CEO and president of the Auto Care Association. "Consumer confidence, spending and hourly wages continue to increase, and more than 41,500 industry jobs were created last year. Our association is committed to delivering resources and data to our members. The Factbook is the bedrock of that information, and we continue to evolve our resources to best serve our members' needs."
All Auto Care Association contacts at member companies receive a complimentary digital copy of the Auto Care Factbook 2020 report as a member benefit. The non-member price for the publication is $1,950. The Auto Care Factbook Plus Lang Annual can be purchased for $995 for members and $2,995 for non-members.
To access the Auto Care Factbook 2020 or the Auto Care Factbook Plus Lang Annual 2020 publications, visit this link. For questions, contact Auto Care Association Member Services at email@example.com.